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SAVITA OIL TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of SAVITA OIL TECHNOLOGIES is 18.97.

Share Price ₹566.5Apr 23,2024
Market Cap ₹3,914.2 Cr
Earnings-TTM₹206.4 CrTTM-Consolidated Results
Price/Earnings18.97xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SAVITA OIL TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of SAVITA OIL TECHNOLOGIES is calculated as :

Current Market Cap [ ₹3,914.2 Cr] as on Apr 23,2024

(/) Earnings [ ₹206.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 18.97x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for SAVITA OIL TECHNOLOGIES , the investors are currently willing to pay 18.97 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of SAVITA OIL TECHNOLOGIES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of SAVITA OIL TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of SAVITA OIL TECHNOLOGIES


PE Ratio Performance Analysis for SAVITA OIL TECHNOLOGIES

- SAVITA OIL TECHNOLOGIES 's latest p/e ratio is 18.97x.

- SAVITA OIL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2023 to Mar2008 averaged 2.57x.

- SAVITA OIL TECHNOLOGIES 's operated at median p/e ratio of 1.23x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SAVITA OIL TECHNOLOGIES 's p/e ratio peaked in Mar2023 at 7.28x.

- SAVITA OIL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 1.11x.


How does SAVITA OIL TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?

Peer Comparison (Lubricants Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SAVITA OIL TECHNOLOGIES 206.3818.973,914.2
CASTROL INDIA LTD864.1323.8420,598.5
GULF OIL LUBRICANTS INDIA LTD283.5017.244,886.9
TIDE WATER OIL COMPANY (INDIA) LTD123.5322.322,757.5
PANAMA PETROCHEM LTD184.9811.122,056.2
GP PETROLEUMS LTD24.5814.29351.2

Lubricants Industry Benchmark (Top 10) PE Analysis vs SAVITA OIL TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 11.12x
Max industry PE 23.84x
Median industry PE 18.97x
Average industry PE 17.96x



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