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SELAN EXPLORATION TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of SELAN EXPLORATION TECHNOLOGY is 26.46.

Share Price ₹449.8Mar 28,2024
Market Cap ₹683.7 Cr
Earnings-TTM₹25.8 CrTTM-Standalone Results
Price/Earnings26.46xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SELAN EXPLORATION TECHNOLOGY

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 SELAN EXPLORATION TECHNOLOGY is calculated as :

Current Market Cap [ ₹683.7 Cr] as on Mar 28,2024

(/) Earnings [ ₹25.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 26.46x ]

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

Thus, for SELAN EXPLORATION TECHNOLOGY , the investors are currently willing to pay 26.46 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 SELAN EXPLORATION TECHNOLOGY !

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 SELAN EXPLORATION TECHNOLOGY over the last five years.

Historical PE (Price/Earnings) ratio chart of SELAN EXPLORATION TECHNOLOGY


PE Ratio Performance Analysis for SELAN EXPLORATION TECHNOLOGY

- SELAN EXPLORATION TECHNOLOGY 's latest p/e ratio is 26.46x.

- SELAN EXPLORATION TECHNOLOGY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 16.78x.

- SELAN EXPLORATION TECHNOLOGY 's operated at median p/e ratio of 12.01x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SELAN EXPLORATION TECHNOLOGY 's p/e ratio peaked in Mar2021 at 32.63x.

- SELAN EXPLORATION TECHNOLOGY 's p/e ratio hit its five-year low in Mar2020 of 4.59x.


How does SELAN EXPLORATION TECHNOLOGY 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SELAN EXPLORATION TECHNOLOGY 25.8426.46683.7
OIL & NATURAL GAS CORPORATION LTD50,690.906.65336,963.0
OIL INDIA LTD6,730.339.6765,075.2
HINDUSTAN OIL EXPLORATION COMPANY LTD263.828.892,346.7
JINDAL DRILLING & INDUSTRIES LTD100.2018.401,843.3
ASIAN ENERGY SERVICES LTD3.98278.091,107.6
DEEP ENERGY RESOURCES LTD-0.64-888.97570.7
ABAN OFFSHORE LTD-1,355.95-0.21291.2
GUJARAT NATURAL RESOURCES LTD-2.39-50.35120.4
AAKASH EXPLORATION SERVICES LTD3.7624.6792.6

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs SELAN EXPLORATION TECHNOLOGY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -888.97x
Max industry PE 278.09x
Median industry PE 9.67x
Average industry PE -56.67x



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