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ABAN OFFSHORE
PS (Price/Sales) Ratio

The Current P/S Ratio of ABAN OFFSHORE is 1.22.

Share Price ₹70.2Apr 26,2024
Market Cap ₹409.7 Cr
Sales-TTM₹335.1 CrTTM-Consolidated Results
Price/Sales1.22xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of ABAN OFFSHORE

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of ABAN OFFSHORE is calculated as :

Current Market Cap [ ₹409.7 Cr] as on Apr 26,2024

(/) Sales [ ₹335.1 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.22x ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

Thus, for ABAN OFFSHORE , the investors are currently willing to pay '1.22 times sales' to own 1 share of the company.

PS Multiples are one of the most widely used valuation multiple in the industry.

P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.

You may also explore Price to Earnings ratio or Price to Book ratio of ABAN OFFSHORE !

The chart below summarizes the trend in P/S Ratio of ABAN OFFSHORE over the last five years.

Historical PS (Price/Sales) ratio chart of ABAN OFFSHORE


PS Ratio Performance Analysis for ABAN OFFSHORE

- ABAN OFFSHORE 's latest p/e ratio is 1.22x.

- ABAN OFFSHORE 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.32x.

- ABAN OFFSHORE 's operated at median p/e ratio of 0.4x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ABAN OFFSHORE 's p/e ratio peaked in Mar2023 at 0.49x.

- ABAN OFFSHORE 's p/e ratio hit its five-year low in Mar2020 of 0.08x.


How does ABAN OFFSHORE 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Sales (Cr)PS RatioMarket Cap (Cr)
ABAN OFFSHORE 335.11.22409.7
OIL & NATURAL GAS CORPORATION LTD640,333.00.56355,833.0
OIL INDIA LTD34,905.61.9568,138.6
HINDUSTAN OIL EXPLORATION COMPANY LTD634.64.312,735.5
JINDAL DRILLING & INDUSTRIES LTD522.44.372,283.9
ASIAN ENERGY SERVICES LTD215.05.331,146.9
SELAN EXPLORATION TECHNOLOGY LTD137.56.93953.3
DEEP ENERGY RESOURCES LTD22.226.23582.9
GUJARAT NATURAL RESOURCES LTD22.95.40123.7
AAKASH EXPLORATION SERVICES LTD81.11.35109.4

Oil Exploration Industry Benchmark (Top 10) PS Analysis vs ABAN OFFSHORE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.56x
Max industry PS 26.23x
Median industry PS 4.37x
Average industry PS 5.76x



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