ABAN OFFSHORE
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The Current P/S Ratio of ABAN OFFSHORE is 1.18.
Share Price | ₹68.0 | May 07,2024 |
Market Cap | ₹396.8 Cr | |
Sales-TTM | ₹335.1 Cr | TTM-Consolidated Results |
Price/Sales | 1.18x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ABAN OFFSHORE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹396.8 Cr] as on May 07,2024
(/) Sales [ ₹335.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.18x ]
Thus, for ABAN OFFSHORE , the investors are currently willing to pay '1.18 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 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 Ratio | Market Cap (Cr) |
---|---|---|---|
ABAN OFFSHORE | 335.1 | 1.18 | 396.8 |
OIL & NATURAL GAS CORPORATION LTD | 640,333.0 | 0.54 | 344,071.0 |
OIL INDIA LTD | 34,905.6 | 1.98 | 69,082.0 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 634.6 | 4.11 | 2,609.2 |
JINDAL DRILLING & INDUSTRIES LTD | 522.4 | 4.21 | 2,201.4 |
ASIAN ENERGY SERVICES LTD | 305.1 | 4.10 | 1,251.1 |
SELAN EXPLORATION TECHNOLOGY LTD | 165.6 | 6.53 | 1,082.1 |
DEEP ENERGY RESOURCES LTD | 22.2 | 26.13 | 580.6 |
GUJARAT NATURAL RESOURCES LTD | 22.9 | 6.06 | 138.9 |
AAKASH EXPLORATION SERVICES LTD | 81.1 | 1.30 | 105.3 |
Oil Exploration Industry Benchmark (Top 10) PS Analysis vs ABAN OFFSHORE 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.54x |
Max industry PS | 26.13x |
Median industry PS | 4.11x |
Average industry PS | 5.61x |
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