Home > PS Ratio > HINDUSTAN OIL EXPLORATION COMPANY

HINDUSTAN OIL EXPLORATION COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of HINDUSTAN OIL EXPLORATION COMPANY is 4.22.

Share Price ₹202.5Apr 19,2024
Market Cap ₹2,677.1 Cr
Sales-TTM₹634.6 CrTTM-Consolidated Results
Price/Sales4.22xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for HINDUSTAN OIL EXPLORATION COMPANY
Please provide your vote to see the results
HINDUSTAN OIL EXPLORATION COMPANY is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Top Undervalued Small Cap Stocks
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of HINDUSTAN OIL EXPLORATION COMPANY

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 HINDUSTAN OIL EXPLORATION COMPANY is calculated as :

Current Market Cap [ ₹2,677.1 Cr] as on Apr 19,2024

(/) Sales [ ₹634.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 4.22x ]

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

Thus, for HINDUSTAN OIL EXPLORATION COMPANY , the investors are currently willing to pay '4.22 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 HINDUSTAN OIL EXPLORATION COMPANY !

The chart below summarizes the trend in P/S Ratio of HINDUSTAN OIL EXPLORATION COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of HINDUSTAN OIL EXPLORATION COMPANY


PS Ratio Performance Analysis for HINDUSTAN OIL EXPLORATION COMPANY

- HINDUSTAN OIL EXPLORATION COMPANY 's latest p/e ratio is 4.22x.

- HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 8.27x.

- HINDUSTAN OIL EXPLORATION COMPANY 's operated at median p/e ratio of 6.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio peaked in Mar2022 at 18.67x.

- HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio hit its five-year low in Mar2020 of 2.24x.


How does HINDUSTAN OIL EXPLORATION COMPANY 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HINDUSTAN OIL EXPLORATION COMPANY 634.64.222,677.1
OIL & NATURAL GAS CORPORATION LTD640,333.00.54346,146.0
OIL INDIA LTD34,905.61.8665,096.8
JINDAL DRILLING & INDUSTRIES LTD522.44.302,245.3
ASIAN ENERGY SERVICES LTD215.05.221,123.0
SELAN EXPLORATION TECHNOLOGY LTD137.57.09974.9
DEEP ENERGY RESOURCES LTD22.227.08601.8
ABAN OFFSHORE LTD335.11.19399.7
GUJARAT NATURAL RESOURCES LTD22.95.71130.8
AAKASH EXPLORATION SERVICES LTD81.11.29104.3

Oil Exploration Industry Benchmark (Top 10) PS Analysis vs HINDUSTAN OIL EXPLORATION COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.54x
Max industry PS 27.08x
Median industry PS 4.30x
Average industry PS 5.85x



You may also like the below Video Courses