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OIL & NATURAL GAS CORPORATION
PS (Price/Sales) Ratio

The Current P/S Ratio of OIL & NATURAL GAS CORPORATION is 0.55.

Share Price ₹279.4Apr 24,2024
Market Cap ₹351,430.7 Cr
Sales-TTM₹640,333.0 CrTTM-Consolidated Results
Price/Sales0.55xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of OIL & NATURAL GAS CORPORATION

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 OIL & NATURAL GAS CORPORATION is calculated as :

Current Market Cap [ ₹351,430.7 Cr] as on Apr 24,2024

(/) Sales [ ₹640,333.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 0.55x ]

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

Thus, for OIL & NATURAL GAS CORPORATION , the investors are currently willing to pay '0.55 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 OIL & NATURAL GAS CORPORATION !

The chart below summarizes the trend in P/S Ratio of OIL & NATURAL GAS CORPORATION over the last five years.

Historical PS (Price/Sales) ratio chart of OIL & NATURAL GAS CORPORATION


PS Ratio Performance Analysis for OIL & NATURAL GAS CORPORATION

- OIL & NATURAL GAS CORPORATION 's latest p/e ratio is 0.55x.

- OIL & NATURAL GAS CORPORATION 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.37x.

- OIL & NATURAL GAS CORPORATION 's operated at median p/e ratio of 0.42x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OIL & NATURAL GAS CORPORATION 's p/e ratio peaked in Mar2019 at 0.48x.

- OIL & NATURAL GAS CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0.22x.


How does OIL & NATURAL GAS CORPORATION 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Sales (Cr)PS RatioMarket Cap (Cr)
OIL & NATURAL GAS CORPORATION 640,333.00.55351,430.7
OIL INDIA LTD34,905.61.8965,986.1
HINDUSTAN OIL EXPLORATION COMPANY LTD634.64.212,669.3
JINDAL DRILLING & INDUSTRIES LTD522.44.422,309.8
ASIAN ENERGY SERVICES LTD215.05.531,188.0
SELAN EXPLORATION TECHNOLOGY LTD137.56.96957.4
DEEP ENERGY RESOURCES LTD22.226.18581.8
ABAN OFFSHORE LTD335.11.23413.1
GUJARAT NATURAL RESOURCES LTD22.95.46125.2
AAKASH EXPLORATION SERVICES LTD81.11.39112.9

Oil Exploration Industry Benchmark (Top 10) PS Analysis vs OIL & NATURAL GAS CORPORATION 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.55x
Max industry PS 26.18x
Median industry PS 4.42x
Average industry PS 5.78x



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