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OIL INDIA
PS (Price/Sales) Ratio

The Current P/S Ratio of OIL INDIA is 1.89.

Share Price ₹608.5Apr 24,2024
Market Cap ₹65,985.7 Cr
Sales-TTM₹34,905.6 CrTTM-Consolidated Results
Price/Sales1.89xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of OIL INDIA

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 INDIA is calculated as :

Current Market Cap [ ₹65,985.7 Cr] as on Apr 24,2024

(/) Sales [ ₹34,905.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.89x ]

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

Thus, for OIL INDIA , the investors are currently willing to pay '1.89 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 INDIA !

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

Historical PS (Price/Sales) ratio chart of OIL INDIA


PS Ratio Performance Analysis for OIL INDIA

- OIL INDIA 's latest p/e ratio is 1.89x.

- OIL INDIA 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.89x.

- OIL INDIA 's operated at median p/e ratio of 0.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, OIL INDIA 's p/e ratio peaked in Mar2019 at 1.46x.

- OIL INDIA 's p/e ratio hit its five-year low in Mar2020 of 0.48x.


How does OIL INDIA '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 INDIA 34,905.61.8965,985.7
OIL & NATURAL GAS CORPORATION LTD640,333.00.55351,430.0
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 INDIA '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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