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HINDUSTAN OIL EXPLORATION COMPANY
PB (Price/Book ) Ratio

The Current P/B Ratio of HINDUSTAN OIL EXPLORATION COMPANY is 2.12.

Share Price ₹188.0Apr 21,2025
Market Cap ₹2,484.7 Cr
Book Value₹1,174.4 CrMar2024 - Consolidated Results
Price/Book 2.12xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN OIL EXPLORATION COMPANY

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

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of HINDUSTAN OIL EXPLORATION COMPANY is calculated as :

Current Market Cap [ ₹2,484.7 Cr] as on Apr 21,2025

(/) Book Value [ ₹1,174.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.12x ]

P/B Ratio indicates 'the multiple of book value' 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 '2.12 times book value' to own 1 share of the company.

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

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of HINDUSTAN OIL EXPLORATION COMPANY !

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

Historical PB (Price/Book ) ratio chart of HINDUSTAN OIL EXPLORATION COMPANY


PB Ratio Performance Analysis for HINDUSTAN OIL EXPLORATION COMPANY

- HINDUSTAN OIL EXPLORATION COMPANY 's latest p/b ratio is 2.12x.

- HINDUSTAN OIL EXPLORATION COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.99x.

- HINDUSTAN OIL EXPLORATION COMPANY 's operated at median p/b ratio of 1.75x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN OIL EXPLORATION COMPANY 's p/b ratio peaked in Mar2022 at 3.86x.

- HINDUSTAN OIL EXPLORATION COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.67x.


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

Peer Comparison (Oil Exploration Industry)Book ValuePB RatioMarket Cap
HINDUSTAN OIL EXPLORATION COMPANY 1,174.422.122,484.7
OIL & NATURAL GAS CORPORATION LTD337,070.000.93314,004.0
OIL INDIA LTD48,339.001.3364,373.0
DEEP INDUSTRIES LTD1,443.252.173,136.6
JINDAL DRILLING & INDUSTRIES LTD1,362.211.692,307.6
ASIAN ENERGY SERVICES LTD265.355.301,405.9
SELAN EXPLORATION TECHNOLOGY LTD392.442.21866.7
GUJARAT NATURAL RESOURCES LTD105.524.82509.0
ABAN OFFSHORE LTD-23,871.90-0.01235.6

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

Top 10 Industry PeersPB Ratio
Min industry PB -0.01x
Max industry PB 5.30x
Median industry PB 2.12x
Average industry PB 2.29x



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