HINDUSTAN OIL EXPLORATION COMPANY
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The Current P/B Ratio of HINDUSTAN OIL EXPLORATION COMPANY is 2.12.
Share Price | ₹188.0 | Apr 21,2025 |
Market Cap | ₹2,484.7 Cr | |
Book Value | ₹1,174.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.12x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of HINDUSTAN OIL EXPLORATION COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
HINDUSTAN OIL EXPLORATION COMPANY | 1,174.42 | 2.12 | 2,484.7 |
OIL & NATURAL GAS CORPORATION LTD | 337,070.00 | 0.93 | 314,004.0 |
OIL INDIA LTD | 48,339.00 | 1.33 | 64,373.0 |
DEEP INDUSTRIES LTD | 1,443.25 | 2.17 | 3,136.6 |
JINDAL DRILLING & INDUSTRIES LTD | 1,362.21 | 1.69 | 2,307.6 |
ASIAN ENERGY SERVICES LTD | 265.35 | 5.30 | 1,405.9 |
SELAN EXPLORATION TECHNOLOGY LTD | 392.44 | 2.21 | 866.7 |
GUJARAT NATURAL RESOURCES LTD | 105.52 | 4.82 | 509.0 |
ABAN OFFSHORE LTD | -23,871.90 | -0.01 | 235.6 |
Oil Exploration Industry Benchmark (Top 10) PB Analysis vs HINDUSTAN OIL EXPLORATION COMPANY 's P/B Ratio
Top 10 Industry Peers | PB 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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