OIL INDIA
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The Current P/B Ratio of OIL INDIA is 1.64.
Share Price | ₹486.2 | Nov 21,2024 |
Market Cap | ₹79,077.2 Cr | |
Book Value | ₹48,339.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.64x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of OIL INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹79,077.2 Cr] as on Nov 21,2024
(/) Book Value [ ₹48,339.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.64x ]
Thus, for OIL INDIA , the investors are currently willing to pay '1.64 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 OIL INDIA !
The chart below summarizes the trend in P/B Ratio of OIL INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of OIL INDIA
PB Ratio Performance Analysis for OIL INDIA
- OIL INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.77x.
- OIL INDIA 's operated at median p/b ratio of 0.71x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OIL INDIA 's p/b ratio peaked in Mar2024 at 1.35x.
- OIL INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.39x.
How does OIL INDIA 's P/B Ratio benchmark against top 10 peers in Oil Exploration Industry?
Peer Comparison (Oil Exploration Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
OIL INDIA | 48,339.00 | 1.64 | 79,077.2 |
OIL & NATURAL GAS CORPORATION LTD | 337,070.00 | 0.90 | 304,694.0 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 1,174.42 | 2.09 | 2,453.1 |
JINDAL DRILLING & INDUSTRIES LTD | 1,362.21 | 1.56 | 2,122.4 |
ASIAN ENERGY SERVICES LTD | 265.35 | 5.51 | 1,462.1 |
SELAN EXPLORATION TECHNOLOGY LTD | 392.44 | 3.25 | 1,275.8 |
DEEP ENERGY RESOURCES LTD | 399.52 | 2.48 | 992.2 |
ABAN OFFSHORE LTD | -23,871.90 | -0.01 | 356.3 |
GUJARAT NATURAL RESOURCES LTD | 105.52 | 1.97 | 207.5 |
AAKASH EXPLORATION SERVICES LTD | 58.53 | 1.81 | 106.1 |
Oil Exploration Industry Benchmark (Top 10) PB Analysis vs OIL INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.01x |
Max industry PB | 5.51x |
Median industry PB | 1.97x |
Average industry PB | 2.12x |
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