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OIL INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of OIL INDIA is 1.64.

Share Price ₹486.2Nov 21,2024
Market Cap ₹79,077.2 Cr
Book Value₹48,339.0 CrMar2024 - Consolidated Results
Price/Book 1.64xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of OIL INDIA

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 OIL INDIA is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 1.64x.

- 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 ValuePB RatioMarket Cap
OIL INDIA 48,339.001.6479,077.2
OIL & NATURAL GAS CORPORATION LTD337,070.000.90304,694.0
HINDUSTAN OIL EXPLORATION COMPANY LTD1,174.422.092,453.1
JINDAL DRILLING & INDUSTRIES LTD1,362.211.562,122.4
ASIAN ENERGY SERVICES LTD265.355.511,462.1
SELAN EXPLORATION TECHNOLOGY LTD392.443.251,275.8
DEEP ENERGY RESOURCES LTD399.522.48992.2
ABAN OFFSHORE LTD-23,871.90-0.01356.3
GUJARAT NATURAL RESOURCES LTD105.521.97207.5
AAKASH EXPLORATION SERVICES LTD58.531.81106.1

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

Top 10 Industry PeersPB 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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