ABAN OFFSHORE
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The Current P/E Ratio of ABAN OFFSHORE is -0.24.
Share Price | ₹40.2 | Apr 17,2025 |
Market Cap | ₹234.8 Cr | |
Earnings-TTM | ₹-968.2 Cr | TTM-Consolidated Results |
Price/Earnings | -0.24x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ABAN OFFSHORE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹234.8 Cr] as on Apr 17,2025
(/) Earnings [ ₹-968.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -0.24x ]
Thus, for ABAN OFFSHORE , the investors are currently willing to pay -0.24 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ABAN OFFSHORE !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of ABAN OFFSHORE over the last five years.
Historical PE (Price/Earnings) ratio chart of ABAN OFFSHORE
PE Ratio Performance Analysis for ABAN OFFSHORE
- ABAN OFFSHORE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- ABAN OFFSHORE 's operated at median p/e ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ABAN OFFSHORE 's p/e ratio peaked in Mar2024 at 0x.
- ABAN OFFSHORE 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does ABAN OFFSHORE 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?
Peer Comparison (Oil Exploration Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
ABAN OFFSHORE | -968.22 | -0.24 | 234.8 |
OIL & NATURAL GAS CORPORATION LTD | 40,408.40 | 7.58 | 306,393.0 |
OIL INDIA LTD | 7,302.65 | 8.56 | 62,526.8 |
DEEP INDUSTRIES LTD | 164.58 | 18.88 | 3,106.9 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 165.40 | 14.21 | 2,350.0 |
JINDAL DRILLING & INDUSTRIES LTD | 119.35 | 18.72 | 2,234.0 |
ASIAN ENERGY SERVICES LTD | 29.99 | 48.00 | 1,439.3 |
SELAN EXPLORATION TECHNOLOGY LTD | 70.30 | 12.24 | 860.4 |
GUJARAT NATURAL RESOURCES LTD | -5.02 | -100.36 | 504.1 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs ABAN OFFSHORE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -100.36x |
Max industry PE | 48.00x |
Median industry PE | 12.24x |
Average industry PE | 3.07x |
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