ASIAN ENERGY SERVICES
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The Current P/E Ratio of ASIAN ENERGY SERVICES is 41.48.
Share Price | ₹337.8 | Dec 03,2024 |
Market Cap | ₹1,513.1 Cr | |
Earnings-TTM | ₹36.5 Cr | TTM-Consolidated Results |
Price/Earnings | 41.48x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ASIAN ENERGY SERVICES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹1,513.1 Cr] as on Dec 03,2024
(/) Earnings [ ₹36.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 41.48x ]
Thus, for ASIAN ENERGY SERVICES , the investors are currently willing to pay 41.48 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 ASIAN ENERGY SERVICES !
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 ASIAN ENERGY SERVICES over the last five years.
Historical PE (Price/Earnings) ratio chart of ASIAN ENERGY SERVICES
PE Ratio Performance Analysis for ASIAN ENERGY SERVICES
- ASIAN ENERGY SERVICES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 15.69x.
- ASIAN ENERGY SERVICES 's operated at median p/e ratio of 11.09x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ASIAN ENERGY SERVICES 's p/e ratio peaked in Mar2024 at 43.2x.
- ASIAN ENERGY SERVICES 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does ASIAN ENERGY SERVICES '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 |
---|---|---|---|
ASIAN ENERGY SERVICES | 36.48 | 41.48 | 1,513.1 |
OIL & NATURAL GAS CORPORATION LTD | 40,937.90 | 8.06 | 329,918.0 |
OIL INDIA LTD | 8,260.90 | 9.65 | 79,728.2 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 168.65 | 15.42 | 2,599.9 |
JINDAL DRILLING & INDUSTRIES LTD | 101.72 | 23.52 | 2,392.0 |
SELAN EXPLORATION TECHNOLOGY LTD | 57.83 | 22.88 | 1,322.9 |
DEEP ENERGY RESOURCES LTD | -1.61 | -617.78 | 992.2 |
ABAN OFFSHORE LTD | -1,018.24 | -0.37 | 378.6 |
GUJARAT NATURAL RESOURCES LTD | -1.73 | -145.83 | 252.4 |
AAKASH EXPLORATION SERVICES LTD | 5.22 | 21.58 | 112.6 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs ASIAN ENERGY SERVICES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -617.78x |
Max industry PE | 41.48x |
Median industry PE | 15.42x |
Average industry PE | -62.14x |
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