CHENNAI PETROLEUM CORPORATION
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The Current P/E Ratio of CHENNAI PETROLEUM CORPORATION is 12.91.
Share Price | ₹578.6 | Nov 19,2024 |
Market Cap | ₹8,614.6 Cr | |
Earnings-TTM | ₹667.2 Cr | TTM-Consolidated Results |
Price/Earnings | 12.91x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of CHENNAI PETROLEUM CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹8,614.6 Cr] as on Nov 19,2024
(/) Earnings [ ₹667.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.91x ]
Thus, for CHENNAI PETROLEUM CORPORATION , the investors are currently willing to pay 12.91 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 CHENNAI PETROLEUM CORPORATION !
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 CHENNAI PETROLEUM CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of CHENNAI PETROLEUM CORPORATION
PE Ratio Performance Analysis for CHENNAI PETROLEUM CORPORATION
- CHENNAI PETROLEUM CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.62x.
- CHENNAI PETROLEUM CORPORATION 's operated at median p/e ratio of 1.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CHENNAI PETROLEUM CORPORATION 's p/e ratio peaked in Mar2021 at 5.79x.
- CHENNAI PETROLEUM CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does CHENNAI PETROLEUM CORPORATION 's P/E Ratio benchmark against top 10 peers in Refineries Industry?
Peer Comparison (Refineries Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
CHENNAI PETROLEUM CORPORATION | 667.16 | 12.91 | 8,614.6 |
RELIANCE INDUSTRIES LTD | 77,180.00 | 21.76 | 1,679,770.0 |
INDIAN OIL CORPORATION LTD | 15,856.00 | 11.86 | 188,024.0 |
BHARAT PETROLEUM CORPORATION LTD | 11,785.80 | 10.40 | 122,540.0 |
HINDUSTAN PETROLEUM CORPORATION LTD | 3,793.39 | 20.28 | 76,931.4 |
MANGALORE REFINERY AND PETROCHEMICALS LTD | 884.65 | 29.29 | 25,912.2 |
Refineries Industry Benchmark (Top 10) PE Analysis vs CHENNAI PETROLEUM CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.40x |
Max industry PE | 29.29x |
Median industry PE | 20.28x |
Average industry PE | 17.75x |
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