GP PETROLEUMS
|
The Current P/E Ratio of GP PETROLEUMS is 13.21.
Share Price | ₹63.7 | Nov 19,2024 |
Market Cap | ₹324.9 Cr | |
Earnings-TTM | ₹24.6 Cr | TTM-Standalone Results |
Price/Earnings | 13.21x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GP PETROLEUMS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹324.9 Cr] as on Nov 19,2024
(/) Earnings [ ₹24.6 Cr] based on TTM-Standalone Results
(=) P/E Ratio [ 13.21x ]
Thus, for GP PETROLEUMS , the investors are currently willing to pay 13.21 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 GP PETROLEUMS !
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 GP PETROLEUMS over the last five years.
Historical PE (Price/Earnings) ratio chart of GP PETROLEUMS
PE Ratio Performance Analysis for GP PETROLEUMS
- GP PETROLEUMS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 10.03x.
- GP PETROLEUMS 's operated at median p/e ratio of 10.27x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GP PETROLEUMS 's p/e ratio peaked in Mar2022 at 12.2x.
- GP PETROLEUMS 's p/e ratio hit its five-year low in Mar2023 of 6.29x.
How does GP PETROLEUMS 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GP PETROLEUMS | 24.60 | 13.21 | 324.9 |
CASTROL INDIA LTD | 897.78 | 20.51 | 18,417.5 |
GULF OIL LUBRICANTS INDIA LTD | 333.68 | 15.29 | 5,103.3 |
SAVITA OIL TECHNOLOGIES LTD | 169.04 | 19.36 | 3,273.1 |
TIDE WATER OIL COMPANY (INDIA) LTD | 127.87 | 23.27 | 2,975.4 |
PANAMA PETROCHEM LTD | 196.60 | 9.57 | 1,880.8 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs GP PETROLEUMS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.57x |
Max industry PE | 23.27x |
Median industry PE | 19.36x |
Average industry PE | 16.87x |
You may also like the below Video Courses