GUJARAT NATURAL RESOURCES
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The Current P/E Ratio of GUJARAT NATURAL RESOURCES is -107.53.
Share Price | ₹23.2 | Nov 26,2024 |
Market Cap | ₹186.1 Cr | |
Earnings-TTM | ₹-1.7 Cr | TTM-Consolidated Results |
Price/Earnings | -107.53x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GUJARAT NATURAL RESOURCES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹186.1 Cr] as on Nov 26,2024
(/) Earnings [ ₹-1.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ -107.53x ]
Thus, for GUJARAT NATURAL RESOURCES , the investors are currently willing to pay -107.53 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 GUJARAT NATURAL RESOURCES !
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 GUJARAT NATURAL RESOURCES over the last five years.
Historical PE (Price/Earnings) ratio chart of GUJARAT NATURAL RESOURCES
PE Ratio Performance Analysis for GUJARAT NATURAL RESOURCES
- GUJARAT NATURAL RESOURCES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.00x.
- GUJARAT NATURAL RESOURCES '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, GUJARAT NATURAL RESOURCES 's p/e ratio peaked in Mar2024 at 0x.
- GUJARAT NATURAL RESOURCES 's p/e ratio hit its five-year low in Mar2024 of 0x.
How does GUJARAT NATURAL RESOURCES '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 |
---|---|---|---|
GUJARAT NATURAL RESOURCES | -1.73 | -107.53 | 186.1 |
OIL & NATURAL GAS CORPORATION LTD | 40,937.90 | 7.81 | 319,854.0 |
OIL INDIA LTD | 8,260.90 | 9.92 | 81,940.4 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 168.65 | 14.77 | 2,491.5 |
JINDAL DRILLING & INDUSTRIES LTD | 101.72 | 22.66 | 2,305.3 |
ASIAN ENERGY SERVICES LTD | 36.48 | 38.95 | 1,420.9 |
SELAN EXPLORATION TECHNOLOGY LTD | 57.83 | 22.66 | 1,310.6 |
DEEP ENERGY RESOURCES LTD | -1.61 | -617.78 | 992.2 |
ABAN OFFSHORE LTD | -1,018.24 | -0.36 | 366.0 |
AAKASH EXPLORATION SERVICES LTD | 5.22 | 20.71 | 108.0 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs GUJARAT NATURAL RESOURCES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -617.78x |
Max industry PE | 38.95x |
Median industry PE | 14.77x |
Average industry PE | -58.82x |
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