GULF OIL LUBRICANTS INDIA
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The Current P/E Ratio of GULF OIL LUBRICANTS INDIA is 15.28.
Share Price | ₹1,036.4 | Nov 21,2024 |
Market Cap | ₹5,099.1 Cr | |
Earnings-TTM | ₹333.7 Cr | TTM-Consolidated Results |
Price/Earnings | 15.28x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GULF OIL LUBRICANTS INDIA
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹5,099.1 Cr] as on Nov 21,2024
(/) Earnings [ ₹333.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 15.28x ]
Thus, for GULF OIL LUBRICANTS INDIA , the investors are currently willing to pay 15.28 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 GULF OIL LUBRICANTS INDIA !
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 GULF OIL LUBRICANTS INDIA over the last five years.
Historical PE (Price/Earnings) ratio chart of GULF OIL LUBRICANTS INDIA
PE Ratio Performance Analysis for GULF OIL LUBRICANTS INDIA
- GULF OIL LUBRICANTS INDIA 's p/e ratio for fiscal years ending Mar2024 to Mar2022 averaged 11.20x.
- GULF OIL LUBRICANTS INDIA 's operated at median p/e ratio of 10.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, GULF OIL LUBRICANTS INDIA 's p/e ratio peaked in Mar2024 at 14.99x.
- GULF OIL LUBRICANTS INDIA 's p/e ratio hit its five-year low in Mar2023 of 8.53x.
How does GULF OIL LUBRICANTS INDIA 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
GULF OIL LUBRICANTS INDIA | 333.68 | 15.28 | 5,099.1 |
CASTROL INDIA LTD | 897.78 | 20.51 | 18,417.5 |
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 |
GP PETROLEUMS LTD | 24.60 | 12.72 | 313.0 |
Lubricants Industry Benchmark (Top 10) PE Analysis vs GULF OIL LUBRICANTS INDIA '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 | 16.79x |
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