HINDUSTAN OIL EXPLORATION COMPANY
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The Current P/E Ratio of HINDUSTAN OIL EXPLORATION COMPANY is 14.68.
Share Price | ₹187.3 | Nov 22,2024 |
Market Cap | ₹2,476.1 Cr | |
Earnings-TTM | ₹168.7 Cr | TTM-Consolidated Results |
Price/Earnings | 14.68x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN OIL EXPLORATION COMPANY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹2,476.1 Cr] as on Nov 22,2024
(/) Earnings [ ₹168.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 14.68x ]
Thus, for HINDUSTAN OIL EXPLORATION COMPANY , the investors are currently willing to pay 14.68 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 HINDUSTAN OIL EXPLORATION COMPANY !
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 HINDUSTAN OIL EXPLORATION COMPANY over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN OIL EXPLORATION COMPANY
PE Ratio Performance Analysis for HINDUSTAN OIL EXPLORATION COMPANY
- HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 38.24x.
- HINDUSTAN OIL EXPLORATION COMPANY 's operated at median p/e ratio of 10.36x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio peaked in Mar2022 at 145.41x.
- HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio hit its five-year low in Mar2020 of 3.29x.
How does HINDUSTAN OIL EXPLORATION COMPANY '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 |
---|---|---|---|
HINDUSTAN OIL EXPLORATION COMPANY | 168.65 | 14.68 | 2,476.1 |
OIL & NATURAL GAS CORPORATION LTD | 40,937.90 | 7.54 | 308,783.0 |
OIL INDIA LTD | 8,260.90 | 9.99 | 82,501.5 |
JINDAL DRILLING & INDUSTRIES LTD | 101.72 | 21.22 | 2,158.2 |
ASIAN ENERGY SERVICES LTD | 36.48 | 39.61 | 1,445.1 |
SELAN EXPLORATION TECHNOLOGY LTD | 57.83 | 22.51 | 1,301.7 |
DEEP ENERGY RESOURCES LTD | -1.61 | -617.78 | 992.2 |
ABAN OFFSHORE LTD | -1,018.24 | -0.36 | 362.1 |
GUJARAT NATURAL RESOURCES LTD | -1.73 | -118.73 | 205.5 |
AAKASH EXPLORATION SERVICES LTD | 5.22 | 20.81 | 108.5 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN OIL EXPLORATION COMPANY 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -617.78x |
Max industry PE | 39.61x |
Median industry PE | 14.68x |
Average industry PE | -60.05x |
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