HINDUSTAN PETROLEUM CORPORATION
|
The Current P/E Ratio of HINDUSTAN PETROLEUM CORPORATION is 20.13.
Share Price | ₹359.0 | Jan 17,2025 |
Market Cap | ₹76,377.4 Cr | |
Earnings-TTM | ₹3,793.4 Cr | TTM-Consolidated Results |
Price/Earnings | 20.13x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of HINDUSTAN PETROLEUM CORPORATION
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹76,377.4 Cr] as on Jan 17,2025
(/) Earnings [ ₹3,793.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.13x ]
Thus, for HINDUSTAN PETROLEUM CORPORATION , the investors are currently willing to pay 20.13 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 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 HINDUSTAN PETROLEUM CORPORATION over the last five years.
Historical PE (Price/Earnings) ratio chart of HINDUSTAN PETROLEUM CORPORATION
PE Ratio Performance Analysis for HINDUSTAN PETROLEUM CORPORATION
- HINDUSTAN PETROLEUM CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.44x.
- HINDUSTAN PETROLEUM CORPORATION 's operated at median p/e ratio of 3.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, HINDUSTAN PETROLEUM CORPORATION 's p/e ratio peaked in Mar2020 at 10.98x.
- HINDUSTAN PETROLEUM CORPORATION 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does HINDUSTAN 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 |
---|---|---|---|
HINDUSTAN PETROLEUM CORPORATION | 3,793.39 | 20.13 | 76,377.4 |
RELIANCE INDUSTRIES LTD | 79,496.00 | 22.15 | 1,760,970.0 |
INDIAN OIL CORPORATION LTD | 15,856.00 | 11.41 | 180,964.0 |
BHARAT PETROLEUM CORPORATION LTD | 11,785.80 | 10.07 | 118,722.0 |
MANGALORE REFINERY AND PETROCHEMICALS LTD | 884.65 | 27.84 | 24,632.8 |
CHENNAI PETROLEUM CORPORATION LTD | 317.63 | 27.70 | 8,797.7 |
Refineries Industry Benchmark (Top 10) PE Analysis vs HINDUSTAN PETROLEUM CORPORATION 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.07x |
Max industry PE | 27.84x |
Median industry PE | 22.15x |
Average industry PE | 19.89x |
You may also like the below Video Courses