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OIL COUNTRY TUBULAR
PE (Price/Earnings) Ratio

The Current P/E Ratio of OIL COUNTRY TUBULAR is -9.93.

Share Price ₹74.7Feb 21,2025
Market Cap ₹357.1 Cr
Earnings-TTM₹-36.0 CrTTM-Standalone Results
Price/Earnings-9.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of OIL COUNTRY TUBULAR

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of OIL COUNTRY TUBULAR is calculated as :

Current Market Cap [ ₹357.1 Cr] as on Feb 21,2025

(/) Earnings [ ₹-36.0 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ -9.93x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for OIL COUNTRY TUBULAR , the investors are currently willing to pay -9.93 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 OIL COUNTRY TUBULAR !

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 OIL COUNTRY TUBULAR over the last five years.

Historical PE (Price/Earnings) ratio chart of OIL COUNTRY TUBULAR


PE Ratio Performance Analysis for OIL COUNTRY TUBULAR

- OIL COUNTRY TUBULAR 's latest p/e ratio is -9.93x.

- OIL COUNTRY TUBULAR 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.12x.

- OIL COUNTRY TUBULAR '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, OIL COUNTRY TUBULAR 's p/e ratio peaked in Mar2023 at 0.59x.

- OIL COUNTRY TUBULAR 's p/e ratio hit its five-year low in Mar2024 of 0x.


How does OIL COUNTRY TUBULAR 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
OIL COUNTRY TUBULAR -35.96-9.93357.1
JSW STEEL LTD3,478.0069.02240,046.0
TATA STEEL LTD2,376.4573.86175,517.0
JINDAL STAINLESS LTD2,426.0321.2251,477.4
STEEL AUTHORITY OF INDIA LTD1,707.7627.2746,571.7
APL APOLLO TUBES LTD634.3965.1241,312.3
MOTHERSON SUMI WIRING INDIA LTD632.3734.3321,707.6
SHYAM METALICS AND ENERGY LTD908.9222.3520,315.2
WELSPUN CORP LTD836.8324.4220,438.3
RATNAMANI METALS & TUBES LTD531.5333.0817,581.5
SARDA ENERGY & MINERALS LTD662.9226.0317,252.6

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs OIL COUNTRY TUBULAR 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -9.93x
Max industry PE 73.86x
Median industry PE 27.27x
Average industry PE 35.16x



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