OIL COUNTRY TUBULAR
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The Current P/E Ratio of OIL COUNTRY TUBULAR is -9.93.
Share Price | ₹74.7 | Feb 21,2025 |
Market Cap | ₹357.1 Cr | |
Earnings-TTM | ₹-36.0 Cr | TTM-Standalone Results |
Price/Earnings | -9.93x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of OIL COUNTRY TUBULAR
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
OIL COUNTRY TUBULAR | -35.96 | -9.93 | 357.1 |
JSW STEEL LTD | 3,478.00 | 69.02 | 240,046.0 |
TATA STEEL LTD | 2,376.45 | 73.86 | 175,517.0 |
JINDAL STAINLESS LTD | 2,426.03 | 21.22 | 51,477.4 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 27.27 | 46,571.7 |
APL APOLLO TUBES LTD | 634.39 | 65.12 | 41,312.3 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 34.33 | 21,707.6 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 22.35 | 20,315.2 |
WELSPUN CORP LTD | 836.83 | 24.42 | 20,438.3 |
RATNAMANI METALS & TUBES LTD | 531.53 | 33.08 | 17,581.5 |
SARDA ENERGY & MINERALS LTD | 662.92 | 26.03 | 17,252.6 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs OIL COUNTRY TUBULAR 's P/E Ratio
Top 10 Industry Peers | PE 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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