SAVITA OIL TECHNOLOGIES
|
The Current P/E Ratio of SAVITA OIL TECHNOLOGIES is 19.37.
Share Price | ₹477.4 | Nov 21,2024 |
Market Cap | ₹3,275.0 Cr | |
Earnings-TTM | ₹169.0 Cr | TTM-Consolidated Results |
Price/Earnings | 19.37x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SAVITA OIL TECHNOLOGIES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹3,275.0 Cr] as on Nov 21,2024
(/) Earnings [ ₹169.0 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.37x ]
Thus, for SAVITA OIL TECHNOLOGIES , the investors are currently willing to pay 19.37 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 SAVITA OIL TECHNOLOGIES !
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 SAVITA OIL TECHNOLOGIES over the last five years.
Historical PE (Price/Earnings) ratio chart of SAVITA OIL TECHNOLOGIES
PE Ratio Performance Analysis for SAVITA OIL TECHNOLOGIES
- SAVITA OIL TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2009 averaged 5.49x.
- SAVITA OIL TECHNOLOGIES 's operated at median p/e ratio of 2.06x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, SAVITA OIL TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 15.84x.
- SAVITA OIL TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2022 of 1.11x.
How does SAVITA OIL TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Lubricants Industry?
Peer Comparison (Lubricants Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
SAVITA OIL TECHNOLOGIES | 169.04 | 19.37 | 3,275.0 |
CASTROL INDIA LTD | 897.78 | 20.51 | 18,417.5 |
GULF OIL LUBRICANTS INDIA LTD | 333.68 | 15.29 | 5,103.3 |
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 SAVITA OIL TECHNOLOGIES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.57x |
Max industry PE | 23.27x |
Median industry PE | 19.37x |
Average industry PE | 16.79x |
You may also like the below Video Courses