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SELAN EXPLORATION TECHNOLOGY
PE (Price/Earnings) Ratio

The Current P/E Ratio of SELAN EXPLORATION TECHNOLOGY is 16.89.

Share Price ₹642.8Jan 29,2025
Market Cap ₹977.0 Cr
Earnings-TTM₹57.8 CrTTM-Standalone Results
Price/Earnings16.89xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of SELAN EXPLORATION TECHNOLOGY

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 SELAN EXPLORATION TECHNOLOGY is calculated as :

Current Market Cap [ ₹977.0 Cr] as on Jan 29,2025

(/) Earnings [ ₹57.8 Cr] based on TTM-Standalone Results

(=) P/E Ratio [ 16.89x ]

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

Thus, for SELAN EXPLORATION TECHNOLOGY , the investors are currently willing to pay 16.89 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 SELAN EXPLORATION TECHNOLOGY !

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 SELAN EXPLORATION TECHNOLOGY over the last five years.

Historical PE (Price/Earnings) ratio chart of SELAN EXPLORATION TECHNOLOGY


PE Ratio Performance Analysis for SELAN EXPLORATION TECHNOLOGY

- SELAN EXPLORATION TECHNOLOGY 's latest p/e ratio is 16.89x.

- SELAN EXPLORATION TECHNOLOGY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 19.84x.

- SELAN EXPLORATION TECHNOLOGY 's operated at median p/e ratio of 20.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, SELAN EXPLORATION TECHNOLOGY 's p/e ratio peaked in Mar2021 at 32.63x.

- SELAN EXPLORATION TECHNOLOGY 's p/e ratio hit its five-year low in Mar2020 of 4.59x.


How does SELAN EXPLORATION TECHNOLOGY 's P/E Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Earnings-TTM (Cr)PE RatioMarket Cap
SELAN EXPLORATION TECHNOLOGY 57.8316.89977.0
OIL & NATURAL GAS CORPORATION LTD40,937.907.72315,954.0
OIL INDIA LTD8,260.908.0366,308.7
HINDUSTAN OIL EXPLORATION COMPANY LTD168.6515.492,612.5
JINDAL DRILLING & INDUSTRIES LTD119.3520.102,398.6
ASIAN ENERGY SERVICES LTD36.4837.471,367.0
DEEP ENERGY RESOURCES LTD-1.61-617.78992.2
ABAN OFFSHORE LTD-1,018.24-0.24242.3
GUJARAT NATURAL RESOURCES LTD-1.73-131.89228.3
AAKASH EXPLORATION SERVICES LTD5.0719.91101.0

Oil Exploration Industry Benchmark (Top 10) PE Analysis vs SELAN EXPLORATION TECHNOLOGY 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -617.78x
Max industry PE 37.47x
Median industry PE 15.49x
Average industry PE -62.43x



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