SELAN EXPLORATION TECHNOLOGY
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The Current P/E Ratio of SELAN EXPLORATION TECHNOLOGY is 16.89.
Share Price | ₹642.8 | Jan 29,2025 |
Market Cap | ₹977.0 Cr | |
Earnings-TTM | ₹57.8 Cr | TTM-Standalone Results |
Price/Earnings | 16.89x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of SELAN EXPLORATION TECHNOLOGY
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
SELAN EXPLORATION TECHNOLOGY | 57.83 | 16.89 | 977.0 |
OIL & NATURAL GAS CORPORATION LTD | 40,937.90 | 7.72 | 315,954.0 |
OIL INDIA LTD | 8,260.90 | 8.03 | 66,308.7 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 168.65 | 15.49 | 2,612.5 |
JINDAL DRILLING & INDUSTRIES LTD | 119.35 | 20.10 | 2,398.6 |
ASIAN ENERGY SERVICES LTD | 36.48 | 37.47 | 1,367.0 |
DEEP ENERGY RESOURCES LTD | -1.61 | -617.78 | 992.2 |
ABAN OFFSHORE LTD | -1,018.24 | -0.24 | 242.3 |
GUJARAT NATURAL RESOURCES LTD | -1.73 | -131.89 | 228.3 |
AAKASH EXPLORATION SERVICES LTD | 5.07 | 19.91 | 101.0 |
Oil Exploration Industry Benchmark (Top 10) PE Analysis vs SELAN EXPLORATION TECHNOLOGY 's P/E Ratio
Top 10 Industry Peers | PE 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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