ABAN OFFSHORE
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The Current P/S Ratio of ABAN OFFSHORE is 0.77.
Share Price | ₹62.7 | Nov 26,2024 |
Market Cap | ₹366.2 Cr | |
Sales-TTM | ₹475.4 Cr | TTM-Consolidated Results |
Price/Sales | 0.77x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of ABAN OFFSHORE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹366.2 Cr] as on Nov 26,2024
(/) Sales [ ₹475.4 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.77x ]
Thus, for ABAN OFFSHORE , the investors are currently willing to pay '0.77 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of ABAN OFFSHORE !
The chart below summarizes the trend in P/S Ratio of ABAN OFFSHORE over the last five years.
Historical PS (Price/Sales) ratio chart of ABAN OFFSHORE
PS Ratio Performance Analysis for ABAN OFFSHORE
- ABAN OFFSHORE 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.38x.
- ABAN OFFSHORE 's operated at median p/e ratio of 0.45x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ABAN OFFSHORE 's p/e ratio peaked in Mar2024 at 0.73x.
- ABAN OFFSHORE 's p/e ratio hit its five-year low in Mar2020 of 0.08x.
How does ABAN OFFSHORE 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?
Peer Comparison (Oil Exploration Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
ABAN OFFSHORE | 475.4 | 0.77 | 366.2 |
OIL & NATURAL GAS CORPORATION LTD | 657,246.0 | 0.49 | 319,854.0 |
OIL INDIA LTD | 38,565.2 | 2.12 | 81,940.4 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 699.6 | 3.56 | 2,491.5 |
JINDAL DRILLING & INDUSTRIES LTD | 724.5 | 3.18 | 2,305.3 |
ASIAN ENERGY SERVICES LTD | 371.5 | 3.83 | 1,420.9 |
SELAN EXPLORATION TECHNOLOGY LTD | 230.7 | 5.68 | 1,310.6 |
DEEP ENERGY RESOURCES LTD | 2.7 | 365.57 | 992.2 |
GUJARAT NATURAL RESOURCES LTD | 25.6 | 7.27 | 186.0 |
AAKASH EXPLORATION SERVICES LTD | 101.8 | 1.06 | 108.0 |
Oil Exploration Industry Benchmark (Top 10) PS Analysis vs ABAN OFFSHORE 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.49x |
Max industry PS | 365.57x |
Median industry PS | 3.56x |
Average industry PS | 39.35x |
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