Home > PS Ratio > ABAN OFFSHORE

ABAN OFFSHORE
PS (Price/Sales) Ratio

The Current P/S Ratio of ABAN OFFSHORE is 0.77.

Share Price ₹62.7Nov 26,2024
Market Cap ₹366.2 Cr
Sales-TTM₹475.4 CrTTM-Consolidated Results
Price/Sales0.77xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for ABAN OFFSHORE
Please provide your vote to see the results
ABAN OFFSHORE is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of ABAN OFFSHORE

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of ABAN OFFSHORE is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 0.77x.

- 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 RatioMarket Cap (Cr)
ABAN OFFSHORE 475.40.77366.2
OIL & NATURAL GAS CORPORATION LTD657,246.00.49319,854.0
OIL INDIA LTD38,565.22.1281,940.4
HINDUSTAN OIL EXPLORATION COMPANY LTD699.63.562,491.5
JINDAL DRILLING & INDUSTRIES LTD724.53.182,305.3
ASIAN ENERGY SERVICES LTD371.53.831,420.9
SELAN EXPLORATION TECHNOLOGY LTD230.75.681,310.6
DEEP ENERGY RESOURCES LTD2.7365.57992.2
GUJARAT NATURAL RESOURCES LTD25.67.27186.0
AAKASH EXPLORATION SERVICES LTD101.81.06108.0

Oil Exploration Industry Benchmark (Top 10) PS Analysis vs ABAN OFFSHORE 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.49x
Max industry PS 365.57x
Median industry PS 3.56x
Average industry PS 39.35x



You may also like the below Video Courses