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HINDUSTAN OIL EXPLORATION COMPANY
PS (Price/Sales) Ratio

The Current P/S Ratio of HINDUSTAN OIL EXPLORATION COMPANY is 3.51.

Share Price ₹185.5Nov 21,2024
Market Cap ₹2,452.3 Cr
Sales-TTM₹699.6 CrTTM-Consolidated Results
Price/Sales3.51xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of HINDUSTAN OIL EXPLORATION COMPANY

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 HINDUSTAN OIL EXPLORATION COMPANY is calculated as :

Current Market Cap [ ₹2,452.3 Cr] as on Nov 21,2024

(/) Sales [ ₹699.6 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 3.51x ]

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

Thus, for HINDUSTAN OIL EXPLORATION COMPANY , the investors are currently willing to pay '3.51 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 HINDUSTAN OIL EXPLORATION COMPANY !

The chart below summarizes the trend in P/S Ratio of HINDUSTAN OIL EXPLORATION COMPANY over the last five years.

Historical PS (Price/Sales) ratio chart of HINDUSTAN OIL EXPLORATION COMPANY


PS Ratio Performance Analysis for HINDUSTAN OIL EXPLORATION COMPANY

- HINDUSTAN OIL EXPLORATION COMPANY 's latest p/e ratio is 3.51x.

- HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.62x.

- HINDUSTAN OIL EXPLORATION COMPANY 's operated at median p/e ratio of 3.13x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio peaked in Mar2022 at 18.67x.

- HINDUSTAN OIL EXPLORATION COMPANY 's p/e ratio hit its five-year low in Mar2020 of 2.24x.


How does HINDUSTAN OIL EXPLORATION COMPANY 's P/S Ratio benchmark against top 10 peers in Oil Exploration Industry?

Peer Comparison (Oil Exploration Industry)Sales (Cr)PS RatioMarket Cap (Cr)
HINDUSTAN OIL EXPLORATION COMPANY 699.63.512,452.3
OIL & NATURAL GAS CORPORATION LTD657,246.00.46304,694.0
OIL INDIA LTD38,565.22.0579,077.5
JINDAL DRILLING & INDUSTRIES LTD724.52.932,122.4
ASIAN ENERGY SERVICES LTD371.53.941,462.1
SELAN EXPLORATION TECHNOLOGY LTD230.75.531,275.8
DEEP ENERGY RESOURCES LTD2.7365.57992.2
ABAN OFFSHORE LTD475.40.75356.3
GUJARAT NATURAL RESOURCES LTD25.68.10207.5
AAKASH EXPLORATION SERVICES LTD101.81.04106.1

Oil Exploration Industry Benchmark (Top 10) PS Analysis vs HINDUSTAN OIL EXPLORATION COMPANY 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.46x
Max industry PS 365.57x
Median industry PS 3.51x
Average industry PS 39.39x



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