OIL & NATURAL GAS CORPORATION
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The Current P/S Ratio of OIL & NATURAL GAS CORPORATION is 0.46.
Share Price | ₹242.2 | Nov 21,2024 |
Market Cap | ₹304,694.9 Cr | |
Sales-TTM | ₹657,246.0 Cr | TTM-Consolidated Results |
Price/Sales | 0.46x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of OIL & NATURAL GAS CORPORATION
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹304,694.9 Cr] as on Nov 21,2024
(/) Sales [ ₹657,246.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 0.46x ]
Thus, for OIL & NATURAL GAS CORPORATION , the investors are currently willing to pay '0.46 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 OIL & NATURAL GAS CORPORATION !
The chart below summarizes the trend in P/S Ratio of OIL & NATURAL GAS CORPORATION over the last five years.
Historical PS (Price/Sales) ratio chart of OIL & NATURAL GAS CORPORATION
PS Ratio Performance Analysis for OIL & NATURAL GAS CORPORATION
- OIL & NATURAL GAS CORPORATION 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.39x.
- OIL & NATURAL GAS CORPORATION 's operated at median p/e ratio of 0.42x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, OIL & NATURAL GAS CORPORATION 's p/e ratio peaked in Mar2024 at 0.57x.
- OIL & NATURAL GAS CORPORATION 's p/e ratio hit its five-year low in Mar2020 of 0.22x.
How does OIL & NATURAL GAS CORPORATION '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) |
---|---|---|---|
OIL & NATURAL GAS CORPORATION | 657,246.0 | 0.46 | 304,694.9 |
OIL INDIA LTD | 38,565.2 | 2.05 | 79,077.5 |
HINDUSTAN OIL EXPLORATION COMPANY LTD | 699.6 | 3.51 | 2,453.1 |
JINDAL DRILLING & INDUSTRIES LTD | 724.5 | 2.93 | 2,122.4 |
ASIAN ENERGY SERVICES LTD | 371.5 | 3.94 | 1,462.1 |
SELAN EXPLORATION TECHNOLOGY LTD | 230.7 | 5.53 | 1,275.8 |
DEEP ENERGY RESOURCES LTD | 2.7 | 365.57 | 992.2 |
ABAN OFFSHORE LTD | 475.4 | 0.75 | 356.3 |
GUJARAT NATURAL RESOURCES LTD | 25.6 | 8.10 | 207.5 |
AAKASH EXPLORATION SERVICES LTD | 101.8 | 1.04 | 106.1 |
Oil Exploration Industry Benchmark (Top 10) PS Analysis vs OIL & NATURAL GAS CORPORATION 's P/S Ratio
Top 10 Industry Peers | PS 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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