ONGCOil Exploration & Production

Oil & Natural Gas Corporation Ltd โ€” PE Ratio & Valuation Analysis

โ‚น284.65
+4.35%
Current P/E8.41xPrice to earnings
Industry P/E18.47xSector average
4Y Avg P/E6.4x31.9% above avg
โœ…
54.5% Discount to Industry
ONGC P/E 8.41x vs sector avg 18.47x
๐Ÿ“Š

Historical PE Ratio

20258.3x20246.1x20237.0x20224.1x
YearEPS (โ‚น)Year-end PricePE Ratio
2025โ‚น28.80โ‚น2408.3x
2024โ‚น39.06โ‚น2396.1x
2023โ‚น29.18โ‚น2057x
2022โ‚น36.19โ‚น1474.1x

PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.

๐Ÿ’ก

Understanding Oil & Natural Gas Corporation Ltd Valuation

Oil & Natural Gas Corporation Ltd (ONGC) currently trades at 8.41x earnings. The Oil Exploration & Production sector average PE is 18.47x. ONGC is trading at a discount to peers โ€” may indicate relative value. Historically, ONGC has traded at an average PE of 6.4x โ€” it is currently above that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only โ€” not investment advice.

ROE
10.63%
Dividend Yield
5.00%

Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.