GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Oil & Natural Gas Corp Ltd (BOM:500312) » Definitions » Shiller PE Ratio

Oil & Natural Gas (BOM:500312) Shiller PE Ratio : 11.81 (As of May. 02, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Oil & Natural Gas Shiller PE Ratio?

As of today (2024-05-02), Oil & Natural Gas's current share price is ₹282.85. Oil & Natural Gas's E10 for the fiscal year that ended in Mar23 was ₹23.94. Oil & Natural Gas's Shiller PE Ratio for today is 11.81.

The historical rank and industry rank for Oil & Natural Gas's Shiller PE Ratio or its related term are showing as below:

BOM:500312' s Shiller PE Ratio Range Over the Past 10 Years
Min: 2.96   Med: 6.46   Max: 11.82
Current: 11.82

During the past 13 years, Oil & Natural Gas's highest Shiller PE Ratio was 11.82. The lowest was 2.96. And the median was 6.46.

BOM:500312's Shiller PE Ratio is ranked better than
69.06% of 417 companies
in the Oil & Gas industry
Industry Median: 17.93 vs BOM:500312: 11.82

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Oil & Natural Gas's adjusted earnings per share data of for the fiscal year that ended in Mar23 was ₹28.170. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹23.94 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Oil & Natural Gas Shiller PE Ratio Historical Data

The historical data trend for Oil & Natural Gas's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Oil & Natural Gas Shiller PE Ratio Chart

Oil & Natural Gas Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.76 2.99 4.61 7.12 6.31

Oil & Natural Gas Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 6.31 - - -

Competitive Comparison of Oil & Natural Gas's Shiller PE Ratio

For the Oil & Gas Integrated subindustry, Oil & Natural Gas's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Oil & Natural Gas's Shiller PE Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Oil & Natural Gas's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Oil & Natural Gas's Shiller PE Ratio falls into.



Oil & Natural Gas Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Oil & Natural Gas's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=282.85/23.94
=11.81

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Oil & Natural Gas's E10 for the fiscal year that ended in Mar23 is calculated as:

For example, Oil & Natural Gas's adjusted earnings per share data for the fiscal year that ended in Mar23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar23 (Change)*Current CPI (Mar23)
=28.17/146.8646*146.8646
=28.170

Current CPI (Mar23) = 146.8646.

Oil & Natural Gas Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 20.653 91.425 33.177
201503 14.287 97.163 21.595
201603 10.030 102.518 14.369
201703 19.030 105.196 26.568
201803 17.230 109.786 23.049
201903 23.850 118.202 29.633
202003 8.590 124.705 10.116
202103 12.920 131.771 14.400
202203 36.190 138.822 38.287
202303 28.170 146.865 28.170

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Oil & Natural Gas  (BOM:500312) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Oil & Natural Gas Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Oil & Natural Gas's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Oil & Natural Gas (BOM:500312) Business Description

Traded in Other Exchanges
Address
Plot No. 5A-5B, Nelson Mandela Road, Deendayal Urja Bhawan, Vasant Kunj, New Delhi, IND, 110070
Oil & Natural Gas Corp Ltd is an Indian-based company. It engages in the exploration, development, and production of oil and natural gas. The company operates onshore and offshore fields globally through joint ventures and partnerships. Crude oil production has been the lead revenue generator, with Russian assets providing the most production. Apart from the exploration and production operations, it engages in the transportation and refining of hydrocarbon products. Oil and Natural Gas Corp carries out its business as a public sector undertaking for the Government of India.

Oil & Natural Gas (BOM:500312) Headlines

No Headlines