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Indian Oil (NSE:IOC) PS Ratio : 0.41 (As of May. 01, 2024)


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What is Indian Oil PS Ratio?

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Indian Oil's share price is ₹168.85. Indian Oil's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹414.83. Hence, Indian Oil's PS Ratio for today is 0.41.

Warning Sign:

Indian Oil Corp Ltd stock PS Ratio (=0.41) is close to 5-year high of 0.45

The historical rank and industry rank for Indian Oil's PS Ratio or its related term are showing as below:

NSE:IOC' s PS Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.36   Max: 4.42
Current: 0.41

During the past 13 years, Indian Oil's highest PS Ratio was 4.42. The lowest was 0.10. And the median was 0.36.

NSE:IOC's PS Ratio is ranked better than
76.05% of 948 companies
in the Oil & Gas industry
Industry Median: 1.16 vs NSE:IOC: 0.41

Indian Oil's Revenue per Sharefor the three months ended in Dec. 2023 was ₹145.23. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₹414.83.

Warning Sign:

Indian Oil Corp Ltd revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Indian Oil was -11.00% per year. During the past 3 years, the average Revenue per Share Growth Rate was 20.00% per year. During the past 5 years, the average Revenue per Share Growth Rate was 11.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was 5.50% per year.

During the past 13 years, Indian Oil's highest 3-Year average Revenue per Share Growth Rate was 20.30% per year. The lowest was -7.20% per year. And the median was 13.10% per year.

Back to Basics: PS Ratio


Indian Oil PS Ratio Historical Data

The historical data trend for Indian Oil's PS 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.

Indian Oil PS Ratio Chart

Indian Oil Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.16 0.23 0.19 0.13

Indian Oil Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
PS 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 0.11 0.11 0.13 0.22 0.31

Competitive Comparison of Indian Oil's PS Ratio

For the Oil & Gas Refining & Marketing subindustry, Indian Oil's PS Ratio, along with its competitors' market caps and PS 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.


Indian Oil's PS Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Indian Oil's PS Ratio falls into.



Indian Oil PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

Indian Oil's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=168.85/414.831
=0.41

Indian Oil's Share Price of today is ₹168.85.
Indian Oil's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹414.83.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.


Indian Oil  (NSE:IOC) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


Indian Oil PS Ratio Related Terms

Thank you for viewing the detailed overview of Indian Oil's PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Indian Oil (NSE:IOC) Business Description

Traded in Other Exchanges
Address
J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110 049
Indian Oil Corp Ltd conducts business across the energy value chain as India's national oil company. The Petroleum Products business generates the majority of the group's revenue. Indian Oil pursues exploration and production opportunities both domestically and internationally. Sale of Petrochemicals , Other operating segment of the Corporation comprises; Gas, Oil & Gas Exploration Activities, Explosives & Cryogenic Business and Wind Mill & Solar Power Generation. A network of pipelines in India not only transport oil from company fields but also to and from its refineries. The pipeline network spans across India and can move various petroleum products. The firm's refinery operations include a host of technologies for processing oil and gas to meet the needs of a diverse client base.

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