Calculating The Intrinsic Value Of Oil Country Tubular Limited (NSE:OILCOUNTUB)
Dec 03
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Indian (NIFTY) Oil and Gas Services Industry Analysis
UpdatedDec 24, 2025
DataAggregated Company Financials
Companies14
- 7D2.4%
- 3M-6.9%
- 1Y-24.3%
- YTDn/a
The Oil and Gas Services industry is up 2.4% in the last week, with Dolphin Offshore Enterprises (India) up 7.7%. In contrast, the industry has lost 24% in the last 12 months. As for the next few years, earnings are expected to grow by 58% per annum.
Industry Valuation and Performance
Has the Indian Oil and Gas Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Dec 2025 | ₹110.7b | ₹34.2b | ₹1.9b | 28.3x | 57.9x | 3.2x |
| Sat, 22 Nov 2025 | ₹107.6b | ₹34.2b | ₹1.9b | 26.2x | 55.6x | 3.1x |
| Mon, 20 Oct 2025 | ₹111.5b | ₹33.5b | ₹2.2b | 26.7x | 49.9x | 3.3x |
| Wed, 17 Sep 2025 | ₹119.0b | ₹32.3b | ₹2.2b | 23.3x | 55.1x | 3.7x |
| Fri, 15 Aug 2025 | ₹118.8b | ₹37.7b | ₹2.1b | 20.8x | 56x | 3.1x |
| Sun, 13 Jul 2025 | ₹116.1b | ₹36.8b | ₹1.7b | 23.9x | 66.6x | 3.2x |
| Tue, 10 Jun 2025 | ₹113.6b | ₹36.6b | ₹1.7b | 24.8x | 65.4x | 3.1x |
| Thu, 08 May 2025 | ₹106.8b | ₹30.9b | ₹2.3b | 23.5x | 46x | 3.5x |
| Sat, 05 Apr 2025 | ₹109.9b | ₹29.9b | ₹4.7b | 23.3x | 23.5x | 3.7x |
| Mon, 03 Mar 2025 | ₹100.7b | ₹29.9b | ₹4.7b | 23.9x | 21.5x | 3.4x |
| Wed, 29 Jan 2025 | ₹125.4b | ₹35.4b | ₹5.0b | 21.3x | 24.9x | 3.5x |
| Fri, 27 Dec 2024 | ₹145.6b | ₹35.1b | ₹4.9b | 23.5x | 29.8x | 4.1x |
| Sun, 24 Nov 2024 | ₹145.6b | ₹35.3b | ₹4.9b | 23.2x | 29.8x | 4.1x |
| Tue, 22 Oct 2024 | ₹151.6b | ₹27.6b | ₹4.4b | 34.6x | 34.8x | 5.5x |
| Thu, 19 Sep 2024 | ₹157.5b | ₹25.4b | ₹4.0b | 40.2x | 38.9x | 6.2x |
| Sat, 17 Aug 2024 | ₹141.2b | ₹30.7b | ₹3.9b | 36.5x | 36.1x | 4.6x |
| Mon, 15 Jul 2024 | ₹143.8b | ₹28.8b | ₹3.3b | 51.6x | 43.1x | 5x |
| Wed, 12 Jun 2024 | ₹129.7b | ₹28.6b | ₹3.3b | 44.2x | 39.1x | 4.5x |
| Fri, 10 May 2024 | ₹115.9b | ₹21.4b | ₹8.3b | 42.9x | 13.9x | 5.4x |
| Sun, 07 Apr 2024 | ₹101.5b | ₹20.5b | ₹8.1b | 28.7x | 12.5x | 5x |
| Tue, 05 Mar 2024 | ₹97.4b | ₹20.0b | ₹8.0b | 28x | 12.1x | 4.9x |
| Thu, 01 Feb 2024 | ₹96.2b | ₹22.6b | ₹5.7b | 42.4x | 16.8x | 4.3x |
| Sat, 30 Dec 2023 | ₹89.2b | ₹21.9b | ₹5.5b | 27x | 16.3x | 4.1x |
| Mon, 27 Nov 2023 | ₹78.4b | ₹21.9b | ₹5.5b | 18.2x | 14.3x | 3.6x |
| Wed, 25 Oct 2023 | ₹67.9b | ₹17.0b | ₹6.9b | 19.1x | 9.8x | 4x |
| Fri, 22 Sep 2023 | ₹66.6b | ₹17.0b | ₹6.9b | 16.5x | 9.7x | 3.9x |
| Sun, 20 Aug 2023 | ₹62.6b | ₹16.9b | ₹6.5b | 16.2x | 9.6x | 3.7x |
| Tue, 18 Jul 2023 | ₹64.4b | ₹20.3b | ₹6.1b | 14x | 10.6x | 3.2x |
| Thu, 15 Jun 2023 | ₹56.1b | ₹19.9b | ₹6.2b | 13.6x | 9.1x | 2.8x |
| Sat, 13 May 2023 | ₹55.1b | ₹15.4b | ₹2.0b | 20.4x | 28.2x | 3.6x |
| Mon, 10 Apr 2023 | ₹48.6b | ₹15.4b | ₹2.0b | 17.1x | 24.9x | 3.2x |
| Wed, 08 Mar 2023 | ₹46.9b | ₹15.4b | ₹2.0b | 16.4x | 24x | 3.1x |
| Fri, 03 Feb 2023 | ₹51.0b | ₹19.5b | ₹2.2b | 17.7x | 23.6x | 2.6x |
| Sun, 01 Jan 2023 | ₹56.1b | ₹19.5b | ₹2.2b | 20.8x | 25.9x | 2.9x |
Price to Earnings Ratio
25.9x
Current Industry PE
- Investors are optimistic on the Indian Oil and Gas Equipment and Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 57.9x which is higher than its 3-year average PE of 29.8x.
- The 3-year average PS ratio of 3.9x is higher than the industry's current PS ratio of 3.2x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Equipment and Services industry have declined 4.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 21% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Oil and Gas Services compare with similar industries?
| IN Market | 1.42% | |
| Energy | 1.59% | |
| Energy Services | 3.29% | |
| Oil and Gas Services | 2.41% | |
| Oil and Gas Drilling | 9.66% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 522261 Dolphin Offshore Enterprises (India) | ₹443.65 | 7.7% +₹1.3b | -18.5% | PE33.5x | |
| LIKHITHA Likhitha Infrastructure | ₹200.74 | 10.4% +₹748.4m | -43.5% | PE13.1x | |
| 530355 Asian Energy Services | ₹294.05 | 4.5% +₹563.3m | -21.5% | PE40.4x | |
| 526807 Seamec | ₹1.03k | 1.8% +₹451.3m | -7.9% | PE29.7x | |
| 544498 Oval Projects Engineering | ₹62.40 | 24.6% +₹255.5m | n/a | PE11.3x |
