There's No Escaping Indian Oil Corporation Limited's (NSE:IOC) Muted Earnings
Dec 06
Have your own idea? Try our Stock Screener
Indian (NIFTY) Oil and Gas Refining and Marketing Industry Analysis
UpdatedDec 21, 2024
DataAggregated Company Financials
Companies13
- 7D-5.1%
- 3M-17.9%
- 1Y-0.9%
- YTDn/a
Over the last 7 days, the Oil and Gas Refining and Marketing industry has dropped 5.1%, driven by a pullback from Reliance Industries of 5.3%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 15% per annum.
Industry Valuation and Performance
Has the Indian Oil and Gas Refining and Marketing Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 21 Dec 2024 | ₹19.7t | ₹27.4t | ₹1.0t | 25x | 18.8x | 0.7x |
| Mon, 18 Nov 2024 | ₹20.4t | ₹27.4t | ₹1.0t | 21.3x | 19.6x | 0.7x |
| Wed, 16 Oct 2024 | ₹23.4t | ₹27.5t | ₹1.3t | 12.3x | 17.6x | 0.9x |
| Fri, 13 Sep 2024 | ₹25.3t | ₹27.4t | ₹1.3t | 13.9x | 18.9x | 0.9x |
| Sun, 11 Aug 2024 | ₹25.0t | ₹27.4t | ₹1.3t | 13.2x | 18.7x | 0.9x |
| Tue, 09 Jul 2024 | ₹26.6t | ₹27.2t | ₹1.6t | 11.8x | 16.5x | 1x |
| Thu, 06 Jun 2024 | ₹23.9t | ₹27.2t | ₹1.6t | 9.7x | 14.9x | 0.9x |
| Sat, 04 May 2024 | ₹24.5t | ₹27.1t | ₹1.6t | 12x | 14.9x | 0.9x |
| Mon, 01 Apr 2024 | ₹23.7t | ₹26.9t | ₹1.7t | 8.8x | 13.9x | 0.9x |
| Wed, 28 Feb 2024 | ₹23.9t | ₹26.9t | ₹1.7t | 9.4x | 14.1x | 0.9x |
| Fri, 26 Jan 2024 | ₹21.3t | ₹26.9t | ₹1.7t | 7x | 12.6x | 0.8x |
| Sun, 24 Dec 2023 | ₹19.8t | ₹26.9t | ₹1.6t | 6x | 12.6x | 0.7x |
| Tue, 21 Nov 2023 | ₹17.9t | ₹26.9t | ₹1.6t | 5.4x | 11.4x | 0.7x |
| Thu, 19 Oct 2023 | ₹17.4t | ₹27.5t | ₹1.2t | 17.8x | 14.6x | 0.6x |
| Sat, 16 Sep 2023 | ₹18.3t | ₹27.5t | ₹1.2t | 12.4x | 15.3x | 0.7x |
| Mon, 14 Aug 2023 | ₹18.9t | ₹27.5t | ₹1.2t | 11.9x | 15.8x | 0.7x |
| Wed, 12 Jul 2023 | ₹20.4t | ₹28.2t | ₹778.7b | 20.1x | 26.2x | 0.7x |
| Fri, 09 Jun 2023 | ₹18.5t | ₹28.2t | ₹778.7b | 18.2x | 23.7x | 0.7x |
| Sun, 07 May 2023 | ₹18.0t | ₹27.7t | ₹683.3b | 18.5x | 26.3x | 0.6x |
| Tue, 04 Apr 2023 | ₹17.1t | ₹27.6t | ₹663.2b | 17.4x | 25.7x | 0.6x |
| Thu, 02 Mar 2023 | ₹17.1t | ₹27.6t | ₹663.2b | 17.2x | 25.8x | 0.6x |
| Sat, 28 Jan 2023 | ₹17.2t | ₹26.8t | ₹744.0b | 9.7x | 23.1x | 0.6x |
| Mon, 26 Dec 2022 | ₹18.1t | ₹26.4t | ₹744.1b | 8.7x | 24.3x | 0.7x |
| Wed, 23 Nov 2022 | ₹18.4t | ₹26.4t | ₹744.1b | 8.4x | 24.7x | 0.7x |
| Fri, 21 Oct 2022 | ₹17.9t | ₹24.2t | ₹909.2b | 16.3x | 19.7x | 0.7x |
| Sun, 18 Sep 2022 | ₹18.0t | ₹24.2t | ₹909.2b | 16.8x | 19.8x | 0.7x |
| Tue, 16 Aug 2022 | ₹19.0t | ₹24.2t | ₹909.2b | 17x | 20.9x | 0.8x |
| Thu, 14 Jul 2022 | ₹18.2t | ₹21.0t | ₹1.1t | 5.8x | 17.1x | 0.9x |
| Sat, 11 Jun 2022 | ₹19.6t | ₹21.0t | ₹1.1t | 7.1x | 18.5x | 0.9x |
| Mon, 09 May 2022 | ₹20.2t | ₹19.3t | ₹1.1t | 16.9x | 18.3x | 1x |
| Wed, 06 Apr 2022 | ₹19.1t | ₹19.2t | ₹1.1t | 16.7x | 17.4x | 1x |
| Fri, 04 Mar 2022 | ₹17.4t | ₹19.2t | ₹1.1t | 16.6x | 15.8x | 0.9x |
| Sun, 30 Jan 2022 | ₹17.4t | ₹17.8t | ₹1.1t | 10.9x | 16.1x | 1x |
| Tue, 28 Dec 2021 | ₹17.4t | ₹17.1t | ₹1.0t | 16.4x | 16.7x | 1x |
Price to Earnings Ratio
16.7x
Current Industry PE
- Investors are relatively neutral on the Indian Oil and Gas Refining and Marketing industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 18.6x.
- The industry is trading close to its 3-year average PS ratio of 0.80x.
Past Earnings Growth
- The earnings for companies in the Oil and Gas Refining and Marketing industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 17% 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 and as a result, profits have held steady.
Industry Comparison
How does Indian Oil and Gas Refining and Marketing compare with similar industries?
| IN Market | -4.25% | |
| Energy | -5.31% | |
| Oil and Gas | -5.33% | |
| Oil and Gas Refining and Marketing | -5.11% | |
| Oil and Gas Storage and Transportation | -0.026% | |
| Integrated Oil and Gas | -6.75% | |
| Oil and Gas Exploration and Production | -6.88% | |
| Coal and Fuels | -6.97% | |
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 | |
|---|---|---|---|---|---|
| 500110 Chennai Petroleum | ₹594.20 | 0.2% +₹178.7m | -13.9% | PE12.3x | |
| 532435 Sanmit Infra | ₹12.94 | 6.1% +₹116.9m | -79.1% | PE80.8x |