Indian Oil Corporation Limited

BSE:530965 Stock Report

Market Cap: ₹1.8t

Indian Oil Valuation

Is 530965 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 530965 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 530965 (₹132.6) is trading above our estimate of fair value (₹93.29)

Significantly Below Fair Value: 530965 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 530965?

Key metric: As 530965 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 530965. This is calculated by dividing 530965's market cap by their current earnings.
What is 530965's PE Ratio?
PE Ratio10.4x
Earnings₹175.37b
Market Cap₹1.83t

Price to Earnings Ratio vs Peers

How does 530965's PE Ratio compare to its peers?

The above table shows the PE ratio for 530965 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.5x
BPCL Bharat Petroleum
9.5x3.5%₹1.2t
HINDPETRO Hindustan Petroleum
18.3x30.3%₹767.5b
500109 Mangalore Refinery and Petrochemicals
30.4x53.1%₹276.1b
RELIANCE Reliance Industries
23.7x13.9%₹16.1t
530965 Indian Oil
10.4x18.3%₹1.8t

Price-To-Earnings vs Peers: 530965 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the peer average (20.5x).

Price to Earnings Ratio vs Industry

How does 530965's PE Ratio compare vs other companies in the IN Oil and Gas Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
533704 Essar Shipping
1.7xn/aUS$102.62m
No more companies available in this PE range
530965 10.4xIndustry Avg. 19.9xNo. of Companies5PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 530965 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the Indian Oil and Gas industry average (20.6x).

Price to Earnings Ratio vs Fair Ratio

What is 530965's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

530965 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.4x
Fair PE Ratio16.9x

Price-To-Earnings vs Fair Ratio: 530965 is good value based on its Price-To-Earnings Ratio (10.4x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 530965 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹132.60
₹165.97
+25.2%
20.3%₹246.00₹100.00n/a31
Nov ’25₹145.00
₹167.74
+15.7%
20.0%₹246.00₹100.00n/a31
Oct ’25₹178.90
₹175.27
-2.0%
19.2%₹238.00₹110.00n/a30
Sep ’25₹176.95
₹173.37
-2.0%
18.9%₹238.00₹110.00n/a30
Aug ’25₹179.75
₹172.23
-4.2%
18.6%₹238.00₹110.00n/a30
Jul ’25₹167.70
₹162.35
-3.2%
19.6%₹213.00₹105.00n/a31
Jun ’25₹162.40
₹159.32
-1.9%
19.9%₹213.00₹105.00n/a31
May ’25₹168.95
₹155.71
-7.8%
20.3%₹213.00₹105.00n/a31
Apr ’25₹169.20
₹152.65
-9.8%
22.0%₹215.00₹85.00n/a31
Mar ’25₹169.70
₹146.53
-13.7%
23.8%₹215.00₹85.00n/a32
Feb ’25₹149.70
₹137.44
-8.2%
20.1%₹191.00₹85.00n/a32
Jan ’25₹130.35
₹110.00
-15.6%
14.9%₹149.00₹85.00n/a31
Dec ’24₹111.25
₹107.88
-3.0%
15.1%₹150.00₹85.00n/a32
Nov ’24₹92.54
₹104.47
+12.9%
14.7%₹150.00₹80.00₹145.0032
Oct ’24₹90.92
₹103.70
+14.1%
14.2%₹150.00₹80.00₹178.9030
Sep ’24₹89.08
₹104.35
+17.1%
14.9%₹150.00₹80.00₹176.9531
Aug ’24₹93.97
₹104.45
+11.2%
14.9%₹150.00₹80.00₹179.7531
Jul ’24₹91.25
₹100.38
+10.0%
15.4%₹150.00₹80.00₹167.7029
Jun ’24₹90.50
₹98.63
+9.0%
15.6%₹150.00₹80.00₹162.4030
May ’24₹81.37
₹91.21
+12.1%
19.3%₹150.00₹60.00₹168.9529
Apr ’24₹77.94
₹90.04
+15.5%
19.9%₹150.00₹60.00₹169.2028
Mar ’24₹76.97
₹89.25
+16.0%
19.4%₹150.00₹60.00₹169.7031
Feb ’24₹79.80
₹90.50
+13.4%
20.7%₹150.00₹60.00₹149.7030
Jan ’24₹76.50
₹87.67
+14.6%
24.9%₹150.00₹58.00₹130.3530
Dec ’23₹76.20
₹83.07
+9.0%
23.5%₹150.00₹50.00₹111.2530
Nov ’23₹68.50
₹83.76
+22.3%
24.0%₹150.00₹50.00₹92.5429

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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