Hindustan Petroleum Corporation Limited

NSEI:HINDPETRO Stock Report

Market Cap: ₹770.6b

Hindustan Petroleum Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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 HINDPETRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: HINDPETRO (₹360.1) is trading above our estimate of fair value (₹342.72)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for HINDPETRO. This is calculated by dividing HINDPETRO's market cap by their current earnings.
What is HINDPETRO's PE Ratio?
PE Ratio18.2x
Earnings₹41.99b
Market Cap₹770.59b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for HINDPETRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.9x
BPCL Bharat Petroleum
9.3x3.5%₹1.2t
IOC Indian Oil
10.3x18.3%₹1.8t
500109 Mangalore Refinery and Petrochemicals
28x53.1%₹259.1b
500110 Chennai Petroleum
11.8x-5.0%₹86.2b
HINDPETRO Hindustan Petroleum
18.2x30.3%₹770.6b

Price-To-Earnings vs Peers: HINDPETRO is expensive based on its Price-To-Earnings Ratio (18.2x) compared to the peer average (14.9x).


Price to Earnings Ratio vs Industry

How does HINDPETRO'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$93.12m
No more companies available in this PE range
HINDPETRO 18.2xIndustry Avg. 21.0xNo. of Companies4PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: HINDPETRO is good value based on its Price-To-Earnings Ratio (18.2x) compared to the Indian Oil and Gas industry average (21x).


Price to Earnings Ratio vs Fair Ratio

What is HINDPETRO'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.

HINDPETRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.2x
Fair PE Ratio19.2x

Price-To-Earnings vs Fair Ratio: HINDPETRO is good value based on its Price-To-Earnings Ratio (18.2x) compared to the estimated Fair Price-To-Earnings Ratio (19.2x).


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 HINDPETRO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹360.10
₹392.85
+9.1%
20.0%₹523.00₹200.00n/a31
Nov ’25₹381.00
₹392.53
+3.0%
19.9%₹523.00₹200.00n/a31
Oct ’25₹444.90
₹382.11
-14.1%
20.7%₹516.00₹190.00n/a31
Sep ’25₹419.05
₹375.69
-10.3%
20.5%₹506.00₹190.00n/a31
Aug ’25₹391.40
₹370.85
-5.3%
19.2%₹475.00₹190.00n/a31
Jul ’25₹331.30
₹333.44
+0.6%
19.4%₹433.33₹190.00n/a31
Jun ’25₹358.23
₹329.68
-8.0%
18.2%₹426.67₹190.00n/a31
May ’25₹330.27
₹324.60
-1.7%
18.9%₹428.67₹213.33n/a30
Apr ’25₹312.53
₹322.42
+3.2%
18.5%₹428.67₹200.00n/a30
Mar ’25₹344.77
₹304.84
-11.6%
19.2%₹420.00₹202.67n/a30
Feb ’25₹310.53
₹281.63
-9.3%
20.1%₹370.00₹189.33n/a31
Jan ’25₹266.40
₹231.16
-13.2%
20.2%₹366.67₹150.00n/a31
Dec ’24₹230.37
₹216.96
-5.8%
15.0%₹293.33₹150.00n/a32
Nov ’24₹167.97
₹197.87
+17.8%
15.0%₹274.67₹140.00₹381.0031
Oct ’24₹169.97
₹196.71
+15.7%
15.0%₹273.33₹140.00₹444.9032
Sep ’24₹166.83
₹198.27
+18.8%
14.8%₹273.33₹143.33₹419.0532
Aug ’24₹190.03
₹197.81
+4.1%
15.8%₹276.00₹136.67₹391.4031
Jul ’24₹182.57
₹194.80
+6.7%
15.9%₹273.33₹136.67₹331.3030
Jun ’24₹173.50
₹189.83
+9.4%
16.9%₹273.33₹136.67₹358.2332
May ’24₹167.50
₹173.74
+3.7%
21.3%₹273.33₹114.00₹330.2731
Apr ’24₹157.87
₹174.44
+10.5%
22.0%₹273.33₹114.00₹312.5330
Mar ’24₹143.47
₹173.60
+21.0%
21.2%₹273.33₹114.00₹344.7732
Feb ’24₹156.97
₹174.37
+11.1%
22.7%₹273.33₹106.67₹310.5331
Jan ’24₹156.77
₹171.03
+9.1%
24.3%₹273.33₹106.67₹266.4031
Dec ’23₹157.63
₹164.38
+4.3%
23.3%₹273.33₹106.67₹230.3730
Nov ’23₹141.40
₹178.38
+26.2%
19.7%₹273.33₹110.00₹167.9728

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies