P/E ratio for Oil & Natural Gas (ONGC.NS)
P/E ratio as of July 2025 (TTM): 7.73
According to Oil & Natural Gas 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.72772. At the end of 2024 the company had a P/E ratio of 6.90.
P/E ratio history for Oil & Natural Gas from 2019 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 6.90 | 34.76% |
| 2023 | 5.12 | 14.34% |
| 2022 | 4.48 | -44.12% |
| 2021 | 8.01 | 8.62% |
| 2020 | 7.37 | 11.85% |
| 2019 | 6.59 | -36.87% |
| 2018 | 10.4 | 8.07% |
| 2017 | 9.66 | -33.28% |
| 2016 | 14.5 | -1.53% |
| 2015 | 14.7 | 40.72% |
| 2014 | 10.5 | -4.2% |
| 2013 | 10.9 | 33.75% |
| 2012 | 8.16 | -24.18% |
| 2011 | 10.8 | -11.06% |
| 2010 | 12.1 | -76.16% |
| 2009 | 50.7 | -22.09% |
| 2008 | 65.1 | 2.35% |
| 2007 | 63.6 | 381.43% |
| 2006 | 13.2 | 39.95% |
| 2005 | 9.44 | -26.05% |
| 2004 | 12.8 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.