P/E ratio for Hindustan Oil Exploration Company (HINDOILEXP.NS)
P/E ratio as of July 2025 (TTM): 14.9
According to Hindustan Oil Exploration Company's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.8553. At the end of 2024 the company had a P/E ratio of 10.6.
P/E ratio history for Hindustan Oil Exploration Company from 2019 to 2024
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 10.6 | 29.48% |
| 2023 | 8.19 | -94.51% |
| 2022 | 149 | 508.09% |
| 2021 | 24.5 | 650.61% |
| 2020 | 3.27 | -70.07% |
| 2019 | 10.9 | -72.71% |
| 2018 | 40.0 | 41.75% |
| 2017 | 28.2 | -66.09% |
| 2016 | 83.3 | -20424.37% |
| 2015 | -0.4098 | -91.68% |
| 2014 | -4.93 | 281.74% |
| 2013 | -1.29 | -103.05% |
| 2012 | 42.3 | 30.99% |
| 2011 | 32.3 | -52.28% |
| 2010 | 67.6 | 382.08% |
| 2009 | 14.0 | -66.05% |
| 2008 | 41.3 | -78.94% |
| 2007 | 196 | 393.7% |
| 2006 | 39.8 | 218.29% |
| 2005 | 12.5 | 40.36% |
| 2004 | 8.90 |
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.