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A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Bharat Petroleum's Debt-to-EBITDA or its related term are showing as below:
NSE:BPCL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.16 Med: 2.14 Max: 6.67
Current: 2.13
During the past 13 years, the highest Debt-to-EBITDA Ratio of Bharat Petroleum was 6.67. The lowest was 1.16. And the median was 2.14.
NSE:BPCL's Debt-to-EBITDA is ranked worse than 52.23% of 718
companies
in the Oil & Gas industry
Industry Median: 1.93
vs NSE:BPCL: 2.13
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Bharat Petroleum Debt-to-EBITDA Related Terms
Bharat Petroleum Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Bharat Petroleum's Debt-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BPCL vs MPC, VLO, PSX: Debt-to-EBITDA Comparison
For the Oil & Gas Refining & Marketing subindustry, Bharat Petroleum's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bharat Petroleum Debt-to-EBITDA vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Bharat Petroleum's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bharat Petroleum's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.
Bharat Petroleum (NSE:BPCL) has a Debt-to-EBITDA of 0.00 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bharat Petroleum. Over the past decade, Bharat Petroleum's Debt-to-EBITDA has ranged from 1.16 to 6.67. According to the industry distribution chart, Bharat Petroleum ranks #375 out of 718 companies in the Oil & Gas industry, placing it in the top 52.2%.
Is Bharat Petroleum's Debt-to-EBITDA too high?
Bharat Petroleum's current Debt-to-EBITDA is 0.00. Over the past 10 years, this metric has ranged from a low of 1.16 to a high of 6.67. Based on the distribution chart, Bharat Petroleum ranks #375 out of 718 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Bharat Petroleum has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharat Petroleum's Debt-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Bharat Petroleum ranks #375 out of 718 companies for Debt-to-EBITDA. This places Bharat Petroleum in the lower half of its industry. The industry median Debt-to-EBITDA is 1.93. Historically, Bharat Petroleum's own Debt-to-EBITDA has ranged from 1.16 to 6.67 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Oil & Gas company?
The median Debt-to-EBITDA among Oil & Gas companies is 1.93, based on 718 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Bharat Petroleum. For the Oil & Gas industry, the median Debt-to-EBITDA is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharat Petroleum's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharat Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Bharat Petroleum (NSE:BPCL) is currently considered Fairly Valued. The stock's GF Value™ is ₹347.92, compared to a current price of ₹315.00 — trading 9.5% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Bharat Petroleum's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Bharat Petroleum (NSE:BPCL), the current Debt-to-EBITDA is 0.00 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bharat Petroleum (NSE:BPCL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharat Petroleum stock appears to be undervalued.
The current stock price of ₹315.00 is trading 9.5% below its estimated GF Value™ of ₹347.92.
GuruFocus considers Bharat Petroleum to be Fairly Valued.
Key valuation signals for NSE:BPCL:
Debt-to-EBITDA: 0.00
GF Value™: ₹347.92 vs. price of ₹315.00 (9.5% below fair value)
No single metric tells the full story. See the NSE:BPCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharat Petroleum Corp Ltd operates several refineries in India, while also marketing and distributing petroleum by-products. Operations are divided into the following reportable segments: Downstream Petroleum, and Exploration and Production of Hydrocarbons. Downstream Petroleum operations which generate the majority of its revenue, include the refineries that produce liquefied petroleum gas, aromatics, kerosene, fuel oil, furnace oil, and bitumen. Bharat's petroleum by-products are often commanded by consumers in aviation, autos, maritime, and many other industrial segments. The Downstream Petroleum operations also include the network of retail service stations across India. Geographically, the company derives a majority of its revenue from India and the rest from other countries.
80GF Score
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