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A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Confidence Petroleum India's Debt-to-Equity or its related term are showing as below:
NSE:CONFIPET'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.41 Max: 0.59
Current: 0.54
During the past 13 years, the highest Debt-to-Equity Ratio of Confidence Petroleum India was 0.59. The lowest was 0.14. And the median was 0.41.
NSE:CONFIPET's Debt-to-Equity is ranked worse than 54.64% of 798
companies
in the Oil & Gas industry
Industry Median: 0.46
vs NSE:CONFIPET: 0.54
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Confidence Petroleum India Debt-to-Equity Related Terms
Confidence Petroleum India Debt-to-Equity Historical Data
* 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:CONFIPET vs MPC, VLO, PSX: Debt-to-Equity Comparison
For the Oil & Gas Refining & Marketing subindustry, Confidence Petroleum India's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Confidence Petroleum India Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Confidence Petroleum India's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Confidence Petroleum India's Debt-to-Equity 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.
Confidence Petroleum India (NSE:CONFIPET) has a Debt-to-Equity of 0.54 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Confidence Petroleum India and its competitors. This is 32% above median its historical median of 0.41. Over the past decade, Confidence Petroleum India's Debt-to-Equity has ranged from 0.14 to 0.59. According to the industry distribution chart, Confidence Petroleum India ranks #436 out of 798 companies in the Oil & Gas industry, placing it in the top 54.6%.
Is Confidence Petroleum India's Debt-to-Equity too high?
Confidence Petroleum India's current Debt-to-Equity of 0.54 is 32% above median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.59. The Oil & Gas industry median Debt-to-Equity is 0.46. Confidence Petroleum India's value of 0.54 is 17.4% above this industry median. Based on the distribution chart, Confidence Petroleum India ranks #436 out of 798 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Confidence Petroleum India has a GF Score™ of 89/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Confidence Petroleum India's Debt-to-Equity compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Confidence Petroleum India ranks #436 out of 798 companies for Debt-to-Equity. This places Confidence Petroleum India in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Confidence Petroleum India's value of 0.54 is 17.4% above this benchmark. Historically, Confidence Petroleum India's own Debt-to-Equity has ranged from 0.14 to 0.59 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.46, Confidence Petroleum India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 798 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Confidence Petroleum India's current Debt-to-Equity of 0.54 is 17.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Confidence Petroleum India and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Confidence Petroleum India's current Debt-to-Equity is 0.54, which is 32% above median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Confidence Petroleum India stock overvalued right now?
Based on GuruFocus' analysis, Confidence Petroleum India (NSE:CONFIPET) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹128.42, compared to a current price of ₹79.66 — trading 38% below its estimated fair value. The current Debt-to-Equity is 0.54, which is 32% above median its 10-year median of 0.41 and 17.4% above the Oil & Gas industry median of 0.46. Confidence Petroleum India's overall GF Score™ is 89/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Confidence Petroleum India (NSE:CONFIPET), the current Debt-to-Equity is 0.54 as of Mar. 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 Confidence Petroleum India (NSE:CONFIPET) Overvalued in 2026?
Based on GuruFocus' analysis, Confidence Petroleum India stock appears to be undervalued.
The current stock price of ₹79.66 is trading 38% below its estimated GF Value™ of ₹128.42.
GuruFocus considers Confidence Petroleum India to be Significantly Undervalued.
Key valuation signals for NSE:CONFIPET:
Debt-to-Equity: 0.54 (32% above median its 10-year median of 0.41)
GF Value™: ₹128.42 vs. price of ₹79.66 (38% below fair value)
Industry Position: 17.4% above the Oil & Gas median (#436 of 798)
No single metric tells the full story. See the NSE:CONFIPET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Confidence Petroleum India Ltd is an Indian manufacturer of LPG (liquefied petroleum gas) Cylinders. The company provides CNG (Compressed Natural Gas) and high-pressure cylinders, LPG cylinders, LPG bottling services, and others. Its segments are the Cylinder Division and LPG Division, of which key revenue is derived from the LPG Division which involves LPG marketing and bottling business and other related activities.
89GF Score
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