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Ashoka RefineriesBOM:526983 23 EV-to-EBIT is -33.73 as of Sep. 03, 2026. GuruFocus rates BOM:526983 with a GF Score™ of 23/100 and a GF Value™ of ₹0.67 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 444 Conglomerates companies, Ashoka Refineries ranks worse than 225225% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ashoka Refineries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹50.15 Mil.
Ashoka Refineries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.57 Mil.
* 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.
Ashoka Refineries EV-to-EBIT Related Terms
Ashoka Refineries EV-to-EBIT Historical Data
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The historical data trend for Ashoka Refineries's EV-to-EBIT 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.
For the Conglomerates subindustry, Ashoka Refineries's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Ashoka Refineries EV-to-EBIT vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ashoka Refineries's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ashoka Refineries's EV-to-EBIT falls into.
Ashoka Refineries's current Enterprise Value is ₹52.89 Mil.
Ashoka Refineries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-1.57 Mil.
* 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.
Ashoka Refineries (BOM:526983) has a EV-to-EBIT of -33.73 as of Sep. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ashoka Refineries and its competitors. According to the industry distribution chart, Ashoka Refineries ranks #999999 out of 444 companies in the Conglomerates industry.
Is Ashoka Refineries' EV-to-EBIT too high?
Ashoka Refineries' current EV-to-EBIT is -33.73. Based on the distribution chart, Ashoka Refineries ranks #999999 out of 444 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Ashoka Refineries has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Refineries' EV-to-EBIT compare to MMM and HON?
According to the Conglomerates industry distribution chart, Ashoka Refineries ranks #999999 out of 444 companies for EV-to-EBIT. This places Ashoka Refineries in the lower half of its industry. The industry median EV-to-EBIT is 11.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Conglomerates company?
The median EV-to-EBIT among Conglomerates companies is 11.28, based on 444 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ashoka Refineries and its competitors. For the Conglomerates industry, the median EV-to-EBIT is 11.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Refineries's current EV-to-EBIT is -33.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Refineries stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Refineries (BOM:526983) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.67, compared to a current price of ₹15.47 — trading 2209% above its estimated fair value. The current EV-to-EBIT is -33.73. Ashoka Refineries' overall GF Score™ is 23/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ashoka Refineries (BOM:526983), the current EV-to-EBIT is -33.73 as of Sep. 03, 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 Ashoka Refineries (BOM:526983) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Refineries stock appears to be overvalued.
The current stock price of ₹15.47 is trading 2209% above its estimated GF Value™ of ₹0.67.
GuruFocus considers Ashoka Refineries to be Significantly Overvalued.
Key valuation signals for BOM:526983:
EV-to-EBIT: -33.73
GF Value™: ₹0.67 vs. price of ₹15.47 (2209% above fair value)
No single metric tells the full story. See the BOM:526983 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Refineries Ltd is engaged in the trading of goods and providing consultancy services. The company generates all of its revenue from the sale of goods.
23GF Score
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