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Ashoka RefineriesBOM:526983 23 EV-to-EBITDA is -33.73 as of Sep. 04, 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 467 Conglomerates companies, Ashoka Refineries ranks worse than 214132.55% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ashoka Refineries's enterprise value is ₹52.89 Mil.
Ashoka Refineries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹-1.57 Mil. Therefore, Ashoka Refineries's EV-to-EBITDA for today is -33.73.
The historical rank and industry rank for Ashoka Refineries's EV-to-EBITDA or its related term are showing as below:
BOM:526983'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -177.15 Med: 14 Max: 487.12
Current: -33.73
During the past 13 years, the highest EV-to-EBITDA of Ashoka Refineries was 487.12. The lowest was -177.15. And the median was 14.00.
BOM:526983's EV-to-EBITDA is ranked worse than 100% of 467
companies
in the Conglomerates industry
Industry Median: 8.72
vs BOM:526983: -33.73
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ashoka Refineries's PE Ratio (TTM) for today is calculated as:
Ashoka Refineries's share price for today is ₹15.47.
Ashoka Refineries's Earnings per Share (Diluted) 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 ₹-0.390.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Ashoka Refineries's EV-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.
For the Conglomerates subindustry, Ashoka Refineries's EV-to-EBITDA, along with its competitors' market caps and EV-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.
Ashoka Refineries EV-to-EBITDA vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Ashoka Refineries's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ashoka Refineries's EV-to-EBITDA falls into.
Ashoka Refineries's current Enterprise Value is ₹52.89 Mil.
Ashoka Refineries's EBITDA 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-EBITDA of -33.73 as of Sep. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ashoka Refineries. According to the industry distribution chart, Ashoka Refineries ranks #999999 out of 467 companies in the Conglomerates industry.
Is Ashoka Refineries' EV-to-EBITDA too high?
Ashoka Refineries' current EV-to-EBITDA is -33.73. Based on the distribution chart, Ashoka Refineries ranks #999999 out of 467 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-EBITDA compare to MMM and HON?
According to the Conglomerates industry distribution chart, Ashoka Refineries ranks #999999 out of 467 companies for EV-to-EBITDA. This places Ashoka Refineries in the lower half of its industry. The industry median EV-to-EBITDA is 8.72. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Conglomerates company?
The median EV-to-EBITDA among Conglomerates companies is 8.72, based on 467 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ashoka Refineries. For the Conglomerates industry, the median EV-to-EBITDA is 8.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Refineries's current EV-to-EBITDA 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-EBITDA 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ashoka Refineries (BOM:526983), the current EV-to-EBITDA is -33.73 as of Sep. 04, 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-EBITDA: -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
Get the complete analysis for BOM:526983
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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