Gandhar Oil Refinery (India) (NSE:GANDHAR) EV-to-EBITDA: 6.21 (As of Sep. 12, 2026) — 20% Below Median

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NSE:GANDHAR Gandhar Oil Refinery (India) Ltd NSE:GANDHAR
57 GF Score
Price ₹272.70
GF Value ₹220.97
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Gandhar Oil Refinery (India) EV-to-EBITDA?

Gandhar Oil Refinery (India) NSE:GANDHAR +0.52% 57 EV-to-EBITDA is 6.21 as of Sep. 12, 2026, which is 20% below its 10-year median of 7.81. GuruFocus rates NSE:GANDHAR with a GF Score™ of 57/100 and a GF Value™ of ₹220.97 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 770 Oil & Gas companies, Gandhar Oil Refinery (India) ranks better than 60.52% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Gandhar Oil Refinery (India)'s enterprise value is ₹30,033 Mil. Gandhar Oil Refinery (India)'s EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹4,837 Mil. Therefore, Gandhar Oil Refinery (India)'s EV-to-EBITDA for today is 6.21.

The historical rank and industry rank for Gandhar Oil Refinery (India)'s EV-to-EBITDA or its related term are showing as below:

NSE:GANDHAR' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.78   Med: 7.81   Max: 12.07
Current: 6.21

During the past 6 years, the highest EV-to-EBITDA of Gandhar Oil Refinery (India) was 12.07. The lowest was 3.78. And the median was 7.81.

NSE:GANDHAR's EV-to-EBITDA is ranked better than
60.52% of 770 companies
in the Oil & Gas industry
Industry Median: 7.64 vs NSE:GANDHAR: 6.21

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.

As of today (2026-09-12), Gandhar Oil Refinery (India)'s stock price is ₹272.70. Gandhar Oil Refinery (India)'s Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹30.800. Therefore, Gandhar Oil Refinery (India)'s PE Ratio (TTM) for today is 8.85.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Gandhar Oil Refinery (India)  (NSE:GANDHAR) EV-to-EBITDA Explanation

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.

Gandhar Oil Refinery (India)'s PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=272.70/30.800
=8.85

Gandhar Oil Refinery (India)'s share price for today is ₹272.70.
Gandhar Oil Refinery (India)'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 ₹30.800.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Gandhar Oil Refinery (India) EV-to-EBITDA Related Terms


Gandhar Oil Refinery (India) EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Gandhar Oil Refinery (India)'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.

Gandhar Oil Refinery (India) EV-to-EBITDA Chart

Gandhar Oil Refinery (India) Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 0.00 8.00 9.42 6.13

Gandhar Oil Refinery (India) Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.96 8.25 6.95 6.13 3.71

NSE:GANDHAR vs MPC, VLO, PSX: EV-to-EBITDA Comparison

For the Oil & Gas Refining & Marketing subindustry, Gandhar Oil Refinery (India)'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.


Gandhar Oil Refinery (India) EV-to-EBITDA vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gandhar Oil Refinery (India)'s EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gandhar Oil Refinery (India)'s EV-to-EBITDA falls into.


NSE:GANDHAR
57GF Score
Gandhar Oil Refinery (India) Ltd NSE:GANDHAR
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gandhar Oil Refinery (India) EV-to-EBITDA Calculation

Gandhar Oil Refinery (India)'s EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=30033.248/4836.96
=6.21

Gandhar Oil Refinery (India)'s current Enterprise Value is ₹30,033 Mil.
Gandhar Oil Refinery (India)'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 ₹4,837 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 6.21 mean?
Gandhar Oil Refinery (India) (NSE:GANDHAR) has a EV-to-EBITDA of 6.21 as of Sep. 12, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Gandhar Oil Refinery (India). This is 20% below median its historical median of 7.81. Over the past decade, Gandhar Oil Refinery (India)'s EV-to-EBITDA has ranged from 3.78 to 12.07. According to the industry distribution chart, Gandhar Oil Refinery (India) ranks #304 out of 770 companies in the Oil & Gas industry, placing it in the top 39.5%.
Is Gandhar Oil Refinery (India)'s EV-to-EBITDA too high?
Gandhar Oil Refinery (India)'s current EV-to-EBITDA of 6.21 is 20% below median its 10-year median of 7.81. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 12.07. The Oil & Gas industry median EV-to-EBITDA is 7.64. Gandhar Oil Refinery (India)'s value of 6.21 is 18.7% below this industry median. Based on the distribution chart, Gandhar Oil Refinery (India) ranks #304 out of 770 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Gandhar Oil Refinery (India) has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gandhar Oil Refinery (India)'s EV-to-EBITDA compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Gandhar Oil Refinery (India) ranks #304 out of 770 companies for EV-to-EBITDA. This puts Gandhar Oil Refinery (India) in the upper half of its industry. The industry median EV-to-EBITDA is 7.64. Gandhar Oil Refinery (India)'s value of 6.21 is 18.7% below this benchmark. Historically, Gandhar Oil Refinery (India)'s own EV-to-EBITDA has ranged from 3.78 to 12.07 over the past decade. While the company's 10-year median is 7.81 vs. the industry median of 7.64, Gandhar Oil Refinery (India) has consistently been below 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 EV-to-EBITDA for an Oil & Gas company?
The median EV-to-EBITDA among Oil & Gas companies is 7.64, based on 770 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. Gandhar Oil Refinery (India)'s current EV-to-EBITDA of 6.21 is 18.7% below 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 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 Gandhar Oil Refinery (India). For the Oil & Gas industry, the median EV-to-EBITDA is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gandhar Oil Refinery (India)'s current EV-to-EBITDA is 6.21, which is 20% below median its own 10-year median of 7.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gandhar Oil Refinery (India) stock overvalued right now?
Based on GuruFocus' analysis, Gandhar Oil Refinery (India) (NSE:GANDHAR) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹220.97, compared to a current price of ₹272.70 — trading 23.4% above its estimated fair value. The current EV-to-EBITDA is 6.21, which is 20% below median its 10-year median of 7.81 and 18.7% below the Oil & Gas industry median of 7.64. Gandhar Oil Refinery (India)'s overall GF Score™ is 57/100 with 6 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 Gandhar Oil Refinery (India) (NSE:GANDHAR), the current EV-to-EBITDA is 6.21 as of Sep. 12, 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 Gandhar Oil Refinery (India) (NSE:GANDHAR) Overvalued in 2026?

Based on GuruFocus' analysis, Gandhar Oil Refinery (India) stock appears to be overvalued. The current stock price of ₹272.70 is trading 23.4% above its estimated GF Value™ of ₹220.97. GuruFocus considers Gandhar Oil Refinery (India) to be Modestly Overvalued.

Key valuation signals for NSE:GANDHAR:

  • EV-to-EBITDA: 6.21 (20% below median its 10-year median of 7.81)
  • GF Value™: ₹220.97 vs. price of ₹272.70 (23.4% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 18.7% below the Oil & Gas median (#304 of 770)

No single metric tells the full story. See the NSE:GANDHAR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gandhar Oil Refinery (India) Business Description

Industry EnergyOil & Gas
Other Exchanges 544029:India
Address S.V. Road, 18th floor, DLH Park, Goregaon West, Mumbai, MH, IND, 400062
Gandhar Oil Refinery (India) Ltd is a manufacturer of white oils with a growing focus on the consumer and healthcare end industries. The company has only one reportable segment: petroleum products - specialty oils. The geographical segments include the Domestic Market and Overseas Markets.
57GF Score

Get the complete analysis for NSE:GANDHAR

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹272.70
Price
₹220.97
GF Value