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EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Oil & Natural Gas's Enterprise Value is ₹4,683,869 Mil.
Oil & Natural Gas's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was ₹0 Mil. Therefore, Oil & Natural Gas's EV-to-OCF for today is .
The historical rank and industry rank for Oil & Natural Gas's EV-to-OCF or its related term are showing as below:
NSE:ONGC'
s EV-to-OCF Range Over the Past 10 Years
Min: 4.16 Med: 0 Max: 4.16
Current: 4.16
During the past 13 years, the highest EV-to-OCF of Oil & Natural Gas was 4.16. The lowest was 4.16. And the median was .
NSE:ONGC's EV-to-OCF is ranked better than 60.08% of 1022
companies
in the Oil & Gas industry
Industry Median: 5.86
vs NSE:ONGC: 4.16
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Oil & Natural Gas (NSE:ONGC) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Oil & Natural Gas's PE Ratio (TTM) for today is calculated as:
Oil & Natural Gas's share price for today is ₹232.50.
Oil & Natural Gas'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 ₹34.600.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Oil & Natural Gas EV-to-OCF Related Terms
Oil & Natural Gas EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Oil & Natural Gas's EV-to-OCF 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 Oil & Gas Integrated subindustry, Oil & Natural Gas's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Oil & Natural Gas EV-to-OCF vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Oil & Natural Gas's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Oil & Natural Gas's EV-to-OCF falls into.
Oil & Natural Gas's current Enterprise Value is ₹4,683,869 Mil.
Oil & Natural Gas's Cash Flow from Operations 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 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.
Is Oil & Natural Gas (NSE:ONGC) Overvalued in 2026?
Based on GuruFocus' analysis, Oil & Natural Gas stock appears to be undervalued.
The current stock price of ₹232.50 is trading 21.7% below its estimated GF Value™ of ₹296.83.
GuruFocus considers Oil & Natural Gas to be Modestly Undervalued.
Key valuation signals for NSE:ONGC:
EV-to-OCF:
GF Value™: ₹296.83 vs. price of ₹232.50 (21.7% below fair value)
No single metric tells the full story. See the NSE:ONGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Oil & Natural Gas Corp Ltd is an Indian-based company. It engaged in the exploration, development, and production of crude oil, natural gas, and value-added products. Along with its subsidiaries, the company operates in the following business segments: Refining and Marketing, which derives maximum revenue, Exploration and Production, and Petrochemicals. Geographically, the group derives maximum revenue from India, from its offshore and onshore activities, and is also involved in exploration and production activities outside India.
83GF Score
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