Ghana Oil CoXGHA:GOIL 76 PE Ratio (TTM) is 34.55 as of Jul. 11, 2026, which is 318% above its 10-year median of 8.26. GuruFocus rates XGHA:GOIL with a GF Score™ of 76/100 and a GF Value™ of GHS1.53 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 617 Oil & Gas companies, Ghana Oil Co ranks worse than 83.79% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-11), Ghana Oil Co's share price is
GHS7.98.
Ghana Oil Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was GHS0.23. Therefore, Ghana Oil Co's PE Ratio (TTM) for today is 34.55.
Warning Sign:
Ghana Oil Co Ltd stock PE Ratio (=34.55) is close to 10-year high of 34.59.
The historical rank and industry rank for Ghana Oil Co's PE Ratio (TTM) or its related term are showing as below:
XGHA:GOIL'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 4.59 Med: 8.26 Max: 34.59
Current: 34.55
During the past 13 years, the highest PE Ratio (TTM) of Ghana Oil Co was 34.59. The lowest was 4.59. And the median was 8.26.
XGHA:GOIL's PE Ratio (TTM) is ranked worse than 83.79% of 617
companies
in the Oil & Gas industry
Industry Median: 14.38
vs XGHA:GOIL: 34.55
Ghana Oil Co's EPS without NRI for the
six
months ended in Dec. 2025 was GHS0.23.
Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was GHS0.23.
During the past 12 months, Ghana Oil Co's average EPS without NRIGrowth Rate was 6.90% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -9.90% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was -3.50% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was 3.70% per year.
During the past 13 years, Ghana Oil Co's highest 3-Year average EPS without NRI Growth Rate was 55.20% per year. The lowest was -15.30% per year. And the median was 16.80% per year.
Ghana Oil Co's EPS (Basic) for the
six
months ended in Dec. 2025 was GHS0.23.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was GHS0.23.
Ghana Oil Co (XGHA:GOIL) PE Ratio (TTM) Explanation
The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).
Ghana Oil Co PE Ratio (TTM) Related Terms
Ghana Oil Co PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Ghana Oil Co's PE Ratio (TTM) 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.
XGHA:GOIL vs VLO, MPC, PSX: PE Ratio (TTM) Comparison
For the Oil & Gas Refining & Marketing subindustry, Ghana Oil Co's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Ghana Oil Co PE Ratio (TTM) vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ghana Oil Co's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Ghana Oil Co's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Ghana Oil Co's PE Ratio (TTM) for today is calculated as
Ghana Oil Co's Share Price of today is GHS7.98.
For company reported annually, GuruFocus uses latest annual data as the TTM data. Ghana Oil Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was GHS0.23.
* 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.
It can also be calculated from the numbers for the whole company:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Ghana Oil Co (XGHA:GOIL) has a PE Ratio (TTM) of 34.55 as of Jul. 11, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Ghana Oil Co and its competitors. This is 318% above median its historical median of 8.26. Over the past decade, Ghana Oil Co's PE Ratio (TTM) has ranged from 4.59 to 34.59. According to the industry distribution chart, Ghana Oil Co ranks #517 out of 617 companies in the Oil & Gas industry, placing it in the top 83.8%.
Is Ghana Oil Co's PE Ratio (TTM) too high?
Ghana Oil Co's current PE Ratio (TTM) of 34.55 is 318% above median its 10-year median of 8.26. Over the past 10 years, this metric has ranged from a low of 4.59 to a high of 34.59. The Oil & Gas industry median PE Ratio (TTM) is 14.38. Ghana Oil Co's value of 34.55 is 140.3% above this industry median. Based on the distribution chart, Ghana Oil Co ranks #517 out of 617 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Ghana Oil Co has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ghana Oil Co's PE Ratio (TTM) compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Ghana Oil Co ranks #517 out of 617 companies for PE Ratio (TTM). This places Ghana Oil Co in the lower half of its industry. The industry median PE Ratio (TTM) is 14.38. Ghana Oil Co's value of 34.55 is 140.3% above this benchmark. Historically, Ghana Oil Co's own PE Ratio (TTM) has ranged from 4.59 to 34.59 over the past decade. While the company's 10-year median is 8.26 vs. the industry median of 14.38, Ghana Oil Co 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 PE Ratio (TTM) for an Oil & Gas company?
The median PE Ratio (TTM) among Oil & Gas companies is 14.38, based on 617 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ghana Oil Co's current PE Ratio (TTM) of 34.55 is 140.3% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Ghana Oil Co and its competitors. For the Oil & Gas industry, the median PE Ratio (TTM) is 14.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghana Oil Co's current PE Ratio (TTM) is 34.55, which is 318% above median its own 10-year median of 8.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghana Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Ghana Oil Co (XGHA:GOIL) is currently considered Significantly Overvalued. The stock's GF Value™ is GHS1.53, compared to a current price of GHS7.98 — trading 421.6% above its estimated fair value. The current PE Ratio (TTM) is 34.55, which is 318% above median its 10-year median of 8.26 and 140.3% above the Oil & Gas industry median of 14.38. Ghana Oil Co's overall GF Score™ is 76/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Ghana Oil Co (XGHA:GOIL), the current PE Ratio (TTM) is 34.55 as of Jul. 11, 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 Ghana Oil Co (XGHA:GOIL) Overvalued in 2026?
Based on GuruFocus' analysis, Ghana Oil Co stock appears to be overvalued.
The current stock price of GHS7.98 is trading 421.6% above its estimated GF Value™ of GHS1.53.
GuruFocus considers Ghana Oil Co to be Significantly Overvalued.
Key valuation signals for XGHA:GOIL:
PE Ratio (TTM): 34.55 (318% above median its 10-year median of 8.26)
GF Value™: GHS1.53 vs. price of GHS7.98 (421.6% above fair value)
Industry Position: 140.3% above the Oil & Gas median (#517 of 617)
No single metric tells the full story. See the XGHA:GOIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ghana Oil Co Ltd (GOIL) is engaged in the marketing and distribution of petroleum products. Its objective is to market petroleum and related products, particularly fuels, liquefied petroleum gas (LPG), lubricants, bitumen, and specialty products in Ghana. The company is engaged in the business of marketing quality petroleum and other energy products and services in all its branches in a healthy, safe, environmentally friendly, and socially responsible manner.
76GF Score
Get the complete analysis for XGHA:GOIL
PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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