Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Hindustan Oil Exploration Co's share price is ₹163.90.
Hindustan Oil Exploration Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was ₹19.45. Hence, Hindustan Oil Exploration Co's PS Ratio for today is 8.43.
The historical rank and industry rank for Hindustan Oil Exploration Co's PS Ratio or its related term are showing as below:
BOM:500186'
s PS Ratio Range Over the Past 10 Years
Min: 1.9 Med: 5.75 Max: 47.63
Current: 8.43
During the past 13 years, Hindustan Oil Exploration Co's highest PS Ratio was 47.63. The lowest was 1.90. And the median was 5.75.
BOM:500186's PS Ratio is ranked worse than 91.26% of 892
companies
in the Oil & Gas industry
Industry Median: 1.33
vs BOM:500186: 8.43
Hindustan Oil Exploration Co Ltd revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Hindustan Oil Exploration Co was -37.50% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -22.20% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 23.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 30.10% per year.
During the past 13 years, Hindustan Oil Exploration Co's highest 3-Year average Revenue per Share Growth Rate was 98.80% per year. The lowest was -38.80% per year. And the median was -6.40% per year.
Hindustan Oil Exploration Co (BOM:500186) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Hindustan Oil Exploration Co PS Ratio Related Terms
Hindustan Oil Exploration Co PS Ratio Historical Data
* 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 E&P subindustry, Hindustan Oil Exploration Co's PS Ratio, along with its competitors' market caps and PS Ratio 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.
Hindustan Oil Exploration Co PS Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hindustan Oil Exploration Co's PS Ratio distribution charts can be found below:
* The bar in red indicates where Hindustan Oil Exploration Co's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Hindustan Oil Exploration Co's Share Price of today is ₹163.90. Hindustan Oil Exploration Co's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹19.45.
* 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:
Hindustan Oil Exploration Co (BOM:500186) has a PS Ratio of 8.43 as of Aug. 11, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hindustan Oil Exploration Co and its competitors. This is 47% above median its historical median of 5.75. Over the past decade, Hindustan Oil Exploration Co's PS Ratio has ranged from 1.90 to 47.63. According to the industry distribution chart, Hindustan Oil Exploration Co ranks #814 out of 892 companies in the Oil & Gas industry, placing it in the top 91.3%.
Is Hindustan Oil Exploration Co's PS Ratio too high?
Hindustan Oil Exploration Co's current PS Ratio of 8.43 is 47% above median its 10-year median of 5.75. Over the past 10 years, this metric has ranged from a low of 1.90 to a high of 47.63. The Oil & Gas industry median PS Ratio is 1.33. Hindustan Oil Exploration Co's value of 8.43 is 533.8% above this industry median. Based on the distribution chart, Hindustan Oil Exploration Co ranks #814 out of 892 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Hindustan Oil Exploration Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Oil Exploration Co's PS Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Hindustan Oil Exploration Co ranks #814 out of 892 companies for PS Ratio. This places Hindustan Oil Exploration Co in the lower half of its industry. The industry median PS Ratio is 1.33. Hindustan Oil Exploration Co's value of 8.43 is 533.8% above this benchmark. Historically, Hindustan Oil Exploration Co's own PS Ratio has ranged from 1.90 to 47.63 over the past decade. While the company's 10-year median is 5.75 vs. the industry median of 1.33, Hindustan Oil Exploration 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 PS Ratio for an Oil & Gas company?
The median PS Ratio among Oil & Gas companies is 1.33, based on 892 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hindustan Oil Exploration Co's current PS Ratio of 8.43 is 533.8% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Hindustan Oil Exploration Co and its competitors. For the Oil & Gas industry, the median PS Ratio is 1.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hindustan Oil Exploration Co's current PS Ratio is 8.43, which is 47% above median its own 10-year median of 5.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Oil Exploration Co stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Oil Exploration Co (BOM:500186) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹71.12, compared to a current price of ₹163.90 — trading 130.5% above its estimated fair value. The current PS Ratio is 8.43, which is 47% above median its 10-year median of 5.75 and 533.8% above the Oil & Gas industry median of 1.33. Hindustan Oil Exploration Co's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Hindustan Oil Exploration Co (BOM:500186), the current PS Ratio is 8.43 as of Aug. 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 Hindustan Oil Exploration Co (BOM:500186) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Oil Exploration Co stock appears to be overvalued.
The current stock price of ₹163.90 is trading 130.5% above its estimated GF Value™ of ₹71.12.
GuruFocus considers Hindustan Oil Exploration Co to be Significantly Overvalued.
Key valuation signals for BOM:500186:
PS Ratio: 8.43 (47% above median its 10-year median of 5.75)
GF Value™: ₹71.12 vs. price of ₹163.90 (130.5% above fair value)
Industry Position: 533.8% above the Oil & Gas median (#814 of 892)
No single metric tells the full story. See the BOM:500186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Oil Exploration Co Ltd is engaged in the exploration, development, and production of crude oil and natural gas in India. Its business falls under the reportable segment of Oil and Gas. The group derives revenue from the sale of its products which includes Crude oil, Condensate and Natural gas. Key revenue is derived from the sale of natural gas. Geographically, the group's operations are principally carried in India.
69GF Score
Get the complete analysis for BOM:500186
PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:500186 has been successfully added to your 
