Gandhar Oil Refinery Experiences Valuation Grade Change Amid Competitive Industry Landscape

Gandhar Oil Refinery, a small-cap player in the oil industry, has recently undergone a valuation adjustment, reflecting its current financial standing. The company's price-to-earnings (PE) ratio stands at 20.11, while its price-to-book value is recorded at 1.30. Additionally, the enterprise value to EBITDA ratio is noted at 10.03, and the EV to EBIT ratio is 11.76. The firm also shows a dividend yield of 0.30% and a return on capital employed (ROCE) of 10.79%, alongside a return on equity (ROE) of 6.47%.
In comparison to its peers, Gandhar Oil Refinery's valuation metrics present a mixed picture. For instance, Deep Industries is positioned at a higher valuation level with a PE ratio of 16.92, while Hindustan Oil Exploration and Jindal Drilling exhibit varying valuations that reflect their market positions. The recent evaluation revision highlights the competitive landscape within the oil sector, where Gandhar Oil's performance metrics are noteworthy against its industry counterparts. The company's stock price has shown fluctuations, with a current price of 164.40, marking a slight increase from the previous close of 163.55.