Is Dolphin Offshore overvalued or undervalued?

Jun 09 2025 03:20 PM IST
share
Share Via
As of April 29, 2025, Dolphin Offshore is considered very expensive and overvalued with a PE ratio of 35.97 and an EV to EBITDA of 39.25, significantly higher than its peers like Reliance Industries and ONGC, and has underperformed the Sensex with a year-to-date return of -30.67%.
As of 29 April 2025, Dolphin Offshore's valuation grade has moved from risky to very expensive, indicating a significant shift in its perceived value. The company is currently overvalued, with a PE ratio of 35.97, an EV to EBITDA ratio of 39.25, and a Price to Book Value of 6.14. These ratios suggest that Dolphin Offshore is trading at a premium compared to its peers in the oil industry.

In comparison, Reliance Industries, which is considered fairly valued, has a PE ratio of 28.05 and an EV to EBITDA of 12.68, while ONGC, rated very attractive, boasts a PE ratio of just 8.31 and an EV to EBITDA of 4.65. The stark contrast in these ratios highlights Dolphin Offshore's overvaluation. Additionally, the company's stock has underperformed significantly against the Sensex, with a year-to-date return of -30.67% compared to the Sensex's 5.59%, further reinforcing the notion that it is currently overvalued.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News