Indian Oil Corporation Limited
IOC
Rank in Stocks
#1134
Indian Oil Corporation Limited (IOC.NS), together with its subsidiaries,... Indian Oil Corporation Limited (IOC.NS), together with its subsidiaries, operates as a leading integrated energy company in India. Its core business spans the refining of crude oil, pipeline transportation, and the widespread marketing and distribution of petroleum products throughout the country. Beyond these primary activities, IOC is also involved in the exploration and production of crude oil and natural gas, the manufacturing of petrochemicals, and the supply of natural gas. The company's diverse product portfolio includes essential fuels such as petrol (gasoline), diesel (gas oil), auto gas, cooking gas (LPG), and aviation fuel, alongside lubricants, greases, kerosene, bulk and industrial fuels, marine oils, and bitumen. Furthermore, IOC provides a variety of specialized industrial derivatives like carbon black feedstock, raw petroleum coke, sulfur, paraffin wax, jute batching oil, microcrystalline wax, mineral turpentine oil, toluene, propylene, benzene, and petcoke. The firm's operations extend to various other sectors, including explosives and cryogenic services, the generation of wind and solar power, lubricant blending, bunkering services, refining and pipeline consultancy, and the sale of lubricants and base oils. Indian Oil Corporation maintains an extensive infrastructure across India, featuring approximately 9 refineries and nearly 15,000 kilometers of pipelines. Its vast distribution network encompasses about 34,559 fuel stations, including 11,026 Kisan Seva Kendra outlets, 120 terminals and depots, 101 LPG bottling and distribution plants, and 126 aviation fuel stations. The network also includes 6,993 consumer pumps, 12,813 LPG distributors, 1,488 CNG stations, 10 lubricant blending facilities, and 2,179 EV charging stations, 34 of which offer battery swapping capabilities. In its upstream segment, the company holds a portfolio comprising 9 exploration and production blocks situated within India. Established in 1958, Indian Oil Corporation Limited is headquartered in New Delhi, India.
Share Price
$1.44
Last synced: 2026-10-19
Market Cap
$20.30B
Change (1 day)
0.35%
Change (1 year)
-17.89%
Country
IN
Trade Indian Oil Corporation Limited (IOC)
Category
Energy
P/E ratio for Indian Oil Corporation Limited (IOC)
P/E ratio as of October 2026 TTM: 5.26
According to Indian Oil Corporation Limited latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.26. At the end of 2024 the company had a P/E ratio of 5.59.
P/E ratio history for Indian Oil Corporation Limited from 2004 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 5.26 | -60.42% |
| 2025 | 13.30 | 138.06% |
| 2024 | 5.59 | -49.02% |
| 2023 | 10.96 | 151.83% |
| 2022 | 4.35 | 11.64% |
| 2021 | 3.90 | -104.64% |
| 2020 | -83.93 | -1,100.92% |
| 2019 | 8.39 | 18.90% |
| 2018 | 7.05 | -21.22% |
| 2017 | 8.95 | 19.12% |
| 2016 | 7.51 | -56.38% |
| 2015 | 17.23 | 88.81% |
| 2014 | 9.12 | -37.00% |
| 2013 | 14.48 | 1.50% |
| 2012 | 14.27 | 50.98% |
| 2011 | 9.45 | 53.11% |
| 2010 | 6.17 | -66.78% |
| 2009 | 18.58 | 210.66% |
| 2008 | 5.98 | 6.66% |
| 2007 | 5.61 | -57.23% |
| 2006 | 13.11 | 53.90% |
| 2005 | 8.52 | 17.27% |
| 2004 | 7.26 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
IN
|
|
| 16.69 | 217.07% |
US
|
|
| 19.06 | 262.08% |
US
|
|
| 16.86 | 220.30% |
US
|
|
| 19.79 | 275.93% |
TW
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.