Indian Oil Corporation Ltd
NSE:IOC

Watchlist Manager
Indian Oil Corporation Ltd Logo
Indian Oil Corporation Ltd
NSE:IOC
Watchlist
Price: 163.67 INR 1.16% Market Closed
Market Cap: 2.3T INR
Section:
 

Relative Value

The Relative Value of one IOC stock under the Base Case scenario is 327.78 INR. Compared to the current market price of 163.67 INR, Indian Oil Corporation Ltd is Undervalued by 50%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IOC Relative Value
Base Case
327.78 INR
Undervaluation 50%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.3
P/S
P/S
Price to Sales
0.3
vs History
7
vs Industry
82
Median 3Y
0.2
Median 5Y
0.1
Industry
1.4
Forward
0.3
More Details
9.1
P/E
P/E
Price to Earnings
9.1
vs History
36
vs Industry
14
Median 3Y
9
Median 5Y
7.2
Industry
12.2
Forward
8.4
More Details
3.4
P/OCF
P/OCF
Price to OCF
3.4
vs History
41
vs Industry
9
Median 3Y
3.4
Median 5Y
3.1
Industry
5.2
More Details
33.3
P/FCFE
P/FCFE
Price to FCFE
33.3
vs History
23
vs Industry
17
Median 3Y
30.1
Median 5Y
15.5
Industry
11
More Details
1.2
P/B
P/B
Price to Book Value
1.2
vs History
14
vs Industry
43
Median 3Y
1
Median 5Y
0.8
Industry
1.3
More Details
0.4
EV/S
EV/S
Enterprise Value to Sales
0.4
vs History
4
vs Industry
81
Median 3Y
0.3
Median 5Y
0.2
Industry
2.1
Forward
0.5
More Details
2.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
2.9
vs History
17
vs Industry
62
Median 3Y
2.3
Median 5Y
1.9
Industry
5.3
More Details
6.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.6
vs History
15
vs Industry
27
Median 3Y
5.2
Median 5Y
4.1
Industry
6.8
Forward
6.1
More Details
9.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.8
vs History
20
vs Industry
17
Median 3Y
7.6
Median 5Y
6
Industry
10.2
Forward
8.7
More Details
5.2
EV/OCF
EV/OCF
Enterprise Value to OCF
5.2
vs History
47
vs Industry
11
Median 3Y
5.1
Median 5Y
5.1
Industry
7
More Details
10.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
10.2
vs History
23
vs Industry
29
Median 3Y
-4.6
Median 5Y
3.3
Industry
11.5
More Details
0.8
EV/IC
EV/IC
Enterprise Value to IC
0.8
vs History
6
vs Industry
64
Median 3Y
0.6
Median 5Y
0.5
Industry
1.1
More Details

Multiples Across Competitors

IOC Competitors Multiples
Indian Oil Corporation Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
Indian Oil Corporation Ltd
NSE:IOC
2.3T INR 0.3 9.1 6.6 9.8
IN
Reliance Industries Ltd
NSE:RELIANCE
21.1T INR 2.1 25.3 12.1 17.6
US
Marathon Petroleum Corp
NYSE:MPC
57.8B USD 0.4 19.8 8.5 12.6
US
Phillips 66
NYSE:PSX
57.4B USD 0.4 38.2 12.7 28.4
US
Valero Energy Corp
NYSE:VLO
51.9B USD 0.4 34.3 9.3 18.4
PL
Orlen SA
PSE:PKN
623.3B CZK 0.4 16.9 2.9 4.4
PL
Polski Koncern Naftowy Orlen SA
WSE:PKN
108.6B PLN 0.4 16.9 2.9 4.4
JP
ENEOS Holdings Inc
TSE:5020
3T JPY 0.2 22.8 10.9 409.2
IN
Bharat Petroleum Corporation Ltd
NSE:BPCL
1.6T INR 0.3 7.5 4.9 6.3
FI
Neste Oyj
OMXH:NESTE
14.2B EUR 0.7 -140.2 167.8 167.8
TW
Formosa Petrochemical Corp
TWSE:6505
464.9B TWD 0.7 76.7 23.6 73.2

See Also

Summary
IOC intrinsic value, competitors valuation, and company profile.
DCF Valuation
IOC stock valuation using Discount Cash Flow valuation method.
Relative Valuation
IOC stock valuation using valuation multiples.
Wall Street Estimates
IOC price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
IOC stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 302,500+ value investors using Alpha Spread
Create Free Account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2025 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.