OIL vs ONGC: Which Is Better on the Numbers?
Oil India Ltd (OIL) trades at ₹445 on a P/E of 11.1, while Oil & Natural Gas Corpn Ltd (ONGC) trades at ₹250 on a P/E of 7.6. On valuation, Oil & Natural Gas Corpn Ltd is cheaper on earnings (P/E 7.6 vs 11.1). This is a data comparison, not a recommendation.
OIL vs ONGC - full comparison
| Metric | OIL | ONGC |
|---|---|---|
| Share price | ₹445.15 | ₹249.89 |
| P/E ratio (lower = cheaper) | 11.10 | 7.58 |
| ROE (higher = better) | 12.30% | 11.70% |
| ROCE (higher = better) | 11.60% | 14.20% |
| Dividend yield | 2.55% | 4.86% |
| Annualised return (history) | -11.2% | -12.6% |
| Volatility (lower = steadier) | 37% | 26% |
| 1-year forecast (Monte Carlo median) | ₹373.44 | ₹212.32 |
| Cheapest MTF margin | 24.760000000000005% (Dhan) | 22% (Dhan) |
Forecast as of 23 Jul
How OIL and ONGC compare
- On valuation, Oil & Natural Gas Corpn Ltd is cheaper on earnings (P/E 7.6 vs 11.1).
- On profitability, Oil India Ltd earns a higher return on equity (ROE 12.3% vs 11.7%).
- For income, Oil & Natural Gas Corpn Ltd pays a higher dividend yield (4.86% vs 2.55%).
- On recent momentum, Oil India Ltd has the stronger annualised return (-11.2% vs -12.6%).
- On risk, Oil & Natural Gas Corpn Ltd has been less volatile (annualised volatility 26% vs 37%).
- For margin trading, Oil & Natural Gas Corpn Ltd has the lower MTF margin requirement (22% via Dhan).
Not investment advice. This page compares publicly available metrics and a statistical forecast for information only. The 1-year forecast is a Monte Carlo projection from historical volatility, not a prediction. Do your own research or consult a SEBI-registered adviser before investing.
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