Confidence Petroleum India Limited manufactures and sells liquefied petroleum gas (LPG) cylinders in India. It operates through two segments, Cylinder Division and LPG Division. The company offers CNG and packed cylinders. It also provides LPG bottling services, as well as operates auto LPG dispensing stations. The company serves commercial and industrial customers under the GoGas, and retail customer under the GoGas Elite brand names. Confidence Petroleum India Limited was founded in 1993 and is based in Nagpur, India.
P/S ratio for Confidence Petroleum India Limited (CONFIPET.NS)
P/S ratio as of 2023: 0.97
According to Confidence Petroleum India Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.97. At the end of 2022 the company had a P/S ratio of 0.78.
P/S ratio history for Confidence Petroleum India Limited from 2009 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 0.97 |
| 2022 | 0.78 |
| 2021 | 1.24 |
| 2020 | 1.47 |
| 2019 | 0.37 |
| 2018 | 1.07 |
| 2017 | 1.66 |
| 2016 | 2.05 |
| 2015 | 2.88 |
| 2014 | 3.32 |
| 2013 | 3.98 |
| 2012 | 0.21 |
| 2011 | 0.17 |
| 2010 | 0.89 |
| 2009 | 1.85 |