EN DE
STOCK COMPARISON

S-Oil vs Reliance Industries: Fair Value & Quality

Both stocks run through our valuation models. Here is how S-Oil (010950) and Reliance Industries (RELIANCE) compare, as of Sep 24, 2026.

As of Sep 24, 2026, Fair Value Calculator sees Reliance Industries as the less overvalued of the two: S-Oil trades at KRW 155,600 versus a fair value of KRW 30,819 (-80%), while Reliance Industries trades at ₹1,248 versus ₹865 (-31%).
S-Oil
010950.KO · KRW · Energy
-80%
upside to fair value
overvalued
PriceKRW 155,600
Fair ValueKRW 30,819
Quality48/100
Reliance Industries
RELIANCE.NSE · INR · Energy
-31%
upside to fair value
overvalued
Price₹1,248
Fair Value₹865
Quality50/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

S-OilReliance Industries
Valuation
n/aP/E (TTM)20.9×
n/aP/S (TTM)1.60×
n/aP/B1.88×
1.4×EV/EBITDA10.6×
n/aPEG0.82×
−80.2%Fair value upside−30.7%
0.2%Dividend yield0.5%
KRW 330Dividend per share₹6.00
Profitability
14%Operating margin10%
n/aEBIT margin trend (5Y)0.99×
10%Return on equity9%
4%Return on assets4%
Growth
-1%Revenue growth (YoY)13%
-6.9%Avg. growth/yr (3Y)6.4%
15.3%Avg. growth/yr (5Y)17.8%
−24.3%Value creation/yr+10.2%
Balance & size
0.9×Interest coverage (EBIT/interest)4.5×
0.57×Debt / equity0.30×
$12BMarket cap$176B
weakGrowth qualityhealthy

Reliance Industries leads: 2 to 8 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

S-Oilof which business quality 46 · market factors 81 Reliance Industriesof which business quality 50 · market factors 46
ProfitabilityMargins and returns on capital today
33
34
Quality GrowthAre margins and returns improving?
40
45
CashflowEarnings quality: real cash, not paper profit
41
49
Fin. StrengthBalance sheet, leverage, solvency risk
36
47
InvestmentDisciplined investing over empire-building
62
51
Low VolatilityCalm price path (market factor)
40
94
MomentumPrice trend over the last 3–12 months (market factor)
99
32
52W MomentumDistance to the 52-week high (market factor)
95
14
Net IssuanceShare count: buybacks or dilution?
82
82

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyS-OilPrice KRW 155,600Reliance IndustriesPrice ₹1,248
DCF Models-89%below the priceKRW 16,814-23%below the price₹961
Earnings-Based-95%below the priceKRW 8,142-45%below the price₹685
Dividend Discount-100%below the priceKRW 14-92%below the price₹96.77
Multiples-83%below the priceKRW 26,720-33%below the price₹840
Asset-Based-66%below the priceKRW 52,890-64%below the price₹445
Growth DCFn/a-14%close to the price₹1,073
Economic Profit-67%below the priceKRW 51,716-47%below the price₹655
Growth Earnings-88%below the priceKRW 19,441-28%below the price₹904
Minimum-100%below the priceKRW 14-92%below the price₹96.77
Maximum-66%below the priceKRW 52,890-14%close to the price₹1,073
Median-88%below the priceKRW 19,441-39%below the price₹763
Geometric mean-95%below the priceKRW 8,338-53%below the price₹592

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

S-Oil: 14 of 14 models see the stock below the current price.

Reliance Industries: 25 of 26 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

S-Oil
Price KRW 155,600
Fair Value KRW 30,819
Bear KRW 19,824Bull KRW 30,819
Reliance Industries
Price ₹1,248
Fair Value ₹865
Bear ₹489Bull ₹1,176

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

S-Oil · Energy

Quality score48 · below median
Fair value upside-80% · bottom 25%

Reliance Industries · Energy

Quality score50 · above median
Fair value upside-31% · below median

Bottom line

As of Sep 24, 2026, Fair Value Calculator sees Reliance Industries as the less overvalued of the two: S-Oil trades at KRW 155,600 versus a fair value of KRW 30,819 (-80%), while Reliance Industries trades at ₹1,248 versus ₹865 (-31%).

Reliance Industries has the higher quality score (50/100).

Open Reliance Industries live analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.