GAIL (INDIA)
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The Current P/B Ratio of GAIL (INDIA) is 1.71.
Share Price | ₹200.2 | Nov 01,2024 |
Market Cap | ₹131,633.5 Cr | |
Book Value | ₹76,997.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.71x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GAIL (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹131,633.5 Cr] as on Nov 01,2024
(/) Book Value [ ₹76,997.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.71x ]
Thus, for GAIL (INDIA) , the investors are currently willing to pay '1.71 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of GAIL (INDIA) !
The chart below summarizes the trend in P/B Ratio of GAIL (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of GAIL (INDIA)
PB Ratio Performance Analysis for GAIL (INDIA)
- GAIL (INDIA) 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.11x.
- GAIL (INDIA) 's operated at median p/b ratio of 1.08x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GAIL (INDIA) 's p/b ratio peaked in Mar2024 at 1.55x.
- GAIL (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0.7x.
How does GAIL (INDIA) 's P/B Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?
Peer Comparison (Industrial Gases & Fuels Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GAIL (INDIA) | 76,997.20 | 1.71 | 131,633.5 |
LINDE INDIA LTD | 3,466.76 | 19.30 | 66,894.4 |
PETRONET LNG LTD | 17,410.10 | 2.89 | 50,385.0 |
CONFIDENCE PETROLEUM INDIA LTD | 1,158.27 | 2.26 | 2,621.1 |
IRM ENERGY LTD | 931.76 | 1.78 | 1,661.3 |
REFEX INDUSTRIES LTD | 465.23 | 12.74 | 5,929.3 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PB Analysis vs GAIL (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.71x |
Max industry PB | 19.30x |
Median industry PB | 2.89x |
Average industry PB | 6.78x |
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