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ADANI TOTAL GAS
PE (Price/Earnings) Ratio

The Current P/E Ratio of ADANI TOTAL GAS is 171.26.

Share Price ₹918.4Apr 24,2024
Market Cap ₹101,000.1 Cr
Earnings-TTM₹589.7 CrTTM-Consolidated Results
Price/Earnings171.26xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of ADANI TOTAL GAS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of ADANI TOTAL GAS is calculated as :

Current Market Cap [ ₹101,000.1 Cr] as on Apr 24,2024

(/) Earnings [ ₹589.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 171.26x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for ADANI TOTAL GAS , the investors are currently willing to pay 171.26 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of ADANI TOTAL GAS !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of ADANI TOTAL GAS over the last five years.

Historical PE (Price/Earnings) ratio chart of ADANI TOTAL GAS


PE Ratio Performance Analysis for ADANI TOTAL GAS

- ADANI TOTAL GAS 's latest p/e ratio is 171.26x.

- ADANI TOTAL GAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 190.12x.

- ADANI TOTAL GAS 's operated at median p/e ratio of 174.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ADANI TOTAL GAS 's p/e ratio peaked in Mar2022 at 463.92x.

- ADANI TOTAL GAS 's p/e ratio hit its five-year low in Mar2020 of 21.78x.


How does ADANI TOTAL GAS 's P/E Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?

Peer Comparison (Gas Transmission/Marketing Industry)Earnings-TTM (Cr)PE RatioMarket Cap
ADANI TOTAL GAS 589.74171.26101,000.1
GUJARAT GAS LTD1,100.8034.0037,431.2
INDRAPRASTHA GAS LTD1,620.3619.5731,710.0
GUJARAT STATE PETRONET LTD2,068.158.0716,692.2
MAHANAGAR GAS LTD1,292.8910.8714,052.1
CONFIDENCE FUTURISTIC ENERGETECH LTD7.8836.39286.7

Gas Transmission/Marketing Industry Benchmark (Top 10) PE Analysis vs ADANI TOTAL GAS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 8.07x
Max industry PE 171.26x
Median industry PE 34.00x
Average industry PE 46.69x



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