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GAIL (INDIA)
PE (Price/Earnings) Ratio

The Current P/E Ratio of GAIL (INDIA) is 21.11.

Share Price ₹208.1Apr 26,2024
Market Cap ₹136,795.0 Cr
Earnings-TTM₹6,479.2 CrTTM-Consolidated Results
Price/Earnings21.11xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of GAIL (INDIA)

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 GAIL (INDIA) is calculated as :

Current Market Cap [ ₹136,795.0 Cr] as on Apr 26,2024

(/) Earnings [ ₹6,479.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 21.11x ]

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

Thus, for GAIL (INDIA) , the investors are currently willing to pay 21.11 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 GAIL (INDIA) !

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 GAIL (INDIA) over the last five years.

Historical PE (Price/Earnings) ratio chart of GAIL (INDIA)


PE Ratio Performance Analysis for GAIL (INDIA)

- GAIL (INDIA) 's latest p/e ratio is 21.11x.

- GAIL (INDIA) 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 5.81x.

- GAIL (INDIA) 's operated at median p/e ratio of 3.99x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, GAIL (INDIA) 's p/e ratio peaked in Mar2023 at 12.32x.

- GAIL (INDIA) 's p/e ratio hit its five-year low in Mar2020 of 2.44x.


How does GAIL (INDIA) 's P/E Ratio benchmark against top 10 peers in Industrial Gases & Fuels Industry?

Peer Comparison (Industrial Gases & Fuels Industry)Earnings-TTM (Cr)PE RatioMarket Cap
GAIL (INDIA) 6,479.2021.11136,795.0
LINDE INDIA LTD420.74169.3471,246.0
PETRONET LNG LTD3,384.1813.6846,312.5
CONFIDENCE PETROLEUM INDIA LTD115.1224.952,872.2
IRM ENERGY LTD87.5326.662,333.6
REFEX INDUSTRIES LTD110.2717.641,945.8

Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs GAIL (INDIA) 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 13.68x
Max industry PE 169.34x
Median industry PE 24.95x
Average industry PE 45.56x



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