GAIL (INDIA)
|
The Current P/E Ratio of GAIL (INDIA) is 21.11.
Share Price | ₹208.1 | Apr 26,2024 |
Market Cap | ₹136,795.0 Cr | |
Earnings-TTM | ₹6,479.2 Cr | TTM-Consolidated Results |
Price/Earnings | 21.11x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of GAIL (INDIA)
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
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 ]
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 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 Ratio | Market Cap |
---|---|---|---|
GAIL (INDIA) | 6,479.20 | 21.11 | 136,795.0 |
LINDE INDIA LTD | 420.74 | 169.34 | 71,246.0 |
PETRONET LNG LTD | 3,384.18 | 13.68 | 46,312.5 |
CONFIDENCE PETROLEUM INDIA LTD | 115.12 | 24.95 | 2,872.2 |
IRM ENERGY LTD | 87.53 | 26.66 | 2,333.6 |
REFEX INDUSTRIES LTD | 110.27 | 17.64 | 1,945.8 |
Industrial Gases & Fuels Industry Benchmark (Top 10) PE Analysis vs GAIL (INDIA) 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.68x |
Max industry PE | 169.34x |
Median industry PE | 24.95x |
Average industry PE | 45.56x |
You may also like the below Video Courses