GUJARAT GAS
|
The Current P/E Ratio of GUJARAT GAS is 19.51.
| Share Price | ₹328.5 | Mar 24,2026 |
| Market Cap | ₹22,610.5 Cr | |
| Earnings-TTM | ₹1,158.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 19.51x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of GUJARAT GAS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹22,610.5 Cr] as on Mar 24,2026
(/) Earnings [ ₹1,158.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 19.51x ]
Thus, for GUJARAT GAS , the investors are currently willing to pay 19.51 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 GUJARAT 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 GUJARAT GAS over the last five years.
Historical PE (Price/Earnings) ratio chart of GUJARAT GAS
PE Ratio Performance Analysis for GUJARAT GAS
- GUJARAT GAS 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 26.97x.
- GUJARAT GAS 's operated at median p/e ratio of 26.88x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GUJARAT GAS 's p/e ratio peaked in Mar2024 at 32.76x.
- GUJARAT GAS 's p/e ratio hit its five-year low in Mar2023 of 20.71x.
How does GUJARAT 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 Ratio | Market Cap |
|---|---|---|---|
| GUJARAT GAS | 1,158.70 | 19.51 | 22,610.5 |
| ADANI TOTAL GAS LTD | 626.01 | 91.62 | 57,355.1 |
| INDRAPRASTHA GAS LTD | 1,314.90 | 15.98 | 21,007.0 |
| GUJARAT STATE PETRONET LTD | 1,609.23 | 8.11 | 13,053.0 |
| CONFIDENCE FUTURISTIC ENERGETECH LTD | 5.81 | 15.07 | 87.5 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PE Analysis vs GUJARAT GAS 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 8.11x |
| Max industry PE | 91.62x |
| Median industry PE | 15.98x |
| Average industry PE | 30.06x |
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