Home > PE Ratio > INDRAPRASTHA GAS

INDRAPRASTHA GAS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDRAPRASTHA GAS is 19.57.

Share Price ₹453.1Apr 25,2024
Market Cap ₹31,713.5 Cr
Earnings-TTM₹1,620.4 CrTTM-Consolidated Results
Price/Earnings19.57xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for INDRAPRASTHA GAS
Please provide your vote to see the results
INDRAPRASTHA GAS is part of below Screeners ↓
Top Mid Cap Stocks with Best Fundamentals
Top Undervalued Mid Cap Stocks
Best 1M Momentum Mid Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of INDRAPRASTHA 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 INDRAPRASTHA GAS is calculated as :

Current Market Cap [ ₹31,713.5 Cr] as on Apr 25,2024

(/) Earnings [ ₹1,620.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 19.57x ]

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

Thus, for INDRAPRASTHA GAS , the investors are currently willing to pay 19.57 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 INDRAPRASTHA 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 INDRAPRASTHA GAS over the last five years.

Historical PE (Price/Earnings) ratio chart of INDRAPRASTHA GAS


PE Ratio Performance Analysis for INDRAPRASTHA GAS

- INDRAPRASTHA GAS 's latest p/e ratio is 19.57x.

- INDRAPRASTHA GAS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 22.65x.

- INDRAPRASTHA GAS 's operated at median p/e ratio of 21.79x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, INDRAPRASTHA GAS 's p/e ratio peaked in Mar2021 at 30.49x.

- INDRAPRASTHA GAS 's p/e ratio hit its five-year low in Mar2022 of 17.37x.


How does INDRAPRASTHA 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
INDRAPRASTHA GAS 1,620.3619.5731,713.5
ADANI TOTAL GAS LTD589.74171.19100,957.0
GUJARAT GAS LTD1,100.8033.9837,407.1
GUJARAT STATE PETRONET LTD2,068.158.0016,539.9
MAHANAGAR GAS LTD1,292.8911.0614,303.5
CONFIDENCE FUTURISTIC ENERGETECH LTD7.8836.07284.2

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

Top 10 Industry PeersPE Ratio
Min industry PE 8.00x
Max industry PE 171.19x
Median industry PE 33.98x
Average industry PE 46.65x



You may also like the below Video Courses