MAHANAGAR GAS
|
The Current P/E Ratio of MAHANAGAR GAS is 12.34.
Share Price | ₹1,337.8 | Aug 01,2025 |
Market Cap | ₹13,217.0 Cr | |
Earnings-TTM | ₹1,071.1 Cr | TTM-Consolidated Results |
Price/Earnings | 12.34x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of MAHANAGAR GAS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹13,217.0 Cr] as on Aug 01,2025
(/) Earnings [ ₹1,071.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.34x ]
Thus, for MAHANAGAR GAS , the investors are currently willing to pay 12.34 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 MAHANAGAR 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 MAHANAGAR GAS over the last five years.
Historical PE (Price/Earnings) ratio chart of MAHANAGAR GAS
PE Ratio Performance Analysis for MAHANAGAR GAS
- MAHANAGAR GAS 's p/e ratio for fiscal years ending Mar2025 to Mar2023 averaged 11.98x.
- MAHANAGAR GAS 's operated at median p/e ratio of 12.31x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 fiscal years, MAHANAGAR GAS 's p/e ratio peaked in Mar2025 at 13.16x.
- MAHANAGAR GAS 's p/e ratio hit its five-year low in Mar2024 of 10.48x.
How does MAHANAGAR 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 |
---|---|---|---|
MAHANAGAR GAS | 1,071.11 | 12.34 | 13,217.0 |
ADANI TOTAL GAS LTD | 626.98 | 104.40 | 65,455.2 |
GUJARAT GAS LTD | 1,143.83 | 25.73 | 29,435.6 |
INDRAPRASTHA GAS LTD | 1,305.31 | 21.61 | 28,210.0 |
GUJARAT STATE PETRONET LTD | 1,697.95 | 10.26 | 17,422.8 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 7.78 | 22.36 | 174.0 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PE Analysis vs MAHANAGAR GAS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 10.26x |
Max industry PE | 104.40x |
Median industry PE | 22.36x |
Average industry PE | 32.78x |
You may also like the below Video Courses