ADANI TOTAL GAS
|
The Current P/E Ratio of ADANI TOTAL GAS is 107.98.
Share Price | ₹672.3 | Nov 19,2024 |
Market Cap | ₹73,934.1 Cr | |
Earnings-TTM | ₹684.7 Cr | TTM-Consolidated Results |
Price/Earnings | 107.98x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of ADANI TOTAL GAS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹73,934.1 Cr] as on Nov 19,2024
(/) Earnings [ ₹684.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 107.98x ]
Thus, for ADANI TOTAL GAS , the investors are currently willing to pay 107.98 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 ADANI TOTAL 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 ADANI TOTAL GAS over the last five years.
Historical PE (Price/Earnings) ratio chart of ADANI TOTAL GAS
PE Ratio Performance Analysis for ADANI TOTAL GAS
- ADANI TOTAL GAS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 208.22x.
- ADANI TOTAL GAS 's operated at median p/e ratio of 174.52x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI TOTAL GAS 's p/e ratio peaked in Mar2022 at 463.92x.
- ADANI TOTAL GAS 's p/e ratio hit its five-year low in Mar2020 of 21.78x.
How does ADANI TOTAL 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 |
---|---|---|---|
ADANI TOTAL GAS | 684.68 | 107.98 | 73,934.1 |
GUJARAT GAS LTD | 1,266.59 | 24.50 | 31,032.6 |
INDRAPRASTHA GAS LTD | 1,504.57 | 14.90 | 22,421.0 |
GUJARAT STATE PETRONET LTD | 2,136.63 | 8.58 | 18,331.2 |
MAHANAGAR GAS LTD | 1,149.50 | 9.68 | 11,123.4 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 3.90 | 41.35 | 161.3 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PE Analysis vs ADANI TOTAL GAS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.58x |
Max industry PE | 107.98x |
Median industry PE | 24.50x |
Average industry PE | 34.50x |
You may also like the below Video Courses