GAIL (INDIA)
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The Current P/E Ratio of GAIL (INDIA) is 12.52.
Share Price | ₹186.6 | Nov 19,2024 |
Market Cap | ₹122,658.5 Cr | |
Earnings-TTM | ₹9,795.2 Cr | TTM-Consolidated Results |
Price/Earnings | 12.52x | Calculated as Market Cap/Earnings |
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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 [ ₹122,658.5 Cr] as on Nov 19,2024
(/) Earnings [ ₹9,795.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 12.52x ]
Thus, for GAIL (INDIA) , the investors are currently willing to pay 12.52 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 Mar2024 to Mar2020 averaged 7.42x.
- GAIL (INDIA) 's operated at median p/e ratio of 6.54x 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) | 9,795.23 | 12.52 | 122,658.5 |
LINDE INDIA LTD | 437.41 | 129.40 | 56,602.3 |
PETRONET LNG LTD | 3,874.12 | 12.15 | 47,055.0 |
CONFIDENCE PETROLEUM INDIA LTD | 74.76 | 30.69 | 2,294.5 |
IRM ENERGY LTD | 67.28 | 22.75 | 1,530.3 |
REFEX INDUSTRIES LTD | 110.68 | 56.10 | 6,208.5 |
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 | 12.15x |
Max industry PE | 129.40x |
Median industry PE | 30.69x |
Average industry PE | 43.93x |
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