GUJARAT GAS
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The Current P/E Ratio of GUJARAT GAS is 23.50.
Share Price | ₹432.3 | Apr 15,2025 |
Market Cap | ₹29,759.5 Cr | |
Earnings-TTM | ₹1,266.2 Cr | TTM-Consolidated Results |
Price/Earnings | 23.50x | Calculated as Market Cap/Earnings |
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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 [ ₹29,759.5 Cr] as on Apr 15,2025
(/) Earnings [ ₹1,266.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.50x ]
Thus, for GUJARAT GAS , the investors are currently willing to pay 23.50 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 Mar2024 to Mar2020 averaged 24.70x.
- 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 Mar2020 of 13.36x.
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 | 1,266.19 | 23.50 | 29,759.5 |
ADANI TOTAL GAS LTD | 654.72 | 102.68 | 67,225.9 |
INDRAPRASTHA GAS LTD | 1,358.38 | 18.44 | 25,046.0 |
GUJARAT STATE PETRONET LTD | 2,009.61 | 8.84 | 17,755.7 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 5.26 | 38.67 | 203.3 |
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 | 8.84x |
Max industry PE | 102.68x |
Median industry PE | 23.50x |
Average industry PE | 38.42x |
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