INDRAPRASTHA GAS
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The Current P/E Ratio of INDRAPRASTHA GAS is 20.08.
Share Price | ₹389.8 | Jan 29,2025 |
Market Cap | ₹27,282.5 Cr | |
Earnings-TTM | ₹1,358.4 Cr | TTM-Consolidated Results |
Price/Earnings | 20.08x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of INDRAPRASTHA GAS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹27,282.5 Cr] as on Jan 29,2025
(/) Earnings [ ₹1,358.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 20.08x ]
Thus, for INDRAPRASTHA GAS , the investors are currently willing to pay 20.08 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 p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 20.63x.
- INDRAPRASTHA GAS 's operated at median p/e ratio of 18.29x 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 Mar2024 of 15.2x.
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 Ratio | Market Cap |
---|---|---|---|
INDRAPRASTHA GAS | 1,358.38 | 20.08 | 27,282.5 |
ADANI TOTAL GAS LTD | 654.72 | 104.79 | 68,606.1 |
GUJARAT GAS LTD | 1,266.59 | 25.52 | 32,323.4 |
GUJARAT STATE PETRONET LTD | 2,136.63 | 8.98 | 19,188.8 |
MAHANAGAR GAS LTD | 1,057.69 | 11.85 | 12,531.9 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 3.90 | 67.92 | 265.0 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PE Analysis vs INDRAPRASTHA GAS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 8.98x |
Max industry PE | 104.79x |
Median industry PE | 25.52x |
Average industry PE | 39.86x |
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