MAHANAGAR GAS
|
The Current P/S Ratio of MAHANAGAR GAS is 2.02.
Share Price | ₹1,441.2 | Oct 31,2024 |
Market Cap | ₹14,238.6 Cr | |
Sales-TTM | ₹7,064.8 Cr | TTM-Standalone Results |
Price/Sales | 2.02x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of MAHANAGAR GAS
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹14,238.6 Cr] as on Oct 31,2024
(/) Sales [ ₹7,064.8 Cr] based on TTM-Standalone Results
(=) P/S Ratio [ 2.02x ]
Thus, for MAHANAGAR GAS , the investors are currently willing to pay '2.02 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of MAHANAGAR GAS !
The chart below summarizes the trend in P/S Ratio of MAHANAGAR GAS over the last five years.
Historical PS (Price/Sales) ratio chart of MAHANAGAR GAS
PS Ratio Performance Analysis for MAHANAGAR GAS
- MAHANAGAR GAS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.79x.
- MAHANAGAR GAS 's operated at median p/e ratio of 2.16x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAHANAGAR GAS 's p/e ratio peaked in Mar2021 at 5.36x.
- MAHANAGAR GAS 's p/e ratio hit its five-year low in Mar2023 of 1.54x.
How does MAHANAGAR GAS 's P/S Ratio benchmark against top 10 peers in Gas Transmission/Marketing Industry?
Peer Comparison (Gas Transmission/Marketing Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
MAHANAGAR GAS | 7,064.8 | 2.02 | 14,238.6 |
ADANI TOTAL GAS LTD | 5,059.8 | 15.62 | 79,032.4 |
GUJARAT GAS LTD | 16,984.1 | 2.10 | 35,748.1 |
INDRAPRASTHA GAS LTD | 15,870.5 | 1.85 | 29,410.5 |
GUJARAT STATE PETRONET LTD | 18,538.6 | 1.18 | 21,945.0 |
CONFIDENCE FUTURISTIC ENERGETECH LTD | 180.9 | 0.94 | 170.3 |
Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs MAHANAGAR GAS 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.94x |
Max industry PS | 15.62x |
Median industry PS | 2.02x |
Average industry PS | 3.95x |
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