Home > PS Ratio > MAHANAGAR GAS

MAHANAGAR GAS
PS (Price/Sales) Ratio

The Current P/S Ratio of MAHANAGAR GAS is 2.02.

Share Price ₹1,441.2Oct 31,2024
Market Cap ₹14,238.6 Cr
Sales-TTM₹7,064.8 CrTTM-Standalone Results
Price/Sales2.02xCalculated as Market Cap/Sales
Explore Stock Analytics
COMMUNITY POLL
for MAHANAGAR GAS
Please provide your vote to see the results
MAHANAGAR GAS is part of below Screeners ↓
Top Small Cap Stocks with Best Fundamentals
Top Undervalued Small Cap Stocks

Definition & Calculation of PS (Price/Sales) ratio of MAHANAGAR GAS

Price-to-Sales ratio, P/S Multiple, or P/S Ratio is an important valuation multiple that is defined as:

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of MAHANAGAR GAS is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 2.02x.

- 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 RatioMarket Cap (Cr)
MAHANAGAR GAS 7,064.82.0214,238.6
ADANI TOTAL GAS LTD5,059.815.6279,032.4
GUJARAT GAS LTD16,984.12.1035,748.1
INDRAPRASTHA GAS LTD15,870.51.8529,410.5
GUJARAT STATE PETRONET LTD18,538.61.1821,945.0
CONFIDENCE FUTURISTIC ENERGETECH LTD180.90.94170.3

Gas Transmission/Marketing Industry Benchmark (Top 10) PS Analysis vs MAHANAGAR GAS 's P/S Ratio

Top 10 Industry PeersPS Ratio
Min industry PS 0.94x
Max industry PS 15.62x
Median industry PS 2.02x
Average industry PS 3.95x



You may also like the below Video Courses