Home > PS Ratio > MAHANAGAR GAS

MAHANAGAR GAS
PS (Price/Sales) Ratio

The Current P/S Ratio of MAHANAGAR GAS is 1.91.

Share Price ₹1,542.2Jul 04,2025
Market Cap ₹15,236.9 Cr
Sales-TTM₹7,979.0 CrTTM-Consolidated Results
Price/Sales1.91xCalculated 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 Undervalued Small Cap Stocks
Best 1M Momentum 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 [ ₹15,236.9 Cr] as on Jul 04,2025

(/) Sales [ ₹7,979.0 Cr] based on TTM-Consolidated Results

(=) P/S Ratio [ 1.91x ]

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 '1.91 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 1.91x.

- MAHANAGAR GAS 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 1.84x.

- MAHANAGAR GAS 's operated at median p/e ratio of 2.14x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, MAHANAGAR GAS 's p/e ratio peaked in Mar2024 at 2.14x.

- 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 7,979.01.9115,236.9
ADANI TOTAL GAS LTD5,411.713.4172,571.0
GUJARAT GAS LTD17,185.01.9633,665.7
INDRAPRASTHA GAS LTD16,466.71.9231,675.0
GUJARAT STATE PETRONET LTD18,068.11.0518,895.4
CONFIDENCE FUTURISTIC ENERGETECH LTD249.40.78193.4

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

Top 10 Industry PeersPS Ratio
Min industry PS 0.78x
Max industry PS 13.41x
Median industry PS 1.92x
Average industry PS 3.50x



You may also like the below Video Courses