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Mahanagar Gas Ltd PB Ratio

Mahanagar Gas Ltd PB Ratio

stocks purchased

₹ 1.4 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

9.5 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Mahanagar Gas Ltd

NSE: MGL

PB

2.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Mahanagar Gas Ltd is 2.6 as of 07 Nov 24.
  • The P/B Ratio of Mahanagar Gas Ltd changed from 2.3 on March 2023 to 2.6 on March 2024 . This represents a CAGR of 6.32% over 2 years. .

Historical P/B Ratio of Mahanagar Gas Ltd

No data available

Company Fundamentals for Mahanagar Gas Ltd

Market Cap

14,196 Cr

EPS

115.6

P/E Ratio (TTM) *

12.4

P/B Ratio (TTM) *

2.6

Day’s High *

1463.0

Day’s Low

1426.0

DTE *

0.0

ROE *

20.6

52 Week High

1988.55

52 Week Low

1018.0

ROCE *

27.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Mahanagar Gas Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 20241437.2
06 Nov 20241435.9
05 Nov 20241379
04 Nov 20241387.85
01 Nov 20241447.45
31 Oct 20241441.15
30 Oct 20241441.4
29 Oct 20241426.05
28 Oct 20241415.75
25 Oct 20241496.55

SWOT Analysis Of Mahanagar Gas Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Mahanagar Gas Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Mahanagar Gas Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Mahanagar Gas Ltd214,196
GAIL (India) Ltd1071,38,373
Adani Total Gas Ltd3579,874
Petronet LNG Ltd12351,975
Gujarat Gas Ltd11537,194
Indraprastha Gas Ltd13430,583

Key Valuation Metric of Mahanagar Gas Ltd

Share Price

₹1,444

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Revenue of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical EBITDA of Mahanagar Gas Ltd

No data available

* All values are in crore

Historical Net Profit of Mahanagar Gas Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Mahanagar Gas Ltd News Hub

News

Mahanagar Gas to undertake battery cell manufacturing with International Battery Co

In a regulatory filing made post trading hours on Thursday, MGL stated that it has signed ...

Read more

08 Nov 202409:39

News

Mahanagar Gas declines after weak Q2 performance

EBITDA fell by 16.8% to Rs 282.8 crore in Q2 FY25 from Rs 338.5 crore in Q2 FY24. EBITDA m...

Read more

25 Oct 202410:04

News

Mahanagar Gas to convene board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 24 October 2...

Read more

19 Oct 202409:48

News

Gas stocks plunge after Govt cuts domestic gas allocation

Mahanagar Gas (down 12.03%), Indraprastha Gas (down 10.55%), Adani Total Gas (down 1.19%),...

Read more

18 Oct 202411:47

News

Mahanagar Gas schedules AGM

Mahanagar Gas announced that the 29th Annual General Meeting (AGM) of the company will be ...

Read more

01 Aug 202417:50

News

Mahanagar Gas Q1 PAT slides 22% YoY to Rs 284 cr

Revenue from operations (excluding excise duty) increased 3.37% year-over-year (YoY) to Rs...

Read more

26 Jul 202412:53

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FAQs for PB Ratio of Mahanagar Gas Ltd

What is the PB ratio of Mahanagar Gas Ltd?

The current PB ratio of Mahanagar Gas Ltd is 2.57. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Mahanagar Gas Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Mahanagar Gas Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Mahanagar Gas Ltd calculated?

The PB ratio of Mahanagar Gas Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Mahanagar Gas Ltd?

A high PB ratio suggests that Mahanagar Gas Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Mahanagar Gas Ltd?

A low PB ratio of Mahanagar Gas Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Mahanagar Gas Ltd PB Ratio change over time?

Yes, the PB ratio of Mahanagar Gas Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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