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Mahanagar Gas Ltd PB Ratio

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Mahanagar Gas Ltd

NSE: MGL

PB

2

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Mahanagar Gas Ltd is 2.
  • The PB ratio of the Mahanagar Gas Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • 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

11,121 Cr

EPS

115.6

P/E Ratio (TTM)

9.7

P/B Ratio (TTM)

2.0

Day’s High

1169.25

Day’s Low

1122.4

DTE

0.0

ROE

20.6

52 Week High

1988.55

52 Week Low

1018.0

ROCE

27.2

Market Price of Mahanagar Gas Ltd

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
21 Nov 20241125.9
19 Nov 20241126.1
18 Nov 20241130.55
14 Nov 20241311.4
13 Nov 20241330.05

SWOT Analysis Of Mahanagar Gas Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Mahanagar Gas Ltd

Asset Value vs Market Value of Mahanagar Gas Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Mahanagar Gas Ltd2.01
GAIL (India) Ltd109.6
Adani Total Gas Ltd35.8
Petronet LNG Ltd124.0
Gujarat Gas Ltd117.4

Historical Market Cap of Mahanagar Gas Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Mahanagar Gas Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 2.01. 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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