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Mahanagar Gas Ltd PE Ratio

Mahanagar Gas Ltd PE Ratio

stocks purchased

₹ 33.5 Cr

Volume Transacted

(Nov 22, 2024)

stocks purchased

288.6 K

Stocks Traded

(Nov 22, 2024)

Last Updated on: Nov 22, 2024

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Mahanagar Gas Ltd

NSE: MGL

PE

9.7

Last updated on: Nov 22, 2024

Key Highlights

  • The P/E Ratio of Mahanagar Gas Ltd is 9.7 as of 22 Nov 13:56 PM .
  • The P/E Ratio of Mahanagar Gas Ltd changed from 12.3 on March 2023 to 10.6 on March 2024 . This represents a CAGR of -7.17% over 2 years.
  • The Latest Trading Price of Mahanagar Gas Ltd is ₹ 1162 as of 22 Nov 13:48 .
  • The PE Ratio of Gas Distribution Industry has changed from 15.1 to 18.9 in 5 years. This represents a CAGR of 4.59%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of Gas Distribution industry is 17.9. The PE Ratio of IT - Software industry is 30.3. The PE Ratio of Retail industry is 157.7. The PE Ratio of Textiles industry is 37.6 in 2024.

Historical P/E Ratio of Mahanagar Gas Ltd

No data available

Company Fundamentals for Mahanagar Gas Ltd

No data available

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Mahanagar Gas Ltd

NSE: MGL

Share Price

₹ 1162.2

36.30 (3.22%)

stock direction

Last updated on: Nov 22, 2024

Market Price of Mahanagar Gas Ltd

1M

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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
12 Nov 20241369.25
11 Nov 20241401.05
08 Nov 20241419.55
07 Nov 20241437.2
06 Nov 20241435.9

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/E Ratio

Company NamePEMarket Cap (INR Cr.)
Mahanagar Gas Ltd911,121
GAIL (India) Ltd101,23,875
Adani Total Gas Ltd9466,247
Petronet LNG Ltd1248,293
Gujarat Gas Ltd2531,246
Indraprastha Gas Ltd1121,763

Key Valuation Metric of Mahanagar Gas Ltd

No data available

No data available

PE Ratio of Gas Distribution Industry over time

PE Ratio of Top Sectors

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

Historical Dividend Payout of Mahanagar Gas Ltd

No data available

* All values are in %

About Mahanagar Gas Ltd

  • Mahanagar Gas Limited (MGL) is one of the largest city gas distribution (CGD) companies in India.
  • MGL is the sole authorised distributor of compressed natural gas (CNG) and piped natural gas (PNG) in Mumbai, Thane urban and adjoining municipalities and the Raigad district in the state of Maharashtra, India.
  • The company distributes CNG for use in motor vehicles and PNG for domestic household as well as for commercial and industrial use.
  • MGL distributes natural gas through an extensive CGD network of pipelines. Mahanagar Gas Limited (MGL) was incorporated in 1995, a joint venture between the Gas Authority of India Limited (GAIL), the BG Group UK (formerly British Gas), and the Government of Maharashtra. During the year 2002-2003, the company expanded the Compressed Natural Gas (CNG) distribution network across the city of Mumbai and in the same year, the company set up additional 45 CNG outlets.

Mahanagar Gas Ltd News Hub

News

Mahanagar Gas schedules AGM

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

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2024-08-01 00:00:00

News

Mahanagar Gas consolidated net profit declines 16.25% in the September 2024 quarter

Net profit of Mahanagar Gas declined 16.25% to Rs 283.51 crore in the quarter ended Septem...

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2024-10-25 00:00:00

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...

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2024-10-25 00:00:00

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...

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2024-10-19 00:00:00

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

2024-10-18 00:00:00

Product Composition

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Mahanagar Gas Ltd

What is the current PE Ratio of Mahanagar Gas Ltd?

The Current PE Ratio of Mahanagar Gas Ltd is 9.74 as on 22 Nov 2024.

What is the average PE Ratio of the Gas Distribution industry?

The average industry PE Ratio of Gas Distribution is 17.9 as on 22 Nov 2024.

What was the PE Ratio of Mahanagar Gas Ltd last year?

The PE Ratio of Mahanagar Gas Ltd was 12.31 last year, now the PE ratio is 9.74, showing a year-on-year growth of -20.9%.

What does the PE Ratio of Mahanagar Gas Ltd indicate about its stock?

The PE Ratio of Mahanagar Gas Ltd is 9.74. This ratio indicates that investors are willing to pay 9.74 times the earnings per share for each share of Mahanagar Gas Ltd.

What is the PE Ratio Growth of Mahanagar Gas Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Mahanagar Gas Ltd grew by -20.9% whereas, the EPS ratio grew by -1.8.
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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