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Mahanagar Gas Ltd PE Ratio

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Mahanagar Gas Ltd

NSE: MGL

PE

11

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Mahanagar Gas Ltd is 11 as of 15 Jan 10:46 AM .
  • 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 ₹ 1284 as of 15 Jan 10:39 .
  • The PE Ratio of Gas Distribution Industry has changed from 7.6 to 17.9 in 5 years. This represents a CAGR of 18.69%.
  • 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 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Mahanagar Gas Ltd

No data available

Company Fundamentals for Mahanagar Gas Ltd

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Mahanagar Gas Ltd

NSE: MGL

Share Price

₹ 1284

12.90 (1.01%)

stock direction

Last updated on: Jan 15, 2025

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
14 Jan 20251271.1
13 Jan 20251227.95
10 Jan 20251286
09 Jan 20251273.2
08 Jan 20251251.5
07 Jan 20251241.9
06 Jan 20251273.15
03 Jan 20251313.3
02 Jan 20251296.15
01 Jan 20251282.3

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/E Ratio

Company
leftMarket Capright
Mahanagar Gas Ltd12555
GAIL (India) Ltd115656
Adani Total Gas Ltd73599
Petronet LNG Ltd48855
Gujarat Gas Ltd33576

PE Ratio of Mahanagar Gas Ltd Explained

``

12555

Market cap

1141

Earnings

11.0X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

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, EBITDA and Net Profit of Mahanagar Gas Ltd

Revenue

EBITDA

Net Profit

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

Mahanagar Gas schedules AGM

Mahanagar Gas announced that the 29th Annual General Meeting (AGM) of the company will be held on 23

Read more

2024-08-01 00:00:00

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 September 2024 a

Read more

2024-10-25 00:00:00

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 margin for

Read more

2024-10-25 00:00:00

Mahanagar Gas to convene board meeting

Mahanagar Gas will hold a meeting of the Board of Directors of the Company on 24 October 2024. Power

Read more

2024-10-19 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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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 11.0 as on 15 Jan 2025.

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

The average industry PE Ratio of Gas Distribution is 17.9 as on 15 Jan 2025.

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 11.0, showing a year-on-year growth of -10.6%.

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

The PE Ratio of Mahanagar Gas Ltd is 11.0. This ratio indicates that investors are willing to pay 11.0 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 -10.6% 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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