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Mahanagar Gas Ltd

NSE: MGL BSE: 539957

₹1095

(0.74%)

Sat, 30 May 2026, 07:53 pm

Mahanagar Gas Ratios

Particulars201020112012201320142015201620172018201920202021202220232024
Price to earnings ratio00000022.4719.9018.9310.1818.6112.9012.3110.4813.16
Price to book ratio0000004.804.544.312.743.572.142.352.622.33
Price to sales ratio0000004.354.263.712.725.362.161.542.141.89
Price to cash flow ratio00000015.8213.9714.337.8413.718.149.588.349.49
Enterprise value00000082.25B87.2B93.88B67.95B100.67B62.5B83B121.7B125.08B
Enterprise value to EBITDA ratio00000012.6611.1010.486.3910.526.576.876.507.82
Debt to equity ratio0.010.010.010.010.0100000.020.020.030.030.030.03
Return on equity %031.0526.5423.9822.2619.8322.0524.2924.3229.6620.0317.4820.4427.7118.90

Mahanagar Gas Ltd Ratios

The Mahanagar Gas Ltd Ratios page provides a complete fundamental analysis of Mahanagar Gas Ltd using key valuation, profitability, and financial strength metrics. Investors tracking Mahanagar Gas Ltd Ratios closely monitor D/E, EV, EV/EBITDA, P/B, P/CF, P/E, P/S, and ROE% to evaluate the company's financial performance and valuation trends over time.

Mahanagar Gas Ltd (NSE: MGL, BSE: 539957) is currently trading at ₹1095, with a market capitalization of ₹107.49B. As a major player in the Utilities sector and Gas distributors industry, Mahanagar Gas Ltd remains a key stock for fundamental analysis using Mahanagar Gas Ltd Ratios.

Mahanagar Gas Ltd Ratios: Valuation Overview

Price to Earnings Ratio (P/E)

The Mahanagar Gas Ltd P/E ratio currently stands at 13.16, making it one of the most tracked metrics in Mahanagar Gas Ltd Ratios.

Historically, the Mahanagar Gas Ltd P/E ratio has shown strong fluctuations:

  • 2024: 13.16
  • 2023: 10.48
  • 2022: 12.31
  • 2021: 12.90
  • 2020: 18.61

The rising Mahanagar Gas Ltd P/E ratio indicates increasing investor confidence and premium valuation.

Price to Book Ratio (P/B)

The Mahanagar Gas Ltd P/B ratio reflects how the market values the company's net assets. Current P/B ratio is 2.33.

Historical P/B trend:

  • 2024: 2.33
  • 2023: 2.62
  • 2022: 2.35
  • 2021: 2.14

Mahanagar Gas Ltd shows reasonable valuation compared to its asset base.

Price to Sales Ratio (P/S)

The Mahanagar Gas Ltd P/S ratio currently stands at 1.89, an important part of Mahanagar Gas Ltd Ratios for revenue valuation.

Historical P/S ratio:

  • 2024: 1.89
  • 2023: 2.14
  • 2022: 1.54
  • 2021: 2.16

A stable or declining Mahanagar Gas Ltd P/S ratio indicates cautious market sentiment.

Mahanagar Gas Ltd Price to Cash Flow Ratio (P/CF)

The Mahanagar Gas Ltd Price to Cash Flow Ratio is a key valuation metric that shows how much investors pay for each unit of cash flow. Current P/CF ratio is 9.49.

Historical Mahanagar Gas Ltd Price to Cash Flow Ratio:

  • 2024: 9.49
  • 2023: 8.34
  • 2022: 9.58
  • 2021: 8.14
  • 2020: 13.71

The rising Mahanagar Gas Ltd Price to Cash Flow Ratio indicates premium valuation based on cash flow.

Mahanagar Gas Ltd Enterprise Value Ratios

Enterprise Value (EV)

The Mahanagar Gas Ltd EV currently stands at ₹125.08B, representing the total company valuation including debt.

Historical EV trend:

  • 2024: 125.08B
  • 2023: 121.7B
  • 2022: 83B
  • 2021: 62.5B

Mahanagar Gas Ltd enterprise value shows long-term growth, reflecting expansion and market confidence.

EV/EBITDA Ratio

The Mahanagar Gas Ltd EV/EBITDA ratio is currently 7.82, a key metric in Mahanagar Gas Ltd Ratios to assess valuation relative to earnings.

Historical EV/EBITDA:

  • 2024: 7.82
  • 2023: 6.50
  • 2022: 6.87
  • 2021: 6.57

Higher Mahanagar Gas Ltd EV/EBITDA suggests premium valuation.

Mahanagar Gas Ltd Financial Strength Ratios

Debt to Equity Ratio (D/E)

The Mahanagar Gas Ltd D/E ratio is currently 0.03, reflecting leverage and financial stability.

Historical D/E:

  • 2024: 0.03
  • 2023: 0.03
  • 2022: 0.03
  • 2021: 0.03

Mahanagar Gas Ltd maintains a strong balance sheet with low debt levels.

Return on Equity (ROE %)

The Mahanagar Gas Ltd ROE currently stands at 18.90%, showing profitability and capital efficiency.

Historical ROE:

  • 2024: 18.90
  • 2023: 27.71
  • 2022: 20.44
  • 2021: 17.48

Mahanagar Gas Ltd maintains stable profitability levels.

Mahanagar Gas Ltd Ratios Analysis Summary

The Mahanagar Gas Ltd Ratios page provides a comprehensive view of the company's valuation and financial performance. Key metrics such as P/E, P/B, P/S, P/CF, EV, EV/EBITDA, D/E, and ROE help investors understand whether Mahanagar Gas Ltd stock is undervalued, fairly valued, or overvalued.

Tracking Mahanagar Gas Ltd Ratios regularly helps investors make informed decisions based on valuation trends, financial stability, and long-term growth potential.