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Mahanagar Gas Ltd

NSE: MGL BSE: 539957

₹1095

(0.74%)

Sat, 30 May 2026, 08:45 pm

Mahanagar Gas PB Ratio

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 Price to Book Ratio

The Mahanagar Gas Ltd Price to Book Ratio is a key financial metric used by investors to evaluate Mahanagar Gas Ltd's valuation, profitability, and overall financial performance. Tracking the Mahanagar Gas Ltd Price to Book Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.

Mahanagar Gas Ltd (NSE: MGL, BSE: 539957) is currently trading at ₹1095, with a market capitalization of ₹107.49B. As a leading company in the Utilities sector and Gas distributors industry, monitoring the Mahanagar Gas Ltd Price to Book Ratio is essential for fundamental analysis.

Mahanagar Gas Ltd Price to Book Ratio Current Value

The current Mahanagar Gas Ltd Price to Book Ratio stands at 2.33.

The Mahanagar Gas Ltd Price to Book Ratio has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.

Mahanagar Gas Ltd Price to Book Ratio Historical Trend

The Mahanagar Gas Ltd Price to Book Ratio has shown the following historical trend:

  • 2024: 2.33
  • 2023: 2.62
  • 2022: 2.35
  • 2021: 2.14
  • 2020: 3.57

The decline in Mahanagar Gas Ltd Price to Book Ratio indicates improving financial efficiency or better earnings growth.

What Mahanagar Gas Ltd Price to Book Ratio Indicates for Investors

The Mahanagar Gas Ltd Price to Book Ratio plays a crucial role in understanding the company's financial health and valuation.

The P/B ratio shows how the market values company assets relative to book value.

Mahanagar Gas Ltd Price to Book Ratio Analysis Summary

The Mahanagar Gas Ltd Price to Book Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Mahanagar Gas Ltd Price to Book Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.

Regular tracking of Mahanagar Gas Ltd Price to Book Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.