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Mahanagar Gas Ltd

NSE: MGL BSE: 539957

₹1126.40

(-0.44%)

Fri, 27 Feb 2026, 09:20 pm

Mahanagar Gas PE 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 Earnings Ratio

The Mahanagar Gas Ltd Price to Earnings 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 Earnings 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 ₹1126.40, with a market capitalization of ₹109.47B. As a leading company in the Utilities sector and Gas distributors industry, monitoring the Mahanagar Gas Ltd Price to Earnings Ratio is essential for fundamental analysis.

Mahanagar Gas Ltd Price to Earnings Ratio Current Value

The current Mahanagar Gas Ltd Price to Earnings Ratio stands at 13.16.

The latest Mahanagar Gas Ltd Price to Earnings Ratio has increased compared to the previous period, indicating rising valuation or improved investor sentiment.

Mahanagar Gas Ltd Price to Earnings Ratio Historical Trend

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

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

The recent rise in Mahanagar Gas Ltd Price to Earnings Ratio suggests strengthening valuation trends and improving market sentiment.

What Mahanagar Gas Ltd Price to Earnings Ratio Indicates for Investors

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

A higher P/E ratio indicates investors expect strong future earnings growth, while a lower ratio may signal undervaluation.

Mahanagar Gas Ltd Price to Earnings Ratio Analysis Summary

The Mahanagar Gas Ltd Price to Earnings Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Mahanagar Gas Ltd Price to Earnings 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 Earnings Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800