Adani Total Gas P/B Ratio
Adani Total Gas (ATGL) P/B ratio is 13.44 (High), book value per share ₹442.27 vs Oil & Gas average P/B of 3.7 — Very High - Significant premium, high growth expectations or speculative. Analyse ATGL FII DII holdings to track promoter, FII and institutional holdings.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
ATGL P/B Ratio — Valuation Insights & Book Value Analysis
Adani Total Gas price-to-book ratio interpretation, valuation status and historical context — current P/B 13.44 (High). View ATGL price range for the annual high/low range and current price position.
- Stock appears overvalued with PB of 13.44, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 162.0% above historical average
- Trading at premium to sector average PB of 3.7
Adani Total Gas P/B Ratio Historical Trend
ATGL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. For live price, earnings yield and the full fundamental profile, see Adani Total Gas screener.
ATGL Historical P/B Ratio — Book Value Per Share & Year-End Price
Adani Total Gas annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 1.32 | ₹442.27 | ₹583.05 | ₹4,865 | Moderate |
| 2025 | 1.48 | ₹382.45 | ₹566.70 | ₹4,207 | Moderate |
| 2024 | 2.34 | ₹325.45 | ₹761.05 | ₹3,580 | Moderate |
| 2023 | 3.7 | ₹267.36 | ₹987.95 | ₹2,941 | High |
| 2022 | 16.81 | ₹219.64 | ₹3692.85 | ₹2,416 | High |
ATGL vs Oil & Gas Peers — P/B Ratio Comparison
Adani Total Gas P/B 13.44 vs Oil & Gas average 3.7, median 1.77 — range -0.01–19.62.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aban Offshore | ABAN | -0.01 | ₹151 | Low |
| DHP India | DHPIND | 0.63 | ₹152 | Low |
| Alphageo | ALPHAGEO | 0.72 | ₹180 | Low |
| Jindal Drilling & Indust… | JINDRILL | 0.76 | ₹1,425 | Low |
| Oil & Natural Gas Corpor… | ONGC | 0.76 | ₹279,748 | Low |
| IRM Energy | IRMENERGY | 1.09 | ₹1,097 | Moderate |
| Deep Industries | DEEPINDS | 1.22 | ₹2,622 | Moderate |
| Oil India | OIL | 1.33 | ₹76,125 | Moderate |
| Aakash Exploration Servi… | AAKASH | 1.45 | ₹85 | Moderate |
| Ganesh Benzoplast | GANESHBE | 1.54 | ₹896 | Moderate |