Mahanagar Gas P/E Ratio
Mahanagar Gas (MGL) P/E ratio is 11.78 (Low), EPS (TTM) ₹105.33, current price ₹1146.00 on NSE vs historical average P/E of 10.31 (66.7th percentile) — Low - May indicate good value opportunity. For live price, revenue and the complete fundamental profile, see MGL stock overview.
Current Valuation Metrics
Valuation Signal
Sector Context
Earnings Breakdown (TTM)
MGL P/E Ratio — Valuation Signal & Historical Context
Mahanagar Gas P/E 11.78 vs historical average 10.31, range 6.46–13.22 — signal: Undervalued. Analyse MGL promoter holding to track promoter, FII and institutional holdings.
- Stock appears undervalued with PE of 11.78, suggesting potential buying opportunity
- Trading at discount to sector average PE of 41.44
Mahanagar Gas P/E Ratio Historical Trend
MGL annual price-to-earnings ratio — 3 years, EPS and year-end price. Current P/E 11.78 vs historical average 10.31. View Mahanagar Gas yearly highs lows for the annual high/low range and current price position.
MGL Historical P/E Ratio — EPS, Year-End Price & Valuation
Mahanagar Gas annual P/E ratio, EPS (₹), year-end price and valuation category on NSE.
| Year | P/E Ratio | EPS (₹) | Year-end Price (₹) | Exchange | Valuation |
|---|---|---|---|---|---|
| 2025 | 13.22 | 97.0 | ₹1282.25 | NSE | Low |
| 2024 | 11.25 | 107.03 | ₹1203.65 | NSE | Low |
| 2023 | 6.46 | 130.89 | ₹845.20 | NSE | Low |
MGL vs Oil & Gas Peers — P/E Ratio Comparison
Mahanagar Gas P/E 11.78 vs Oil & Gas average 41.44, median 22.71 — range 2.35–171.07.
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| DHP India | DHPIND | 2.35 | ₹177 | Low |
| Jindal Drilling & Indust… | JINDRILL | 5.76 | ₹1,425 | Low |
| Oil & Natural Gas Corpor… | ONGC | 8.01 | ₹358,286 | Low |
| RBM Infracon | RBMINFRA | 11.16 | ₹322 | Low |
| Petronet LNG | PETRONET | 11.53 | ₹41,852 | Low |
| Oil India | OIL | 11.69 | ₹80,875 | Low |
| Indraprastha Gas | IGL | 13.93 | ₹23,247 | Low |
| Ganesh Benzoplast | GANESHBE | 15.07 | ₹710 | Moderate |
| Aakash Exploration Servi… | AAKASH | 16.32 | ₹82 | Moderate |
| Hindustan Oil Exploration | HINDOILEXP | 19.57 | ₹2,089 | Moderate |