Mahanagar Gas P/E Ratio
Mahanagar Gas (MGL) P/E ratio is 15.6 (Moderate), EPS (TTM) ₹85.15, current price ₹1111.40 on NSE vs historical average P/E of 10.31 (100.0th percentile) — Moderate - Fairly valued. Read MGL dividend track record for the complete payout history and dividend yield track record.
Current Valuation Metrics
Valuation Signal
Sector Context
Earnings Breakdown (TTM)
MGL P/E Ratio — Valuation Signal & Historical Context
Mahanagar Gas P/E 15.6 vs historical average 10.31, range 6.46–13.22 — signal: Fairly Valued. For live price, revenue and the complete fundamental profile, see Mahanagar Gas screener.
- Current PE is 51.3% above historical average
- Trading at discount to sector average PE of 161.23
Mahanagar Gas P/E Ratio Historical Trend
MGL annual price-to-earnings ratio — 3 years, EPS and year-end price. Current P/E 15.6 vs historical average 10.31. See Mahanagar Gas P/B valuation to compare market price against book value per share.
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 15.6 vs Oil & Gas average 161.23, median 18.72 — range 5.76–1985.0.
| Company | Symbol | P/E Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Jindal Drilling & Indust… | JINDRILL | 5.76 | ₹1,425 | Low |
| Oil & Natural Gas Corpor… | ONGC | 6.68 | ₹300,480 | Low |
| Oil India | OIL | 8.02 | ₹77,207 | Low |
| Petronet LNG | PETRONET | 10.07 | ₹42,270 | Low |
| RBM Infracon | RBMINFRA | 11.16 | ₹322 | Low |
| Ganesh Benzoplast | GANESHBE | 11.35 | ₹847 | Low |
| Repono | REPONO | 13.13 | ₹88 | Low |
| DHP India | DHPIND | 13.99 | ₹154 | Low |
| Indraprastha Gas | IGL | 15.69 | ₹21,140 | Moderate |
| IRM Energy | IRMENERGY | 16.51 | ₹1,242 | Moderate |