Mahanagar Gas P/E Ratio

Current P/E Ratio
15.6
Moderate Valuation
Moderate - Fairly valued

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

P/E Ratio 15.6
Current Price ₹1111.40
EPS (TTM) ₹85.15
Exchange NSE

Valuation Signal

Signal Fairly Valued
Historical Avg 10.31
Historical Range 6.46 - 13.22
Percentile 100.0%

Sector Context

Sector Average 161.23
Sector Median 18.72
Sector Rank #9 of 24
Sector Percentile 37.5%

Earnings Breakdown (TTM)

TTM EPS ₹77.07
Mar 2026 ₹13.15
Jun 2026 ₹19.54

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.

Sector Average
161.23
Sector Median
18.72
Lowest P/E
5.76
Highest P/E
1985.0
Companies
24
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