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Australian (ASX) Gas Utilities Industry Analysis

UpdatedJun 10, 2026
DataAggregated Company Financials
Companies1
  • 7D2.1%
  • 3M13.4%
  • 1Y24.6%
  • YTD14.4%

In the last week, the Gas Utilities industry is up 2.6%, with all of the companies up. This takes the industry's 12 month performance to a gain of 25%. Earnings are forecast to grow by 21% annually.

Industry Valuation and Performance

Has the Australian Gas Utilities Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 10 Jun 2026AU$13.7bAU$3.2bAU$162.0m84.5x84.5x4.3x
Fri, 08 May 2026AU$13.9bAU$3.2bAU$162.0m85.6x85.6x4.3x
Sun, 05 Apr 2026AU$13.1bAU$3.2bAU$162.0m80.6x80.6x4.1x
Tue, 03 Mar 2026AU$12.1bAU$3.2bAU$162.0m74.7x74.7x3.8x
Thu, 29 Jan 2026AU$11.7bAU$3.2bAU$99.0m118.5x118.5x3.7x
Sat, 27 Dec 2025AU$12.3bAU$3.2bAU$99.0m124.1x124.1x3.8x
Mon, 24 Nov 2025AU$12.2bAU$3.2bAU$99.0m122.8x122.8x3.8x
Wed, 22 Oct 2025AU$11.9bAU$3.2bAU$99.0m120.4x120.4x3.7x
Fri, 19 Sep 2025AU$11.7bAU$3.2bAU$99.0m118x118x3.6x
Sun, 17 Aug 2025AU$11.2bAU$3.2b-AU$46,000,000.00n/a-243x3.5x
Tue, 15 Jul 2025AU$10.8bAU$3.2b-AU$46,000,000.00n/a-235.7x3.4x
Thu, 12 Jun 2025AU$10.8bAU$3.2b-AU$46,000,000.00n/a-235.4x3.4x
Sat, 10 May 2025AU$11.2bAU$3.2b-AU$46,000,000.00n/a-244.2x3.5x
Mon, 07 Apr 2025AU$10.4bAU$3.2b-AU$46,000,000.00n/a-226.9x3.3x
Wed, 05 Mar 2025AU$9.6bAU$3.2b-AU$46,000,000.00n/a-209.7x3x
Fri, 31 Jan 2025AU$8.9bAU$3.1bAU$978.0m9.1x9.1x2.9x
Sun, 29 Dec 2024AU$9.3bAU$3.1bAU$978.0m9.5x9.5x3x
Tue, 26 Nov 2024AU$9.3bAU$3.1bAU$978.0m9.5x9.5x3x
Thu, 24 Oct 2024AU$9.2bAU$3.1bAU$978.0m9.4x9.4x3x
Sat, 21 Sep 2024AU$9.8bAU$3.1bAU$978.0m10x10x3.2x
Mon, 19 Aug 2024AU$10.1bAU$2.9bAU$1.1b9x9x3.5x
Wed, 17 Jul 2024AU$10.3bAU$2.9bAU$1.1b9.1x9.1x3.5x
Fri, 14 Jun 2024AU$10.8bAU$2.9bAU$1.1b9.6x9.6x3.7x
Sun, 12 May 2024AU$11.3bAU$2.9bAU$1.1b10x10x3.8x
Tue, 09 Apr 2024AU$10.9bAU$2.9bAU$1.1b9.7x9.7x3.7x
Thu, 07 Mar 2024AU$10.2bAU$2.9bAU$1.1b9x9x3.5x
Sat, 03 Feb 2024AU$10.8bAU$2.9bAU$263.0m41.1x41.1x3.7x
Mon, 01 Jan 2024AU$11.0bAU$2.9bAU$263.0m41.7x41.7x3.8x
Wed, 29 Nov 2023AU$10.8bAU$2.9bAU$263.0m41.1x41.1x3.7x
Fri, 27 Oct 2023AU$10.5bAU$2.9bAU$263.0m39.8x39.8x3.6x
Sun, 24 Sep 2023AU$10.8bAU$2.9bAU$263.0m41.2x41.2x3.7x
Tue, 22 Aug 2023AU$11.0bAU$2.8bAU$271.0m40x40.5x3.9x
Thu, 20 Jul 2023AU$11.6bAU$2.8bAU$271.0m42.8x42.8x4.1x
Sat, 17 Jun 2023AU$11.6bAU$2.8bAU$271.0m42.7x42.7x4.1x
Price to Earnings Ratio

42.7x


Total Market Cap: AU$11.6bTotal Earnings: AU$271.0mTotal Revenue: AU$2.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Australian Gas Utilities Industry Price to Earnings3Y Average 3.4x202420252026
Current Industry PE
    There is only one company in the Australian Gas Utilities industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the Gas Utilities industry have declined 16% per year over the last three years.
  • Meanwhile revenues for these companies have grown 3.9% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Australian Utilities industry?

AU Market-1.58%
Utilities1.46%
Gas Utilities2.07%
Gas Utilities2.07%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
APA APA GroupAU$10.342.1%
+AU$278.0m		24.6%PE84.5x

Latest News

APA
AU$10.34
APA Group
7D
2.1%
1Y
24.6%
Narrative Update • Jun 03

APA: Elevated P/E And Gas Expansion Deal Will Limit Future Upside

Analysts have slightly raised their price target for APA Group to A$9.14 from A$9.03, reflecting updated assumptions around fair value, discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Worley has secured a three year engineering services framework agreement with APA Group to support APA's gas transmission and storage portfolio across Australia.