Returns Are Gaining Momentum At Gujarat Gas (NSE:GUJGASLTD)
Apr 09
Indian (NIFTY) Gas Utilities Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies7
- 7D-2.3%
- 3M5.9%
- 1Y28.4%
- YTD8.6%
The Gas Utilities industry has been flat over the last week, but Adani Total Gas has lost 4.3%. As for the the longer term, the industry is up 30% over the past 12 months. As for the next few years, earnings are expected to grow by 7.0% per annum.
Industry Valuation and Performance
Has the Indian Gas Utilities Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 19 Apr 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 16.6x | 23.3x | 1.8x |
| Sun, 17 Mar 2024 | ₹3.2t | ₹1.9t | ₹146.5b | 14.8x | 22x | 1.7x |
| Tue, 13 Feb 2024 | ₹3.3t | ₹1.9t | ₹147.6b | 15.3x | 22.3x | 1.7x |
| Thu, 11 Jan 2024 | ₹3.2t | ₹1.9t | ₹116.6b | 19.9x | 27.4x | 1.7x |
| Sat, 09 Dec 2023 | ₹3.1t | ₹1.9t | ₹116.6b | 17.5x | 26.4x | 1.6x |
| Mon, 06 Nov 2023 | ₹2.3t | ₹1.9t | ₹116.4b | 15.5x | 19.4x | 1.2x |
| Wed, 04 Oct 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 19.4x | 23.1x | 1.2x |
| Fri, 01 Sep 2023 | ₹2.3t | ₹2.0t | ₹102.3b | 18.8x | 23x | 1.2x |
| Sun, 30 Jul 2023 | ₹2.4t | ₹2.1t | ₹118.0b | 16.6x | 20.5x | 1.2x |
| Tue, 27 Jun 2023 | ₹2.3t | ₹2.1t | ₹117.5b | 16.7x | 19.8x | 1.1x |
| Thu, 25 May 2023 | ₹2.5t | ₹2.1t | ₹117.5b | 16.7x | 21.5x | 1.2x |
| Sat, 22 Apr 2023 | ₹2.6t | ₹2.0t | ₹146.0b | 17.6x | 18x | 1.3x |
| Mon, 20 Mar 2023 | ₹2.6t | ₹2.0t | ₹146.0b | 16.5x | 17.9x | 1.3x |
| Wed, 15 Feb 2023 | ₹2.7t | ₹2.0t | ₹145.0b | 15.7x | 18.9x | 1.4x |
| Fri, 13 Jan 2023 | ₹5.5t | ₹1.9t | ₹175.2b | 16.5x | 31.4x | 2.9x |
| Sun, 11 Dec 2022 | ₹5.5t | ₹1.9t | ₹175.2b | 16.9x | 31.3x | 2.9x |
| Tue, 08 Nov 2022 | ₹5.6t | ₹1.9t | ₹174.0b | 16.2x | 32.4x | 3x |
| Thu, 06 Oct 2022 | ₹4.9t | ₹1.7t | ₹189.6b | 15.1x | 26x | 2.9x |
| Sat, 03 Sep 2022 | ₹5.4t | ₹1.7t | ₹189.6b | 16x | 28.6x | 3.2x |
| Mon, 01 Aug 2022 | ₹4.8t | ₹1.4t | ₹177.9b | 14.3x | 27.2x | 3.4x |
| Wed, 29 Jun 2022 | ₹4.0t | ₹1.4t | ₹177.9b | 14.9x | 22.4x | 2.8x |
| Fri, 27 May 2022 | ₹4.0t | ₹1.3t | ₹168.2b | 14.6x | 23.5x | 3x |
| Sun, 24 Apr 2022 | ₹4.2t | ₹1.3t | ₹168.0b | 15.1x | 25.2x | 3.4x |
| Tue, 22 Mar 2022 | ₹3.5t | ₹1.3t | ₹168.0b | 14.6x | 20.6x | 2.8x |
| Thu, 17 Feb 2022 | ₹3.4t | ₹1.3t | ₹168.0b | 15.2x | 20.5x | 2.7x |
| Sat, 15 Jan 2022 | ₹3.7t | ₹1.1t | ₹155.4b | 16.3x | 23.8x | 3.4x |
| Mon, 13 Dec 2021 | ₹3.7t | ₹1.1t | ₹155.4b | 17.5x | 23.7x | 3.4x |
| Wed, 10 Nov 2021 | ₹3.4t | ₹1.1t | ₹155.0b | 18.1x | 21.6x | 3.1x |
| Fri, 08 Oct 2021 | ₹3.4t | ₹980.3b | ₹139.7b | 19.7x | 24.1x | 3.4x |
| Sun, 05 Sep 2021 | ₹3.5t | ₹980.3b | ₹139.7b | 21.3x | 24.8x | 3.5x |
| Tue, 03 Aug 2021 | ₹2.9t | ₹980.3b | ₹139.7b | 21.3x | 20.5x | 2.9x |
| Fri, 07 May 2021 | ₹2.9t | ₹875.5b | ₹112.8b | 23.3x | 25.4x | 3.3x |
Price to Earnings Ratio
25.4x
Current Industry PE
- Investors are relatively neutral on the Indian Gas Utilities industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 23.7x.
- The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 9.1% per year over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Utilities industry?
| IN Market | -2.46% | |
| Utilities | -2.74% | |
| Gas Utilities | -2.30% | |
| Gas Utilities | -2.30% | |
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GAIL GAIL (India) | ₹201.95 | 0.4% +₹5.6b | 86.4% | PE16.5x | |
| IRMENERGY IRM Energy | ₹559.00 | 16.9% +₹3.3b | n/a | PE28.4x | |
| GSPL Gujarat State Petronet | ₹377.65 | 0.2% +₹479.6m | 43.5% | PE13.7x |
