Analysis Article • May 26
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- 7D7.6%
- 3M5.8%
- 1Y-10.4%
- YTD0.2%
In the last week, the Gas Utilities industry is up 7.6%, with Adani Total Gas up 14%. In the past year, the industry is down 10%. As for the next few years, earnings are expected to grow by 11% 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 |
|---|---|---|---|---|---|---|
| Wed, 27 May 2026 | ₹2.6t | ₹2.1t | ₹129.2b | 14.8x | 20.5x | 1.3x |
| Fri, 24 Apr 2026 | ₹2.6t | ₹2.1t | ₹141.3b | 14.6x | 18.1x | 1.2x |
| Sun, 22 Mar 2026 | ₹2.3t | ₹2.1t | ₹141.3b | 13.4x | 16x | 1.1x |
| Tue, 17 Feb 2026 | ₹2.5t | ₹2.1t | ₹141.3b | 15.5x | 17.6x | 1.2x |
| Thu, 15 Jan 2026 | ₹2.5t | ₹2.1t | ₹163.2b | 16.3x | 15.5x | 1.2x |
| Sat, 13 Dec 2025 | ₹2.6t | ₹2.1t | ₹163.2b | 16.1x | 15.9x | 1.3x |
| Mon, 10 Nov 2025 | ₹2.7t | ₹2.1t | ₹164.4b | 17x | 16.6x | 1.3x |
| Wed, 08 Oct 2025 | ₹2.8t | ₹2.0t | ₹172.7b | 17.9x | 16.3x | 1.4x |
| Fri, 05 Sep 2025 | ₹2.7t | ₹2.0t | ₹172.7b | 17.3x | 15.8x | 1.3x |
| Sun, 03 Aug 2025 | ₹2.7t | ₹2.1t | ₹173.4b | 16.3x | 15.6x | 1.3x |
| Tue, 01 Jul 2025 | ₹3.0t | ₹2.0t | ₹181.8b | 17.2x | 16.4x | 1.5x |
| Thu, 29 May 2025 | ₹3.0t | ₹2.0t | ₹181.8b | 21.5x | 16.3x | 1.5x |
| Sat, 26 Apr 2025 | ₹2.8t | ₹2.0t | ₹185.3b | 19.1x | 14.9x | 1.4x |
| Mon, 24 Mar 2025 | ₹2.7t | ₹2.0t | ₹185.3b | 19.4x | 14.7x | 1.4x |
| Wed, 19 Feb 2025 | ₹2.6t | ₹2.0t | ₹185.3b | 18.6x | 13.8x | 1.3x |
| Fri, 17 Jan 2025 | ₹2.9t | ₹2.0t | ₹181.0b | 18.6x | 15.9x | 1.5x |
| Sun, 15 Dec 2024 | ₹3.1t | ₹2.0t | ₹181.0b | 19.6x | 17.2x | 1.6x |
| Tue, 12 Nov 2024 | ₹3.1t | ₹2.0t | ₹181.1b | 19.1x | 17.4x | 1.6x |
| Thu, 10 Oct 2024 | ₹3.5t | ₹2.0t | ₹181.6b | 19.2x | 19.3x | 1.8x |
| Sat, 07 Sep 2024 | ₹3.7t | ₹2.0t | ₹181.6b | 19.5x | 20.2x | 1.9x |
| Mon, 05 Aug 2024 | ₹3.8t | ₹1.9t | ₹180.1b | 19.4x | 21x | 1.9x |
| Wed, 03 Jul 2024 | ₹3.6t | ₹1.9t | ₹167.2b | 18.3x | 21.7x | 1.9x |
| Fri, 31 May 2024 | ₹3.4t | ₹1.9t | ₹167.2b | 16.1x | 20.1x | 1.8x |
| Sun, 28 Apr 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 17x | 23.3x | 1.8x |
| Tue, 26 Mar 2024 | ₹3.2t | ₹1.9t | ₹146.5b | 14.8x | 21.7x | 1.7x |
| Thu, 22 Feb 2024 | ₹3.4t | ₹1.9t | ₹146.5b | 15.7x | 23.1x | 1.8x |
| Sat, 20 Jan 2024 | ₹3.2t | ₹1.9t | ₹116.6b | 20.9x | 27.6x | 1.7x |
| Mon, 18 Dec 2023 | ₹3.0t | ₹1.9t | ₹116.6b | 18.1x | 25.7x | 1.6x |
| Wed, 15 Nov 2023 | ₹2.3t | ₹1.9t | ₹116.6b | 15.7x | 19.4x | 1.2x |
| Fri, 13 Oct 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 20.2x | 23.7x | 1.2x |
| Sun, 10 Sep 2023 | ₹2.5t | ₹2.0t | ₹102.3b | 20.2x | 24.2x | 1.2x |
| Tue, 08 Aug 2023 | ₹2.4t | ₹2.0t | ₹102.3b | 18.6x | 23.1x | 1.2x |
| Thu, 06 Jul 2023 | ₹2.4t | ₹2.1t | ₹117.6b | 17.1x | 20x | 1.1x |
| Sat, 03 Jun 2023 | ₹2.4t | ₹2.1t | ₹117.5b | 16.3x | 20x | 1.1x |
Price to Earnings Ratio
20x
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 18.9x.
- The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Gas Utilities industry have grown 3.2% per year over the last three years, while revenues have remained mostly flat.
- This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.
Industry Trends
Which industries have driven the changes within the Indian Utilities industry?
| IN Market | 1.96% | |
| Utilities | 3.93% | |
| Gas Utilities | 7.58% | |
| Gas Utilities | 7.58% | |
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 | |
|---|---|---|---|---|---|
| ATGL Adani Total Gas | ₹713.10 | 14.4% +₹98.8b | 5.8% | PE119.6x | |
| GAIL GAIL (India) | ₹167.63 | 7.4% +₹75.7b | -13.6% | PE14.5x | |
| IGL Indraprastha Gas | ₹166.01 | 5.5% +₹12.1b | -19.5% | PE15x | |
| MGL Mahanagar Gas | ₹1.10k | 3.5% +₹3.6b | -17.9% | PE12.9x | |
| POSITRON Positron Energy | ₹207.25 | 9.6% +₹137.9m | -42.0% | PE7.9x |
