Petronet LNG Limited

NSEI:PETRONET Stock Report

Market Cap: ₹417.8b

Petronet LNG Valuation

Is PETRONET undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PETRONET when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

₹555.59
Fair Value
49.9% undervalued intrinsic discount
30
Number of Analysts

Below Fair Value: PETRONET (₹278.5) is trading below our estimate of fair value (₹555.59)

Significantly Below Fair Value: PETRONET is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PETRONET?

Key metric: As PETRONET is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PETRONET. This is calculated by dividing PETRONET's market cap by their current earnings.
What is PETRONET's PE Ratio?
PE Ratio11.4x
Earnings₹36.69b
Market Cap₹417.75b

Price to Earnings Ratio vs Peers

How does PETRONET's PE Ratio compare to its peers?

The above table shows the PE ratio for PETRONET vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average78.1x
AEGISVOPAK Aegis Vopak Terminals
159.4x56.27%₹288.2b
AEGISLOG Aegis Logistics
37.3x18.58%₹267.2b
500620 Great Eastern Shipping
7.6x0.61%₹154.9b
RIIL Reliance Industrial Infrastructure
108.1xn/a₹13.1b
PETRONET Petronet LNG
11.4x8.56%₹417.8b

Price-To-Earnings vs Peers: PETRONET is good value based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (78.1x).

Price to Earnings Ratio vs Industry

How does PETRONET's PE Ratio compare vs other companies in the IN Oil and Gas Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
533704 Essar Shipping
1xn/aUS$84.14m
No more companies available in this PE range
PETRONET 11.4xIndustry Avg. 19.8xNo. of Companies6PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PETRONET is good value based on its Price-To-Earnings Ratio (11.4x) compared to the Indian Oil and Gas industry average (19.8x).

Price to Earnings Ratio vs Fair Ratio

What is PETRONET's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PETRONET PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio13.3x

Price-To-Earnings vs Fair Ratio: PETRONET is good value based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (13.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PETRONET forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹278.50
₹321.47
+15.43%
14.22%₹410.00₹240.00n/a30
Nov ’26₹281.25
₹321.47
+14.30%
14.22%₹410.00₹240.00n/a30
Oct ’26₹274.50
₹322.07
+17.33%
14.13%₹410.00₹240.00n/a30
Sep ’26₹277.30
₹322.53
+16.31%
14.00%₹410.00₹240.00n/a30
Aug ’26₹280.75
₹323.35
+15.18%
13.81%₹410.00₹240.00n/a31
Jul ’26₹299.95
₹323.87
+7.97%
14.06%₹400.00₹240.00n/a31
Jun ’26₹307.30
₹324.06
+5.46%
14.99%₹400.00₹240.00n/a31
May ’26₹313.75
₹321.84
+2.58%
16.76%₹400.00₹235.00n/a31
Apr ’26₹297.30
₹322.94
+8.62%
16.37%₹400.00₹235.00n/a31
Mar ’26₹283.30
₹325.48
+14.89%
16.46%₹400.00₹235.00n/a31
Feb ’26₹308.80
₹325.94
+5.55%
16.20%₹400.00₹235.00n/a32
Jan ’26₹347.60
₹331.94
-4.51%
17.05%₹425.00₹235.00n/a32
Dec ’25₹333.10
₹332.06
-0.31%
17.09%₹425.00₹235.00n/a32
Nov ’25₹335.90
₹329.56
-1.89%
16.82%₹425.00₹235.00₹281.2532
Oct ’25₹344.10
₹319.00
-7.29%
17.05%₹412.00₹235.00₹274.5032
Sep ’25₹367.30
₹318.69
-13.24%
17.15%₹412.00₹235.00₹277.3032
Aug ’25₹367.75
₹310.97
-15.44%
17.07%₹412.00₹235.00₹280.7531
Jul ’25₹333.80
₹284.32
-14.82%
14.43%₹360.00₹220.00₹299.9531
Jun ’25₹297.35
₹281.34
-5.38%
14.84%₹360.00₹212.00₹307.3032
May ’25₹310.55
₹251.53
-19.00%
15.54%₹320.00₹190.00₹313.7532
Apr ’25₹265.40
₹248.03
-6.54%
15.25%₹320.00₹190.00₹297.3031
Mar ’25₹282.70
₹248.68
-12.03%
15.64%₹320.00₹190.00₹283.3031
Feb ’25₹265.70
₹249.10
-6.25%
15.84%₹320.00₹190.00₹308.8030
Jan ’25₹225.60
₹230.13
+2.01%
14.62%₹303.00₹175.00₹347.6030
Dec ’24₹201.95
₹231.10
+14.43%
14.55%₹303.00₹175.00₹333.1031
Nov ’24₹193.75
₹234.73
+21.15%
15.20%₹303.00₹165.00₹335.9030
₹321.47
Fair Value
13.4% undervalued intrinsic discount
30
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/09 19:33
End of Day Share Price 2025/11/07 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Petronet LNG Limited is covered by 64 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
Vivekanand SubbaramanAmbit Capital
Ashwin MehtaAmbit Capital