GAIL (India) Limited

NSEI:GAIL Stock Report

Market Cap: ₹1.3t

GAIL (India) Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 GAIL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GAIL (₹193.62) is trading below our estimate of fair value (₹218.91)

Significantly Below Fair Value: GAIL is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GAIL. This is calculated by dividing GAIL's market cap by their current earnings.
What is GAIL's PE Ratio?
PE Ratio11x
Earnings₹115.40b
Market Cap₹1.27t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GAIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average41.3x
ATGL Adani Total Gas
109.2xn/a₹771.8b
GUJGASLTD Gujarat Gas
27.4x13.9%₹346.3b
IGL Indraprastha Gas
14.8x0.9%₹278.9b
GSPL Gujarat State Petronet
13.7x-21.6%₹208.2b
GAIL GAIL (India)
11x1.5%₹1.3t

Price-To-Earnings vs Peers: GAIL is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (41.3x).

Price to Earnings Ratio vs Industry

How does GAIL's PE Ratio compare vs other companies in the Asian Gas Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GAIL 11.0xIndustry Avg. 13.9xNo. of Companies9PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GAIL is good value based on its Price-To-Earnings Ratio (11x) compared to the Asian Gas Utilities industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is GAIL'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.

GAIL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ratio20.6x

Price-To-Earnings vs Fair Ratio: GAIL is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

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 GAIL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹193.62
₹234.19
+21.0%
15.4%₹290.00₹148.00n/a32
Dec ’25₹199.46
₹234.66
+17.6%
15.4%₹290.00₹148.00n/a32
Nov ’25₹200.16
₹237.68
+18.7%
17.0%₹295.00₹148.00n/a31
Oct ’25₹239.76
₹238.71
-0.4%
15.8%₹295.00₹148.00n/a31
Sep ’25₹237.69
₹237.06
-0.3%
15.6%₹295.00₹148.00n/a31
Aug ’25₹239.00
₹234.50
-1.9%
15.6%₹295.00₹148.00n/a32
Jul ’25₹222.55
₹202.66
-8.9%
14.2%₹255.00₹148.00n/a32
Jun ’25₹204.30
₹202.00
-1.1%
14.6%₹255.00₹148.00n/a32
May ’25₹209.10
₹186.94
-10.6%
15.0%₹254.00₹140.00n/a31
Apr ’25₹182.35
₹180.48
-1.0%
13.1%₹230.00₹140.00n/a31
Mar ’25₹184.15
₹177.03
-3.9%
12.9%₹225.00₹135.00n/a31
Feb ’25₹173.70
₹173.60
-0.06%
15.9%₹225.00₹100.00n/a30
Jan ’25₹166.20
₹141.00
-15.2%
11.8%₹195.00₹100.00n/a30
Dec ’24₹136.05
₹138.32
+1.7%
9.3%₹160.00₹100.00₹199.4631
Nov ’24₹117.60
₹137.77
+17.2%
9.3%₹160.00₹100.00₹200.1631
Oct ’24₹124.40
₹132.48
+6.5%
10.0%₹152.00₹100.00₹239.7632
Sep ’24₹121.35
₹129.88
+7.0%
10.9%₹150.00₹100.00₹237.6931
Aug ’24₹120.35
₹128.81
+7.0%
11.0%₹150.00₹100.00₹239.0030
Jul ’24₹105.05
₹120.25
+14.5%
12.4%₹150.00₹80.00₹222.5529
Jun ’24₹105.35
₹119.37
+13.3%
12.6%₹150.00₹80.00₹204.3028
May ’24₹107.30
₹119.60
+11.5%
13.6%₹150.00₹80.00₹209.1027
Apr ’24₹105.15
₹119.28
+13.4%
13.9%₹150.00₹80.00₹182.3526
Mar ’24₹103.40
₹111.54
+7.9%
13.2%₹150.00₹80.00₹184.1527
Feb ’24₹96.05
₹108.31
+12.8%
12.2%₹135.00₹80.00₹173.7028
Jan ’24₹96.05
₹108.95
+13.4%
17.6%₹160.00₹75.00₹166.2028
Dec ’23₹93.65
₹109.54
+17.0%
18.2%₹160.00₹75.00₹136.0527

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 11:44
End of Day Share Price 2024/12/19 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

GAIL (India) Limited is covered by 74 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Vivekanand SubbaramanAmbit Capital
Avishek DattaAnand Rathi Shares and Stock Brokers Limited
Harshraj AggarwalAnand Rathi Shares and Stock Brokers Limited