Gujarat Gas Limited

NSEI:GUJGASLTD Stock Report

Market Cap: ₹310.7b

Gujarat Gas Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Discounted Cash Flow
Simply Wall St
₹262.21
Fair Value
72.1% overvalued intrinsic discount
28
Number of Analysts

Below Fair Value: GUJGASLTD (₹451.35) is trading above our estimate of fair value (₹262.21)

Significantly Below Fair Value: GUJGASLTD is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GUJGASLTD. This is calculated by dividing GUJGASLTD's market cap by their current earnings.
What is GUJGASLTD's PE Ratio?
PE Ratio24.4x
Earnings₹12.71b
Market Cap₹310.70b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GUJGASLTD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average36.1x
GSPL Gujarat State Petronet
13.2x-17.8%₹180.8b
IGL Indraprastha Gas
15.3x4.9%₹259.7b
ATGL Adani Total Gas
103.2xn/a₹689.0b
MGL Mahanagar Gas
12.5x3.5%₹130.7b
GUJGASLTD Gujarat Gas
24.4x11.0%₹310.7b

Price-To-Earnings vs Peers: GUJGASLTD is good value based on its Price-To-Earnings Ratio (24.4x) compared to the peer average (36.1x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GUJGASLTD 24.4xIndustry Avg. 13.5xNo. of Companies14PE01020304050+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GUJGASLTD is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the Asian Gas Utilities industry average (13.5x).

Price to Earnings Ratio vs Fair Ratio

What is GUJGASLTD'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.

GUJGASLTD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.4x
Fair PE Ratio20.2x

Price-To-Earnings vs Fair Ratio: GUJGASLTD is expensive based on its Price-To-Earnings Ratio (24.4x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

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 GUJGASLTD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹451.35
₹477.57
+5.8%
17.2%₹690.00₹350.00n/a28
Apr ’26₹409.80
₹487.86
+19.0%
20.2%₹836.00₹350.00n/a29
Mar ’26₹370.35
₹496.68
+34.1%
19.9%₹836.00₹380.00n/a28
Feb ’26₹459.50
₹545.10
+18.6%
20.9%₹836.00₹330.00n/a29
Jan ’26₹503.95
₹552.41
+9.6%
20.8%₹836.00₹330.00n/a29
Dec ’25₹479.75
₹558.82
+16.5%
21.8%₹836.00₹330.00n/a28
Nov ’25₹523.35
₹582.11
+11.2%
19.3%₹836.00₹420.00n/a28
Oct ’25₹615.30
₹585.72
-4.8%
20.0%₹836.00₹420.00n/a29
Sep ’25₹606.95
₹563.83
-7.1%
21.7%₹836.00₹365.00n/a30
Aug ’25₹657.20
₹543.03
-17.4%
24.3%₹836.00₹350.00n/a30
Jul ’25₹646.95
₹530.50
-18.0%
21.9%₹836.00₹350.00n/a30
Jun ’25₹551.35
₹527.50
-4.3%
21.8%₹836.00₹350.00n/a30
May ’25₹546.60
₹515.62
-5.7%
22.7%₹836.00₹360.00n/a29
Apr ’25₹547.70
₹519.61
-5.1%
23.0%₹836.00₹360.00₹409.8028
Mar ’25₹578.35
₹519.25
-10.2%
22.7%₹836.00₹360.00₹370.3528
Feb ’25₹579.85
₹489.42
-15.6%
23.5%₹836.00₹325.00₹459.5026
Jan ’25₹484.00
₹469.50
-3.0%
22.4%₹836.00₹325.00₹503.9526
Dec ’24₹434.05
₹470.78
+8.5%
21.4%₹836.00₹325.00₹479.7527
Nov ’24₹404.90
₹500.04
+23.5%
19.4%₹836.00₹350.00₹523.3527
Oct ’24₹422.90
₹503.41
+19.0%
20.3%₹836.00₹340.00₹615.3027
Sep ’24₹458.00
₹502.18
+9.6%
20.1%₹836.00₹340.00₹606.9528
Aug ’24₹483.35
₹530.61
+9.8%
18.5%₹836.00₹350.00₹657.2028
Jul ’24₹465.05
₹529.63
+13.9%
18.6%₹836.00₹350.00₹646.9527
Jun ’24₹488.25
₹528.85
+8.3%
18.6%₹836.00₹350.00₹551.3527
May ’24₹467.75
₹527.31
+12.7%
19.9%₹836.00₹350.00₹546.6026
Apr ’24₹459.60
₹527.85
+14.8%
19.7%₹836.00₹350.00₹547.7026
AnalystConsensusTarget
Consensus Narrative from 28 Analysts
₹477.57
Fair Value
5.5% undervalued intrinsic discount
28
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 Analysis2025/04/23 18:30
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
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.

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

Gujarat Gas Limited is covered by 53 analysts. 15 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
null nullAnand Rathi Shares and Stock Brokers Limited