Gujarat Gas Limited

NSEI:GUJGASLTD Stock Report

Market Cap: ₹311.5b

Gujarat Gas Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • 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.

Below Fair Value: GUJGASLTD (₹452.5) is trading below our estimate of fair value (₹542.09)

Significantly Below Fair Value: GUJGASLTD 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 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 Ratio24.5x
Earnings₹12.71b
Market Cap₹311.50b

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 Average34.8x
GSPL Gujarat State Petronet
12x-21.9%₹183.1b
IGL Indraprastha Gas
12.3x2.5%₹227.5b
ATGL Adani Total Gas
104.9xn/a₹736.8b
MGL Mahanagar Gas
9.8x1.7%₹111.6b
GUJGASLTD Gujarat Gas
24.5x15.4%₹311.5b

Price-To-Earnings vs Peers: GUJGASLTD is good value based on its Price-To-Earnings Ratio (24.5x) compared to the peer average (34.8x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GUJGASLTD 24.5xIndustry Avg. 14.1xNo. of Companies12PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GUJGASLTD is expensive based on its Price-To-Earnings Ratio (24.5x) compared to the Asian Gas Utilities industry average (14.1x).

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 Ratio24.5x
Fair PE Ratio22.5x

Price-To-Earnings vs Fair Ratio: GUJGASLTD is expensive based on its Price-To-Earnings Ratio (24.5x) compared to the estimated Fair Price-To-Earnings Ratio (22.5x).

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₹452.50
₹568.44
+25.6%
17.6%₹750.00₹405.00n/a27
Nov ’25₹523.35
₹572.70
+9.4%
18.0%₹750.00₹420.00n/a27
Oct ’25₹615.30
₹576.79
-6.3%
18.9%₹750.00₹420.00n/a28
Sep ’25₹606.95
₹554.45
-8.7%
20.5%₹750.00₹365.00n/a29
Aug ’25₹657.20
₹532.93
-18.9%
23.0%₹755.00₹350.00n/a29
Jul ’25₹646.95
₹519.97
-19.6%
19.8%₹690.00₹350.00n/a29
Jun ’25₹551.35
₹516.86
-6.3%
19.6%₹676.00₹350.00n/a29
May ’25₹546.60
₹504.18
-7.8%
20.2%₹676.00₹360.00n/a28
Apr ’25₹547.70
₹507.89
-7.3%
20.6%₹676.00₹360.00n/a27
Mar ’25₹578.35
₹507.52
-12.2%
20.2%₹676.00₹360.00n/a27
Feb ’25₹579.85
₹475.56
-18.0%
19.7%₹676.00₹325.00n/a25
Jan ’25₹484.00
₹454.84
-6.0%
16.9%₹600.00₹325.00n/a25
Dec ’24₹434.05
₹456.73
+5.2%
15.8%₹600.00₹325.00n/a26
Nov ’24₹404.90
₹487.12
+20.3%
14.9%₹600.00₹350.00₹523.3526
Oct ’24₹422.90
₹490.62
+16.0%
16.3%₹620.00₹340.00₹615.3026
Sep ’24₹458.00
₹489.81
+6.9%
16.2%₹620.00₹340.00₹606.9527
Aug ’24₹483.35
₹519.30
+7.4%
15.5%₹621.00₹350.00₹657.2027
Jul ’24₹465.05
₹517.85
+11.4%
15.4%₹621.00₹350.00₹646.9526
Jun ’24₹488.25
₹517.04
+5.9%
15.3%₹621.00₹350.00₹551.3526
May ’24₹467.75
₹514.96
+10.1%
16.9%₹652.00₹350.00₹546.6025
Apr ’24₹459.60
₹515.52
+12.2%
16.6%₹652.00₹350.00₹547.7025
Mar ’24₹511.20
₹519.18
+1.6%
15.9%₹652.00₹350.00₹578.3528
Feb ’24₹472.05
₹528.07
+11.9%
17.1%₹679.00₹350.00₹579.8527
Jan ’24₹486.15
₹527.48
+8.5%
15.8%₹661.00₹350.00₹484.0027
Dec ’23₹508.30
₹524.52
+3.2%
16.2%₹661.00₹350.00₹434.0525
Nov ’23₹520.10
₹518.92
-0.2%
15.9%₹637.00₹350.00₹404.9025

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.

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