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Indraprastha Gas (BOM:532514) Forward PE Ratio : 0.00 (As of May. 20, 2024)


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What is Indraprastha Gas Forward PE Ratio?

Indraprastha Gas's Forward PE Ratio for today is 0.00.

Indraprastha Gas's PE Ratio without NRI for today is 15.53.

Indraprastha Gas's PE Ratio for today is 15.53.


Indraprastha Gas Forward PE Ratio Historical Data

The historical data trend for Indraprastha Gas's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Indraprastha Gas Forward PE Ratio Chart

Indraprastha Gas Annual Data
Trend 2020-12 2021-12 2022-12 2023-01
Forward PE Ratio
22.99 16.45 19.57 19.80

Indraprastha Gas Quarterly Data
2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03 2022-06 2022-09 2022-12
Forward PE Ratio 16.81 20.75 18.90 22.99 21.51 21.88 22.73 16.45 12.90 17.89 19.19 19.57

Competitive Comparison of Indraprastha Gas's Forward PE Ratio

For the Utilities - Regulated Gas subindustry, Indraprastha Gas's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Indraprastha Gas's Forward PE Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Indraprastha Gas's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Indraprastha Gas's Forward PE Ratio falls into.



Indraprastha Gas Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Indraprastha Gas  (BOM:532514) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Indraprastha Gas Forward PE Ratio Related Terms

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Indraprastha Gas (BOM:532514) Business Description

Traded in Other Exchanges
Address
IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

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