PPAAF (Perusahaan Gas Negara (Persero) Tbk PT) EV-to-EBITDA: 4.51 (As of Aug. 09, 2026) — 33% Below Median

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PPAAF Perusahaan Gas Negara (Persero) Tbk PT PPAAF
93 GF Score
Price $0.09
GF Value $0.13
Valuation Possible Value Trap
! 3 Warning Signs
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What is Perusahaan Gas Negara (Persero) Tbk PT EV-to-EBITDA?

Perusahaan Gas Negara (Persero) Tbk PT PPAAF +5.57% 93 EV-to-EBITDA is 4.51 as of Aug. 09, 2026, which is 33% below its 10-year median of 6.70. GuruFocus rates PPAAF with a GF Scoreâ„¢ of 93/100 and a GF Valueâ„¢ of $0.13 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 466 Utilities - Regulated companies, Perusahaan Gas Negara (Persero) Tbk PT ranks better than 84.33% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Perusahaan Gas Negara (Persero) Tbk PT's enterprise value is $2,612 Mil. Perusahaan Gas Negara (Persero) Tbk PT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $579 Mil. Therefore, Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA for today is 4.51.

The historical rank and industry rank for Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA or its related term are showing as below:

PPAAF' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.42   Med: 6.7   Max: 45.68
Current: 4.88

During the past 13 years, the highest EV-to-EBITDA of Perusahaan Gas Negara (Persero) Tbk PT was 45.68. The lowest was 3.42. And the median was 6.70.

PPAAF's EV-to-EBITDA is ranked better than
84.33% of 466 companies
in the Utilities - Regulated industry
Industry Median: 9.79 vs PPAAF: 4.88

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-09), Perusahaan Gas Negara (Persero) Tbk PT's stock price is $0.09. Perusahaan Gas Negara (Persero) Tbk PT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $0.010. Therefore, Perusahaan Gas Negara (Persero) Tbk PT's PE Ratio (TTM) for today is 9.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Perusahaan Gas Negara (Persero) Tbk PT  (OTCPK:PPAAF) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Perusahaan Gas Negara (Persero) Tbk PT's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.09/0.010
=9.00

Perusahaan Gas Negara (Persero) Tbk PT's share price for today is $0.09.
Perusahaan Gas Negara (Persero) Tbk PT's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.010.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Perusahaan Gas Negara (Persero) Tbk PT EV-to-EBITDA Related Terms


Perusahaan Gas Negara (Persero) Tbk PT EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA 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.

Perusahaan Gas Negara (Persero) Tbk PT EV-to-EBITDA Chart

Perusahaan Gas Negara (Persero) Tbk PT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.15 6.17 4.61 4.77 6.16

Perusahaan Gas Negara (Persero) Tbk PT Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.19 4.97 5.30 6.16 5.75

PPAAF vs ATO, NI, UGI: EV-to-EBITDA Comparison

For the Utilities - Regulated Gas subindustry, Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Perusahaan Gas Negara (Persero) Tbk PT EV-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA falls into.


PPAAF
93GF Score
Perusahaan Gas Negara (Persero) Tbk PT PPAAF
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Perusahaan Gas Negara (Persero) Tbk PT EV-to-EBITDA Calculation

Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2611.876/578.788
=4.51

Perusahaan Gas Negara (Persero) Tbk PT's current Enterprise Value is $2,612 Mil.
Perusahaan Gas Negara (Persero) Tbk PT's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $579 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 4.51 mean?
Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) has a EV-to-EBITDA of 4.51 as of Aug. 09, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Perusahaan Gas Negara (Persero) Tbk PT. This is 33% below median its historical median of 6.70. Over the past decade, Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA has ranged from 3.42 to 45.68. According to the industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #73 out of 466 companies in the Utilities - Regulated industry, placing it in the top 15.7%.
Is Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA too high?
Perusahaan Gas Negara (Persero) Tbk PT's current EV-to-EBITDA of 4.51 is 33% below median its 10-year median of 6.70. Over the past 10 years, this metric has ranged from a low of 3.42 to a high of 45.68. The Utilities - Regulated industry median EV-to-EBITDA is 9.79. Perusahaan Gas Negara (Persero) Tbk PT's value of 4.51 is 53.9% below this industry median. Based on the distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #73 out of 466 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Perusahaan Gas Negara (Persero) Tbk PT has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Perusahaan Gas Negara (Persero) Tbk PT's EV-to-EBITDA compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Perusahaan Gas Negara (Persero) Tbk PT ranks #73 out of 466 companies for EV-to-EBITDA. This places Perusahaan Gas Negara (Persero) Tbk PT in the top 16% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 9.79. Perusahaan Gas Negara (Persero) Tbk PT's value of 4.51 is 53.9% below this benchmark. Historically, Perusahaan Gas Negara (Persero) Tbk PT's own EV-to-EBITDA has ranged from 3.42 to 45.68 over the past decade. While the company's 10-year median is 6.70 vs. the industry median of 9.79, Perusahaan Gas Negara (Persero) Tbk PT has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Regulated company?
The median EV-to-EBITDA among Utilities - Regulated companies is 9.79, based on 466 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Perusahaan Gas Negara (Persero) Tbk PT's current EV-to-EBITDA of 4.51 is 53.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Perusahaan Gas Negara (Persero) Tbk PT. For the Utilities - Regulated industry, the median EV-to-EBITDA is 9.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perusahaan Gas Negara (Persero) Tbk PT's current EV-to-EBITDA is 4.51, which is 33% below median its own 10-year median of 6.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perusahaan Gas Negara (Persero) Tbk PT stock overvalued right now?
Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.13, compared to a current price of $0.09 — trading 30.8% below its estimated fair value. The current EV-to-EBITDA is 4.51, which is 33% below median its 10-year median of 6.70 and 53.9% below the Utilities - Regulated industry median of 9.79. Perusahaan Gas Negara (Persero) Tbk PT's overall GF Score™ is 93/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Perusahaan Gas Negara (Persero) Tbk PT (PPAAF), the current EV-to-EBITDA is 4.51 as of Aug. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Perusahaan Gas Negara (Persero) Tbk PT (PPAAF) Overvalued in 2026?

Based on GuruFocus' analysis, Perusahaan Gas Negara (Persero) Tbk PT stock appears to be undervalued. The current stock price of $0.09 is trading 30.8% below its estimated GF Value™ of $0.13. GuruFocus considers Perusahaan Gas Negara (Persero) Tbk PT to be Possible Value Trap.

Key valuation signals for PPAAF:

  • EV-to-EBITDA: 4.51 (33% below median its 10-year median of 6.70)
  • GF Value™: $0.13 vs. price of $0.09 (30.8% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 53.9% below the Utilities - Regulated median (#73 of 466)

No single metric tells the full story. See the PPAAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Perusahaan Gas Negara (Persero) Tbk PT Business Description

Address Jalan KH. Zainul Arifin Number 20, Jakarta, IDN, 11140
Perusahaan Gas Negara (Persero) Tbk PT is an Indonesian natural gas company of which the Republic of Indonesia holds a majority stake. PGN is involved in the transmission and distribution of natural gas. The company's segments include Natural gas trading and transmission, Exploration and production of oil and gas, and Other operation.
93GF Score

Get the complete analysis for PPAAF

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.09
Price
$0.13
GF Value