State Gas (ASX:GAS) Market Cap: A$5.89 Mil (As of Jun. 24, 2026)


What is State Gas Market Cap?

State Gas ASX:GAS Market Cap is A$5.89 Mil as of Jun. 24, 2026. The stock has 5 warning signs investors should review. Among 1,043 Oil & Gas companies, State Gas ranks worse than 91.47% on this metric.

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). State Gas's share price for the quarter that ended in Dec. 2025 was A$0.028. State Gas's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 392.85 Mil. Therefore, State Gas's market cap for the quarter that ended in Dec. 2025 was A$11.00 Mil.

State Gas's quarterly market cap declined from Dec. 2024 (A$15.31 Mil) to Jun. 2025 (A$8.24 Mil) but then increased from Jun. 2025 (A$8.24 Mil) to Dec. 2025 (A$11.00 Mil).

State Gas's annual market cap declined from Jun. 2023 (A$40.47 Mil) to Jun. 2024 (A$30.16 Mil) and declined from Jun. 2024 (A$30.16 Mil) to Jun. 2025 (A$8.24 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. State Gas's Enterprise Value for Today is A$10.12 Mil.


State Gas  (ASX:GAS) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


State Gas Market Cap Related Terms


State Gas Market Cap Historical Data

* Premium members only.

The historical data trend for State Gas's Market Cap 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.

State Gas Market Cap Chart

State Gas Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Market Cap
Get a 7-Day Free Trial 86.52 33.97 40.47 30.16 8.24

State Gas Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Market Cap 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 46.62 30.16 15.31 8.24 11.00

ASX:GAS vs COP, EOG, OXY: Market Cap Comparison

For the Oil & Gas E&P subindustry, State Gas's Market Cap, along with its competitors' market caps and Market Cap 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.


State Gas Market Cap vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, State Gas's Market Cap distribution charts can be found below:

* The bar in red indicates where State Gas's Market Cap falls into.



State Gas Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

State Gas's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as

Market Cap (A: Jun. 2025 )=Share Price (A: Jun. 2025 )*Shares Outstanding (EOP) (A: Jun. 2025 )
=A$0.021*392.601
=A$8.24

State Gas's Market Cap for the quarter that ended in Dec. 2025 is calculated as

Market Cap (Q: Dec. 2025 )=Share Price (Q: Dec. 2025 )*Shares Outstanding (EOP) (Q: Dec. 2025 )
=A$0.028*392.851
=A$11.00

* 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 Market Cap →
What does a Market Cap of A$5.89 Mil mean?
State Gas (ASX:GAS) has a Market Cap of A$5.89 Mil as of Jun. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on State Gas and its competitors. According to the industry distribution chart, State Gas ranks #954 out of 1043 companies in the Oil & Gas industry, placing it in the top 91.5%.
Is State Gas' Market Cap too high?
State Gas' current Market Cap is A$5.89 Mil. Based on the distribution chart, State Gas ranks #954 out of 1043 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers.
How does State Gas' Market Cap compare to COP and EOG?
According to the Oil & Gas industry distribution chart, State Gas ranks #954 out of 1043 companies for Market Cap. This places State Gas in the lower half of its industry. The industry median Market Cap is 208.26. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Oil & Gas company?
The median Market Cap among Oil & Gas companies is 208.26, based on 1,043 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on State Gas and its competitors. For the Oil & Gas industry, the median Market Cap is 208.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Gas's current Market Cap is A$5.89 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Gas stock overvalued right now?
State Gas (ASX:GAS) has a current Market Cap of A$5.89 Mil. The current Market Cap is A$5.89 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For State Gas (ASX:GAS), the current Market Cap is A$5.89 Mil as of Jun. 24, 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.

State Gas Business Description

Industry EnergyOil & Gas
Address 40 Edward Street, Suite 4, Level 1, Brisbane, QLD, AUS, 4000
State Gas Ltd is a natural gas exploration and development company with operations in the southern Bowen Basin in Central Queensland. The company's existing 100% owned exploration projects, when considered in conjunction with joint venture interests over adjoining areas, means State Gas has a prospective and substantial portfolio of natural gas resources. It operates in one segment, being the exploration and development of gas fields in Australia.