Petronet LNGNSE:PETRONET -2.86%86 Quick Ratio is 5.26 as of Mar. 2026, which is 75% above its 10-year median of 3.00. GuruFocus rates NSE:PETRONET with a GF Score™ of 86/100 and a GF Value™ of ₹254.23 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,012 Oil & Gas companies, Petronet LNG ranks better than 89.62% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Petronet LNG's quick ratio for the quarter that ended in Mar. 2026 was 5.26.
Petronet LNG has a quick ratio of 5.26. It generally indicates good short-term financial strength.
The historical rank and industry rank for Petronet LNG's Quick Ratio or its related term are showing as below:
NSE:PETRONET'
s Quick Ratio Range Over the Past 10 Years
Min: 2.02 Med: 3 Max: 5.26
Current: 5.26
During the past 13 years, Petronet LNG's highest Quick Ratio was 5.26. The lowest was 2.02. And the median was 3.00.
NSE:PETRONET's Quick Ratio is ranked better than 89.62% of 1012
companies
in the Oil & Gas industry
Industry Median: 1.11
vs NSE:PETRONET: 5.26
Petronet LNG (NSE:PETRONET) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
Petronet LNG Quick Ratio Related Terms
Petronet LNG Quick Ratio Historical Data
* Premium members only.
The historical data trend for Petronet LNG's Quick 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.
NSE:PETRONET vs VLO, MPC, PSX: Quick Ratio Comparison
For the Oil & Gas Refining & Marketing subindustry, Petronet LNG's Quick Ratio, along with its competitors' market caps and Quick 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.
Petronet LNG Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petronet LNG's Quick Ratio distribution charts can be found below:
* The bar in red indicates where Petronet LNG's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
Petronet LNG's Quick Ratio for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
Petronet LNG (NSE:PETRONET) has a Quick Ratio of 5.26 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Petronet LNG and its competitors. This is 75% above median its historical median of 3.00. Over the past decade, Petronet LNG's Quick Ratio has ranged from 2.02 to 5.26. According to the industry distribution chart, Petronet LNG ranks #105 out of 1012 companies in the Oil & Gas industry, placing it in the top 10.4%.
Is Petronet LNG's Quick Ratio too high?
Petronet LNG's current Quick Ratio of 5.26 is 75% above median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 2.02 to a high of 5.26. The Oil & Gas industry median Quick Ratio is 1.11. Petronet LNG's value of 5.26 is 373.9% above this industry median. Based on the distribution chart, Petronet LNG ranks #105 out of 1012 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Petronet LNG has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petronet LNG's Quick Ratio compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Petronet LNG ranks #105 out of 1012 companies for Quick Ratio. This places Petronet LNG in the top 10% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Petronet LNG's value of 5.26 is 373.9% above this benchmark. Historically, Petronet LNG's own Quick Ratio has ranged from 2.02 to 5.26 over the past decade. While the company's 10-year median is 3.00 vs. the industry median of 1.11, Petronet LNG has consistently been above 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,012 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petronet LNG's current Quick Ratio of 5.26 is 373.9% above 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Petronet LNG and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronet LNG's current Quick Ratio is 5.26, which is 75% above median its own 10-year median of 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petronet LNG stock overvalued right now?
Based on GuruFocus' analysis, Petronet LNG (NSE:PETRONET) is currently considered Fairly Valued. The stock's GF Value™ is ₹254.23, compared to a current price of ₹271.60 — trading 6.8% above its estimated fair value. The current Quick Ratio is 5.26, which is 75% above median its 10-year median of 3.00 and 373.9% above the Oil & Gas industry median of 1.11. Petronet LNG's overall GF Score™ is 86/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Petronet LNG (NSE:PETRONET), the current Quick Ratio is 5.26 as of Mar. 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 Petronet LNG (NSE:PETRONET) Overvalued in 2026?
Based on GuruFocus' analysis, Petronet LNG stock appears to be overvalued.
The current stock price of ₹271.60 is trading 6.8% above its estimated GF Value™ of ₹254.23.
GuruFocus considers Petronet LNG to be Fairly Valued.
Key valuation signals for NSE:PETRONET:
Quick Ratio: 5.26 (75% above median its 10-year median of 3.00)
GF Value™: ₹254.23 vs. price of ₹271.60 (6.8% above fair value)
Industry Position: 373.9% above the Oil & Gas median (#105 of 1012)
No single metric tells the full story. See the NSE:PETRONET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Petronet LNG Ltd is an oil and gas refining and marketing company formed by the government of India. The company operates liquified natural gas receiving and regasification terminals across India. Through its terminals, it also offers tolling services and re-loading terminals. The company has a single operating segment which is Natural Gas Business. Petronet LNG also owns a solid cargo port at Dahej with facilities to import and export products such as steel, coal, and fertilizer in bulk. Sales are largely composed of regasified liquefied natural gas and the majority of its revenue is derived from India.
86GF Score
Get the complete analysis for NSE:PETRONET
Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:PETRONET has been successfully added to your 
