Petronet LNG (NSE:PETRONET) ROCE %: 29.44% (As of Mar. 2026)


NSE:PETRONET Petronet LNG Ltd NSE:PETRONET
85 GF Score
Price ₹275.95
GF Value ₹254.10
Valuation Fairly Valued
! 4 Warning Signs
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What is Petronet LNG ROCE %?

Petronet LNG NSE:PETRONET +0.27% 85 ROCE % is 29.44% as of Mar. 2026. GuruFocus rates NSE:PETRONET with a GF Score™ of 85/100 and a GF Value™ of ₹254.10 (Fairly Valued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Petronet LNG's annualized ROCE % for the quarter that ended in Mar. 2026 was 29.44%.

Petronet LNG  (NSE:PETRONET) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Petronet LNG ROCE % Related Terms

Petronet LNG ROCE % Historical Data

* Premium members only.

The historical data trend for Petronet LNG's ROCE % 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.

Petronet LNG ROCE % Chart

Petronet LNG Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.33 23.94 24.39 24.62 22.13

Petronet LNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 25.89 20.12 18.83 19.78 29.44
NSE:PETRONET
85GF Score
Petronet LNG Ltd NSE:PETRONET
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Petronet LNG ROCE % Calculation

Petronet LNG's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=53612.8/( ( (272967.3 - 40601) + (274400 - 22204.6) )/ 2 )
=53612.8/( (232366.3+252195.4)/ 2 )
=53612.8/242280.85
=22.13 %

Petronet LNG's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=74237.2/( ( (0 - 0) + (274400 - 22204.6) )/ 1 )
=74237.2/( ( 0 + 252195.4 )/ 1 )
=74237.2/252195.4
=29.44 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 29.44% mean?
Petronet LNG (NSE:PETRONET) has a ROCE % of 29.44% as of Mar. 2026.
Is Petronet LNG's ROCE % too high?
Petronet LNG's current ROCE % is 29.44%. The Oil & Gas industry median ROCE % is 6.86. Petronet LNG's value of 29.44% is 329.5% above this industry median. Overall, Petronet LNG has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Petronet LNG's ROCE % compare to VLO and MPC?
Petronet LNG's ROCE % of 29.44% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. Petronet LNG's value of 29.44% is 329.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.86, based on 978 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Petronet LNG's current ROCE % of 29.44% is 329.5% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Petronet LNG's current ROCE % is 29.44%. 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 ₹254.10, compared to a current price of ₹275.95 — trading 8.6% above its estimated fair value. The current ROCE % is 29.44% and 329.5% above the Oil & Gas industry median of 6.86. Petronet LNG's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Petronet LNG (NSE:PETRONET), the current ROCE % is 29.44% 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 ₹275.95 is trading 8.6% above its estimated GF Value™ of ₹254.10. GuruFocus considers Petronet LNG to be Fairly Valued.

Key valuation signals for NSE:PETRONET:

  • ROCE %: 29.44%
  • GF Value™: ₹254.10 vs. price of ₹275.95 (8.6% above fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 329.5% above the Oil & Gas median

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 Business Description

Industry EnergyOil & Gas
Other Exchanges 532522:India
Address Babar Road, Barakhamba Lane, World Trade Centre, 1st Floor, New Delhi, IND, 110001
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.
85GF Score

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

₹275.95
Price
₹254.10
GF Value