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Mahanagar Gas (BOM:539957) Shiller PE Ratio : 14.54 (As of Mar. 02, 2025)


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What is Mahanagar Gas Shiller PE Ratio?

As of today (2025-03-02), Mahanagar Gas's current share price is ₹1238.10. Mahanagar Gas's E10 for the quarter that ended in Dec. 2024 was ₹85.15. Mahanagar Gas's Shiller PE Ratio for today is 14.54.

The historical rank and industry rank for Mahanagar Gas's Shiller PE Ratio or its related term are showing as below:

BOM:539957' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.73   Med: 17.16   Max: 23.64
Current: 14.54

During the past years, Mahanagar Gas's highest Shiller PE Ratio was 23.64. The lowest was 13.73. And the median was 17.16.

BOM:539957's Shiller PE Ratio is ranked better than
51.16% of 346 companies
in the Utilities - Regulated industry
Industry Median: 16.055 vs BOM:539957: 14.54

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Mahanagar Gas's adjusted earnings per share data for the three months ended in Dec. 2024 was ₹22.398. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₹85.15 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mahanagar Gas Shiller PE Ratio Historical Data

The historical data trend for Mahanagar Gas's Shiller 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.

* Premium members only.

Mahanagar Gas Shiller PE Ratio Chart

Mahanagar Gas Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Shiller PE Ratio
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Mahanagar Gas Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Shiller PE Ratio 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 - - 19.40 23.02 15.09

Competitive Comparison of Mahanagar Gas's Shiller PE Ratio

For the Utilities - Regulated Gas subindustry, Mahanagar Gas's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Mahanagar Gas's Shiller PE Ratio Distribution in the Utilities - Regulated Industry

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

* The bar in red indicates where Mahanagar Gas's Shiller PE Ratio falls into.



Mahanagar Gas Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Mahanagar Gas's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1238.10/85.15
=14.54

* 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.

Mahanagar Gas's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Mahanagar Gas's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=22.398/159.2043*159.2043
=22.398

Current CPI (Dec. 2024) = 159.2043.

Mahanagar Gas Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 0.000 91.425 0.000
201503 0.000 97.163 0.000
201509 7.347 101.753 11.495
201512 7.700 102.901 11.913
201603 8.543 102.518 13.267
201606 9.388 105.961 14.105
201609 10.350 105.961 15.551
201612 10.020 105.196 15.164
201703 10.070 105.196 15.240
201706 12.590 107.109 18.714
201709 12.630 109.021 18.444
201712 12.550 109.404 18.263
201803 10.610 109.786 15.386
201806 12.990 111.317 18.578
201809 13.800 115.142 19.081
201812 15.020 115.142 20.768
201903 13.510 118.202 18.196
201906 17.230 120.880 22.693
201909 27.400 123.175 35.415
201912 18.840 126.235 23.760
202003 16.860 124.705 21.524
202006 4.580 127.000 5.741
202009 14.610 130.118 17.876
202012 21.990 130.889 26.747
202103 21.540 131.771 26.024
202106 20.660 134.084 24.531
202109 20.680 135.847 24.236
202112 5.750 138.161 6.626
202203 13.340 138.822 15.299
202206 27.210 142.347 30.432
202209 16.600 144.661 18.269
202212 17.420 145.763 19.026
202303 27.210 146.865 29.496
202306 37.300 150.280 39.515
202309 34.270 151.492 36.015
202312 32.110 152.924 33.429
202403 25.540 153.035 26.570
202406 29.230 155.789 29.871
202409 28.700 157.882 28.940
202412 22.398 159.204 22.398

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Mahanagar Gas  (BOM:539957) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Mahanagar Gas Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Mahanagar Gas's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Mahanagar Gas Business Description

Traded in Other Exchanges
Address
Block No. G-33, Bandra-Kurla Complex, MGL House, Bandra (East), Mumbai, MH, IND, 400051
Mahanagar Gas Ltd is an India-based natural gas distribution company. It distributes natural gas through the City Gas Distribution network of pipelines. It distributes compressed natural gas (CNG) for use in vehicles and piped natural gas (PNG) for domestic household, commercial, and industrial use, and to transport sector customers as well. The company operates under the business segment of the sale of natural gas. Its business operations are principally carried out in India. The company generates revenue by selling natural gas, of which the sale of CNG accounts majorly for the total gas sales revenue.

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