MAHANAGAR GAS LTD. Valuation
MGL · Oil Gas & Consumable Fuels · Current price ₹1,100.4
Is MAHANAGAR GAS LTD. undervalued?
DocStoX estimates the fair value of MAHANAGAR GAS LTD. at ₹1,073 per share, versus the current market price of ₹1,100. That puts the stock about -2.5% above our fair-value estimate, which we read as "Fairly Valued". Our confidence in this estimate is medium.
How this fair value is calculated
This estimate blends 3 independent methods: Residual income (₹808), Relative P/E (₹1,450), Graham floor (₹1,244). We weight each by its reliability and skip any method whose inputs look untrustworthy — "no DCF beats a wrong DCF". This is the same deterministic engine that powers DocStoX stock pages; there is no guesswork or AI-generated number here.
Bear, base and bull scenarios
Our scenarios span ₹808 (bear) to ₹1,073 (base) to ₹1,450 (bull). A margin of safety means buying meaningfully below the base case — the wider the gap, the more room for error in the assumptions.
Valuation multiples
MAHANAGAR GAS LTD. trades at a P/E of 10.4x and a P/B of 1.7x, with a dividend yield of 1.1%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.
Understand the ratios
More on MAHANAGAR GAS LTD.
DocStoX estimates are generated by a deterministic valuation engine from reported financials — for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.