Mahanagar Gas
MGL.NS
#4645
Rank
A$2.50 B
Marketcap
$25.39
Share price
-1.11%
Change (1 day)
28.74%
Change (1 year)

Mahanagar Gas (MGL.NS) - P/B ratio

P/B ratio as of November 2024 : 2.50

According to Mahanagar Gas's latest financial reports the company has a price-to-book ratio of 2.09137.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Mahanagar Gas - P/B ratio (from 2016 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-312.5317.97%
2022-12-312.15-11.63%
2021-12-312.43-33.63%
2020-12-313.66-4.45%
2019-12-313.83-7.72%
2018-12-314.15-26.12%
2017-12-315.6227.33%
2016-12-314.42