Gujarat State Petronet Stock

Gujarat State Petronet P/E 2024

Gujarat State Petronet P/E

9.96

Ticker

GSPL.NS

ISIN

INE246F01010

As of Oct 10, 2024, Gujarat State Petronet's P/E ratio was 9.96, a -4.51% change from the 10.43 P/E ratio recorded in the previous year.

The Gujarat State Petronet P/E history

Gujarat State Petronet Aktienanalyse

What does Gujarat State Petronet do?

The Gujarat State Petronet Ltd. (GSPL) is a leading company in the field of gas infrastructure in India. It was established in 1998 to support the transportation of gas in Gujarat, the most populous state in India. GSPL operates and maintains a network of pipelines that transport gas from production facilities to consumers. Gujarat State Petronet ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Gujarat State Petronet's P/E Ratio

The Price to Earnings (P/E) Ratio of Gujarat State Petronet is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Gujarat State Petronet's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Gujarat State Petronet is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Gujarat State Petronet’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Gujarat State Petronet stock

What is the price-to-earnings ratio of Gujarat State Petronet?

The price-earnings ratio of Gujarat State Petronet is currently 9.96.

How has the price-earnings ratio of Gujarat State Petronet changed compared to last year?

The price-to-earnings ratio of Gujarat State Petronet has increased by -4.51% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Gujarat State Petronet high compared to other companies?

Yes, the price-to-earnings ratio of Gujarat State Petronet is high compared to other companies.

How does an increase in the price-earnings ratio of Gujarat State Petronet affect the company?

An increase in the price-earnings ratio of Gujarat State Petronet would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Gujarat State Petronet affect the company?

A decrease in the price-earnings ratio of Gujarat State Petronet would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Gujarat State Petronet?

Some factors that influence the price-earnings ratio of Gujarat State Petronet are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Gujarat State Petronet pay?

Over the past 12 months, Gujarat State Petronet paid a dividend of 5 INR . This corresponds to a dividend yield of about 1.22 %. For the coming 12 months, Gujarat State Petronet is expected to pay a dividend of 5.96 INR.

What is the dividend yield of Gujarat State Petronet?

The current dividend yield of Gujarat State Petronet is 1.22 %.

When does Gujarat State Petronet pay dividends?

Gujarat State Petronet pays a quarterly dividend. This is distributed in the months of October, October, October, October.

How secure is the dividend of Gujarat State Petronet?

Gujarat State Petronet paid dividends every year for the past 22 years.

What is the dividend of Gujarat State Petronet?

For the upcoming 12 months, dividends amounting to 5.96 INR are expected. This corresponds to a dividend yield of 1.45 %.

In which sector is Gujarat State Petronet located?

Gujarat State Petronet is assigned to the 'Utilities' sector.

Wann musste ich die Aktien von Gujarat State Petronet kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Gujarat State Petronet from 10/18/2024 amounting to 5 INR, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.

When did Gujarat State Petronet pay the last dividend?

The last dividend was paid out on 10/18/2024.

What was the dividend of Gujarat State Petronet in the year 2023?

In the year 2023, Gujarat State Petronet distributed 5 INR as dividends.

In which currency does Gujarat State Petronet pay out the dividend?

The dividends of Gujarat State Petronet are distributed in INR.

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Andere Kennzahlen von Gujarat State Petronet

Our stock analysis for Gujarat State Petronet Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Gujarat State Petronet Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.