Adani Total Gas Limited distributes piped natural gas (PNG) to industrial, commercial, and residential customers. The company also distributes compressed natural gas (CNG) to the automotive sector. It has gas distribution networks in Gujarat, Haryana, Karnataka, Tamil Nadu, Rajasthan, Madhya Pradesh, Uttar Pradesh, Chhattisgarh, Odisha, Maharashtra, Jharkhand, and Assam. As of March 31, 2022, the company had 334 CNG filling stations. Adani Total Gas Limited was formerly known as Adani Gas Limited and changed its name to Adani Total Gas Limited in January 2021. The company was founded in 2004 and is based in Ahmedabad, India.
P/B ratio for Adani Total Gas Limited (ATGL.NS)
P/B ratio as of 2023: 29.78
According to Adani Total Gas Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 29.78. At the end of 2022 the company had a P/B ratio of 32.45.
P/B ratio history for Adani Total Gas Limited from 2014 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 29.78 |
| 2022 | 32.45 |
| 2021 | 97.85 |
| 2020 | 54.67 |
| 2019 | 6.46 |
| 2018 | 13.32 |
| 2017 | 9.36 |
| 2016 | 11.63 |
| 2015 | 13.60 |
| 2014 | 14.21 |