Indraprastha Gas Limited engages in the distribution of natural gas in India. The company supplies compressed natural gas (CNG) to the transport sector; and piped natural gas to domestic, industrial, and commercial sectors in Delhi, Greater Noida, Ghaziabad, Hapur, Meerut, Shamli, Kanpur, Fatehpur, Hamirpur, Muzaffarnagar, Gurugram, Rewari, Karnal, Kaithal, Ajmer, Pali, and Rajsamand. As of March 31, 2021, it operated 612 CNG stations; and serves 16.85 Lakh households, and 6,687 commercial and industrial consumers. The company also operates 1,265 kilometers of steel pipeline network; and 15,262 kilometers MDPE network. Indraprastha Gas Limited was incorporated in 1998 and is headquartered in New Delhi, India.
P/B ratio for Indraprastha Gas Limited (IGL.NS)
P/B ratio as of 2023: 3.20
According to Indraprastha Gas Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.20. At the end of 2022 the company had a P/B ratio of 3.78.
P/B ratio history for Indraprastha Gas Limited from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.20 |
| 2022 | 3.78 |
| 2021 | 3.44 |
| 2020 | 5.66 |
| 2019 | 5.07 |
| 2018 | 4.98 |
| 2017 | 5.36 |
| 2016 | 4.72 |
| 2015 | 3.22 |
| 2014 | 2.80 |
| 2013 | 2.37 |
| 2012 | 2.62 |
| 2011 | 4.32 |
| 2010 | 4.18 |
| 2009 | 3.68 |
| 2008 | 2.24 |
| 2007 | 3.18 |
| 2006 | 2.98 |
| 2005 | 5.38 |
| 2004 | 4.35 |