Is Petronet LNG overvalued or undervalued?

As of 7 November 2025, the valuation grade for Petronet LNG has moved from very attractive to attractive. The company is currently considered undervalued based on its financial metrics. Key ratios include a PE Ratio of 11.26, an EV to EBITDA of 6.70, and a Dividend Yield of 3.59%.
In comparison to peers, Petronet LNG's valuation stands out against Linde India, which has a PE of 97.19, and Ellen. Indl. Gas with a PE of 78.99, both categorized as very expensive. Despite recent stock performance lagging behind the Sensex, particularly with a year-to-date return of -19.47% compared to the Sensex's 6.50%, the underlying valuation suggests that Petronet LNG remains an attractive investment opportunity in the gas sector.