Is Petronet LNG overvalued or undervalued?

As of 14 November 2025, Petronet LNG's valuation grade has moved from fair to attractive, indicating a shift in its perceived value. The company is currently considered undervalued based on its key financial ratios, which include a PE ratio of 11.19, an EV to EBITDA of 6.31, and a dividend yield of 3.65%. These figures suggest that Petronet LNG is trading at a lower multiple compared to its peers, which reinforces its attractive valuation.
In comparison to its peers, Petronet LNG's valuation stands out, particularly against Linde India, which has a PE ratio of 95.6, and Ellen. Indl. Gas with a PE of 74.15, both categorized as very expensive. Additionally, Confidence Petro, deemed very attractive, has a PE ratio of 14.74, further emphasizing Petronet LNG's relative undervaluation. Despite recent stock performance lagging behind the Sensex, with a year-to-date return of -20.86% compared to the Sensex's 8.22%, the underlying financial metrics suggest that Petronet LNG presents a compelling investment opportunity at its current price of 273.75.