ADANI GREEN ENERGY
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The Current P/B Ratio of ADANI GREEN ENERGY is 25.81.
Share Price | ₹989.3 | Nov 27,2024 |
Market Cap | ₹156,705.1 Cr | |
Book Value | ₹6,072.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 25.81x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ADANI GREEN ENERGY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹156,705.1 Cr] as on Nov 27,2024
(/) Book Value [ ₹6,072.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 25.81x ]
Thus, for ADANI GREEN ENERGY , the investors are currently willing to pay '25.81 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of ADANI GREEN ENERGY !
The chart below summarizes the trend in P/B Ratio of ADANI GREEN ENERGY over the last five years.
Historical PB (Price/Book ) ratio chart of ADANI GREEN ENERGY
PB Ratio Performance Analysis for ADANI GREEN ENERGY
- ADANI GREEN ENERGY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 111.04x.
- ADANI GREEN ENERGY 's operated at median p/b ratio of 47.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ADANI GREEN ENERGY 's p/b ratio peaked in Mar2022 at 251.48x.
- ADANI GREEN ENERGY 's p/b ratio hit its five-year low in Mar2023 of 23.76x.
How does ADANI GREEN ENERGY 's P/B Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
Peer Comparison (Power Generation/Distribution Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
ADANI GREEN ENERGY | 6,072.00 | 25.81 | 156,705.1 |
NTPC LTD | 160,709.00 | 2.23 | 358,001.0 |
POWER GRID CORPORATION OF INDIA LTD | 87,145.10 | 3.62 | 315,290.0 |
ADANI POWER LTD | 43,145.00 | 4.68 | 202,026.0 |
TATA POWER COMPANY LTD | 32,347.00 | 4.13 | 133,501.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 6.28 | 79,434.8 |
NHPC LTD | 38,702.40 | 2.15 | 83,353.7 |
JSW ENERGY LTD | 20,742.10 | 5.68 | 117,730.0 |
TORRENT POWER LTD | 12,061.70 | 6.10 | 73,632.9 |
SJVN LTD | 14,070.80 | 3.18 | 44,701.4 |
NLC INDIA LTD | 16,531.10 | 2.18 | 36,080.3 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs ADANI GREEN ENERGY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.15x |
Max industry PB | 25.81x |
Median industry PB | 4.13x |
Average industry PB | 6.00x |
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