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ADANI GREEN ENERGY
PB (Price/Book ) Ratio

The Current P/B Ratio of ADANI GREEN ENERGY is 34.64.

Share Price ₹1,328.0Dec 02,2024
Market Cap ₹210,347.3 Cr
Book Value₹6,072.0 CrMar2024 - Consolidated Results
Price/Book 34.64xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ADANI GREEN ENERGY

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of ADANI GREEN ENERGY is calculated as :

Current Market Cap [ ₹210,347.3 Cr] as on Dec 02,2024

(/) Book Value [ ₹6,072.0 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 34.64x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ADANI GREEN ENERGY , the investors are currently willing to pay '34.64 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 latest p/b ratio is 34.64x.

- 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 ValuePB RatioMarket Cap
ADANI GREEN ENERGY 6,072.0034.64210,347.3
NTPC LTD160,709.002.16347,335.0
POWER GRID CORPORATION OF INDIA LTD87,145.103.50305,060.0
ADANI POWER LTD43,145.004.91211,746.0
TATA POWER COMPANY LTD32,347.004.11132,974.0
ADANI ENERGY SOLUTIONS LTD12,641.507.6696,895.5
NHPC LTD38,702.402.1281,857.0
JSW ENERGY LTD20,742.105.44112,871.0
TORRENT POWER LTD12,061.706.3276,247.5
SJVN LTD14,070.803.1844,701.4
NLC INDIA LTD16,531.102.2136,489.3

Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs ADANI GREEN ENERGY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.12x
Max industry PB 34.64x
Median industry PB 4.11x
Average industry PB 6.93x



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