NHPC
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The Current P/B Ratio of NHPC is 2.58.
Share Price | ₹99.2 | May 17,2024 |
Market Cap | ₹99,686.6 Cr | |
Book Value | ₹38,702.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.58x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NHPC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹99,686.6 Cr] as on May 17,2024
(/) Book Value [ ₹38,702.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.58x ]
Thus, for NHPC , the investors are currently willing to pay '2.58 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 NHPC !
The chart below summarizes the trend in P/B Ratio of NHPC over the last five years.
Historical PB (Price/Book ) ratio chart of NHPC
PB Ratio Performance Analysis for NHPC
- NHPC 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.82x.
- NHPC 's operated at median p/b ratio of 0.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NHPC 's p/b ratio peaked in Mar2023 at 1.09x.
- NHPC 's p/b ratio hit its five-year low in Mar2020 of 0.64x.
How does NHPC '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 |
---|---|---|---|
NHPC | 38,702.40 | 2.58 | 99,686.6 |
NTPC LTD | 147,023.00 | 2.41 | 354,316.0 |
ADANI GREEN ENERGY LTD | 8,410.00 | 34.73 | 292,056.0 |
POWER GRID CORPORATION OF INDIA LTD | 83,014.50 | 3.51 | 291,434.0 |
ADANI POWER LTD | 35,830.00 | 6.84 | 245,205.0 |
TATA POWER COMPANY LTD | 32,355.30 | 4.31 | 139,413.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 9.13 | 115,465.0 |
JSW ENERGY LTD | 20,831.70 | 4.97 | 103,625.0 |
TORRENT POWER LTD | 11,010.00 | 6.02 | 66,279.5 |
SJVN LTD | 13,859.50 | 3.82 | 52,914.7 |
NLC INDIA LTD | 16,531.10 | 2.03 | 33,625.9 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs NHPC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.03x |
Max industry PB | 34.73x |
Median industry PB | 4.31x |
Average industry PB | 7.31x |
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