NTPC
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The Current P/B Ratio of NTPC is 1.93.
Share Price | ₹319.6 | Feb 05,2025 |
Market Cap | ₹309,858.0 Cr | |
Book Value | ₹160,709.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.93x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of NTPC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹309,858.0 Cr] as on Feb 05,2025
(/) Book Value [ ₹160,709.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.93x ]
Thus, for NTPC , the investors are currently willing to pay '1.93 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 NTPC !
The chart below summarizes the trend in P/B Ratio of NTPC over the last five years.
Historical PB (Price/Book ) ratio chart of NTPC
PB Ratio Performance Analysis for NTPC
- NTPC 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.14x.
- NTPC 's operated at median p/b ratio of 0.97x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NTPC 's p/b ratio peaked in Mar2024 at 2.03x.
- NTPC 's p/b ratio hit its five-year low in Mar2020 of 0.7x.
How does NTPC '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 |
---|---|---|---|
NTPC | 160,709.00 | 1.93 | 309,858.0 |
ADANI GREEN ENERGY LTD | 6,072.00 | 26.56 | 161,255.0 |
POWER GRID CORPORATION OF INDIA LTD | 87,145.10 | 3.04 | 265,207.0 |
ADANI POWER LTD | 43,145.00 | 4.52 | 194,910.0 |
TATA POWER COMPANY LTD | 32,347.00 | 3.62 | 117,013.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 7.37 | 93,159.5 |
NHPC LTD | 38,702.40 | 2.06 | 79,908.2 |
JSW ENERGY LTD | 20,742.10 | 4.16 | 86,261.1 |
TORRENT POWER LTD | 12,061.70 | 5.57 | 67,150.2 |
SJVN LTD | 14,070.80 | 2.69 | 37,836.1 |
NLC INDIA LTD | 16,531.10 | 1.88 | 31,012.1 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs NTPC 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.88x |
Max industry PB | 26.56x |
Median industry PB | 3.62x |
Average industry PB | 5.76x |
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