POWER GRID CORPORATION OF INDIA
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The Current P/B Ratio of POWER GRID CORPORATION OF INDIA is 3.36.
Share Price | ₹315.1 | Nov 19,2024 |
Market Cap | ₹293,015.4 Cr | |
Book Value | ₹87,145.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.36x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of POWER GRID CORPORATION OF INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹293,015.4 Cr] as on Nov 19,2024
(/) Book Value [ ₹87,145.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.36x ]
Thus, for POWER GRID CORPORATION OF INDIA , the investors are currently willing to pay '3.36 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 POWER GRID CORPORATION OF INDIA !
The chart below summarizes the trend in P/B Ratio of POWER GRID CORPORATION OF INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of POWER GRID CORPORATION OF INDIA
PB Ratio Performance Analysis for POWER GRID CORPORATION OF INDIA
- POWER GRID CORPORATION OF INDIA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.95x.
- POWER GRID CORPORATION OF INDIA 's operated at median p/b ratio of 1.9x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, POWER GRID CORPORATION OF INDIA 's p/b ratio peaked in Mar2024 at 2.96x.
- POWER GRID CORPORATION OF INDIA 's p/b ratio hit its five-year low in Mar2020 of 1.29x.
How does POWER GRID CORPORATION OF INDIA '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 |
---|---|---|---|
POWER GRID CORPORATION OF INDIA | 87,145.10 | 3.36 | 293,015.4 |
NTPC LTD | 160,709.00 | 2.21 | 354,995.0 |
ADANI GREEN ENERGY LTD | 6,072.00 | 36.83 | 223,626.0 |
ADANI POWER LTD | 43,145.00 | 4.69 | 202,142.0 |
TATA POWER COMPANY LTD | 32,347.00 | 4.03 | 130,402.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 8.29 | 104,764.0 |
NHPC LTD | 38,702.40 | 2.07 | 80,269.9 |
JSW ENERGY LTD | 20,742.10 | 5.98 | 124,057.0 |
TORRENT POWER LTD | 12,061.70 | 6.30 | 75,999.9 |
SJVN LTD | 14,070.80 | 2.95 | 41,439.7 |
NLC INDIA LTD | 16,531.10 | 1.99 | 32,863.3 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs POWER GRID CORPORATION OF INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.99x |
Max industry PB | 36.83x |
Median industry PB | 4.03x |
Average industry PB | 7.15x |
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