RAVINDRA ENERGY
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The Current P/B Ratio of RAVINDRA ENERGY is 16.98.
Share Price | ₹138.3 | Dec 11,2024 |
Market Cap | ₹2,469.1 Cr | |
Book Value | ₹145.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 16.98x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAVINDRA ENERGY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,469.1 Cr] as on Dec 11,2024
(/) Book Value [ ₹145.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 16.98x ]
Thus, for RAVINDRA ENERGY , the investors are currently willing to pay '16.98 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 RAVINDRA ENERGY !
The chart below summarizes the trend in P/B Ratio of RAVINDRA ENERGY over the last five years.
Historical PB (Price/Book ) ratio chart of RAVINDRA ENERGY
PB Ratio Performance Analysis for RAVINDRA ENERGY
- RAVINDRA ENERGY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.88x.
- RAVINDRA ENERGY 's operated at median p/b ratio of 7.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAVINDRA ENERGY 's p/b ratio peaked in Mar2021 at 10.72x.
- RAVINDRA ENERGY 's p/b ratio hit its five-year low in Mar2020 of -22.45x.
How does RAVINDRA 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 |
---|---|---|---|
RAVINDRA ENERGY | 145.40 | 16.98 | 2,469.1 |
NTPC LTD | 160,709.00 | 2.21 | 354,462.0 |
ADANI GREEN ENERGY LTD | 6,072.00 | 29.95 | 181,863.0 |
POWER GRID CORPORATION OF INDIA LTD | 87,145.10 | 3.50 | 304,595.0 |
ADANI POWER LTD | 43,145.00 | 4.64 | 200,349.0 |
TATA POWER COMPANY LTD | 32,347.00 | 4.29 | 138,853.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 7.53 | 95,183.6 |
NHPC LTD | 38,702.40 | 2.23 | 86,467.7 |
JSW ENERGY LTD | 20,742.10 | 5.71 | 118,341.0 |
TORRENT POWER LTD | 12,061.70 | 6.97 | 84,073.8 |
SJVN LTD | 14,070.80 | 3.36 | 47,236.1 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs RAVINDRA ENERGY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.21x |
Max industry PB | 29.95x |
Median industry PB | 4.64x |
Average industry PB | 7.94x |
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