TORRENT POWER
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The Current P/B Ratio of TORRENT POWER is 6.21.
Share Price | ₹1,558.3 | Nov 14,2024 |
Market Cap | ₹74,891.9 Cr | |
Book Value | ₹12,061.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.21x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TORRENT POWER
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹74,891.9 Cr] as on Nov 14,2024
(/) Book Value [ ₹12,061.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.21x ]
Thus, for TORRENT POWER , the investors are currently willing to pay '6.21 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 TORRENT POWER !
The chart below summarizes the trend in P/B Ratio of TORRENT POWER over the last five years.
Historical PB (Price/Book ) ratio chart of TORRENT POWER
PB Ratio Performance Analysis for TORRENT POWER
- TORRENT POWER 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.69x.
- TORRENT POWER 's operated at median p/b ratio of 2.22x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TORRENT POWER 's p/b ratio peaked in Mar2024 at 5.4x.
- TORRENT POWER 's p/b ratio hit its five-year low in Mar2020 of 1.46x.
How does TORRENT POWER '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 |
---|---|---|---|
TORRENT POWER | 12,061.70 | 6.21 | 74,891.9 |
NTPC LTD | 160,709.00 | 2.25 | 361,201.0 |
ADANI GREEN ENERGY LTD | 6,072.00 | 38.88 | 236,068.0 |
POWER GRID CORPORATION OF INDIA LTD | 87,145.10 | 3.33 | 290,365.0 |
ADANI POWER LTD | 43,145.00 | 4.91 | 211,881.0 |
TATA POWER COMPANY LTD | 32,347.00 | 4.00 | 129,299.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 8.34 | 105,401.0 |
NHPC LTD | 38,702.40 | 2.03 | 78,722.9 |
JSW ENERGY LTD | 20,742.10 | 6.17 | 128,033.0 |
SJVN LTD | 14,070.80 | 2.90 | 40,810.9 |
NLC INDIA LTD | 16,531.10 | 1.95 | 32,211.6 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs TORRENT POWER 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.95x |
Max industry PB | 38.88x |
Median industry PB | 4.00x |
Average industry PB | 7.36x |
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