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TORRENT POWER
PB (Price/Book ) Ratio

The Current P/B Ratio of TORRENT POWER is 6.21.

Share Price ₹1,558.3Nov 14,2024
Market Cap ₹74,891.9 Cr
Book Value₹12,061.7 CrMar2024 - Consolidated Results
Price/Book 6.21xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TORRENT POWER

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of TORRENT POWER is calculated as :

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 ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

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 latest p/b ratio is 6.21x.

- 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 ValuePB RatioMarket Cap
TORRENT POWER 12,061.706.2174,891.9
NTPC LTD160,709.002.25361,201.0
ADANI GREEN ENERGY LTD6,072.0038.88236,068.0
POWER GRID CORPORATION OF INDIA LTD87,145.103.33290,365.0
ADANI POWER LTD43,145.004.91211,881.0
TATA POWER COMPANY LTD32,347.004.00129,299.0
ADANI ENERGY SOLUTIONS LTD12,641.508.34105,401.0
NHPC LTD38,702.402.0378,722.9
JSW ENERGY LTD20,742.106.17128,033.0
SJVN LTD14,070.802.9040,810.9
NLC INDIA LTD16,531.101.9532,211.6

Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs TORRENT POWER 's P/B Ratio

Top 10 Industry PeersPB 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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