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INOX WIND ENERGY
PB (Price/Book ) Ratio

The Current P/B Ratio of INOX WIND ENERGY is 6.63.

Share Price ₹5,804.0Mar 28,2024
Market Cap ₹6,964.8 Cr
Book Value₹1,051.3 CrMar2023 - Consolidated Results
Price/Book 6.63xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of INOX WIND ENERGY

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 INOX WIND ENERGY is calculated as :

Current Market Cap [ ₹6,964.8 Cr] as on Mar 28,2024

(/) Book Value [ ₹1,051.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 6.63x ]

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

Thus, for INOX WIND ENERGY , the investors are currently willing to pay '6.63 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 INOX WIND ENERGY !

The chart below summarizes the trend in P/B Ratio of INOX WIND ENERGY over the last five years.

Historical PB (Price/Book ) ratio chart of INOX WIND ENERGY


PB Ratio Performance Analysis for INOX WIND ENERGY

- INOX WIND ENERGY 's latest p/b ratio is 6.63x.

- INOX WIND ENERGY 's p/b ratio for fiscal years ending Mar2023 to Mar2021 averaged 0.58x.

- INOX WIND ENERGY 's operated at median p/b ratio of 0.57x from fiscal years ending March 2018 to 2022.

- Looking back at the last 3 fiscal years, INOX WIND ENERGY 's p/b ratio peaked in Mar2023 at 1.17x.

- INOX WIND ENERGY 's p/b ratio hit its five-year low in Mar2021 of 0x.


How does INOX WIND ENERGY 's P/B Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Book ValuePB RatioMarket Cap
INOX WIND ENERGY 1,051.256.636,964.8
NTPC LTD147,023.002.22325,760.0
ADANI GREEN ENERGY LTD5,880.0049.41290,504.0
POWER GRID CORPORATION OF INDIA LTD83,014.503.10257,673.0
ADANI POWER LTD29,875.706.89205,845.0
TATA POWER COMPANY LTD28,787.404.37125,944.0
ADANI ENERGY SOLUTIONS LTD11,662.409.81114,427.0
NHPC LTD36,899.302.4490,033.6
JSW ENERGY LTD18,563.704.6986,986.9
TORRENT POWER LTD11,010.005.9165,111.6
SJVN LTD13,859.503.4447,707.7

Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs INOX WIND ENERGY 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 2.22x
Max industry PB 49.41x
Median industry PB 4.69x
Average industry PB 8.99x



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