NHPC
|
The Current P/B Ratio of NHPC is 1.95.
| Share Price | ₹80.4 | Nov 09,2026 |
| Market Cap | ₹80,761.8 Cr | |
| Book Value | ₹41,437.2 Cr | Mar2026 - Consolidated Results |
| Price/Book | 1.95x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of NHPC
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹80,761.8 Cr] as on Nov 09,2026
(/) Book Value [ ₹41,437.2 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 1.95x ]
Thus, for NHPC , the investors are currently willing to pay '1.95 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 NHPC !
The chart below summarizes the trend in P/B Ratio of NHPC over the last five years.
Historical PB (Price/Book ) ratio chart of NHPC
PB Ratio Performance Analysis for NHPC
- NHPC 's p/b ratio for fiscal years ending Mar2026 to Mar2022 averaged 1.62x.
- NHPC 's operated at median p/b ratio of 1.79x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NHPC 's p/b ratio peaked in Mar2024 at 2.33x.
- NHPC 's p/b ratio hit its five-year low in Mar2022 of 0.8x.
How does NHPC '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 |
|---|---|---|---|
| NHPC | 41,437.20 | 1.95 | 80,761.8 |
| ADANI POWER LTD | 64,936.90 | 6.12 | 397,265.0 |
| NTPC LTD | 203,176.00 | 1.57 | 318,439.0 |
| POWER GRID CORPORATION OF INDIA LTD | 100,494.00 | 2.39 | 240,142.0 |
| ADANI GREEN ENERGY LTD | 19,290.00 | 12.36 | 238,445.0 |
| ADANI ENERGY SOLUTIONS LTD | 25,427.50 | 6.92 | 175,983.0 |
| TATA POWER COMPANY LTD | 39,386.40 | 2.92 | 114,872.0 |
| JSW ENERGY LTD | 29,947.80 | 3.19 | 95,634.5 |
| NTPC GREEN ENERGY LTD | 18,965.20 | 3.67 | 69,517.2 |
| TORRENT POWER LTD | 19,075.30 | 3.27 | 62,282.5 |
| NLC INDIA LTD | 21,524.80 | 1.57 | 33,695.3 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs NHPC 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.57x |
| Max industry PB | 12.36x |
| Median industry PB | 3.19x |
| Average industry PB | 4.17x |
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