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RAVINDRA ENERGY
PB (Price/Book ) Ratio

The Current P/B Ratio of RAVINDRA ENERGY is 10.15.

Share Price ₹73.7Mar 28,2024
Market Cap ₹1,135.7 Cr
Book Value₹111.9 CrMar2023 - Consolidated Results
Price/Book 10.15xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RAVINDRA 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 RAVINDRA ENERGY is calculated as :

Current Market Cap [ ₹1,135.7 Cr] as on Mar 28,2024

(/) Book Value [ ₹111.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 10.15x ]

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

Thus, for RAVINDRA ENERGY , the investors are currently willing to pay '10.15 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 latest p/b ratio is 10.15x.

- RAVINDRA ENERGY 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -4.62x.

- RAVINDRA ENERGY 's operated at median p/b ratio of 5.26x 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 Mar2019 of -24.66x.


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 ValuePB RatioMarket Cap
RAVINDRA ENERGY 111.8910.151,135.7
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 RAVINDRA 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 9.31x



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