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RELIANCE POWER
PB (Price/Book ) Ratio

The Current P/B Ratio of RELIANCE POWER is 0.91.

Share Price ₹27.6Apr 24,2024
Market Cap ₹10,511.3 Cr
Book Value₹11,523.8 CrMar2023 - Consolidated Results
Price/Book 0.91xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RELIANCE 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 RELIANCE POWER is calculated as :

Current Market Cap [ ₹10,511.3 Cr] as on Apr 24,2024

(/) Book Value [ ₹11,523.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 0.91x ]

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

Thus, for RELIANCE POWER , the investors are currently willing to pay '0.91 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 RELIANCE POWER !

The chart below summarizes the trend in P/B Ratio of RELIANCE POWER over the last five years.

Historical PB (Price/Book ) ratio chart of RELIANCE POWER


PB Ratio Performance Analysis for RELIANCE POWER

- RELIANCE POWER 's latest p/b ratio is 0.91x.

- RELIANCE POWER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.21x.

- RELIANCE POWER 's operated at median p/b ratio of 0.18x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RELIANCE POWER 's p/b ratio peaked in Mar2022 at 0.4x.

- RELIANCE POWER 's p/b ratio hit its five-year low in Mar2020 of 0.03x.


How does RELIANCE 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
RELIANCE POWER 11,523.800.9110,511.3
NTPC LTD147,023.002.32340,886.0
ADANI GREEN ENERGY LTD5,880.0048.71286,425.0
POWER GRID CORPORATION OF INDIA LTD83,014.503.26270,229.0
ADANI POWER LTD29,875.707.70229,931.0
TATA POWER COMPANY LTD28,787.404.75136,872.0
ADANI ENERGY SOLUTIONS LTD11,662.4010.02116,814.0
NHPC LTD36,899.302.4690,636.4
JSW ENERGY LTD18,563.705.66105,067.0
TORRENT POWER LTD11,010.006.6172,813.4
SJVN LTD13,859.503.6850,949.8

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

Top 10 Industry PeersPB Ratio
Min industry PB 0.91x
Max industry PB 48.71x
Median industry PB 4.75x
Average industry PB 8.73x



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