TATA POWER COMPANY
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The Current P/B Ratio of TATA POWER COMPANY is 4.39.
Share Price | ₹444.8 | Nov 07,2024 |
Market Cap | ₹142,126.9 Cr | |
Book Value | ₹32,347.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 4.39x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of TATA POWER COMPANY
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹142,126.9 Cr] as on Nov 07,2024
(/) Book Value [ ₹32,347.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.39x ]
Thus, for TATA POWER COMPANY , the investors are currently willing to pay '4.39 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 TATA POWER COMPANY !
The chart below summarizes the trend in P/B Ratio of TATA POWER COMPANY over the last five years.
Historical PB (Price/Book ) ratio chart of TATA POWER COMPANY
PB Ratio Performance Analysis for TATA POWER COMPANY
- TATA POWER COMPANY 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.29x.
- TATA POWER COMPANY 's operated at median p/b ratio of 2.11x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA POWER COMPANY 's p/b ratio peaked in Mar2024 at 3.89x.
- TATA POWER COMPANY 's p/b ratio hit its five-year low in Mar2020 of 0.49x.
How does TATA POWER COMPANY '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 |
---|---|---|---|
TATA POWER COMPANY | 32,347.00 | 4.39 | 142,126.9 |
NTPC LTD | 160,709.00 | 2.44 | 391,745.0 |
ADANI GREEN ENERGY LTD | 6,072.00 | 42.87 | 260,336.0 |
POWER GRID CORPORATION OF INDIA LTD | 87,145.10 | 3.34 | 291,016.0 |
ADANI POWER LTD | 43,145.00 | 5.36 | 231,262.0 |
ADANI ENERGY SOLUTIONS LTD | 12,641.50 | 9.16 | 115,780.0 |
NHPC LTD | 38,702.40 | 2.19 | 84,910.7 |
JSW ENERGY LTD | 20,742.10 | 6.02 | 124,896.0 |
TORRENT POWER LTD | 12,061.70 | 7.00 | 84,432.4 |
SJVN LTD | 14,070.80 | 3.22 | 45,251.6 |
NLC INDIA LTD | 16,531.10 | 2.18 | 36,004.0 |
Power Generation/Distribution Industry Benchmark (Top 10) PB Analysis vs TATA POWER COMPANY 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 2.18x |
Max industry PB | 42.87x |
Median industry PB | 4.39x |
Average industry PB | 8.02x |
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