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TORRENT POWER
PB (Price/Book ) Ratio

The Current P/B Ratio of TORRENT POWER is 6.50.

Share Price ₹1,489.5Apr 26,2024
Market Cap ₹71,583.0 Cr
Book Value₹11,010.0 CrMar2023 - Consolidated Results
Price/Book 6.50xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TORRENT 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 TORRENT POWER is calculated as :

Current Market Cap [ ₹71,583.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹11,010.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 6.50x ]

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

Thus, for TORRENT POWER , the investors are currently willing to pay '6.50 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 TORRENT POWER !

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

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


PB Ratio Performance Analysis for TORRENT POWER

- TORRENT POWER 's latest p/b ratio is 6.50x.

- TORRENT POWER 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.89x.

- TORRENT POWER 's operated at median p/b ratio of 2x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TORRENT POWER 's p/b ratio peaked in Mar2022 at 2.38x.

- TORRENT POWER 's p/b ratio hit its five-year low in Mar2019 of 1.4x.


How does TORRENT 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
TORRENT POWER 11,010.006.5071,583.0
NTPC LTD147,023.002.35344,959.0
ADANI GREEN ENERGY LTD5,880.0048.64286,013.0
POWER GRID CORPORATION OF INDIA LTD83,014.503.27271,671.0
ADANI POWER LTD29,875.707.64228,215.0
TATA POWER COMPANY LTD28,787.404.85139,556.0
ADANI ENERGY SOLUTIONS LTD11,662.4010.15118,421.0
NHPC LTD36,899.302.5292,956.8
JSW ENERGY LTD18,563.705.65104,971.0
SJVN LTD13,859.503.8252,895.0
NLC INDIA LTD15,168.802.2934,776.9

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.29x
Max industry PB 48.64x
Median industry PB 4.85x
Average industry PB 8.88x



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