NHPC
|
The Current P/E Ratio of NHPC is 24.29.
| Share Price | ₹78.2 | Jul 28,2026 |
| Market Cap | ₹78,582.0 Cr | |
| Earnings-TTM | ₹3,234.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 24.29x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of NHPC
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹78,582.0 Cr] as on Jul 28,2026
(/) Earnings [ ₹3,234.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 24.29x ]
Thus, for NHPC , the investors are currently willing to pay 24.29 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of NHPC !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of NHPC over the last five years.
Historical PE (Price/Earnings) ratio chart of NHPC
PE Ratio Performance Analysis for NHPC
- NHPC 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 15.66x.
- NHPC 's operated at median p/e ratio of 10.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NHPC 's p/e ratio peaked in Mar2025 at 27.48x.
- NHPC 's p/e ratio hit its five-year low in Mar2021 of 7.51x.
How does NHPC 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
| Peer Comparison (Power Generation/Distribution Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
|---|---|---|---|
| NHPC | 3,234.62 | 24.29 | 78,582.0 |
| ADANI POWER LTD | 14,414.90 | 27.87 | 401,700.0 |
| NTPC LTD | 29,269.50 | 11.39 | 333,371.0 |
| POWER GRID CORPORATION OF INDIA LTD | 18,834.70 | 14.09 | 265,346.0 |
| ADANI GREEN ENERGY LTD | 1,788.00 | 126.89 | 226,874.0 |
| ADANI ENERGY SOLUTIONS LTD | 3,087.33 | 64.18 | 198,158.0 |
| TATA POWER COMPANY LTD | 4,436.47 | 26.74 | 118,627.0 |
| JSW ENERGY LTD | 2,448.37 | 40.76 | 99,796.5 |
| NTPC GREEN ENERGY LTD | 574.78 | 135.30 | 77,766.6 |
| TORRENT POWER LTD | 2,469.36 | 29.22 | 72,156.5 |
| NLC INDIA LTD | 3,769.19 | 11.00 | 41,474.3 |
Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs NHPC 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.00x |
| Max industry PE | 135.30x |
| Median industry PE | 27.87x |
| Average industry PE | 46.52x |
You may also like the below Video Courses