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WAAREE RENEWABLE TECHNOLOGIES
PE (Price/Earnings) Ratio

The Current P/E Ratio of WAAREE RENEWABLE TECHNOLOGIES is 38.51.

Share Price ₹1,061.3Jul 30,2025
Market Cap ₹11,058.2 Cr
Earnings-TTM₹287.2 CrTTM-Consolidated Results
Price/Earnings38.51xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of WAAREE RENEWABLE TECHNOLOGIES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of WAAREE RENEWABLE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹11,058.2 Cr] as on Jul 30,2025

(/) Earnings [ ₹287.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 38.51x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for WAAREE RENEWABLE TECHNOLOGIES , the investors are currently willing to pay 38.51 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 WAAREE RENEWABLE TECHNOLOGIES !

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 WAAREE RENEWABLE TECHNOLOGIES over the last five years.

Historical PE (Price/Earnings) ratio chart of WAAREE RENEWABLE TECHNOLOGIES


PE Ratio Performance Analysis for WAAREE RENEWABLE TECHNOLOGIES

- WAAREE RENEWABLE TECHNOLOGIES 's latest p/e ratio is 38.51x.

- WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 23.68x.

- WAAREE RENEWABLE TECHNOLOGIES 's operated at median p/e ratio of 5.82x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio peaked in Mar2024 at 98.82x.

- WAAREE RENEWABLE TECHNOLOGIES 's p/e ratio hit its five-year low in Mar2021 of 0x.


How does WAAREE RENEWABLE TECHNOLOGIES 's P/E Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?

Peer Comparison (Power Generation/Distribution Industry)Earnings-TTM (Cr)PE RatioMarket Cap
WAAREE RENEWABLE TECHNOLOGIES 287.1538.5111,058.2
NTPC LTD18,037.5018.22328,620.0
POWER GRID CORPORATION OF INDIA LTD15,355.4017.51268,880.0
ADANI POWER LTD12,749.6017.83227,386.0
ADANI GREEN ENERGY LTD1,815.0091.66166,357.0
TATA POWER COMPANY LTD3,982.0232.19128,197.0
ADANI ENERGY SOLUTIONS LTD2,626.0637.6998,967.7
JSW ENERGY LTD1,960.1346.9592,028.8
NHPC LTD3,147.7026.9484,810.2
TORRENT POWER LTD3,058.6122.0167,326.5
SJVN LTD825.1346.0838,020.8

Power Generation/Distribution Industry Benchmark (Top 10) PE Analysis vs WAAREE RENEWABLE TECHNOLOGIES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 17.51x
Max industry PE 91.66x
Median industry PE 32.19x
Average industry PE 35.96x



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