NTPC
|
The Current P/S Ratio of NTPC is 1.66.
| Share Price | ₹326.5 | Sep 21,2026 |
| Market Cap | ₹316,597.3 Cr | |
| Sales-TTM | ₹191,060.0 Cr | TTM-Consolidated Results |
| Price/Sales | 1.66x | Calculated as Market Cap/Sales |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PS (Price/Sales) ratio of NTPC
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹316,597.3 Cr] as on Sep 21,2026
(/) Sales [ ₹191,060.0 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 1.66x ]
Thus, for NTPC , the investors are currently willing to pay '1.66 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of NTPC !
The chart below summarizes the trend in P/S Ratio of NTPC over the last five years.
Historical PS (Price/Sales) ratio chart of NTPC
PS Ratio Performance Analysis for NTPC
- NTPC 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 1.52x.
- NTPC 's operated at median p/e ratio of 1.84x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NTPC 's p/e ratio peaked in Mar2026 at 1.94x.
- NTPC 's p/e ratio hit its five-year low in Mar2023 of 0.97x.
How does NTPC 's P/S Ratio benchmark against top 10 peers in Power Generation/Distribution Industry?
| Peer Comparison (Power Generation/Distribution Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
|---|---|---|---|
| NTPC | 191,060.0 | 1.66 | 316,597.3 |
| ADANI POWER LTD | 59,033.3 | 6.77 | 399,579.0 |
| POWER GRID CORPORATION OF INDIA LTD | 47,033.4 | 5.28 | 248,233.0 |
| ADANI GREEN ENERGY LTD | 13,559.0 | 15.84 | 214,792.0 |
| ADANI ENERGY SOLUTIONS LTD | 30,479.8 | 5.64 | 171,825.0 |
| TATA POWER COMPANY LTD | 63,444.8 | 1.85 | 117,269.0 |
| JSW ENERGY LTD | 18,964.9 | 5.00 | 94,772.7 |
| NTPC GREEN ENERGY LTD | 3,285.1 | 23.39 | 76,822.9 |
| NHPC LTD | 12,209.8 | 6.24 | 76,131.3 |
| TORRENT POWER LTD | 29,184.1 | 2.18 | 63,690.9 |
| NLC INDIA LTD | 18,380.7 | 2.01 | 36,953.9 |
Power Generation/Distribution Industry Benchmark (Top 10) PS Analysis vs NTPC 's P/S Ratio
| Top 10 Industry Peers | PS Ratio |
|---|---|
| Min industry PS | 1.66x |
| Max industry PS | 23.39x |
| Median industry PS | 5.28x |
| Average industry PS | 6.89x |
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