Adani Green Energy P/B Ratio

ADANIGREEN • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
8.69
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 8.69
Current Price ₹1019.40
Book Value/Share ₹142.51
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹22,573 Cr
Share Capital ₹1,584 Cr
Reserves & Surplus ₹6,791 Cr
Outstanding Shares 1,584,000,000
Book Value per Share ₹142.51

Valuation Signal

Signal Overvalued
Historical Avg 52.89
Historical Range 7.12 - 115.58
Percentile 20.0%

Sector Context

Sector Average 0.01
Sector Median 1.9
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for Adani Green Energy

  • Stock appears overvalued with PB of 8.69, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 83.6% below historical average
  • Trading at premium to sector average PB of 0.01

View the current stock price of Adani Green Energy for more insights.

P/B Ratio Historical Trend for Adani Green Energy

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 7.12 ₹142.51 ₹1015.10 ₹22,573 High
2024 9.45 ₹110.15 ₹1040.70 ₹17,448 High
2023 34.42 ₹46.4 ₹1597.00 ₹7,350 High
2022 115.58 ₹16.71 ₹1931.80 ₹2,614 High
2021 97.86 ₹13.59 ₹1330.25 ₹2,126 High

Sector P/B Ratio Comparison

Comparing Adani Green Energy with other companies in Power sector
Sector Average
0.01
Sector Median
1.9
Lowest P/B
-126.23
Highest P/B
16.77
Companies
43
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -126.23 ₹240 Low
SRM Energy SRMENERGY -0.33 ₹15 Low
Veer Energy & Infrastruc… VEERENRGY 0.31 ₹20 Low
Reliance Infrastructure RELINFRA 0.35 ₹5,986 Low
Advance Metering Tech AMTL 0.39 ₹38 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.4 ₹123 Low
Waa Solar WAA 0.49 ₹91 Low
IND Renewable Energy INDRENEW 0.64 ₹17 Low
Gujarat Industries Power… GIPCL 0.69 ₹2,443 Low
Indowind Energy INDOWIND 0.69 ₹227 Low