Adani Green Energy P/B Ratio

Current P/B Ratio
12.68
High Valuation
Very High - Significant premium, high growth expectations or speculative

Adani Green Energy (ADANIGREEN) P/B ratio is 12.68 (High), book value per share ₹181.41 vs Power average P/B of 2.42 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see ADANIGREEN screener.

Current Valuation Metrics

P/B Ratio 12.68
Current Price ₹1549.90
Book Value/Share ₹181.41
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹29,879 Cr
Share Capital ₹1,647 Cr
Reserves & Surplus ₹17,643 Cr
Outstanding Shares 1,647,000,000
Book Value per Share ₹181.41

Valuation Signal

Signal Overvalued
Historical Avg 35.02
Historical Range 7.12 - 115.58
Percentile 60.0%

Sector Context

Sector Average 2.42
Sector Median 1.84
Sector Rank #11 of 44
Sector Percentile 25.0%

ADANIGREEN P/B Ratio — Valuation Insights & Book Value Analysis

Adani Green Energy price-to-book ratio interpretation, valuation status and historical context — current P/B 12.68 (High). Compare with ADANIGREEN stock valuation models to assess whether the stock is under or overvalued.

  • Stock appears overvalued with PB of 12.68, 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 63.8% below historical average
  • Trading at premium to sector average PB of 2.42

Adani Green Energy P/B Ratio Historical Trend

ADANIGREEN annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View ADANIGREEN 52-week high low for the annual high/low range and current price position.

ADANIGREEN Historical P/B Ratio — Book Value Per Share & Year-End Price

Adani Green Energy annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2026 8.54 ₹181.41 ₹1549.90 ₹29,879 High
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

ADANIGREEN vs Power Peers — P/B Ratio Comparison

Adani Green Energy P/B 12.68 vs Power average 2.42, median 1.84 — range -44.54–20.92.

Sector Average
2.42
Sector Median
1.84
Lowest P/B
-44.54
Highest P/B
20.92
Companies
44
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -44.54 ₹262 Low
SRM Energy SRMENERGY -0.38 ₹18 Low
Reliance Infrastructure RELINFRA 0.17 ₹2,996 Low
Veer Energy & Infrastruc… VEERENRGY 0.29 ₹18 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.35 ₹102 Low
Waa Solar WAA 0.36 ₹72 Low
Advance Metering Tech AMTL 0.38 ₹31 Low
Indowind Energy INDOWIND 0.48 ₹148 Low
IND Renewable Energy INDRENEW 0.6 ₹15 Low
Gujarat Industries Power… GIPCL 0.65 ₹2,504 Low