Adani Power P/B Ratio

Current P/B Ratio
6.83
High Valuation
Very High - Significant premium, high growth expectations or speculative

Adani Power (ADANIPOWER) P/B ratio is 6.83 (High), book value per share ₹172.16 vs Power average P/B of 2.58 — Very High - Significant premium, high growth expectations or speculative. Review ADANIPOWER earnings multiple to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 6.83
Current Price ₹213.66
Book Value/Share ₹172.16
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹66,402 Cr
Share Capital ₹3,857 Cr
Reserves & Surplus ₹58,218 Cr
Outstanding Shares 3,857,000,000
Book Value per Share ₹172.16

Valuation Signal

Signal Overvalued
Historical Avg 3.98
Historical Range 0.96 - 6.78
Percentile 100.0%

Sector Context

Sector Average 2.58
Sector Median 1.91
Sector Rank #11 of 44
Sector Percentile 25.0%

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

Adani Power price-to-book ratio interpretation, valuation status and historical context — current P/B 6.83 (High). View Adani Power yearly highs lows for the annual high/low range and current price position.

  • Stock appears overvalued with PB of 6.83, 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 71.7% above historical average
  • Trading at premium to sector average PB of 2.58

Adani Power P/B Ratio Historical Trend

ADANIPOWER 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. For live price, earnings yield and the full fundamental profile, see Adani Power share price today.

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

Adani Power 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 1.24 ₹172.16 ₹213.66 ₹66,402 Moderate
2025 0.96 ₹149.53 ₹142.99 ₹57,674 Low
2024 4.73 ₹111.86 ₹529.45 ₹43,145 High
2023 6.78 ₹77.46 ₹525.15 ₹29,876 High
2022 6.18 ₹48.49 ₹299.55 ₹18,703 High

ADANIPOWER vs Power Peers — P/B Ratio Comparison

Adani Power P/B 6.83 vs Power average 2.58, median 1.91 — range -40.85–20.68.

Sector Average
2.58
Sector Median
1.91
Lowest P/B
-40.85
Highest P/B
20.68
Companies
44
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -40.85 ₹261 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 0.34 ₹100 Low
Waa Solar WAA 0.34 ₹64 Low
Advance Metering Tech AMTL 0.39 ₹30 Low
Indowind Energy INDOWIND 0.49 ₹148 Low
Gujarat Industries Power… GIPCL 0.66 ₹2,516 Low
Reliance Power RPOWER 0.67 ₹10,120 Low