IND Renewable Energy P/B Ratio

INDRENEW • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
0.64
Low Valuation
Low - Trading below book value, may indicate undervaluation

Current Valuation Metrics

P/B Ratio 0.64
Current Price ₹12.00
Book Value/Share ₹18.57
Exchange BSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹26 Cr
Share Capital ₹14 Cr
Reserves & Surplus ₹12 Cr
Outstanding Shares 14,000,000
Book Value per Share ₹18.57

Valuation Signal

Signal Undervalued
Historical Avg 1.23
Historical Range 0.61 - 2.35
Percentile 20.0%

Sector Context

Sector Average 0.17
Sector Median 1.93
Sector Rank #8 of 43
Sector Percentile 18.6%

Key P/B Ratio Insights for IND Renewable Energy

  • Stock appears undervalued with PB of 0.64, trading below book value
  • Trading below book value - potential value opportunity or financial distress signal
  • Current PB is 47.9% below historical average
  • Trading at premium to sector average PB of 0.17

View the current stock price of IND Renewable Energy for more insights.

P/B Ratio Historical Trend for IND Renewable 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 0.61 ₹18.57 ₹11.24 ₹26 Low
2024 0.79 ₹18.57 ₹14.63 ₹26 Low
2023 2.35 ₹10.0 ₹23.51 ₹3 Moderate
2022 0.97 ₹10.0 ₹9.68 ₹3 Low
2021 1.42 ₹10.0 ₹14.19 ₹3 Moderate

Sector P/B Ratio Comparison

Comparing IND Renewable Energy with other companies in Power sector
Sector Average
0.17
Sector Median
1.93
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 ₹121 Low
Waa Solar WAA 0.49 ₹91 Low
Indowind Energy INDOWIND 0.69 ₹227 Low
Gujarat Industries Power… GIPCL 0.69 ₹2,443 Low
PTC India PTC 0.81 ₹4,787 Low