IND Renewable Energy P/B Ratio
IND Renewable Energy (INDRENEW) P/B ratio is 0.59 (Low), book value per share ₹18.57 vs Power average P/B of 0.13 — Low - Trading below book value, may indicate undervaluation. Compare with INDRENEW stock valuation models to assess whether the stock is under or overvalued.
Current Valuation Metrics
Book Value Breakdown (2024)
Valuation Signal
Sector Context
INDRENEW P/B Ratio — Valuation Insights & Book Value Analysis
IND Renewable Energy price-to-book ratio interpretation, valuation status and historical context — current P/B 0.59 (Low). For live price, earnings yield and the full fundamental profile, see INDRENEW share price screener.
- Stock appears undervalued with PB of 0.59, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Current PB is 51.9% below historical average
- Trading at premium to sector average PB of 0.13
IND Renewable Energy P/B Ratio Historical Trend
INDRENEW 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 IND Renewable Energy yearly highs lows for the annual high/low range and current price position.
INDRENEW Historical P/B Ratio — Book Value Per Share & Year-End Price
IND Renewable 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 |
|---|---|---|---|---|---|
| 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 |
| 2020 | 0.6 | ₹10.0 | ₹6.00 | ₹3 | Low |
INDRENEW vs Power Peers — P/B Ratio Comparison
IND Renewable Energy P/B 0.59 vs Power average 0.13, median 2.02 — range -145.43–21.69.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Waaree Technologies | WAAREE | -145.43 | ₹292 | Low |
| SRM Energy | SRMENERGY | -0.38 | ₹18 | Low |
| Reliance Infrastructure | RELINFRA | 0.17 | ₹2,996 | Low |
| Veer Energy & Infrastruc… | VEERENRGY | 0.31 | ₹20 | Low |
| Advance Metering Tech | AMTL | 0.36 | ₹32 | Low |
| Emkay Tap & Cut. Tool | EMKAYTOOLS | 0.36 | ₹111 | Low |
| Waa Solar | WAA | 0.41 | ₹70 | Low |
| Indowind Energy | INDOWIND | 0.47 | ₹161 | Low |
| Gujarat Industries Power… | GIPCL | 0.65 | ₹2,331 | Low |
| Reliance Power | RPOWER | 0.75 | ₹11,055 | Low |