Inox Green Energy Services P/B Ratio

Current P/B Ratio
4.22
High Valuation
Very High - Significant premium, high growth expectations or speculative

Inox Green Energy Services (INOXGREEN) P/B ratio is 4.22 (High), book value per share ₹42.46 vs Utilities average P/B of 2.98 — Very High - Significant premium, high growth expectations or speculative. Review INOXGREEN earnings multiple to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 4.22
Current Price ₹179.66
Book Value/Share ₹42.46
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹1,707 Cr
Share Capital ₹402 Cr
Reserves & Surplus ₹1,306 Cr
Outstanding Shares 402,000,000
Book Value per Share ₹42.46

Valuation Signal

Signal Overvalued
Historical Avg 3.22
Historical Range 1.39 - 4.23
Percentile 80.0%

Sector Context

Sector Average 2.98
Sector Median 2.71
Sector Rank #11 of 24
Sector Percentile 45.8%

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

Inox Green Energy Services price-to-book ratio interpretation, valuation status and historical context — current P/B 4.22 (High). View Inox Green Energy Services yearly highs lows for the annual high/low range and current price position.

  • Stock appears overvalued with PB of 4.22, 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 31.1% above historical average
  • Trading at premium to sector average PB of 2.98

Inox Green Energy Services P/B Ratio Historical Trend

INOXGREEN 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 Inox Green Energy Services share price chart.

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

Inox Green Energy Services 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 4.23 ₹42.46 ₹179.66 ₹1,707 High
2025 3.91 ₹53.79 ₹210.35 ₹1,974 High
2024 3.85 ₹45.92 ₹176.95 ₹1,350 High
2023 2.71 ₹38.8 ₹105.03 ₹1,133 Moderate
2022 1.39 ₹34.34 ₹47.90 ₹807 Moderate

INOXGREEN vs Utilities Peers — P/B Ratio Comparison

Inox Green Energy Services P/B 4.22 vs Utilities average 2.98, median 2.71 — range -1.53–8.72.

Sector Average
2.98
Sector Median
2.71
Lowest P/B
-1.53
Highest P/B
8.72
Companies
24
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
JITF Infralogistics JITFINFRA -1.53 ₹792 Low
Concord Enviro Systems CEWATER 0.99 ₹542 Low
VVIP Infratech VVIPIL 1.32 ₹303 Moderate
EP Biocomposites EPBIO 1.34 ₹16 Moderate
Organic Recycling Systems ORGANICREC 1.46 ₹248 Moderate
Antony Waste Handling Ce… AWHCL 1.48 ₹1,074 Moderate
GEM Enviro Management GEMENVIRO 1.51 ₹80 Moderate
EMS EMSLIMITED 1.55 ₹1,649 Moderate
Sattva Engineering Const… SATTVAENGG 1.76 ₹135 Moderate
Greenleaf Envirotech GREENLEAF 1.9 ₹70 Moderate