NHPC P/B Ratio

NHPC • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
1.84
Moderate Valuation
Moderate - Reasonably valued relative to book value

Current Valuation Metrics

P/B Ratio 1.84
Current Price ₹76.70
Book Value/Share ₹44.96
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹45,163 Cr
Share Capital ₹10,045 Cr
Reserves & Surplus ₹29,623 Cr
Outstanding Shares 10,045,000,000
Book Value per Share ₹44.96

Valuation Signal

Signal Fairly Valued
Historical Avg 1.42
Historical Range 0.87 - 1.85
Percentile 80.0%

Sector Context

Sector Average 0.67
Sector Median 1.84
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for NHPC

  • Current PB is 29.6% above historical average
  • Trading at premium to sector average PB of 0.67

P/B Ratio Historical Trend for NHPC

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 1.76 ₹44.96 ₹79.22 ₹45,163 Moderate
2024 1.85 ₹43.7 ₹80.69 ₹43,892 Moderate
2023 1.56 ₹41.53 ₹64.60 ₹41,715 Moderate
2022 1.06 ₹37.61 ₹39.75 ₹37,784 Moderate
2021 0.87 ₹35.76 ₹30.95 ₹35,919 Low

Sector P/B Ratio Comparison

Comparing NHPC with other companies in Power sector
Sector Average
0.67
Sector Median
1.84
Lowest P/B
-87.91
Highest P/B
15.73
Companies
43
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -87.91 ₹169 Low
SRM Energy SRMENERGY -0.34 ₹16 Low
Reliance Infrastructure RELINFRA 0.17 ₹2,996 Low
Veer Energy & Infrastruc… VEERENRGY 0.31 ₹20 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.33 ₹101 Low
Waa Solar WAA 0.33 ₹65 Low
Indowind Energy INDOWIND 0.35 ₹125 Low
Advance Metering Tech AMTL 0.39 ₹38 Low
Gujarat Industries Power… GIPCL 0.57 ₹2,019 Low
Reliance Power RPOWER 0.61 ₹9,694 Low