NHPC P/B Ratio
NHPC (NHPC) P/B ratio is 1.96 (Moderate), book value per share ₹41.25 vs Power average P/B of 2.69 — Moderate - Reasonably valued relative to book value. For live price, earnings yield and the full fundamental profile, see NHPC share price chart.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
NHPC P/B Ratio — Valuation Insights & Book Value Analysis
NHPC price-to-book ratio interpretation, valuation status and historical context — current P/B 1.96 (Moderate). Review NHPC price earnings ratio to evaluate earnings-based valuation against sector peers.
- Current PB is 20.4% above historical average
- Trading at discount to sector average PB of 2.69
NHPC P/B Ratio Historical Trend
NHPC 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 NHPC annual price range for the annual high/low range and current price position.
NHPC Historical P/B Ratio — Book Value Per Share & Year-End Price
NHPC 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 | 1.92 | ₹41.25 | ₹79.39 | ₹41,437 | Moderate |
| 2025 | 1.76 | ₹44.96 | ₹79.22 | ₹45,163 | Moderate |
| 2024 | 1.85 | ₹43.66 | ₹80.69 | ₹43,859 | Moderate |
| 2023 | 1.55 | ₹41.65 | ₹64.60 | ₹41,835 | Moderate |
| 2022 | 1.06 | ₹37.61 | ₹39.75 | ₹37,784 | Moderate |
NHPC vs Power Peers — P/B Ratio Comparison
NHPC P/B 1.96 vs Power average 2.69, median 1.91 — range -40.85–20.68.
| 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 |