Power Grid Corporation of India P/B Ratio

POWERGRID • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.75
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 2.75
Current Price ₹295.40
Book Value/Share ₹99.63
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹92,663 Cr
Share Capital ₹9,301 Cr
Reserves & Surplus ₹83,362 Cr
Outstanding Shares 9,301,000,000
Book Value per Share ₹99.63

Valuation Signal

Signal Overvalued
Historical Avg 2.1
Historical Range 1.12 - 3.29
Percentile 80.0%

Sector Context

Sector Average 0.65
Sector Median 1.84
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for Power Grid Corporation of India

  • Current PB is 31.1% above historical average
  • Trading at premium to sector average PB of 0.65

P/B Ratio Historical Trend for Power Grid Corporation of India

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 2.66 ₹99.63 ₹264.60 ₹92,663 Moderate
2024 3.29 ₹93.69 ₹308.70 ₹87,145 High
2023 1.99 ₹119.02 ₹237.20 ₹83,026 Moderate
2022 1.43 ₹109.3 ₹156.70 ₹76,247 Moderate
2021 1.12 ₹133.67 ₹149.75 ₹69,936 Moderate

Sector P/B Ratio Comparison

Comparing Power Grid Corporation of India with other companies in Power sector
Sector Average
0.65
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