Power Grid Corporation of India P/B Ratio
Power Grid Corporation of India (POWERGRID) P/B ratio is 2.67 (Moderate), book value per share ₹108.05 vs Power average P/B of 2.68 — High - Premium to book value, growth expectations or asset-light model. View POWERGRID 52-week chart for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
Power Grid Corporation of India P/B Ratio Historical Trend
POWERGRID 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. Review POWERGRID price earnings ratio to evaluate earnings-based valuation against sector peers.
POWERGRID Historical P/B Ratio — Book Value Per Share & Year-End Price
Power Grid Corporation of India 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 | 2.67 | ₹108.05 | ₹288.20 | ₹100,494 | Moderate |
| 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 |
POWERGRID vs Power Peers — P/B Ratio Comparison
Power Grid Corporation of India P/B 2.67 vs Power average 2.68, 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 |