Waaree Renewable Technologies P/B Ratio
WAAREERTL • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
13.3
High Valuation
Very High - Significant premium, high growth expectations or speculative
Current Valuation Metrics
P/B Ratio
13.3
Current Price
₹854.30
Book Value/Share
₹216.67
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹455 Cr
Share Capital
₹21 Cr
Reserves & Surplus
₹435 Cr
Outstanding Shares
21,000,000
Book Value per Share
₹216.67
Valuation Signal
Signal
Overvalued
Historical Avg
7.02
Historical Range
2.38 - 11.46
Percentile
100.0%
Sector Context
Sector Average
0.22
Sector Median
1.86
Sector Rank
#11 of 43
Sector Percentile
25.6%
Key P/B Ratio Insights for Waaree Renewable Technologies
- Stock appears overvalued with PB of 13.3, 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 89.5% above historical average
- Trading at premium to sector average PB of 0.22
P/B Ratio Historical Trend for Waaree Renewable Technologies
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.
Related Pages for Waaree Renewable Technologies
Additional stock information and data for WAAREERTL
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 4.47 | ₹216.67 | ₹967.60 | ₹455 | High |
| 2024 | 11.46 | ₹117.14 | ₹1342.85 | ₹246 | High |
| 2023 | 9.79 | ₹40.48 | ₹396.25 | ₹85 | High |
| 2022 | 7.0 | ₹14.29 | ₹100.05 | ₹30 | High |
| 2021 | 2.38 | ₹25.71 | ₹61.15 | ₹54 | Moderate |
Sector P/B Ratio Comparison
Comparing Waaree Renewable Technologies with other companies in Power sector
Sector Average
0.22
Sector Median
1.86
Lowest P/B
-95.05
Highest P/B
14.46
Companies
43
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Waaree Technologies | WAAREE | -95.05 | ₹165 | Low |
| SRM Energy | SRMENERGY | -0.34 | ₹16 | Low |
| Reliance Infrastructure | RELINFRA | 0.18 | ₹2,880 | Low |
| Veer Energy & Infrastruc… | VEERENRGY | 0.31 | ₹20 | Low |
| Emkay Tap & Cut. Tool | EMKAYTOOLS | 0.33 | ₹102 | Low |
| Waa Solar | WAA | 0.34 | ₹62 | Low |
| Advance Metering Tech | AMTL | 0.39 | ₹38 | Low |
| Indowind Energy | INDOWIND | 0.4 | ₹123 | Low |
| Gujarat Industries Power… | GIPCL | 0.58 | ₹2,050 | Low |
| Reliance Power | RPOWER | 0.61 | ₹8,830 | Low |