Waaree Renewable Technologies P/B Ratio
Waaree Renewable Technologies (WAAREERTL) P/B ratio is 10.69 (High), book value per share ₹444.76 vs Power average P/B of -0.1 — Very High - Significant premium, high growth expectations or speculative. View Waaree Renewable Technologies 52-week for the annual high/low range and current price position.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
WAAREERTL P/B Ratio — Valuation Insights & Book Value Analysis
Waaree Renewable Technologies price-to-book ratio interpretation, valuation status and historical context — current P/B 10.69 (High). For live price, earnings yield and the full fundamental profile, see WAAREERTL stock price BSE.
- Stock appears overvalued with PB of 10.69, 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 53.0% above historical average
- Trading at premium to sector average PB of -0.1
Waaree Renewable Technologies P/B Ratio Historical Trend
WAAREERTL 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. Compare with WAAREERTL fair value to assess whether the stock is under or overvalued.
WAAREERTL Historical P/B Ratio — Book Value Per Share & Year-End Price
Waaree Renewable Technologies 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 | 2.22 | ₹444.76 | ₹988.00 | ₹934 | Moderate |
| 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 |
WAAREERTL vs Power Peers — P/B Ratio Comparison
Waaree Renewable Technologies P/B 10.69 vs Power average -0.1, median 1.99 — range -145.43–21.69.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Waaree Technologies | WAAREE | -145.43 | ₹292 | Low |
| SRM Energy | SRMENERGY | -0.38 | ₹18 | Low |
| Reliance Infrastructure | RELINFRA | 0.17 | ₹2,996 | Low |
| Veer Energy & Infrastruc… | VEERENRGY | 0.31 | ₹20 | Low |
| Emkay Tap & Cut. Tool | EMKAYTOOLS | 0.36 | ₹111 | Low |
| Advance Metering Tech | AMTL | 0.36 | ₹32 | Low |
| Waa Solar | WAA | 0.41 | ₹70 | Low |
| Indowind Energy | INDOWIND | 0.47 | ₹161 | Low |
| IND Renewable Energy | INDRENEW | 0.59 | ₹15 | Low |
| Gujarat Industries Power… | GIPCL | 0.65 | ₹2,331 | Low |