Waaree Renewable Technologies P/B Ratio

Current P/B Ratio
9.32
High Valuation
Very High - Significant premium, high growth expectations or speculative

Waaree Renewable Technologies (WAAREERTL) P/B ratio is 9.32 (High), book value per share ₹444.76 vs Power average P/B of 2.59 — Very High - Significant premium, high growth expectations or speculative. Read WAAREERTL dividend track record for the complete payout history and dividend yield track record.

Current Valuation Metrics

P/B Ratio 9.32
Current Price ₹819.65
Book Value/Share ₹444.76
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹934 Cr
Share Capital ₹21 Cr
Reserves & Surplus ₹914 Cr
Outstanding Shares 21,000,000
Book Value per Share ₹444.76

Valuation Signal

Signal Overvalued
Historical Avg 6.91
Historical Range 1.84 - 11.46
Percentile 60.0%

Sector Context

Sector Average 2.59
Sector Median 1.74
Sector Rank #11 of 44
Sector Percentile 25.0%

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 9.32 (High). For live price, earnings yield and the full fundamental profile, see WAAREERTL stock price BSE.

  • Stock appears overvalued with PB of 9.32, 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 34.8% above historical average
  • Trading at premium to sector average PB of 2.59

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. Explore WAAREERTL Benjamin Graham valuation to estimate fundamental worth using multiple valuation models.

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 1.84 ₹444.76 ₹819.65 ₹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 9.32 vs Power average 2.59, median 1.74 — range -36.54–29.84.

Sector Average
2.59
Sector Median
1.74
Lowest P/B
-36.54
Highest P/B
29.84
Companies
44
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -36.54 ₹222 Low
SRM Energy SRMENERGY -0.38 ₹18 Low
Reliance Infrastructure RELINFRA 0.17 ₹2,996 Low
Veer Energy & Infrastruc… VEERENRGY 0.3 ₹19 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.34 ₹101 Low
Advance Metering Tech AMTL 0.34 ₹29 Low
Waa Solar WAA 0.37 ₹63 Low
Indowind Energy INDOWIND 0.48 ₹146 Low
Reliance Power RPOWER 0.62 ₹8,925 Low
PTC India PTC 0.76 ₹4,522 Low