Waaree Renewable Technologies P/B Ratio
Waaree Renewable Technologies (WAAREERTL) P/B ratio is 11.4 (High), book value per share ₹444.76 vs Power average P/B of 2.48 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see WAAREERTL stock price BSE.
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 11.4 (High). Review Waaree Renewable Technologies price earnings to evaluate earnings-based valuation against sector peers.
- Stock appears overvalued with PB of 11.4, 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 63.7% above historical average
- Trading at premium to sector average PB of 2.48
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. View Waaree Renewable Technologies 52-week for the annual high/low range and current price position.
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 | 2.1 | ₹444.76 | ₹932.00 | ₹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 11.4 vs Power average 2.48, 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 |