Tata Power P/B Ratio

TATAPOWER • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.26
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.26
Current Price ₹394.95
Book Value/Share ₹1331.44
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹42,606 Cr
Share Capital ₹320 Cr
Reserves & Surplus ₹35,521 Cr
Outstanding Shares 320,000,000
Book Value per Share ₹1331.44

Valuation Signal

Signal Overvalued
Historical Avg 0.29
Historical Range 0.26 - 0.33
Percentile 100.0%

Sector Context

Sector Average 0.63
Sector Median 1.84
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for Tata Power

  • Stock appears overvalued with PB of 3.26, 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 1008.8% above historical average
  • Trading at premium to sector average PB of 0.63

P/B Ratio Historical Trend for Tata Power

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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.29 ₹1331.44 ₹379.60 ₹42,606 Low
2024 0.33 ₹1197.91 ₹392.40 ₹38,333 Low
2023 0.31 ₹1068.88 ₹332.15 ₹34,204 Low
2022 0.26 ₹813.41 ₹207.70 ₹26,029 Low
2021 0.28 ₹789.06 ₹220.95 ₹25,250 Low

Sector P/B Ratio Comparison

Comparing Tata Power with other companies in Power sector
Sector Average
0.63
Sector Median
1.84
Lowest P/B
-87.91
Highest P/B
15.73
Companies
43
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -87.91 ₹169 Low
SRM Energy SRMENERGY -0.34 ₹16 Low
Reliance Infrastructure RELINFRA 0.17 ₹2,996 Low
Veer Energy & Infrastruc… VEERENRGY 0.31 ₹20 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.33 ₹101 Low
Waa Solar WAA 0.33 ₹65 Low
Indowind Energy INDOWIND 0.35 ₹125 Low
Advance Metering Tech AMTL 0.39 ₹38 Low
Gujarat Industries Power… GIPCL 0.57 ₹2,019 Low
Reliance Power RPOWER 0.61 ₹9,694 Low