Tata Power P/B Ratio

Current P/B Ratio
3.07
High Valuation
High - Premium to book value, growth expectations or asset-light model

Tata Power (TATAPOWER) P/B ratio is 3.07 (High), book value per share ₹1485.56 vs Power average P/B of 2.67 — High - Premium to book value, growth expectations or asset-light model. Review TATAPOWER P/E ratio to evaluate earnings-based valuation against sector peers.

Current Valuation Metrics

P/B Ratio 3.07
Current Price ₹374.40
Book Value/Share ₹1485.56
Exchange NSE

Book Value Breakdown (2026)

Balance Sheet Components
Total Equity ₹47,538 Cr
Share Capital ₹320 Cr
Reserves & Surplus ₹39,148 Cr
Outstanding Shares 320,000,000
Book Value per Share ₹1485.56

Valuation Signal

Signal Overvalued
Historical Avg 0.29
Historical Range 0.25 - 0.33
Percentile 100.0%

Sector Context

Sector Average 2.67
Sector Median 1.91
Sector Rank #11 of 44
Sector Percentile 25.0%

TATAPOWER P/B Ratio — Valuation Insights & Book Value Analysis

Tata Power price-to-book ratio interpretation, valuation status and historical context — current P/B 3.07 (High). View TATAPOWER 52-week chart for the annual high/low range and current price position.

  • Stock appears overvalued with PB of 3.07, 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 966.0% above historical average
  • Trading at premium to sector average PB of 2.67

Tata Power P/B Ratio Historical Trend

TATAPOWER 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. For live price, earnings yield and the full fundamental profile, see TATAPOWER screener.

TATAPOWER Historical P/B Ratio — Book Value Per Share & Year-End Price

Tata Power 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 0.25 ₹1485.56 ₹374.40 ₹47,538 Low
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

TATAPOWER vs Power Peers — P/B Ratio Comparison

Tata Power P/B 3.07 vs Power average 2.67, median 1.91 — range -40.85–20.68.

Sector Average
2.67
Sector Median
1.91
Lowest P/B
-40.85
Highest P/B
20.68
Companies
44
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