Torrent Power P/B Ratio

TORNTPOWER • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.73
High Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 3.73
Current Price ₹1332.20
Book Value/Share ₹361.43
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹18,216 Cr
Share Capital ₹504 Cr
Reserves & Surplus ₹17,111 Cr
Outstanding Shares 504,000,000
Book Value per Share ₹361.43

Valuation Signal

Signal Overvalued
Historical Avg 3.64
Historical Range 2.37 - 5.67
Percentile 60.0%

Sector Context

Sector Average 0.45
Sector Median 1.86
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for Torrent Power

  • Stock appears overvalued with PB of 3.73, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Trading at premium to sector average PB of 0.45

P/B Ratio Historical Trend for Torrent 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 3.62 ₹361.43 ₹1306.70 ₹18,216 High
2024 5.67 ₹261.91 ₹1485.95 ₹12,598 High
2023 3.91 ₹238.81 ₹933.85 ₹11,487 High
2022 2.37 ₹207.46 ₹492.35 ₹9,979 Moderate
2021 2.61 ₹212.49 ₹553.55 ₹10,221 Moderate

Sector P/B Ratio Comparison

Comparing Torrent Power with other companies in Power sector
Sector Average
0.45
Sector Median
1.86
Lowest P/B
-95.05
Highest P/B
14.46
Companies
43
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Waaree Technologies WAAREE -95.05 ₹165 Low
SRM Energy SRMENERGY -0.34 ₹16 Low
Reliance Infrastructure RELINFRA 0.18 ₹2,880 Low
Veer Energy & Infrastruc… VEERENRGY 0.31 ₹20 Low
Emkay Tap & Cut. Tool EMKAYTOOLS 0.33 ₹102 Low
Waa Solar WAA 0.34 ₹62 Low
Advance Metering Tech AMTL 0.39 ₹38 Low
Indowind Energy INDOWIND 0.4 ₹123 Low
Gujarat Industries Power… GIPCL 0.58 ₹2,050 Low
Reliance Power RPOWER 0.61 ₹8,830 Low