Indian Renewable Energy Development Agency (BOM:544026) Book Value per Share : ₹31.85 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Indian Renewable Energy Development Agency Book Value per Share?

Indian Renewable Energy Development Agency's book value per share for the quarter that ended in Mar. 2024 was ₹31.85.

During the past 12 months, Indian Renewable Energy Development Agency's average Book Value Per Share Growth Rate was 44.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 41.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Indian Renewable Energy Development Agency was 41.90% per year. The lowest was 41.90% per year. And the median was 41.90% per year.

Indian Renewable Energy Development Agency's current price is ₹167.35. Its book value per share for the quarter that ended in Mar. 2024 was ₹31.85. Hence, today's PB Ratio of Indian Renewable Energy Development Agency is 5.25.

During the past 4 years, the highest P/B Ratio of Indian Renewable Energy Development Agency was 6.03. The lowest was 2.56. And the median was 5.25.

Indian Renewable Energy Development Agency Book Value per Share Historical Data

The historical data trend for Indian Renewable Energy Development Agency's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Indian Renewable Energy Development Agency Book Value per Share Chart

Indian Renewable Energy Development Agency Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Book Value per Share

11.15

19.60

22.08

31.85

Indian Renewable Energy Development Agency Quarterly Data
	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Book Value per Share	Get a 7-Day Free Trial				22.08	23.40	24.48	-	31.85

Competitive Comparison of Indian Renewable Energy Development Agency's Book Value per Share

For the Credit Services subindustry, Indian Renewable Energy Development Agency's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Indian Renewable Energy Development Agency's PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's PB Ratio distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's PB Ratio falls into.

Indian Renewable Energy Development Agency Book Value per Share Calculation

Indian Renewable Energy Development Agency's Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(85,594	-	0)	/	2,688
	=	31.85

Indian Renewable Energy Development Agency's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(85,594	-	0)	/	2,688
	=	31.85

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Indian Renewable Energy Development Agency (BOM:544026) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

Indian Renewable Energy Development Agency Book Value per Share Related Terms

Thank you for viewing the detailed overview of Indian Renewable Energy Development Agency's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Indian Renewable Energy Development Agency (BOM:544026) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Indian Renewable Energy Development Agency Ltd (BOM:544026) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

IREDA:India

Address

August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066

Website

https://www.ireda.in

Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

Indian Renewable Energy Development Agency (BOM:544026) Headlines

No Headlines