NTPC Green Energy (NSE:NTPCGREEN) EV-to-EBITDA: 40.65 (As of Aug. 20, 2026) — Near Median

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NSE:NTPCGREEN NTPC Green Energy Ltd NSE:NTPCGREEN
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Price ₹91.70
! 5 Warning Signs
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What is NTPC Green Energy EV-to-EBITDA?

NTPC Green Energy NSE:NTPCGREEN -0.51% 11 EV-to-EBITDA is 40.65 as of Aug. 20, 2026, which is 5% below its 10-year median of 42.79. GuruFocus rates NSE:NTPCGREEN with a GF Score™ of 11/100. The stock has 5 warning signs investors should review. Among 367 Utilities - Independent Power Producers companies, NTPC Green Energy ranks worse than 86.92% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, NTPC Green Energy's enterprise value is ₹1,085,921 Mil. NTPC Green Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹26,716 Mil. Therefore, NTPC Green Energy's EV-to-EBITDA for today is 40.65.

The historical rank and industry rank for NTPC Green Energy's EV-to-EBITDA or its related term are showing as below:

NSE:NTPCGREEN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 29.66   Med: 42.79   Max: 73.63
Current: 40.65

During the past 4 years, the highest EV-to-EBITDA of NTPC Green Energy was 73.63. The lowest was 29.66. And the median was 42.79.

NSE:NTPCGREEN's EV-to-EBITDA is ranked worse than
86.92% of 367 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.75 vs NSE:NTPCGREEN: 40.65

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-20), NTPC Green Energy's stock price is ₹91.70. NTPC Green Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.610. Therefore, NTPC Green Energy's PE Ratio (TTM) for today is 150.33.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


NTPC Green Energy  (NSE:NTPCGREEN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

NTPC Green Energy's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=91.70/0.610
=150.33

NTPC Green Energy's share price for today is ₹91.70.
NTPC Green Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.610.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


NTPC Green Energy EV-to-EBITDA Related Terms


NTPC Green Energy EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for NTPC Green Energy's EV-to-EBITDA 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.

NTPC Green Energy EV-to-EBITDA Chart

NTPC Green Energy Annual Data
Trend Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
0.00 0.00 48.00 40.85

NTPC Green Energy Quarterly Data
Mar23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 48.00 37.98 41.81 31.38 40.85

NTPC Green Energy EV-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, NTPC Green Energy's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


NTPC Green Energy EV-to-EBITDA vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NTPC Green Energy's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where NTPC Green Energy's EV-to-EBITDA falls into.


NSE:NTPCGREEN
11GF Score
NTPC Green Energy Ltd NSE:NTPCGREEN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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NTPC Green Energy EV-to-EBITDA Calculation

NTPC Green Energy's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1085921.231/26716.1
=40.65

NTPC Green Energy's current Enterprise Value is ₹1,085,921 Mil.
NTPC Green Energy's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹26,716 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 40.65 mean?
NTPC Green Energy (NSE:NTPCGREEN) has a EV-to-EBITDA of 40.65 as of Aug. 20, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NTPC Green Energy. This is near median its historical median of 42.79. Over the past decade, NTPC Green Energy's EV-to-EBITDA has ranged from 29.66 to 73.63. According to the industry distribution chart, NTPC Green Energy ranks #319 out of 367 companies in the Utilities - Independent Power Producers industry, placing it in the top 86.9%.
Is NTPC Green Energy's EV-to-EBITDA too high?
NTPC Green Energy's current EV-to-EBITDA of 40.65 is near median its 10-year median of 42.79. Over the past 10 years, this metric has ranged from a low of 29.66 to a high of 73.63. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.75. NTPC Green Energy's value of 40.65 is 246% above this industry median. Based on the distribution chart, NTPC Green Energy ranks #319 out of 367 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, NTPC Green Energy has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does NTPC Green Energy's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NTPC Green Energy ranks #319 out of 367 companies for EV-to-EBITDA. This places NTPC Green Energy in the lower half of its industry. The industry median EV-to-EBITDA is 11.75. NTPC Green Energy's value of 40.65 is 246% above this benchmark. Historically, NTPC Green Energy's own EV-to-EBITDA has ranged from 29.66 to 73.63 over the past decade. While the company's 10-year median is 42.79 vs. the industry median of 11.75, NTPC Green Energy has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.75, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NTPC Green Energy's current EV-to-EBITDA of 40.65 is 246% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on NTPC Green Energy. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTPC Green Energy's current EV-to-EBITDA is 40.65, which is near median its own 10-year median of 42.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTPC Green Energy stock overvalued right now?
NTPC Green Energy (NSE:NTPCGREEN) has a current EV-to-EBITDA of 40.65. The current EV-to-EBITDA is 40.65, which is near median its 10-year median of 42.79 and 246% above the Utilities - Independent Power Producers industry median of 11.75. NTPC Green Energy's overall GF Score™ is 11/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For NTPC Green Energy (NSE:NTPCGREEN), the current EV-to-EBITDA is 40.65 as of Aug. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NTPC Green Energy Business Description

Other Exchanges 544289:India
Address E-3, Udyog Vihar Phase II, Renewable Building Netra Complex, Ecotech II, Udyog Vihar, Gautam Buddha Nagar, Greater Noida, Noida, UP, IND, 201306
NTPC Green Energy Ltd is a renewable energy public sector enterprise. It is engaged in the business of power generation through non-conventional, renewable energy sources in all its aspects, whether wind, hydro, solar, tidal, geothermal, biomass, wave, waste, hybrid, or any other form, and production of green molecules, etc. Geographically, the company's operations are mainly carried out within India.
11GF Score

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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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