Tata Power Co (NSE:TATAPOWER) EV-to-EBITDA: 11.78 (As of Aug. 23, 2026) — 53% Above Median

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NSE:TATAPOWER Tata Power Co Ltd NSE:TATAPOWER
80 GF Score
Price ₹374.30
GF Value ₹402.92
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Tata Power Co EV-to-EBITDA?

Tata Power Co NSE:TATAPOWER -0.25% 80 EV-to-EBITDA is 11.78 as of Aug. 23, 2026, which is 53% above its 10-year median of 7.68. GuruFocus rates NSE:TATAPOWER with a GF Score™ of 80/100 and a GF Value™ of ₹402.92 (Fairly Valued). The stock has 5 warning signs investors should review. Among 366 Utilities - Independent Power Producers companies, Tata Power Co ranks better than 50.82% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tata Power Co's enterprise value is ₹2,018,717 Mil. Tata Power Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹171,343 Mil. Therefore, Tata Power Co's EV-to-EBITDA for today is 11.78.

The historical rank and industry rank for Tata Power Co's EV-to-EBITDA or its related term are showing as below:

NSE:TATAPOWER' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.36   Med: 7.68   Max: 14.98
Current: 11.78

During the past 13 years, the highest EV-to-EBITDA of Tata Power Co was 14.98. The lowest was 1.36. And the median was 7.68.

NSE:TATAPOWER's EV-to-EBITDA is ranked better than
50.82% of 366 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.855 vs NSE:TATAPOWER: 11.78

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 (2026-08-23), Tata Power Co's stock price is ₹374.30. Tata Power Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was ₹12.070. Therefore, Tata Power Co's PE Ratio (TTM) for today is 31.01.

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


Tata Power Co  (NSE:TATAPOWER) 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.

Tata Power Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=374.30/12.070
=31.01

Tata Power Co's share price for today is ₹374.30.
Tata Power Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹12.070.

* 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?


Tata Power Co EV-to-EBITDA Related Terms


Tata Power Co EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Tata Power Co'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.

Tata Power Co EV-to-EBITDA Chart

Tata Power Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.14 8.79 13.52 12.74 12.40

Tata Power Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.33 12.25 7.46 12.40 7.20

NSE:TATAPOWER vs CEG, VST, NRG: EV-to-EBITDA Comparison

For the Utilities - Independent Power Producers subindustry, Tata Power Co'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.


Tata Power Co EV-to-EBITDA vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Tata Power Co's EV-to-EBITDA falls into.


NSE:TATAPOWER
80GF Score
Tata Power Co Ltd NSE:TATAPOWER
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tata Power Co EV-to-EBITDA Calculation

Tata Power Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2018717.129/171342.6
=11.78

Tata Power Co's current Enterprise Value is ₹2,018,717 Mil.
Tata Power Co's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹171,343 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 11.78 mean?
Tata Power Co (NSE:TATAPOWER) has a EV-to-EBITDA of 11.78 as of Aug. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tata Power Co. This is 53% above median its historical median of 7.68. Over the past decade, Tata Power Co's EV-to-EBITDA has ranged from 1.36 to 14.98. According to the industry distribution chart, Tata Power Co ranks #180 out of 366 companies in the Utilities - Independent Power Producers industry, placing it in the top 49.2%.
Is Tata Power Co's EV-to-EBITDA too high?
Tata Power Co's current EV-to-EBITDA of 11.78 is 53% above median its 10-year median of 7.68. Over the past 10 years, this metric has ranged from a low of 1.36 to a high of 14.98. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.86. Tata Power Co's value of 11.78 is 0.6% below this industry median. Based on the distribution chart, Tata Power Co ranks #180 out of 366 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Tata Power Co has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tata Power Co's EV-to-EBITDA compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Tata Power Co ranks #180 out of 366 companies for EV-to-EBITDA. This puts Tata Power Co in the upper half of its industry. The industry median EV-to-EBITDA is 11.86. Tata Power Co's value of 11.78 is 0.6% below this benchmark. Historically, Tata Power Co's own EV-to-EBITDA has ranged from 1.36 to 14.98 over the past decade. While the company's 10-year median is 7.68 vs. the industry median of 11.86, Tata Power Co has consistently been below 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 11.86, based on 366 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. Tata Power Co's current EV-to-EBITDA of 11.78 is 0.6% below 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 Tata Power Co. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Power Co's current EV-to-EBITDA is 11.78, which is 53% above median its own 10-year median of 7.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Power Co stock overvalued right now?
Based on GuruFocus' analysis, Tata Power Co (NSE:TATAPOWER) is currently considered Fairly Valued. The stock's GF Value™ is ₹402.92, compared to a current price of ₹374.30 — trading 7.1% below its estimated fair value. The current EV-to-EBITDA is 11.78, which is 53% above median its 10-year median of 7.68 and 0.6% below the Utilities - Independent Power Producers industry median of 11.86. Tata Power Co's overall GF Score™ is 80/100 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 Tata Power Co (NSE:TATAPOWER), the current EV-to-EBITDA is 11.78 as of Aug. 23, 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.

Is Tata Power Co (NSE:TATAPOWER) Overvalued in 2026?

Based on GuruFocus' analysis, Tata Power Co stock appears to be undervalued. The current stock price of ₹374.30 is trading 7.1% below its estimated GF Value™ of ₹402.92. GuruFocus considers Tata Power Co to be Fairly Valued.

Key valuation signals for NSE:TATAPOWER:

  • EV-to-EBITDA: 11.78 (53% above median its 10-year median of 7.68)
  • GF Value™: ₹402.92 vs. price of ₹374.30 (7.1% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 0.6% below the Utilities - Independent Power Producers median (#180 of 366)

No single metric tells the full story. See the NSE:TATAPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tata Power Co Business Description

Other Exchanges 500400:India
Address 34 Sant Tukaram Road, Corporate Center B, Carnac Bunder, Mumbai, MH, IND, 400 009
Tata Power Co Ltd is engaged in the generation, transmission, distribution and trading of electricity. The Group is an integrated power company with an international presence and operates across all segments of the power sector, including Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading. The company segments are Thermal & Hydro, Renewables, Transmission and Distribution, and Other. Maximum revenue is generated from the Transmission and Distribution segment, which comprises transmission and distribution networks, sale of power to retail customers through distribution networks, related ancillary services, and the power trading business. The Company's operations is majorly confined within India.
80GF Score

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

₹374.30
Price
₹402.92
GF Value