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NTPC Green EnergyNSE:NTPCGREEN +0.74%10 Forward PE Ratio is 64.26 as of Aug. 04, 2026. GuruFocus rates NSE:NTPCGREEN with a GF Score™ of 10/100. The stock has 5 warning signs investors should review. Among 204 Utilities - Independent Power Producers companies, NTPC Green Energy ranks worse than 96.08% on this metric.
NTPC Green Energy (NSE:NTPCGREEN) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
NTPC Green Energy Forward PE Ratio Related Terms
NTPC Green Energy Forward PE Ratio Historical Data
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The historical data trend for NTPC Green Energy's Forward PE Ratio 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 Forward PE Ratio Chart
NTPC Green Energy Annual Data
Trend
2026-03
Forward PE Ratio
53.40
NTPC Green Energy Quarterly Data
2025-12
2026-03
Forward PE Ratio
48.94
53.40
NTPC Green Energy Forward PE Ratio Competitor Comparison
For the Utilities - Renewable subindustry, NTPC Green Energy's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
NTPC Green Energy Forward PE Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, NTPC Green Energy's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where NTPC Green Energy's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
NTPC Green Energy (NSE:NTPCGREEN) has a Forward PE Ratio of 64.26 as of Aug. 04, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on NTPC Green Energy and its competitors. According to the industry distribution chart, NTPC Green Energy ranks #196 out of 204 companies in the Utilities - Independent Power Producers industry, placing it in the top 96.1%.
Is NTPC Green Energy's Forward PE Ratio too high?
NTPC Green Energy's current Forward PE Ratio is 64.26. The Utilities - Independent Power Producers industry median Forward PE Ratio is 15.73. NTPC Green Energy's value of 64.26 is 308.6% above this industry median. Based on the distribution chart, NTPC Green Energy ranks #196 out of 204 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 10/100, reflecting its overall financial health beyond just this single metric.
How does NTPC Green Energy's Forward PE Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, NTPC Green Energy ranks #196 out of 204 companies for Forward PE Ratio. This places NTPC Green Energy in the lower half of its industry. The industry median Forward PE Ratio is 15.73. NTPC Green Energy's value of 64.26 is 308.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for an Utilities - Independent Power Producers company?
The median Forward PE Ratio among Utilities - Independent Power Producers companies is 15.73, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NTPC Green Energy's current Forward PE Ratio of 64.26 is 308.6% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on NTPC Green Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Forward PE Ratio is 15.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTPC Green Energy's current Forward PE Ratio is 64.26. 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 Forward PE Ratio of 64.26. The current Forward PE Ratio is 64.26 and 308.6% above the Utilities - Independent Power Producers industry median of 15.73. NTPC Green Energy's overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For NTPC Green Energy (NSE:NTPCGREEN), the current Forward PE Ratio is 64.26 as of Aug. 04, 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 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.
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