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Adani Energy SolutionsNSE:ADANIENSOL -1.42%86 PB Ratio is 7.55 as of Aug. 13, 2026, which is 48% above its 10-year median of 5.10. GuruFocus rates NSE:ADANIENSOL with a GF Score™ of 86/100 and a GF Value™ of ₹1,526.46 (Fairly Valued). The stock has 8 warning signs investors should review. Among 437 Utilities - Independent Power Producers companies, Adani Energy Solutions ranks worse than 94.51% on this metric.
Adani Energy Solutions Ltd stock PB Ratio (=7.66) is close to 2-year high of 7.66.
The historical rank and industry rank for Adani Energy Solutions's PB Ratio or its related term are showing as below:
NSE:ADANIENSOL'
s PB Ratio Range Over the Past 10 Years
Min: 1.48 Med: 5.1 Max: 34.84
Current: 7.55
During the past 12 years, Adani Energy Solutions's highest PB Ratio was 34.84. The lowest was 1.48. And the median was 5.10.
NSE:ADANIENSOL's PB Ratio is ranked worse than 94.51% of 437
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.3
vs NSE:ADANIENSOL: 7.55
During the past 12 months, Adani Energy Solutions's average Book Value Per Share Growth Rate was 15.20% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 26.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 21.70% per year.
During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Adani Energy Solutions was 78.20% per year. The lowest was 7.20% per year. And the median was 26.20% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
* 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.
NSE:ADANIENSOL vs CEG, VST, NRG: PB Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Adani Energy Solutions'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.
Adani Energy Solutions PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Energy Solutions's PB Ratio distribution charts can be found below:
* The bar in red indicates where Adani Energy Solutions's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Adani Energy Solutions (NSE:ADANIENSOL) has a PB Ratio of 7.55 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adani Energy Solutions and its competitors. This is 48% above median its historical median of 5.10. Over the past decade, Adani Energy Solutions' PB Ratio has ranged from 1.48 to 34.84. According to the industry distribution chart, Adani Energy Solutions ranks #413 out of 437 companies in the Utilities - Independent Power Producers industry, placing it in the top 94.5%.
Is Adani Energy Solutions' PB Ratio too high?
Adani Energy Solutions' current PB Ratio of 7.55 is 48% above median its 10-year median of 5.10. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 34.84. The Utilities - Independent Power Producers industry median PB Ratio is 1.30. Adani Energy Solutions' value of 7.55 is 480.8% above this industry median. Based on the distribution chart, Adani Energy Solutions ranks #413 out of 437 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Adani Energy Solutions has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Adani Energy Solutions' PB Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Energy Solutions ranks #413 out of 437 companies for PB Ratio. This places Adani Energy Solutions in the lower half of its industry. The industry median PB Ratio is 1.30. Adani Energy Solutions' value of 7.55 is 480.8% above this benchmark. Historically, Adani Energy Solutions' own PB Ratio has ranged from 1.48 to 34.84 over the past decade. While the company's 10-year median is 5.10 vs. the industry median of 1.30, Adani Energy Solutions 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 PB Ratio for an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.30, based on 437 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adani Energy Solutions's current PB Ratio of 7.55 is 480.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adani Energy Solutions and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Energy Solutions's current PB Ratio is 7.55, which is 48% above median its own 10-year median of 5.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Energy Solutions stock overvalued right now?
Based on GuruFocus' analysis, Adani Energy Solutions (NSE:ADANIENSOL) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,526.46, compared to a current price of ₹1,599.00 — trading 4.8% above its estimated fair value. The current PB Ratio is 7.55, which is 48% above median its 10-year median of 5.10 and 480.8% above the Utilities - Independent Power Producers industry median of 1.30. Adani Energy Solutions' overall GF Score™ is 86/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Adani Energy Solutions (NSE:ADANIENSOL), the current PB Ratio is 7.55 as of Aug. 13, 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 Adani Energy Solutions (NSE:ADANIENSOL) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Energy Solutions stock appears to be overvalued.
The current stock price of ₹1,599.00 is trading 4.8% above its estimated GF Value™ of ₹1,526.46.
GuruFocus considers Adani Energy Solutions to be Fairly Valued.
Key valuation signals for NSE:ADANIENSOL:
PB Ratio: 7.55 (48% above median its 10-year median of 5.10)
GF Value™: ₹1,526.46 vs. price of ₹1,599.00 (4.8% above fair value)
Industry Position: 480.8% above the Utilities - Independent Power Producers median (#413 of 437)
No single metric tells the full story. See the NSE:ADANIENSOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Energy Solutions Ltd operates in India and deals in the trading of various bullions and other commodities. It has entered into business opportunities through Optical Ground Wire (OPGW) fibres on transmission lines with the ambition of expanding its telecom solutions to Telcos, Internet Service Providers, and long-distance communication operators. The commercialization of the network is carried out through leasing spare capacities to communication players. It also offers utility services related to telecommunications and fibre connectivity, and business operations include the construction and development of transmission infrastructure assets. It operates through the Transmission, Distribution, Smart Meter, Trading, and Others segments, with Distribution generating the maximum revenue.
86GF Score
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