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Adani EnterprisesNSE:ADANIENT -1.30%79 PB Ratio is 4.81 as of Aug. 02, 2026, which is 2% below its 10-year median of 4.90. GuruFocus rates NSE:ADANIENT with a GF Score™ of 79/100 and a GF Value™ of ₹2,691.58 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 176 Other Energy Sources companies, Adani Enterprises ranks worse than 88.07% on this metric.
The historical rank and industry rank for Adani Enterprises's PB Ratio or its related term are showing as below:
NSE:ADANIENT'
s PB Ratio Range Over the Past 10 Years
Min: 0.28 Med: 4.9 Max: 14.52
Current: 4.81
During the past 13 years, Adani Enterprises's highest PB Ratio was 14.52. The lowest was 0.28. And the median was 4.90.
NSE:ADANIENT's PB Ratio is ranked worse than 88.07% of 176
companies
in the Other Energy Sources industry
Industry Median: 1.365
vs NSE:ADANIENT: 4.81
During the past 12 months, Adani Enterprises's average Book Value Per Share Growth Rate was 48.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 31.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 17.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Adani Enterprises was 73.20% per year. The lowest was -15.90% per year. And the median was 15.90% 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.
Adani Enterprises PB Ratio Related Terms
Adani Enterprises PB Ratio Historical Data
* Premium members only.
The historical data trend for Adani Enterprises's PB 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.
For the Thermal Coal subindustry, Adani Enterprises'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 Enterprises PB Ratio vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Adani Enterprises's PB Ratio distribution charts can be found below:
* The bar in red indicates where Adani Enterprises'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 Enterprises (NSE:ADANIENT) has a PB Ratio of 4.81 as of Aug. 02, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adani Enterprises and its competitors. This is near median its historical median of 4.90. Over the past decade, Adani Enterprises' PB Ratio has ranged from 0.28 to 14.52. According to the industry distribution chart, Adani Enterprises ranks #155 out of 176 companies in the Other Energy Sources industry, placing it in the top 88.1%.
Is Adani Enterprises' PB Ratio too high?
Adani Enterprises' current PB Ratio of 4.81 is near median its 10-year median of 4.90. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 14.52. The Other Energy Sources industry median PB Ratio is 1.37. Adani Enterprises' value of 4.81 is 252.4% above this industry median. Based on the distribution chart, Adani Enterprises ranks #155 out of 176 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Adani Enterprises has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adani Enterprises' PB Ratio compare to competitors?
According to the Other Energy Sources industry distribution chart, Adani Enterprises ranks #155 out of 176 companies for PB Ratio. This places Adani Enterprises in the lower half of its industry. The industry median PB Ratio is 1.37. Adani Enterprises' value of 4.81 is 252.4% above this benchmark. Historically, Adani Enterprises' own PB Ratio has ranged from 0.28 to 14.52 over the past decade. While the company's 10-year median is 4.90 vs. the industry median of 1.37, Adani Enterprises 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 Other Energy Sources company?
The median PB Ratio among Other Energy Sources companies is 1.37, based on 176 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 Enterprises's current PB Ratio of 4.81 is 252.4% 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 Enterprises and its competitors. For the Other Energy Sources industry, the median PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Enterprises's current PB Ratio is 4.81, which is near median its own 10-year median of 4.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Adani Enterprises (NSE:ADANIENT) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,691.58, compared to a current price of ₹3,009.50 — trading 11.8% above its estimated fair value. The current PB Ratio is 4.81, which is near median its 10-year median of 4.90 and 252.4% above the Other Energy Sources industry median of 1.37. Adani Enterprises' overall GF Score™ is 79/100 with 11 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 Enterprises (NSE:ADANIENT), the current PB Ratio is 4.81 as of Aug. 02, 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 Enterprises (NSE:ADANIENT) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Enterprises stock appears to be overvalued.
The current stock price of ₹3,009.50 is trading 11.8% above its estimated GF Value™ of ₹2,691.58.
GuruFocus considers Adani Enterprises to be Modestly Overvalued.
Key valuation signals for NSE:ADANIENT:
PB Ratio: 4.81 (near median its 10-year median of 4.90)
GF Value™: ₹2,691.58 vs. price of ₹3,009.50 (11.8% above fair value)
Industry Position: 252.4% above the Other Energy Sources median (#155 of 176)
No single metric tells the full story. See the NSE:ADANIENT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Enterprises Ltd is in the business of integrated resources management, mining services and other trading activities. The company operates as an incubator, establishing new businesses in various areas like new energy ecosystem, data center, airports, roads, copper, PVC and others. It is engaged inter-alia in the business of integrated resources management and provides end-toend procurement and logistics services. It purchases, handles and sells different products like coal, copper and its related products, and other materials as part of its business activities. It has eight segments Integrated Resources Management, Mining Services, Commercial Mining, New Energy Ecosystem, Airport, Road, Copper, and Others. It generates majority of revenue from Integrated Resources Management segment.
79GF Score
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