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Indowind EnergyNSE:INDOWIND +0.11%66 PB Ratio is 0.48 as of Jul. 26, 2026, which is 20% above its 10-year median of 0.40. GuruFocus rates NSE:INDOWIND with a GF Score™ of 66/100 and a GF Value™ of ₹14.53 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 432 Utilities - Independent Power Producers companies, Indowind Energy ranks better than 86.57% on this metric.
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. As of today (2026-07-26), Indowind Energy's share price is ₹9.14. Indowind Energy's Book Value per Share for the quarter that ended in Mar. 2026 was ₹19.09. Hence, Indowind Energy's PB Ratio of today is 0.48.
The historical rank and industry rank for Indowind Energy's PB Ratio or its related term are showing as below:
NSE:INDOWIND'
s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.4 Max: 1.24
Current: 0.48
During the past 13 years, Indowind Energy's highest PB Ratio was 1.24. The lowest was 0.08. And the median was 0.40.
NSE:INDOWIND's PB Ratio is ranked better than 86.57% of 432
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.28
vs NSE:INDOWIND: 0.48
During the past 12 months, Indowind Energy's average Book Value Per Share Growth Rate was -10.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -1.70% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -2.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -0.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indowind Energy was 21.40% per year. The lowest was -12.60% per year. And the median was -1.60% per year.
Back to Basics: PB Ratio
Indowind Energy (NSE:INDOWIND) PB Ratio Explanation
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.
Indowind Energy PB Ratio Related Terms
Indowind Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for Indowind Energy'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 Utilities - Renewable subindustry, Indowind Energy'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.
Indowind Energy PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Indowind Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Indowind Energy'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.
Indowind Energy's PB Ratio for today is calculated as follows:
* 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.
Indowind Energy (NSE:INDOWIND) has a PB Ratio of 0.48 as of Jul. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indowind Energy and its competitors. This is 20% above median its historical median of 0.40. Over the past decade, Indowind Energy's PB Ratio has ranged from 0.08 to 1.24. According to the industry distribution chart, Indowind Energy ranks #58 out of 432 companies in the Utilities - Independent Power Producers industry, placing it in the top 13.4%.
Is Indowind Energy's PB Ratio too high?
Indowind Energy's current PB Ratio of 0.48 is 20% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.24. The Utilities - Independent Power Producers industry median PB Ratio is 1.28. Indowind Energy's value of 0.48 is 62.5% below this industry median. Based on the distribution chart, Indowind Energy ranks #58 out of 432 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Indowind Energy has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indowind Energy's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Indowind Energy ranks #58 out of 432 companies for PB Ratio. This places Indowind Energy in the top 13% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.28. Indowind Energy's value of 0.48 is 62.5% below this benchmark. Historically, Indowind Energy's own PB Ratio has ranged from 0.08 to 1.24 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.28, Indowind Energy 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 PB Ratio for an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.28, based on 432 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. Indowind Energy's current PB Ratio of 0.48 is 62.5% 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 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 Indowind Energy and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indowind Energy's current PB Ratio is 0.48, which is 20% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indowind Energy stock overvalued right now?
Based on GuruFocus' analysis, Indowind Energy (NSE:INDOWIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹14.53, compared to a current price of ₹9.14 — trading 37.1% below its estimated fair value. The current PB Ratio is 0.48, which is 20% above median its 10-year median of 0.40 and 62.5% below the Utilities - Independent Power Producers industry median of 1.28. Indowind Energy's overall GF Score™ is 66/100 with 3 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 Indowind Energy (NSE:INDOWIND), the current PB Ratio is 0.48 as of Jul. 26, 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 Indowind Energy (NSE:INDOWIND) Overvalued in 2026?
Based on GuruFocus' analysis, Indowind Energy stock appears to be undervalued.
The current stock price of ₹9.14 is trading 37.1% below its estimated GF Value™ of ₹14.53.
GuruFocus considers Indowind Energy to be Significantly Undervalued.
Key valuation signals for NSE:INDOWIND:
PB Ratio: 0.48 (20% above median its 10-year median of 0.40)
GF Value™: ₹14.53 vs. price of ₹9.14 (37.1% below fair value)
Industry Position: 62.5% below the Utilities - Independent Power Producers median (#58 of 432)
No single metric tells the full story. See the NSE:INDOWIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indowind Energy Ltd is an independent power producer in the renewable energy field generating green power through dedicated wind farms and also offering allied services in the wind energy sector. It offers the following services to various stakeholders in the power industry - green power sale, project management services, asset management services, and value addition services. The company generates its revenue from the sale of power.
66GF Score
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