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INOX Green Energy ServicesNSE:INOXGREEN +1.97%79 PB Ratio is 4.22 as of Aug. 09, 2026, which is 37% above its 10-year median of 3.08. GuruFocus rates NSE:INOXGREEN with a GF Score™ of 79/100 and a GF Value™ of ₹173.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 432 Utilities - Independent Power Producers companies, INOX Green Energy Services ranks worse than 86.11% on this metric.
The historical rank and industry rank for INOX Green Energy Services's PB Ratio or its related term are showing as below:
NSE:INOXGREEN'
s PB Ratio Range Over the Past 10 Years
Min: 1.04 Med: 3.08 Max: 4.82
Current: 4.22
During the past 7 years, INOX Green Energy Services's highest PB Ratio was 4.82. The lowest was 1.04. And the median was 3.08.
NSE:INOXGREEN's PB Ratio is ranked worse than 86.11% of 432
companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.31
vs NSE:INOXGREEN: 4.22
During the past 12 months, INOX Green Energy Services's average Book Value Per Share Growth Rate was -20.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 4.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of INOX Green Energy Services was 24.70% per year. The lowest was 4.60% per year. And the median was 18.80% 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.
INOX Green Energy Services PB Ratio Related Terms
INOX Green Energy Services PB Ratio Historical Data
* 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.
INOX Green Energy Services PB Ratio Competitor Comparison
For the Utilities - Renewable subindustry, INOX Green Energy Services'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.
INOX Green Energy Services PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, INOX Green Energy Services's PB Ratio distribution charts can be found below:
* The bar in red indicates where INOX Green Energy Services'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.
INOX Green Energy Services (NSE:INOXGREEN) has a PB Ratio of 4.22 as of Aug. 09, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on INOX Green Energy Services and its competitors. This is 37% above median its historical median of 3.08. Over the past decade, INOX Green Energy Services' PB Ratio has ranged from 1.04 to 4.82. According to the industry distribution chart, INOX Green Energy Services ranks #372 out of 432 companies in the Utilities - Independent Power Producers industry, placing it in the top 86.1%.
Is INOX Green Energy Services' PB Ratio too high?
INOX Green Energy Services' current PB Ratio of 4.22 is 37% above median its 10-year median of 3.08. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 4.82. The Utilities - Independent Power Producers industry median PB Ratio is 1.31. INOX Green Energy Services' value of 4.22 is 222.1% above this industry median. Based on the distribution chart, INOX Green Energy Services ranks #372 out of 432 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, INOX Green Energy Services has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does INOX Green Energy Services' PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, INOX Green Energy Services ranks #372 out of 432 companies for PB Ratio. This places INOX Green Energy Services in the lower half of its industry. The industry median PB Ratio is 1.31. INOX Green Energy Services' value of 4.22 is 222.1% above this benchmark. Historically, INOX Green Energy Services' own PB Ratio has ranged from 1.04 to 4.82 over the past decade. While the company's 10-year median is 3.08 vs. the industry median of 1.31, INOX Green Energy Services 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 1.31, 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. INOX Green Energy Services's current PB Ratio of 4.22 is 222.1% 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 INOX Green Energy Services and its competitors. For the Utilities - Independent Power Producers industry, the median PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INOX Green Energy Services's current PB Ratio is 4.22, which is 37% above median its own 10-year median of 3.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INOX Green Energy Services stock overvalued right now?
Based on GuruFocus' analysis, INOX Green Energy Services (NSE:INOXGREEN) is currently considered Fairly Valued. The stock's GF Value™ is ₹173.36, compared to a current price of ₹179.43 — trading 3.5% above its estimated fair value. The current PB Ratio is 4.22, which is 37% above median its 10-year median of 3.08 and 222.1% above the Utilities - Independent Power Producers industry median of 1.31. INOX Green Energy Services' overall GF Score™ is 79/100 with 4 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 INOX Green Energy Services (NSE:INOXGREEN), the current PB Ratio is 4.22 as of Aug. 09, 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 INOX Green Energy Services (NSE:INOXGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, INOX Green Energy Services stock appears to be overvalued.
The current stock price of ₹179.43 is trading 3.5% above its estimated GF Value™ of ₹173.36.
GuruFocus considers INOX Green Energy Services to be Fairly Valued.
Key valuation signals for NSE:INOXGREEN:
PB Ratio: 4.22 (37% above median its 10-year median of 3.08)
GF Value™: ₹173.36 vs. price of ₹179.43 (3.5% above fair value)
Industry Position: 222.1% above the Utilities - Independent Power Producers median (#372 of 432)
No single metric tells the full story. See the NSE:INOXGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INOX Green Energy Services Ltd is a wind power operation and maintenance (O&M) service provider within India. It is engaged in the business of providing long-term O&M services for wind projects, specifically the provision of O&M services for wind turbine generators and common infrastructure facilities. The company generates almost all of its revenue from the sale of services.
79GF Score
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