Ujaas Energy (NSE:UEL) PB Ratio: 18.19 (As of Jul. 29, 2026) — 557% Above Median

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:UEL Ujaas Energy Ltd NSE:UEL
51 GF Score
Price ₹120.93
GF Value ₹56.14
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Ujaas Energy PB Ratio?

Ujaas Energy NSE:UEL -0.02% 51 PB Ratio is 18.19 as of Jul. 29, 2026, which is 557% above its 10-year median of 2.77. GuruFocus rates NSE:UEL with a GF Score™ of 51/100 and a GF Value™ of ₹56.14 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 999 Semiconductors companies, Ujaas Energy ranks worse than 95.4% 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 (2026-07-29), Ujaas Energy's share price is ₹120.93. Ujaas Energy's Book Value per Share for the quarter that ended in Mar. 2026 was ₹6.65. Hence, Ujaas Energy's PB Ratio of today is 18.19.

Good Sign:

Ujaas Energy Ltd stock PB Ratio (=18.06) is close to 2-year low of 18.06.

The historical rank and industry rank for Ujaas Energy's PB Ratio or its related term are showing as below:

NSE:UEL' s PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 2.77   Max: 176.37
Current: 18.21

During the past 13 years, Ujaas Energy's highest PB Ratio was 176.37. The lowest was 0.23. And the median was 2.77.

NSE:UEL's PB Ratio is ranked worse than
95.4% of 999 companies
in the Semiconductors industry
Industry Median: 2.99 vs NSE:UEL: 18.21

During the past 12 months, Ujaas Energy's average Book Value Per Share Growth Rate was 422.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -70.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -73.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -49.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ujaas Energy was 96.40% per year. The lowest was -88.70% per year. And the median was -6.20% per year.

Back to Basics: PB Ratio


Ujaas Energy  (NSE:UEL) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

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.


Ujaas Energy PB Ratio Related Terms


Ujaas Energy PB Ratio Historical Data

* Premium members only.

The historical data trend for Ujaas 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.

Ujaas Energy PB Ratio Chart

Ujaas Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 0.71 177.15 60.75 19.84

Ujaas Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.75 0.00 34.98 0.00 19.84

NSE:UEL vs FSLR, NXT, ENPH: PB Ratio Comparison

For the Solar subindustry, Ujaas 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.


Ujaas Energy PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ujaas Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ujaas Energy's PB Ratio falls into.


NSE:UEL
51GF Score
Ujaas Energy Ltd NSE:UEL
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ujaas Energy PB Ratio Calculation

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.

Ujaas Energy's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=120.93/6.647
=18.19

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 18.19 mean?
Ujaas Energy (NSE:UEL) has a PB Ratio of 18.19 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ujaas Energy and its competitors. This is 557% above median its historical median of 2.77. Over the past decade, Ujaas Energy's PB Ratio has ranged from 0.23 to 176.37. According to the industry distribution chart, Ujaas Energy ranks #953 out of 999 companies in the Semiconductors industry, placing it in the top 95.4%.
Is Ujaas Energy's PB Ratio too high?
Ujaas Energy's current PB Ratio of 18.19 is 557% above median its 10-year median of 2.77. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 176.37. The Semiconductors industry median PB Ratio is 2.99. Ujaas Energy's value of 18.19 is 508.4% above this industry median. Based on the distribution chart, Ujaas Energy ranks #953 out of 999 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Ujaas Energy has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ujaas Energy's PB Ratio compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Ujaas Energy ranks #953 out of 999 companies for PB Ratio. This places Ujaas Energy in the lower half of its industry. The industry median PB Ratio is 2.99. Ujaas Energy's value of 18.19 is 508.4% above this benchmark. Historically, Ujaas Energy's own PB Ratio has ranged from 0.23 to 176.37 over the past decade. While the company's 10-year median is 2.77 vs. the industry median of 2.99, Ujaas Energy 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 a Semiconductors company?
The median PB Ratio among Semiconductors companies is 2.99, based on 999 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. Ujaas Energy's current PB Ratio of 18.19 is 508.4% 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 Ujaas Energy and its competitors. For the Semiconductors industry, the median PB Ratio is 2.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ujaas Energy's current PB Ratio is 18.19, which is 557% above median its own 10-year median of 2.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ujaas Energy stock overvalued right now?
Based on GuruFocus' analysis, Ujaas Energy (NSE:UEL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹56.14, compared to a current price of ₹120.93 — trading 115.4% above its estimated fair value. The current PB Ratio is 18.19, which is 557% above median its 10-year median of 2.77 and 508.4% above the Semiconductors industry median of 2.99. Ujaas Energy's overall GF Score™ is 51/100 with 1 warning sign 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 Ujaas Energy (NSE:UEL), the current PB Ratio is 18.19 as of Jul. 29, 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 Ujaas Energy (NSE:UEL) Overvalued in 2026?

Based on GuruFocus' analysis, Ujaas Energy stock appears to be overvalued. The current stock price of ₹120.93 is trading 115.4% above its estimated GF Value™ of ₹56.14. GuruFocus considers Ujaas Energy to be Significantly Overvalued.

Key valuation signals for NSE:UEL:

  • PB Ratio: 18.19 (557% above median its 10-year median of 2.77)
  • GF Value™: ₹56.14 vs. price of ₹120.93 (115.4% above fair value)
  • GF Score™: 51/100 with 1 warning sign
  • Industry Position: 508.4% above the Semiconductors median (#953 of 999)

No single metric tells the full story. See the NSE:UEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ujaas Energy Business Description

Other Exchanges 533644:India
Address Sanwer Road, Survey No. 211/1, Industrial Area, Opposite Sector - C and Metalman, Indore, MP, IND, 452015
Ujaas Energy Ltd is engaged in the generation of solar power, manufacturing, sales, and services of solar power plants, and manufacturing and sales of electric vehicles. It offers solar panels for homes, services for rooftop solar systems, transformers, solar power generating systems for commercial organizations, and builds solar power plants. These products and services are offered through its flagship Ujaas brand. The company has several solar power plants operating across different regions in India. The company's reportable segments are: Solar Power Generation and Maintenance, which generates maximum revenue, Manufacturing and Sale of Solar Power Plant, and Electric Vehicle (EV).
51GF Score

Get the complete analysis for NSE:UEL

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹120.93
Price
₹56.14
GF Value