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KPI Green EnergyBOM:542323 -4.82%85 PB Ratio is 1.97 as of Aug. 18, 2026, which is 60% below its 10-year median of 4.89. GuruFocus rates BOM:542323 with a GF Score™ of 85/100 and a GF Value™ of ₹739.14 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, KPI Green Energy ranks worse than 65.37% 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 (2026-08-18), KPI Green Energy's share price is ₹303.35. KPI Green Energy's Book Value per Share for the quarter that ended in Jun. 2026 was ₹153.74. Hence, KPI Green Energy's PB Ratio of today is 1.97.
Good Sign:
KPI Green Energy Ltd stock PB Ratio (=2.07) is close to 3-year low of 2.07.
The historical rank and industry rank for KPI Green Energy's PB Ratio or its related term are showing as below:
BOM:542323'
s PB Ratio Range Over the Past 10 Years
Min: 0.68 Med: 4.89 Max: 16.32
Current: 1.97
During the past 11 years, KPI Green Energy's highest PB Ratio was 16.32. The lowest was 0.68. And the median was 4.89.
During the past 12 months, KPI Green Energy's average Book Value Per Share Growth Rate was 24.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 113.20% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 100.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 62.20% per year.
During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of KPI Green Energy was 135.20% per year. The lowest was 15.80% per year. And the median was 67.05% 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.
KPI Green Energy PB Ratio Related Terms
KPI Green Energy PB Ratio Historical Data
* Premium members only.
The historical data trend for KPI Green 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, KPI Green 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.
KPI Green Energy PB Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, KPI Green Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where KPI Green 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.
* 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.
KPI Green Energy (BOM:542323) has a PB Ratio of 1.97 as of Aug. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on KPI Green Energy and its competitors. This is 60% below median its historical median of 4.89. Over the past decade, KPI Green Energy's PB Ratio has ranged from 0.68 to 16.32. According to the industry distribution chart, KPI Green Energy ranks #285 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 65.4%.
Is KPI Green Energy's PB Ratio too high?
KPI Green Energy's current PB Ratio of 1.97 is 60% below median its 10-year median of 4.89. Over the past 10 years, this metric has ranged from a low of 0.68 to a high of 16.32. The Utilities - Independent Power Producers industry median PB Ratio is 1.28. KPI Green Energy's value of 1.97 is 53.9% above this industry median. Based on the distribution chart, KPI Green Energy ranks #285 out of 436 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, KPI Green Energy has a GF Score™ of 85/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KPI Green Energy's PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, KPI Green Energy ranks #285 out of 436 companies for PB Ratio. This places KPI Green Energy in the lower half of its industry. The industry median PB Ratio is 1.28. KPI Green Energy's value of 1.97 is 53.9% above this benchmark. Historically, KPI Green Energy's own PB Ratio has ranged from 0.68 to 16.32 over the past decade. While the company's 10-year median is 4.89 vs. the industry median of 1.28, KPI Green 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 an Utilities - Independent Power Producers company?
The median PB Ratio among Utilities - Independent Power Producers companies is 1.28, based on 436 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. KPI Green Energy's current PB Ratio of 1.97 is 53.9% 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 KPI Green 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. KPI Green Energy's current PB Ratio is 1.97, which is 60% below median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KPI Green Energy stock overvalued right now?
Based on GuruFocus' analysis, KPI Green Energy (BOM:542323) is currently considered Possible Value Trap. The stock's GF Value™ is ₹739.14, compared to a current price of ₹303.35 — trading 59% below its estimated fair value. The current PB Ratio is 1.97, which is 60% below median its 10-year median of 4.89 and 53.9% above the Utilities - Independent Power Producers industry median of 1.28. KPI Green Energy's overall GF Score™ is 85/100 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 KPI Green Energy (BOM:542323), the current PB Ratio is 1.97 as of Aug. 18, 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 KPI Green Energy (BOM:542323) Overvalued in 2026?
Based on GuruFocus' analysis, KPI Green Energy stock appears to be undervalued.
The current stock price of ₹303.35 is trading 59% below its estimated GF Value™ of ₹739.14.
GuruFocus considers KPI Green Energy to be Possible Value Trap.
Key valuation signals for BOM:542323:
PB Ratio: 1.97 (60% below median its 10-year median of 4.89)
GF Value™: ₹739.14 vs. price of ₹303.35 (59% below fair value)
Industry Position: 53.9% above the Utilities - Independent Power Producers median (#285 of 436)
No single metric tells the full story. See the BOM:542323 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KPI Green Energy Ltd Ltd is a solar power generating company. The company develops, builds, owns, operates, and maintains solar power plants as an Independent Power Producer (IPP) and as a service provider to Captive Power Producers (CPP) under the brand name Solarism. Its operating segment includes the Sale of Power and Power Plants; and the Sale of Plots. The company generates maximum revenue from the Sale of Power and Solar Power Plants segment. Geographically, it operates only in India.
85GF Score
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