Indian Energy ExchangeNSE:IEX -0.20%80 PB Ratio is 8.06 as of Jul. 07, 2026, which is 46% below its 10-year median of 14.90. GuruFocus rates NSE:IEX with a GF Score™ of 80/100 and a GF Value™ of ₹211.64 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 779 Capital Markets companies, Indian Energy Exchange ranks worse than 93.97% on this metric.
Indian Energy Exchange Ltd stock PB Ratio (=8.07) is close to 10-year low of 7.78.
The historical rank and industry rank for Indian Energy Exchange's PB Ratio or its related term are showing as below:
NSE:IEX'
s PB Ratio Range Over the Past 10 Years
Min: 7.78 Med: 14.9 Max: 42.6
Current: 8.05
During the past 13 years, Indian Energy Exchange's highest PB Ratio was 42.60. The lowest was 7.78. And the median was 14.90.
NSE:IEX's PB Ratio is ranked worse than 93.97% of 779
companies
in the Capital Markets industry
Industry Median: 1.35
vs NSE:IEX: 8.05
During the past 12 months, Indian Energy Exchange's average Book Value Per Share Growth Rate was 20.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 19.50% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 20.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.20% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Indian Energy Exchange was 27.50% per year. The lowest was 3.20% per year. And the median was 17.70% per year.
Back to Basics: PB Ratio
Indian Energy Exchange (NSE:IEX) 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.
* 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 Capital Markets subindustry, Indian Energy Exchange'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.
Indian Energy Exchange PB Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Indian Energy Exchange's PB Ratio distribution charts can be found below:
* The bar in red indicates where Indian Energy Exchange'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.
Indian Energy Exchange (NSE:IEX) has a PB Ratio of 8.06 as of Jul. 07, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Indian Energy Exchange and its competitors. This is 46% below median its historical median of 14.90. Over the past decade, Indian Energy Exchange's PB Ratio has ranged from 7.78 to 42.60. According to the industry distribution chart, Indian Energy Exchange ranks #732 out of 779 companies in the Capital Markets industry, placing it in the top 94%.
Is Indian Energy Exchange's PB Ratio too high?
Indian Energy Exchange's current PB Ratio of 8.06 is 46% below median its 10-year median of 14.90. Over the past 10 years, this metric has ranged from a low of 7.78 to a high of 42.60. The Capital Markets industry median PB Ratio is 1.35. Indian Energy Exchange's value of 8.06 is 497% above this industry median. Based on the distribution chart, Indian Energy Exchange ranks #732 out of 779 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Indian Energy Exchange has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Energy Exchange's PB Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, Indian Energy Exchange ranks #732 out of 779 companies for PB Ratio. This places Indian Energy Exchange in the lower half of its industry. The industry median PB Ratio is 1.35. Indian Energy Exchange's value of 8.06 is 497% above this benchmark. Historically, Indian Energy Exchange's own PB Ratio has ranged from 7.78 to 42.60 over the past decade. While the company's 10-year median is 14.90 vs. the industry median of 1.35, Indian Energy Exchange 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 Capital Markets company?
The median PB Ratio among Capital Markets companies is 1.35, based on 779 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. Indian Energy Exchange's current PB Ratio of 8.06 is 497% 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 Indian Energy Exchange and its competitors. For the Capital Markets industry, the median PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Energy Exchange's current PB Ratio is 8.06, which is 46% below median its own 10-year median of 14.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Energy Exchange stock overvalued right now?
Based on GuruFocus' analysis, Indian Energy Exchange (NSE:IEX) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹211.64, compared to a current price of ₹123.69 — trading 41.6% below its estimated fair value. The current PB Ratio is 8.06, which is 46% below median its 10-year median of 14.90 and 497% above the Capital Markets industry median of 1.35. Indian Energy Exchange's overall GF Score™ is 80/100 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 Indian Energy Exchange (NSE:IEX), the current PB Ratio is 8.06 as of Jul. 07, 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 Indian Energy Exchange (NSE:IEX) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Energy Exchange stock appears to be undervalued.
The current stock price of ₹123.69 is trading 41.6% below its estimated GF Value™ of ₹211.64.
GuruFocus considers Indian Energy Exchange to be Significantly Undervalued.
Key valuation signals for NSE:IEX:
PB Ratio: 8.06 (46% below median its 10-year median of 14.90)
GF Value™: ₹211.64 vs. price of ₹123.69 (41.6% below fair value)
Industry Position: 497% above the Capital Markets median (#732 of 779)
No single metric tells the full story. See the NSE:IEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Energy Exchange Ltd is an India-based power trading platform provider. It is a power exchange for spot trading in power/electricity, trading of Renewable Energy Certificates (REC), and Energy Saving Certificates (ESCerts). The main activity of the company is to provide an automated platform and infrastructure for carrying out trading in electricity units for the physical delivery of electricity.
80GF Score
Get the complete analysis for NSE:IEX
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:IEX has been successfully added to your 
