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Adani PowerNSE:ADANIPOWER +4.97%75 PEG Ratio is 1.71 as of Jul. 15, 2026, which is 249% above its 10-year median of 0.49. GuruFocus rates NSE:ADANIPOWER with a GF Score™ of 75/100 and a GF Value™ of ₹133.85 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 139 Utilities - Independent Power Producers companies, Adani Power ranks better than 56.12% on this metric.
PE Ratio without NRI / 5-Year EBITDA Growth Rate*
PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Adani Power's PE Ratio without NRI is 34.69. Adani Power's 5-Year EBITDA growth rate is 20.30%. Therefore, Adani Power's PEG Ratio for today is 1.71.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Adani Power's PEG Ratio or its related term are showing as below:
NSE:ADANIPOWER'
s PEG Ratio Range Over the Past 10 Years
Min: 0.2 Med: 0.49 Max: 37.18
Current: 1.71
During the past 13 years, Adani Power's highest PEG Ratio was 37.18. The lowest was 0.20. And the median was 0.49.
NSE:ADANIPOWER's PEG Ratio is ranked better than 56.12% of 139
companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.02
vs NSE:ADANIPOWER: 1.71
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Adani Power (NSE:ADANIPOWER) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Adani Power PEG Ratio Related Terms
Adani Power PEG Ratio Historical Data
* Premium members only.
The historical data trend for Adani Power's PEG 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.
NSE:ADANIPOWER vs CEG, VST, NRG: PEG Ratio Comparison
For the Utilities - Independent Power Producers subindustry, Adani Power's PEG Ratio, along with its competitors' market caps and PEG 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.
Adani Power PEG Ratio vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Adani Power's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Adani Power's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Adani Power (NSE:ADANIPOWER) has a PEG Ratio of 1.71 as of Jul. 15, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Adani Power and its competitors. This is 249% above median its historical median of 0.49. Over the past decade, Adani Power's PEG Ratio has ranged from 0.20 to 37.18. According to the industry distribution chart, Adani Power ranks #61 out of 139 companies in the Utilities - Independent Power Producers industry, placing it in the top 43.9%.
Is Adani Power's PEG Ratio too high?
Adani Power's current PEG Ratio of 1.71 is 249% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 37.18. The Utilities - Independent Power Producers industry median PEG Ratio is 2.02. Adani Power's value of 1.71 is 15.3% below this industry median. Based on the distribution chart, Adani Power ranks #61 out of 139 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Adani Power has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adani Power's PEG Ratio compare to CEG and VST?
According to the Utilities - Independent Power Producers industry distribution chart, Adani Power ranks #61 out of 139 companies for PEG Ratio. This puts Adani Power in the upper half of its industry. The industry median PEG Ratio is 2.02. Adani Power's value of 1.71 is 15.3% below this benchmark. Historically, Adani Power's own PEG Ratio has ranged from 0.20 to 37.18 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 2.02, Adani Power 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 PEG Ratio for an Utilities - Independent Power Producers company?
The median PEG Ratio among Utilities - Independent Power Producers companies is 2.02, based on 139 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adani Power's current PEG Ratio of 1.71 is 15.3% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Adani Power and its competitors. For the Utilities - Independent Power Producers industry, the median PEG Ratio is 2.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adani Power's current PEG Ratio is 1.71, which is 249% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adani Power stock overvalued right now?
Based on GuruFocus' analysis, Adani Power (NSE:ADANIPOWER) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹133.85, compared to a current price of ₹226.17 — trading 69% above its estimated fair value. The current PEG Ratio is 1.71, which is 249% above median its 10-year median of 0.49 and 15.3% below the Utilities - Independent Power Producers industry median of 2.02. Adani Power's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Adani Power (NSE:ADANIPOWER), the current PEG Ratio is 1.71 as of Jul. 15, 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 Adani Power (NSE:ADANIPOWER) Overvalued in 2026?
Based on GuruFocus' analysis, Adani Power stock appears to be overvalued.
The current stock price of ₹226.17 is trading 69% above its estimated GF Value™ of ₹133.85.
GuruFocus considers Adani Power to be Significantly Overvalued.
Key valuation signals for NSE:ADANIPOWER:
PEG Ratio: 1.71 (249% above median its 10-year median of 0.49)
GF Value™: ₹133.85 vs. price of ₹226.17 (69% above fair value)
Industry Position: 15.3% below the Utilities - Independent Power Producers median (#61 of 139)
No single metric tells the full story. See the NSE:ADANIPOWER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Adani Power Ltd sells power under long term / medium term / short term Power Purchase Agreement (PPAs), Supplemental Power Purchase Agreement (SPPAs), on merchant basis and also engaged in trading, investment and other business activities incidental and ancillary to power generation and sales. Its business activities revolve around development and operations of power generation plants including related activities and trading, investment and other activities as two segments. The company generates majority of revenue from Power Generation and related activities. It has presence Within India, and Outside India (Bangladesh). The company generates majority of revenue from India.
75GF Score
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