NTPCNSE:NTPC -0.50%89 PEG Ratio is 1.13 as of Jul. 04, 2026, which is 6% below its 10-year median of 1.20. GuruFocus rates NSE:NTPC with a GF Score™ of 89/100 and a GF Value™ of ₹350.73 (Fairly Valued). The stock has 4 warning signs investors should review. Among 299 Utilities - Regulated companies, NTPC ranks better than 63.88% 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, NTPC's PE Ratio without NRI is 11.71. NTPC's 5-Year EBITDA growth rate is 10.40%. Therefore, NTPC's PEG Ratio for today is 1.13.
* 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 NTPC's PEG Ratio or its related term are showing as below:
NSE:NTPC'
s PEG Ratio Range Over the Past 10 Years
Min: 0.32 Med: 1.2 Max: 1.88
Current: 1.12
During the past 13 years, NTPC's highest PEG Ratio was 1.88. The lowest was 0.32. And the median was 1.20.
NSE:NTPC's PEG Ratio is ranked better than 63.88% of 299
companies
in the Utilities - Regulated industry
Industry Median: 1.71
vs NSE:NTPC: 1.12
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
NTPC (NSE:NTPC) 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.
NTPC PEG Ratio Related Terms
NTPC PEG Ratio Historical Data
* Premium members only.
The historical data trend for NTPC'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.
For the Utilities - Regulated Electric subindustry, NTPC'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.
NTPC PEG Ratio vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, NTPC's PEG Ratio distribution charts can be found below:
* The bar in red indicates where NTPC'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.
NTPC (NSE:NTPC) has a PEG Ratio of 1.13 as of Jul. 04, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on NTPC and its competitors. This is near median its historical median of 1.20. Over the past decade, NTPC's PEG Ratio has ranged from 0.32 to 1.88. According to the industry distribution chart, NTPC ranks #108 out of 299 companies in the Utilities - Regulated industry, placing it in the top 36.1%.
Is NTPC's PEG Ratio too high?
NTPC's current PEG Ratio of 1.13 is near median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.32 to a high of 1.88. The Utilities - Regulated industry median PEG Ratio is 1.71. NTPC's value of 1.13 is 33.9% below this industry median. Based on the distribution chart, NTPC ranks #108 out of 299 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, NTPC has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NTPC's PEG Ratio compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, NTPC ranks #108 out of 299 companies for PEG Ratio. This puts NTPC in the upper half of its industry. The industry median PEG Ratio is 1.71. NTPC's value of 1.13 is 33.9% below this benchmark. Historically, NTPC's own PEG Ratio has ranged from 0.32 to 1.88 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.71, NTPC 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 - Regulated company?
The median PEG Ratio among Utilities - Regulated companies is 1.71, based on 299 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. NTPC's current PEG Ratio of 1.13 is 33.9% 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 NTPC and its competitors. For the Utilities - Regulated industry, the median PEG Ratio is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NTPC's current PEG Ratio is 1.13, which is near median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NTPC stock overvalued right now?
Based on GuruFocus' analysis, NTPC (NSE:NTPC) is currently considered Fairly Valued. The stock's GF Value™ is ₹350.73, compared to a current price of ₹356.45 — trading 1.6% above its estimated fair value. The current PEG Ratio is 1.13, which is near median its 10-year median of 1.20 and 33.9% below the Utilities - Regulated industry median of 1.71. NTPC's overall GF Score™ is 89/100 with 4 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 NTPC (NSE:NTPC), the current PEG Ratio is 1.13 as of Jul. 04, 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 NTPC (NSE:NTPC) Overvalued in 2026?
Based on GuruFocus' analysis, NTPC stock appears to be overvalued.
The current stock price of ₹356.45 is trading 1.6% above its estimated GF Value™ of ₹350.73.
GuruFocus considers NTPC to be Fairly Valued.
Key valuation signals for NSE:NTPC:
PEG Ratio: 1.13 (near median its 10-year median of 1.20)
GF Value™: ₹350.73 vs. price of ₹356.45 (1.6% above fair value)
Industry Position: 33.9% below the Utilities - Regulated median (#108 of 299)
No single metric tells the full story. See the NSE:NTPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NTPC Ltd is an Indian state-owned electric utility company. It is the power producer in India and supplies a amount of the nation's total needs. The company generates revenue through the sale of electricity to state-owned Indian power distribution companies from its stations throughout the country. NTPC also brings in a amount of revenue through its consultancy wing, which provides project management and supervision, energy trading, oil and gas exploration and coal mining. While the vast majority of its facilities use coal and gas fuel sources, NTPC has also increased its capacity through renewable energy sources, such as hydroelectric, solar, and thermal power, and plans to continue this trend going forward.
89GF Score
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