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India PowerNSE:DPSCLTD -0.13%67 PE Ratio without NRI is 92.75 as of Jul. 17, 2026, which is 1% above its 10-year median of 91.60. GuruFocus rates NSE:DPSCLTD with a GF Score™ of 67/100 and a GF Value™ of ₹19.15 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 453 Utilities - Regulated companies, India Power ranks worse than 95.14% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-17), India Power's share price is ₹7.42.
India Power's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.08. Therefore, India Power's PE Ratio without NRI for today is 92.75.
During the past 13 years, India Power's highest PE Ratio without NRI was 260.76. The lowest was 12.64. And the median was 91.60.
India Power's EPS without NRI for the
three
months ended in Mar. 2026 was ₹0.03.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.08.
India Power Corp Ltd stock PE Ratio (=93.13) is close to 1-year low of 93.13.
During the past years, India Power's highestPE Ratio (TTM) was 705.00. The lowest was 26.04. And the median was 107.02.
India Power's
EPS (Diluted) for the
three
months ended in Mar. 2026 was ₹0.03.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.08.
India Power's EPS (Basic) for the
three
months ended in Mar. 2026 was ₹0.03.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.08.
India Power (NSE:DPSCLTD) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
India Power PE Ratio without NRI Related Terms
India Power PE Ratio without NRI Historical Data
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The historical data trend for India Power's PE Ratio without NRI 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:DPSCLTD vs NEE, SO, DUK: PE Ratio without NRI Comparison
For the Utilities - Regulated Electric subindustry, India Power's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.
India Power PE Ratio without NRI vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, India Power's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where India Power's PE Ratio without NRI falls into.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.
India Power's PE Ratio without NRI for today is calculated as
India Power's Share Price of today is ₹7.42.
India Power's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0.08.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
India Power (NSE:DPSCLTD) has a PE Ratio without NRI of 92.75 as of Jul. 17, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on India Power and its competitors. This is near median its historical median of 91.60. Over the past decade, India Power's PE Ratio without NRI has ranged from 12.64 to 260.76. According to the industry distribution chart, India Power ranks #431 out of 453 companies in the Utilities - Regulated industry, placing it in the top 95.1%.
Is India Power's PE Ratio without NRI too high?
India Power's current PE Ratio without NRI of 92.75 is near median its 10-year median of 91.60. Over the past 10 years, this metric has ranged from a low of 12.64 to a high of 260.76. The Utilities - Regulated industry median PE Ratio without NRI is 14.84. India Power's value of 92.75 is 525% above this industry median. Based on the distribution chart, India Power ranks #431 out of 453 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, India Power has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does India Power's PE Ratio without NRI compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, India Power ranks #431 out of 453 companies for PE Ratio without NRI. This places India Power in the lower half of its industry. The industry median PE Ratio without NRI is 14.84. India Power's value of 92.75 is 525% above this benchmark. Historically, India Power's own PE Ratio without NRI has ranged from 12.64 to 260.76 over the past decade. While the company's 10-year median is 91.60 vs. the industry median of 14.84, India Power 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 PE Ratio without NRI for an Utilities - Regulated company?
The median PE Ratio without NRI among Utilities - Regulated companies is 14.84, based on 453 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. India Power's current PE Ratio without NRI of 92.75 is 525% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on India Power and its competitors. For the Utilities - Regulated industry, the median PE Ratio without NRI is 14.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Power's current PE Ratio without NRI is 92.75, which is near median its own 10-year median of 91.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Power stock overvalued right now?
Based on GuruFocus' analysis, India Power (NSE:DPSCLTD) is currently considered Possible Value Trap. The stock's GF Value™ is ₹19.15, compared to a current price of ₹7.42 — trading 61.3% below its estimated fair value. The current PE Ratio without NRI is 92.75, which is near median its 10-year median of 91.60 and 525% above the Utilities - Regulated industry median of 14.84. India Power's overall GF Score™ is 67/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For India Power (NSE:DPSCLTD), the current PE Ratio without NRI is 92.75 as of Jul. 17, 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 India Power (NSE:DPSCLTD) Overvalued in 2026?
Based on GuruFocus' analysis, India Power stock appears to be undervalued.
The current stock price of ₹7.42 is trading 61.3% below its estimated GF Value™ of ₹19.15.
GuruFocus considers India Power to be Possible Value Trap.
Key valuation signals for NSE:DPSCLTD:
PE Ratio without NRI: 92.75 (near median its 10-year median of 91.60)
GF Value™: ₹19.15 vs. price of ₹7.42 (61.3% below fair value)
Industry Position: 525% above the Utilities - Regulated median (#431 of 453)
No single metric tells the full story. See the NSE:DPSCLTD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
India Power Corp Ltd is an India-based power generation and utility company. It is involved in the renewable and conventional modes of power generation, distribution, and power trading. Along with conventional modes of power generation, it harnesses wind and solar energies to increase power generation capacity. The company's business segments are Regulated operations and Non-Regulated operations. The company derives maximum revenue from the Regulated operations.
67GF Score
Get the complete analysis for NSE:DPSCLTD
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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