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Waa SolarBOM:541445 +0.46%65 PE Ratio (TTM) is 89.80 as of Aug. 19, 2026, which is 1188% above its 10-year median of 6.97. GuruFocus rates BOM:541445 with a GF Score™ of 65/100 and a GF Value™ of ₹70.52 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 291 Utilities - Independent Power Producers companies, Waa Solar ranks worse than 89% on this metric.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-08-19), Waa Solar's share price is
₹44.00.
Waa Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.49. Therefore, Waa Solar's PE Ratio (TTM) for today is 89.80.
The historical rank and industry rank for Waa Solar's PE Ratio (TTM) or its related term are showing as below:
BOM:541445'
s PE Ratio (TTM) Range Over the Past 10 Years
Min: 0.56 Med: 6.97 Max: 139.29
Current: 89.79
During the past 13 years, the highest PE Ratio (TTM) of Waa Solar was 139.29. The lowest was 0.56. And the median was 6.97.
BOM:541445's PE Ratio (TTM) is ranked worse than 89% of 291
companies
in the Utilities - Independent Power Producers industry
Industry Median: 18.65
vs BOM:541445: 89.79
As of today (2026-08-19), Waa Solar's share price is ₹44.00.
Waa Solar's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.50. Therefore, Waa Solar's PE Ratio without NRI for today is 88.71.
During the past 13 years, Waa Solar's highestPE Ratio without NRI was 139.29. The lowest was 0.56. And the median was 7.94.
Waa Solar's EPS without NRI for the
six
months ended in Mar. 2026 was ₹-0.89.
Its EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.50.
During the past 12 months, Waa Solar's average EPS without NRIGrowth Rate was -90.70% per year.
During the past 3 years, the average EPS without NRIGrowth Rate was -59.60% per year.
During the past 5 years, the average EPS without NRIGrowth Rate was -31.20% per year.
During the past 10 years, the average EPS without NRIGrowth Rate was -9.80% per year.
During the past 13 years, Waa Solar's highest 3-Year average EPS without NRI Growth Rate was 42.90% per year. The lowest was -59.60% per year. And the median was -6.50% per year.
Waa Solar's EPS (Basic) for the
six
months ended in Mar. 2026 was ₹-0.88.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0.49.
The PE Ratio (TTM) 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 (TTM) 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 (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.
If a company loses money, the PE Ratio (TTM) 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 (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) 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 (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.
Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) 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 (TTM) 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 (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .
PE Ratio (TTM) can also be affected by non-recurring-items 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 PE Ratio (TTM).
Waa Solar PE Ratio (TTM) Related Terms
Waa Solar PE Ratio (TTM) Historical Data
* Premium members only.
The historical data trend for Waa Solar's PE Ratio (TTM) 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, Waa Solar's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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.
Waa Solar PE Ratio (TTM) vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Waa Solar's PE Ratio (TTM) distribution charts can be found below:
* The bar in red indicates where Waa Solar's PE Ratio (TTM) falls into.
The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.
Waa Solar's PE Ratio (TTM) for today is calculated as
Waa Solar's Share Price of today is ₹44.00.
For company reported semi-annually, Waa Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₹0.49.
* 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:
There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.
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. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
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.
Waa Solar (BOM:541445) has a PE Ratio (TTM) of 89.80 as of Aug. 19, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Waa Solar and its competitors. This is 1188% above median its historical median of 6.97. Over the past decade, Waa Solar's PE Ratio (TTM) has ranged from 0.56 to 139.29. According to the industry distribution chart, Waa Solar ranks #259 out of 291 companies in the Utilities - Independent Power Producers industry, placing it in the top 89%.
Is Waa Solar's PE Ratio (TTM) too high?
Waa Solar's current PE Ratio (TTM) of 89.80 is 1188% above median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 139.29. The Utilities - Independent Power Producers industry median PE Ratio (TTM) is 18.65. Waa Solar's value of 89.80 is 381.5% above this industry median. Based on the distribution chart, Waa Solar ranks #259 out of 291 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Waa Solar has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Waa Solar's PE Ratio (TTM) compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Waa Solar ranks #259 out of 291 companies for PE Ratio (TTM). This places Waa Solar in the lower half of its industry. The industry median PE Ratio (TTM) is 18.65. Waa Solar's value of 89.80 is 381.5% above this benchmark. Historically, Waa Solar's own PE Ratio (TTM) has ranged from 0.56 to 139.29 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 18.65, Waa Solar 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 (TTM) for an Utilities - Independent Power Producers company?
The median PE Ratio (TTM) among Utilities - Independent Power Producers companies is 18.65, based on 291 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Waa Solar's current PE Ratio (TTM) of 89.80 is 381.5% 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 (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Waa Solar and its competitors. For the Utilities - Independent Power Producers industry, the median PE Ratio (TTM) is 18.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waa Solar's current PE Ratio (TTM) is 89.80, which is 1188% above median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waa Solar stock overvalued right now?
Based on GuruFocus' analysis, Waa Solar (BOM:541445) is currently considered Possible Value Trap. The stock's GF Value™ is ₹70.52, compared to a current price of ₹44.00 — trading 37.6% below its estimated fair value. The current PE Ratio (TTM) is 89.80, which is 1188% above median its 10-year median of 6.97 and 381.5% above the Utilities - Independent Power Producers industry median of 18.65. Waa Solar's overall GF Score™ is 65/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Waa Solar (BOM:541445), the current PE Ratio (TTM) is 89.80 as of Aug. 19, 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 Waa Solar (BOM:541445) Overvalued in 2026?
Based on GuruFocus' analysis, Waa Solar stock appears to be undervalued.
The current stock price of ₹44.00 is trading 37.6% below its estimated GF Value™ of ₹70.52.
GuruFocus considers Waa Solar to be Possible Value Trap.
Key valuation signals for BOM:541445:
PE Ratio (TTM): 89.80 (1188% above median its 10-year median of 6.97)
GF Value™: ₹70.52 vs. price of ₹44.00 (37.6% below fair value)
Industry Position: 381.5% above the Utilities - Independent Power Producers median (#259 of 291)
No single metric tells the full story. See the BOM:541445 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Waa Solar Ltd is an Indian firm engaged in solar power generation. The company is focused on the development of solar power projects through ground-mounted and rooftop solar installations. Its project portfolio comprises a 10.25 MW (DC) capacity of a ground-mounted Solar PV power project in Gujarat, a 100 KW solar project at Raja Bhoj Airport in Bhopal, and various 47.5 MW solar projects at different locations in Gujarat, among others.
65GF Score
Get the complete analysis for BOM:541445
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