AZREF (Azure Power Global) ROE % Adjusted to Book Value: -47.24% (As of Mar. 2024)


AZREF Azure Power Global Ltd AZREF
12 GF Score
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What is Azure Power Global ROE % Adjusted to Book Value?

Azure Power Global AZREF 12 ROE % Adjusted to Book Value is -47.24% as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

Azure Power Global's ROE % for the quarter that ended in Mar. 2024 was -9.92%. Azure Power Global's PB Ratio for the quarter that ended in Mar. 2024 was 0.21. Azure Power Global's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was -47.24%.

Azure Power Global ROE % Adjusted to Book Value Related Terms

Azure Power Global ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Azure Power Global's ROE % Adjusted to Book Value 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.

Azure Power Global ROE % Adjusted to Book Value Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.18 -4.22 -3.13 -15.63 -47.24

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -4.18 -4.22 -3.13 -15.63 -47.24

AZREF vs SAFX, VGAS, STEM: ROE % Adjusted to Book Value Comparison

For the Utilities - Renewable subindustry, Azure Power Global's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Azure Power Global ROE % Adjusted to Book Value vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Azure Power Global's ROE % Adjusted to Book Value falls into.


AZREF
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Azure Power Global Ltd AZREF
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global ROE % Adjusted to Book Value Calculation

Azure Power Global's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-9.92% / 0.21
=-47.24%

Azure Power Global's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-9.92% / 0.21
=-47.24%

* 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.

What does a ROE % Adjusted to Book Value of -47.24% mean?
Azure Power Global (AZREF) has a ROE % Adjusted to Book Value of -47.24% as of Mar. 2024. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Azure Power Global and its competitors.
Is Azure Power Global's ROE % Adjusted to Book Value too high?
Azure Power Global's current ROE % Adjusted to Book Value is -47.24%. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's ROE % Adjusted to Book Value compare to SAFX and VGAS?
Azure Power Global's ROE % Adjusted to Book Value of -47.24% can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for an Utilities - Independent Power Producers company?
A good ROE % Adjusted to Book Value depends on the Utilities - Independent Power Producers industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Azure Power Global and its competitors. Azure Power Global's current ROE % Adjusted to Book Value is -47.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current ROE % Adjusted to Book Value of -47.24%. The current ROE % Adjusted to Book Value is -47.24%. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Azure Power Global (AZREF), the current ROE % Adjusted to Book Value is -47.24% as of Mar. 2024. 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.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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