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NHPC PE ratio, market cap and valuation

NSE: NHPCBSE: 533098PowerMid Cap

Last close ₹69.84down ₹2.54 (3.51%)BSE ₹70.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹72.38.

52-week range of traded prices to 23 Oct 2026
₹69.03Low, 23 Oct 2026₹87.29High, 23 Oct 2025
Market cap
₹70,155 Cr137th largest listed
P/E
18.5
P/B
1.7
Dividend yield
2.31%
ROE
9.4%
ROCE
3.6%
Debt to equity
1.08
Volume, NSE
1,36,59,03751.9% delivered

NHPC PE ratio and valuation against its own history

Each ratio on 23 Oct 2026 beside its median over each window. The ratios are on standalone accounts to Mar 2020 and consolidated from Mar 2021. The PE ratio is the market cap over the profit of the last twelve months.

  • Price to earnings18.48today

    1 year

    Median 23.80

    Today is at or above 0.4% of the 247 days

    3 years

    Median 25.79

    Today is at or above 8% of the 744 days

    5 years

    Median 20.35

    Today is at or above 45% of the 1,240 days

    10 years

    Median 10.84

    Today is at or above 72% of the 2,480 days

  • Price to book1.69today

    1 year

    Median 1.88

    Today is at or above 0.4% of the 247 days

    3 years

    Median 2.03

    Today is at or above 6% of the 744 days

    5 years

    Median 1.84

    Today is at or above 44% of the 1,240 days

    10 years, since Nov 2018

    Median 1.09

    Today is at or above 65% of the 1,968 days

  • Price to sales5.75today

    1 year

    Median 6.86

    Today is at or above 0.4% of the 247 days

    3 years

    Median 7.96

    Today is at or above 4% of the 744 days

    5 years

    Median 6.66

    Today is at or above 42% of the 1,240 days

    10 years

    Median 3.96

    Today is at or above 71% of the 2,480 days

  • EV to EBITDA20.50today

    1 year

    Median 21.83

    Today is at or above 17% of the 247 days

    3 years

    Median 22.77

    Today is at or above 18% of the 744 days

    5 years

    Median 20.42

    Today is at or above 51% of the 1,240 days

    10 years, since Nov 2018

    Median 11.38

    Today is at or above 69% of the 1,968 days

  • Dividend yield2.31%today

    1 year

    Median 2.41%

    Today is at or above 29% of the 247 days

    3 years

    Median 2.29%

    Today is at or above 52% of the 744 days

    5 years

    Median 2.50%

    Today is at or above 31% of the 1,240 days

    10 years

    Median 4.73%

    Today is at or above 17% of the 2,480 days

  • Earnings yield5.41%today

    1 year

    Median 4.20%

    Today is at or above 100% of the 247 days

    3 years

    Median 3.88%

    Today is at or above 92% of the 744 days

    5 years

    Median 4.91%

    Today is at or above 55% of the 1,240 days

    10 years

    Median 9.40%

    Today is at or above 28% of the 2,480 days

Each track ranks every trading day in the window from the day the ratio was lowest to the day it was highest; the dot is today. The share under it is how many of those days the ratio was at or below today's level, so a high share means today is higher than on most days in the window. A window is shown only when the ratio is held on most of its trading days; a day after a loss-making year has no P/E. Dividend yield is in per cent. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.

How each ratio is worked out, with today's figures

The twelve months: Filed 4 AugThe balance sheet: Filed 15 May

  • Price to earnings =Market cap÷Net profit, last twelve months₹3,797 Cr
  • Price to book =Market cap÷Net worth₹41,437 Cr
  • Price to sales =Market cap÷Revenue, last twelve months₹12,210 Cr
  • Enterprise value =Market cap+Borrowings₹52,134 Cr−Cash₹3,651 Cr
  • EV to EBITDA =Enterprise value÷Operating profit, last twelve months₹5,787 Cr
  • Market cap =Close×Shares in issue10,04,50,34,805at 30 Sep 2026

Consolidated accounts, the twelve months to Jun 2026, balance sheet at Mar 2026, ₹ crore.NHPC financials ›

NHPC valuation at each year end

On the last trading day of each March, the month the company's year ends.NHPC dividend history

RatioMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Market cap (₹ crore)35,64828,41825,34120,04024,56027,92540,38190,10482,57074,052
Price to earnings13.110.410.96.48.38.010.924.230.423.4
Price to bookNo balance sheetNo balance sheet0.80.70.70.81.12.32.11.8
Price to sales4.74.03.52.32.43.13.99.28.36.6
EV to EBITDANo balance sheetOperating profit not stated10.57.47.99.210.923.922.022.6
Dividend yield7.08%4.40%4.01%9.67%6.42%5.97%4.73%2.06%2.31%2.59%
Earnings yield7.7%9.6%9.2%15.6%12.1%12.5%9.2%4.1%3.3%4.3%
A ratio that does not exist on the day says why in its cell. The ratios are on standalone accounts to Mar 2020 and consolidated from Mar 2021.

NHPC market cap, ten years

The last trading day of each month.

Market cap, ₹ crore

  • Market cap

Earnings per share, book value and enterprise value

From the close on 23 Oct 2026, with the last twelve months' results.

Enterprise value
₹1,18,637 Cr
P/E to growth
0.77
Earnings per share
₹3.78
Book value per share
₹41.25
Dividends, last 12 months
₹1.61
Public's market cap
₹27,087 Cr

Against Power Generation

36 listed companies in Power Generation, each priced on its last trading day; NHPC is 5th among them by market cap. Each median leaves out NHPC itself and takes the other companies that have the figure.

Industry median P/E
21.2Across 20 other companies
Industry median P/B
1.4Across 30 other companies
Industry median EV/EBITDA
9.6Across 18 other companies
Industry median dividend yield
1.68%Across 9 other companies

Stakes in other listed companies

At market prices on 22 Oct 2026. Not published: the stakes are worth 0.2% of the company's own market cap, under the 25% this figure is about.

Its own market cap
₹72,706 Cr
Its stakes, at market
₹169 Cr