Indian Renewable Energy Development Agency Ltd.
IREDA
Rank in Stocks
#4614
Indian Renewable Energy Development Agency Limited, a non-banking financial... Indian Renewable Energy Development Agency Limited, a non-banking financial company, provides financial products and services in the renewable energy and energy efficiency sectors in India. The company promotes, develops, and extends financial assistance for setting up projects relating to new and renewable sources of energy and energy efficiency/conservation. It also generates solar, wind, hydro, biomass, biofuels, and waste to energy power. The company was incorporated in 1987 and is based in New Delhi, India.
Share Price
$1.18
Last synced: 2026-10-19
Market Cap
$3.30B
Change (1 day)
-2.01%
Change (1 year)
-32.58%
Country
IN
Trade Indian Renewable Energy Development Agency Ltd. (IREDA)
Category
Financial Services
P/B ratio for Indian Renewable Energy Development Agency Ltd. (IREDA)
P/B ratio as of October 2026 TTM: 2.22
According to Indian Renewable Energy Development Agency Ltd. latest financial reports and stock price the company's current price-to-book ratio (TTM) is 2.22. At the end of 2024 the company had a P/B ratio of 4.04.
P/B ratio history for Indian Renewable Energy Development Agency Ltd. from 2013 to 2026
P/B ratio at the end of each year
| Year | P/B Ratio | Change |
|---|---|---|
| 2026 (TTM) | 2.22 | -47.38% |
| 2025 | 4.21 | 3.98% |
| 2024 | 4.04 | 74.90% |
| 2023 | 2.31 | 157.33% |
| 2022 | 0.90 | -42.88% |
| 2021 | 1.57 | 829.24% |
| 2020 | 0.17 | -11.50% |
| 2019 | 0.19 | -16.79% |
| 2018 | 0.23 | -8.52% |
| 2017 | 0.25 | -87.74% |
| 2016 | 2.05 | -2.79% |
| 2015 | 2.11 | -26.32% |
| 2014 | 2.86 | -12.62% |
| 2013 | 3.28 | 0.00% |
P/B ratio for similar companies or competitors
| Company | P/B Ratio | P/B Ratio Difference | Country |
|---|---|---|---|
| 21.2912 | 861.18% |
US
|
|
| 94.824 | 4,180.80% |
US
|
|
| 6.0709 | 174.07% |
US
|
|
| 1.0598 | -52.16% |
US
|
|
| 5.2751 | 138.14% |
IN
|
