Waaree Energies Limited (WEL) (WAAREEENER.NS)

P/B ratio as of July 2026 : 5.03

According to Waaree Energies Limited (WEL)'s latest financial reports the company has a price-to-book ratio of 2.95369.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Waaree Energies Limited (WEL) - P/B ratio (from 2025 to 2026)

P/B ratio by year

Year	P/B ratio	Change
2026-12-31	N/A	-100%
2025-12-31	8.16	-53.41%
2024-12-31	17.5
2023-12-31	N/A

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Waaree Energies Limited (WEL) (WAAREEENER.NS) - P/B ratio