Lalpir Power Limited (LPL) valuation

At Rs 18.50 (close on 16 Oct 2026) LPL trades at 77.3× earnings (TTM to Jun 2026), above its five-year average of 7.3× and above the Power Generation & Distribution median of 8.7×. The shares are priced at 0.44× book value (sector median 0.66×). Enterprise value of -Rs 4.0 bn is -4.0× EBITDA.

P/E · today: 77.3×; TTM to Jun 2026; 5-yr average7.3× Sector median8.7×
P/B · today: 0.44×; Quarter to Jun 2026; 5-yr average0.47× Sector median0.66×
EV/EBITDA · today: -4.0×; 5-yr average1.9× Sector median10.2×
Dividend yield · today: 0.0%; FY2025; 5-yr average26.1% Payers' median10.3%

Market value Rs 5.2 bn at Rs 18.50. Sector medians use the latest close of 16 Power Generation & Distribution companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

P/E history P/E at fiscal year-end 5-year average

Valuation history

At each fiscal year-end price.

LPL valuation history (annual) (Rs bn)
Rs bn	FY2025 Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012
Market capitalisation	6.8	8.3	8.6	5.7	5.4	4.9	5.5	6.3	8.6	9.2	11.3	11.4	7.6	—
Enterprise value	(2.4)	(1.5)	12.7	10.5	7.1	16.0	19.5	18.3	18.1	18.8	19.3	20.8	17.3	—
Share price (period end) Rs	24.29	21.74	22.58	15.13	14.11	12.82	14.51	16.51	22.53	24.20	29.74	29.90	19.90	—
P/E (diluted)	—	17.77×	1.87×	2.12×	—	1.37×	2.70×	8.39×	8.80×	9.24×	13.29×	14.33×	11.72×	—
Price to book	0.59×	0.56×	0.54×	0.32×	0.34×	0.28×	0.37×	0.48×	0.67×	0.73×	0.91×	0.92×	0.63×	—
Price to sales	—	0.58×	0.44×	0.15×	0.29×	0.39×	0.43×	0.37×	0.47×	0.60×	0.51×	0.37×	0.21×	—
EV / EBITDA	—	(0.51×)	1.99×	2.42×	7.15×	2.71×	4.07×	6.87×	6.89×	7.44×	7.23×	9.16×	8.49×	—
EV / Sales	—	(0.10×)	0.65×	0.28×	0.38×	1.29×	1.52×	1.09×	0.99×	1.22×	0.87×	0.67×	0.47×	—
Dividend yield (gross)	0.0%	18.4%	75.3%	9.9%	21.3%	17.6%	6.9%	6.1%	8.9%	8.3%	0.0%	5.0%	10.1%	—
Free cash flow yield	6.1%	183.2%	81.3%	(49.4%)	194.4%	72.3%	(37.3%)	(31.3%)	8.9%	(9.7%)	19.5%	7.2%	(0.4%)	—
PEG ratio	—	(0.20×)	0.03×	0.00×	—	0.02×	0.02×	(0.36×)	(3.92×)	0.54×	1.84×	0.62×	(0.21×)	—
P/E (diluted, normalised)	—	11.71×	1.87×	2.12×	—	1.37×	2.70×	8.39×	8.79×	9.24×	13.29×	14.33×	11.72×	—
Price to book — 5-year average	0.47×	0.40×	0.37×	0.35×	0.41×	0.48×	0.62×	0.74×	0.77×	—	—	—	—	—
EV / EBITDA — 5-year average	1.91×	2.18×	2.93×	3.82×	4.65×	4.89×	6.15×	7.47×	7.77×	—	—	—	—	—
Dividend yield — 5-year average	26.1%	32.1%	31.3%	12.0%	11.5%	9.1%	5.6%	5.3%	5.9%	—	—	—	—	—

LPL valuation: frequently asked questions

What is LPL's P/E ratio?

At the closing price of Rs 18.50 on 16 Oct 2026, LPL trades at a P/E of 77.3× based on EPS of Rs 0.24 (TTM to Jun 2026).

What is LPL's book value per share?

Lalpir Power Limited's book value per share was Rs 41.25 at the end of FY2025. The shares trade at 0.44× book value.

Information only, not investment advice.