As of 2026-04-03, the Relative Valuation of NTPC Ltd (NTPC.NS) is 393.84 INR. This relative valuation is based on P/E multiples. With the latest stock price at 359.65 INR, the upside of NTPC Ltd based on Relative Valuation is 9.5%.
The range of the Relative Valuation is 306.97 - 528.31 INR.
| Range | Selected | |
| Trailing P/E multiples | 17.9x - 29.2x | 23.4x |
| Forward P/E multiples | 11.2x - 15.9x | 13.4x |
| Fair Price | 306.97 - 528.31 | 393.84 |
| Upside | -14.6% - 46.9% | 9.5% |
| Date | P/E |
| 2026-04-02 | 19.89 |
| 2026-04-01 | 20.24 |
| 2026-03-30 | 20.49 |
| 2026-03-27 | 20.82 |
| 2026-03-25 | 20.90 |
| 2026-03-24 | 20.74 |
| 2026-03-23 | 20.53 |
| 2026-03-20 | 21.07 |
| 2026-03-19 | 20.74 |
| 2026-03-18 | 21.00 |
| 2026-03-17 | 21.20 |
| 2026-03-16 | 21.08 |
| 2026-03-13 | 21.24 |
| 2026-03-12 | 21.62 |
| 2026-03-11 | 20.95 |
| 2026-03-10 | 20.88 |
| 2026-03-09 | 20.79 |
| 2026-03-06 | 21.08 |
| 2026-03-05 | 20.88 |
| 2026-03-04 | 20.18 |
| 2026-03-02 | 20.85 |
| 2026-02-27 | 21.13 |
| 2026-02-26 | 21.16 |
| 2026-02-25 | 21.34 |
| 2026-02-24 | 21.27 |
| 2026-02-23 | 20.77 |
| 2026-02-20 | 20.62 |
| 2026-02-19 | 20.09 |
| 2026-02-18 | 20.35 |
| 2026-02-17 | 20.37 |
| 2026-02-16 | 20.40 |
| 2026-02-13 | 20.13 |
| 2026-02-12 | 20.35 |
| 2026-02-11 | 20.35 |
| 2026-02-10 | 20.27 |
| 2026-02-09 | 19.98 |
| 2026-02-06 | 20.12 |
| 2026-02-05 | 20.26 |
| 2026-02-04 | 20.29 |
| 2026-02-03 | 19.81 |
| 2026-02-02 | 19.49 |
| 2026-02-01 | 18.85 |
| 2026-01-30 | 19.58 |
| 2026-01-29 | 19.83 |
| 2026-01-28 | 19.30 |
| 2026-01-27 | 19.14 |
| 2026-01-23 | 18.64 |
| 2026-01-22 | 18.96 |
| 2026-01-21 | 18.72 |
| 2026-01-20 | 18.75 |