Adani Transmission Limited, together with its subsidiaries, generates, transmits, and distributes power in India. The company operates through Transmission, Trading, and GTD Business segments. It establishes, commissions, operates, and maintains electric power transmission systems; and distributes electricity to approximately 3 million customers in Mumbai. The company operates and maintains approximately 18,795 circuit kilometers of transmission lines with a total transformation capacity of 40,001 mega volt ampere in the states of Andhra Pradesh, Bihar, Chhattisgarh, Gujarat, Haryana, Jharkhand, Maharashtra, Madhya Pradesh, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal. In addition, it is involved in the dealing of bullion and agro commodities; and laying of optical fibers on transmission lines to provide telecom solutions to telecom companies, internet service providers, and long-distance communication operators. The company was incorporated in 2013 and is headquartered in Ahmedabad, India. Adani Transmission Limited is a subsidiary of S.B. Adani Family Trust.
P/B ratio for Adani Transmission Limited (ADANITRANS.NS)
P/B ratio as of 2023: 9.81
According to Adani Transmission Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 9.81. At the end of 2022 the company had a P/B ratio of 9.48.
P/B ratio history for Adani Transmission Limited from 2014 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 9.81 |
| 2022 | 9.48 |
| 2021 | 26.27 |
| 2020 | 11.20 |
| 2019 | 2.45 |
| 2018 | 3.01 |
| 2017 | 3.52 |
| 2016 | 2.39 |
| 2015 | 1.41 |
| 2014 | 2.84 |