The recent correction in equity markets has done little to dent the sky-high valuation of Adani Group companies. Adani Group companies remain some of the most expensive stocks on the bourses, with a combined price-to-earnings (P/E) multiple of 105.3x and a price-to-book value (P/BV) ratio of 15.3x.
The seven listed companies in Adani Group had a combined market capitalisation (m-cap) of Rs 14.44 trillion on Tuesday, against a combined net profit of Rs 13,715 crore in 2021-22 (FY22), and combined networth of Rs 94,442.5 crore at the end of FY22.
The Adani Ports and Special Economic Zone is
The seven listed companies in Adani Group had a combined market capitalisation (m-cap) of Rs 14.44 trillion on Tuesday, against a combined net profit of Rs 13,715 crore in 2021-22 (FY22), and combined networth of Rs 94,442.5 crore at the end of FY22.
The Adani Ports and Special Economic Zone is