Which stock is cheaper: NTPC or ADANIPOWER?

Based on Price to Earnings, NTPC trades at a P/E of 9.9 while ADANIPOWER trades at a P/E of 27.6.

Does NTPC or ADANIPOWER have higher ROCE?

NTPC generates an ROCE of 13.6% compared to ADANIPOWER's ROCE of 21.2%.

NTPC LTD (NTPC) has a market cap of ₹3,23,287 Cr compared to ADANI POWER LTD (ADANIPOWER) with ₹4,04,921 Cr.

NTPCUtilities

₹316.25+1.85%

Market Cap: ₹3,23,287 Cr

Leads (3/5)

₹189.00-1.15%

Market Cap: ₹4,04,921 Cr

Automated quantitative breakdown of fundamental strengths between NTPC and ADANIPOWER.

Attractive ValuationNTPC (P/E 9.9)Trades at lower Price-to-Earnings

Capital EfficiencyADANIPOWER (ROCE 21.2%)Superior operating return on capital

Balance Sheet SafetyADANIPOWERLower debt-to-equity ratio

Shareholder YieldSimilar YieldComparable dividend payouts

Green highlight indicates the stronger metric

Financial Metric	NTPC	ADANIPOWER
Valuation Multiples
Market Capitalization	₹3,23,287 Cr	₹4,04,921 Cr
Price to Earnings (P/E)	9.85	27.64
Price to Book (P/B)	1.85	7.64
Profitability & Capital Efficiency
Return on Capital Employed (ROCE)	13.55%	21.19%
Return on Equity (ROE)	12.54%	29.05%
Operating Profit Margin (OPM)	20.82%	35.78%
Net Profit Margin (NPM)	11.88%	24.33%
Balance Sheet & Solvency
Debt to Equity Ratio	1.09	0.93
Dividend Yield	120.79%	0.00%
Historical Growth
3-Year Sales Growth (CAGR)	2.35%	6.64%
Latest Quarter Financial Results
Quarterly Revenue (30 Jun 2026)	₹50,741 Cr	₹18,902 Cr
Quarterly Net Profit	₹6,721 Cr	₹4,806 Cr