Inox Wind Energy Adjusts Valuation Amid Strong Stock Performance and Competitive Metrics

Inox Wind Energy, a midcap player in the renewable energy sector, has recently undergone a valuation adjustment. The company's current price stands at 9,285.00, reflecting a notable shift from its previous close of 9,709.50. Over the past year, Inox Wind has demonstrated a robust stock return of 57.37%, significantly outperforming the Sensex, which recorded a return of 2.72% in the same period.
Key financial metrics for Inox Wind include a PE ratio of 105.06 and an EV to EBITDA ratio of 19.61. The company's return on capital employed (ROCE) is reported at 10.05%, while the return on equity (ROE) is at 2.07%. These figures provide insight into the company's operational efficiency and profitability.

When compared to its peers, Inox Wind's valuation metrics indicate a competitive position within the renewable energy industry. For instance, ACME Solar Holdings has a PE ratio of 94.56, while Websol Energy stands at 103.49. This context highlights Inox Wind's relative standing in a sector characterized by varying valuation levels among competitors.