As of May 25, 2025, Azure Power Global Ltd (AZRE) reports a EV/EBITDA of 9.57.
EV/EBITDA evaluates a company's total value relative to its earnings before interest, taxes, depreciation, and amortization, useful for comparing firms with different capital structures.
Comparing Azure Power Global Ltd's EV/EBITDA to Peers
To better understand Azure Power Global Ltd's position, it's useful to compare its EV/EBITDA against industry peers. Below are selected comparisons:
| Company | EV/EBITDA |
|---|---|
| Azure Power Global Ltd (AZRE) | 9.57 |
| Frendy Energy SpA (FDE.MI) | 1374.60 |
| Synex Renewable Energy Corp (SXI.TO) | 31.03 |
| XPLR Infrastructure LP (NEP) | 17.76 |
| TransAlta Renewables Inc (RNW.TO) | 17.35 |
| Boralex Inc (BLX.TO) | 14.02 |
Compared to its competitors, Azure Power Global Ltd's EV/EBITDA is about average compared to peers, indicating market valuation in line with industry expectations.