As of 2026-05-22, the Relative Valuation of Azure Power Global Ltd (AZRE) is (29.16) USD. This relative valuation is based on P/E multiples. With the latest stock price at 1.69 USD, the upside of Azure Power Global Ltd based on Relative Valuation is -1825.3%.
The range of the Relative Valuation is (20.42) - (34.24) USD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 29.9x - 57.7x | 42.7x |
| Forward P/E multiples | 29.9x - 50.1x | 42.7x |
| Fair Price | (20.42) - (34.24) | (29.16) |
| Upside | -1308.1% - -2125.9% | -1825.3% |
| Date | P/E |