Waaree Energies Limited (NSE:WAAREEENER) — Market Cap & Net Worth

$9.70 Billion USD  · Rs897.09 Billion INR  · Rank #2282

Market Cap & Net Worth: Waaree Energies Limited (WAAREEENER)

Waaree Energies Limited (NSE:WAAREEENER) has a market capitalization of $9.70 Billion (Rs897.09 Billion) as of May 4, 2026. Listed on the NSE stock exchange, this India-based company holds position #2282 globally and #92 in its home market, demonstrating a -9.01% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Waaree Energies Limited's stock price Rs3118.80 by its total outstanding shares 287640905 (287.64 Million). Analyse Waaree Energies Limited operating cash flow efficiency to see how efficiently the company converts income to cash.

Waaree Energies Limited Market Cap History: 2024 to 2026

Waaree Energies Limited's market capitalization history from 2024 to 2026. Data shows growth from $8.88 Billion to $9.70 Billion (21.08% CAGR).

Waaree Energies Limited Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Waaree Energies Limited's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.

Latest Price to Sales (P/S) Ratio

0.06x

Waaree Energies Limited's market cap is 0.06 times its annual revenue

Industry average: 51.19x Lower than industry average

Latest Price to Earnings (P/E) Ratio

0.49x

Waaree Energies Limited's market cap is 0.49 times its annual earnings

Industry average: 19.71x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2024 $8.88 Billion $113.71 Billion $12.37 Billion 0.08x 0.72x
2025 $9.23 Billion $144.44 Billion $18.67 Billion 0.06x 0.49x

Competitor Companies of WAAREEENER by Market Capitalization

Companies near Waaree Energies Limited in the global market cap rankings as of May 4, 2026.

Key companies related to Waaree Energies Limited by market ranking:

  • First Solar Inc (NASDAQ:FSLR): Ranked #1225 globally with a market cap of $20.97 Billion USD.
  • Nextracker Inc. Class A Common Stock (NASDAQ:NXT): Ranked #1448 globally with a market cap of $17.18 Billion USD.
  • Trina Solar Co Ltd (SHG:688599): Ranked #3195 globally with a market cap of $5.95 Billion USD ( CN¥40.67 Billion CNY).
  • Hanwha Solutions (KO:009830): Ranked #3253 globally with a market cap of $5.82 Billion USD ( ₩8.59 Trillion KRW).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#1225 First Solar Inc NASDAQ:FSLR $20.97 Billion $211.71
#1448 Nextracker Inc. Class A Common Stock NASDAQ:NXT $17.18 Billion $119.93
#3195 Trina Solar Co Ltd SHG:688599 $5.95 Billion CN¥17.36
#3253 Hanwha Solutions KO:009830 $5.82 Billion ₩50700.00

Waaree Energies Limited Historical Marketcap From 2024 to 2026

Between 2024 and today, Waaree Energies Limited's market cap moved from $8.88 Billion to $ 9.70 Billion, with a yearly change of 21.08%.

Year Market Cap Change (%)
2026 Rs9.70 Billion +5.08%
2025 Rs9.23 Billion +3.98%
2024 Rs8.88 Billion --

End of Day Market Cap According to Different Sources

On May 3rd, 2026 the market cap of Waaree Energies Limited was reported to be:

Source Market Cap
Yahoo Finance $9.70 Billion USD
MoneyControl $9.70 Billion USD
MarketWatch $9.70 Billion USD
marketcap.company $9.70 Billion USD
Reuters $9.70 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Waaree Energies Limited

NSE:WAAREEENER India Solar
Market Cap
$9.70 Billion
Rs897.09 Billion INR
Market Cap Rank
#2282 Global
#92 in India
Share Price
Rs3118.80
Change (1 day)
-10.97%
52-Week Range
Rs2419.00 - Rs3739.80
All Time High
Rs3739.80
About

Waaree Energies Limited manufactures and exports solar photovoltaic modules for residential, commercial, industrial, and institutional projects. It operates through three segments: Solar Photovoltaic Module Manufacturing, EPC and O&M Solutions, and the Independent Power Producer. The company offers HJT, TOPCon, mono PERC, polycrystalline, flexible, and special modules; off-grid and on-grid invert… Read more