# API vs GHL

[API](https://nepse.link/stocks/API) (API POWER COMPANY LIMITED) and [GHL](https://nepse.link/stocks/GHL) (Ghalemdi Hydro Limited) are two of the most traded Hydro Power stocks on NEPSE. Their numbers side by side, as of 2026-11-06, with results from q4 FY 082/083.

API is ahead of GHL on 5 of the 6 measures below. None of this is a recommendation; it is what the latest numbers say. API is the bigger company by market value (Rs 2,128.91 crore), 4.0 times GHL (Rs 532.95 crore).

## Which is ahead on each measure

- API is cheaper on P/E (22.2 against 16,150.0 for GHL).
- API is cheaper on price to book (2.8 against 3.4 for GHL).
- GHL has done better over a year (+48.2% against +25.7% for API).
- API declared the bigger latest dividend (5.26% for 082/083).
- API earns more on its equity (ROE 12.60% against 0.07%).
- API grew its net profit faster against the same quarter last year (+130.1% against +101.7% for GHL).

## API and GHL side by side

| Measure | API | GHL |
| --- | --- | --- |
| Last close | Rs 333.70 | Rs 323.00 |
| Change, 1 month | -0.98% | +9.53% |
| Change, 1 year | +25.70% | +48.17% |
| EPS | Rs 15.06 | Rs 0.07 |
| P/E | 22.2 | 16,150.0 |
| Book value per share | Rs 119.51 | Rs 95.07 |
| Price to book | 2.79 | 3.40 |
| ROE | 12.60% | 0.07% |
| Net profit growth, same quarter last year | +130.1% | +101.7% |
| Latest dividend | 5.26% (082/083) | – |
| Market value | Rs 2,128.91 crore | Rs 532.95 crore |
| Average daily turnover, 30 days | Rs 11.06 crore | Rs 24.32 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.55 (1 means they move in step, 0 means unrelated). That is moderate: they often move the same way, but not always.

## More Hydro Power comparisons

- [API vs GVL](https://nepse.link/stocks/compare/API-vs-GVL)
- [API vs PHCL](https://nepse.link/stocks/compare/API-vs-PHCL)
- [API vs TAMOR](https://nepse.link/stocks/compare/API-vs-TAMOR)
- [GHL vs GVL](https://nepse.link/stocks/compare/GHL-vs-GVL)
- [GHL vs PHCL](https://nepse.link/stocks/compare/GHL-vs-PHCL)
- [GHL vs TAMOR](https://nepse.link/stocks/compare/GHL-vs-TAMOR)
- [Every Hydro Power stock](https://nepse.link/stocks/sector/hydro-power)

Data from the Nepal Stock Exchange, refreshed four times a day by [nepse.link](https://nepse.link/about). Prices are adjusted for bonus and right shares. Not investment advice.