# API vs TAMOR

[API](https://nepse.link/stocks/API) (API POWER COMPANY LIMITED) and [TAMOR](https://nepse.link/stocks/TAMOR) (Sanima Middle Tamor Hydropower 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.

TAMOR is ahead of API on 3 of the 5 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), 1.1 times TAMOR (Rs 1,996.17 crore).

## Which is ahead on each measure

- API is cheaper on P/E (22.2 against 46.5 for TAMOR).
- API is cheaper on price to book (2.8 against 4.4 for TAMOR).
- TAMOR has done better over a year (+27.4% against +25.7% for API).
- TAMOR earns more on its equity (ROE 37.84% against 12.60%).
- TAMOR grew its net profit faster against the same quarter last year (+591.9% against +130.1% for API).

## API and TAMOR side by side

| Measure | API | TAMOR |
| --- | --- | --- |
| Last close | Rs 333.70 | Rs 599.00 |
| Change, 1 month | -0.98% | +8.93% |
| Change, 1 year | +25.70% | +27.36% |
| EPS | Rs 15.06 | Rs 51.57 |
| P/E | 22.2 | 46.5 |
| Book value per share | Rs 119.51 | Rs 136.01 |
| Price to book | 2.79 | 4.40 |
| ROE | 12.60% | 37.84% |
| Net profit growth, same quarter last year | +130.1% | +591.9% |
| Latest dividend | 5.26% (082/083) | 5.26% (082/083) |
| Market value | Rs 2,128.91 crore | Rs 1,996.17 crore |
| Average daily turnover, 30 days | Rs 11.06 crore | Rs 10.77 crore |

## Do they move together?

Over the last year their daily returns had a correlation of 0.50 (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 GHL](https://nepse.link/stocks/compare/API-vs-GHL)
- [API vs GVL](https://nepse.link/stocks/compare/API-vs-GVL)
- [API vs PHCL](https://nepse.link/stocks/compare/API-vs-PHCL)
- [GHL vs TAMOR](https://nepse.link/stocks/compare/GHL-vs-TAMOR)
- [GVL vs TAMOR](https://nepse.link/stocks/compare/GVL-vs-TAMOR)
- [PHCL vs TAMOR](https://nepse.link/stocks/compare/PHCL-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.