BHARTI AIRTEL
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The Current P/B Ratio of BHARTI AIRTEL is 10.47.
| Share Price | ₹1,336.3 | Apr 24,2024 |
| Market Cap | ₹809,914.5 Cr | |
| Book Value | ₹77,388.1 Cr | Mar2023 - Consolidated Results |
| Price/Book | 10.47x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of BHARTI AIRTEL
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹809,914.5 Cr] as on Apr 24,2024
(/) Book Value [ ₹77,388.1 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 10.47x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for BHARTI AIRTEL , the investors are currently willing to pay '10.47 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of BHARTI AIRTEL !
The chart below summarizes the trend in P/B Ratio of BHARTI AIRTEL over the last five years.
Thus, for BHARTI AIRTEL , the investors are currently willing to pay '10.47 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of BHARTI AIRTEL !
The chart below summarizes the trend in P/B Ratio of BHARTI AIRTEL over the last five years.
Historical PB (Price/Book ) ratio chart of BHARTI AIRTEL
PB Ratio Performance Analysis for BHARTI AIRTEL
- BHARTI AIRTEL 's latest p/b ratio is 10.47x.
- BHARTI AIRTEL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.33x.
- BHARTI AIRTEL 's operated at median p/b ratio of 4.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARTI AIRTEL 's p/b ratio peaked in Mar2022 at 6.35x.
- BHARTI AIRTEL 's p/b ratio hit its five-year low in Mar2019 of 1.87x.
- BHARTI AIRTEL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.33x.
- BHARTI AIRTEL 's operated at median p/b ratio of 4.83x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BHARTI AIRTEL 's p/b ratio peaked in Mar2022 at 6.35x.
- BHARTI AIRTEL 's p/b ratio hit its five-year low in Mar2019 of 1.87x.
How does BHARTI AIRTEL 's P/B Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
| Peer Comparison (Telecommunication - Service Provider Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| BHARTI AIRTEL | 77,388.10 | 10.47 | 809,914.5 |
| INDUS TOWERS LTD | 21,097.70 | 4.45 | 93,837.7 |
| VODAFONE IDEA LTD | -74,362.90 | -0.88 | 65,606.8 |
| TATA COMMUNICATIONS LTD | 1,580.36 | 31.48 | 49,745.3 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -19,054.50 | -0.87 | 16,661.8 |
| RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 7.71 | 12,707.6 |
| HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.94 | 4,028.8 |
| MAHANAGAR TELEPHONE NIGAM LTD | -20,855.00 | -0.11 | 2,352.4 |
| RELIANCE COMMUNICATIONS LTD | -74,891.00 | -0.01 | 467.4 |
| GTL LTD | -6,231.98 | -0.03 | 163.8 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs BHARTI AIRTEL 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -0.88x |
| Max industry PB | 31.48x |
| Median industry PB | 0.94x |
| Average industry PB | 5.31x |
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