GTL
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The Current P/B Ratio of GTL is -0.03.
| Share Price | ₹10.2 | Apr 19,2024 |
| Market Cap | ₹160.6 Cr | |
| Book Value | ₹-6,232.0 Cr | Mar2023 - Standalone Results |
| Price/Book | -0.03x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of GTL
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 [ ₹160.6 Cr] as on Apr 19,2024
(/) Book Value [ ₹-6,232.0 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ -0.03x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for GTL , the investors are currently willing to pay '-0.03 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 GTL !
The chart below summarizes the trend in P/B Ratio of GTL over the last five years.
Thus, for GTL , the investors are currently willing to pay '-0.03 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 GTL !
The chart below summarizes the trend in P/B Ratio of GTL over the last five years.
Historical PB (Price/Book ) ratio chart of GTL
PB Ratio Performance Analysis for GTL
- GTL 's latest p/b ratio is -0.03x.
- GTL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.01x.
- GTL 's operated at median p/b ratio of -0.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GTL 's p/b ratio peaked in Mar2020 at 0x.
- GTL 's p/b ratio hit its five-year low in Mar2022 of -0.03x.
- GTL 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.01x.
- GTL 's operated at median p/b ratio of -0.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GTL 's p/b ratio peaked in Mar2020 at 0x.
- GTL 's p/b ratio hit its five-year low in Mar2022 of -0.03x.
How does GTL '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 |
|---|---|---|---|
| GTL | -6,231.98 | -0.03 | 160.6 |
| BHARTI AIRTEL LTD | 77,388.10 | 10.09 | 781,220.0 |
| INDUS TOWERS LTD | 21,097.70 | 4.48 | 94,619.2 |
| VODAFONE IDEA LTD | -74,362.90 | -0.87 | 64,754.8 |
| TATA COMMUNICATIONS LTD | 1,580.36 | 31.65 | 50,016.1 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -19,054.50 | -0.77 | 14,714.7 |
| RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 7.10 | 11,699.8 |
| HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.91 | 3,910.2 |
| MAHANAGAR TELEPHONE NIGAM LTD | -20,855.00 | -0.11 | 2,201.9 |
| RELIANCE COMMUNICATIONS LTD | -74,891.00 | -0.01 | 467.4 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs GTL 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -0.87x |
| Max industry PB | 31.65x |
| Median industry PB | 0.91x |
| Average industry PB | 5.25x |
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