GTL
|
The Current P/B Ratio of GTL is -0.02.
| Share Price | ₹7.6 | May 21,2026 |
| Market Cap | ₹119.7 Cr | |
| Book Value | ₹-5,446.1 Cr | Mar2026 - Standalone Results |
| Price/Book | -0.02x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of GTL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹119.7 Cr] as on May 21,2026
(/) Book Value [ ₹-5,446.1 Cr] based on Mar2026 - Standalone Results
(=) P/B Ratio [ -0.02x ]
Thus, for GTL , the investors are currently willing to pay '-0.02 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 p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged -0.02x.
- GTL 's operated at median p/b ratio of -0.02x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GTL 's p/b ratio peaked in Mar2023 at -0.01x.
- 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 | -5,446.05 | -0.02 | 119.7 |
| BHARTI AIRTEL LTD | 149,057.00 | 7.71 | 1,148,950.0 |
| VODAFONE IDEA LTD | -35,758.00 | -4.13 | 147,563.0 |
| INDUS TOWERS LTD | 39,645.60 | 2.87 | 113,758.0 |
| BHARTI HEXACOM LTD | 7,165.20 | 10.95 | 78,462.5 |
| TATA COMMUNICATIONS LTD | 3,240.98 | 16.65 | 53,953.4 |
| RAILTEL CORPORATION OF INDIA LTD | 2,261.61 | 4.55 | 10,297.3 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -19,983.40 | -0.41 | 8,255.7 |
| MAHANAGAR TELEPHONE NIGAM LTD | -26,919.00 | -0.07 | 1,818.8 |
| HATHWAY CABLE & DATACOM LTD | 4,465.10 | 0.40 | 1,802.0 |
| RELIANCE COMMUNICATIONS LTD | -91,490.00 | 0.00 | 251.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs GTL 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -4.13x |
| Max industry PB | 16.65x |
| Median industry PB | 0.40x |
| Average industry PB | 3.50x |
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