INDUS TOWERS
|
The Current P/B Ratio of INDUS TOWERS is 4.49.
| Share Price | ₹351.6 | Apr 25,2024 |
| Market Cap | ₹94,752.7 Cr | |
| Book Value | ₹21,097.7 Cr | Mar2023 - Consolidated Results |
| Price/Book | 4.49x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of INDUS TOWERS
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 [ ₹94,752.7 Cr] as on Apr 25,2024
(/) Book Value [ ₹21,097.7 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.49x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for INDUS TOWERS , the investors are currently willing to pay '4.49 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 INDUS TOWERS !
The chart below summarizes the trend in P/B Ratio of INDUS TOWERS over the last five years.
Thus, for INDUS TOWERS , the investors are currently willing to pay '4.49 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 INDUS TOWERS !
The chart below summarizes the trend in P/B Ratio of INDUS TOWERS over the last five years.
Historical PB (Price/Book ) ratio chart of INDUS TOWERS
PB Ratio Performance Analysis for INDUS TOWERS
- INDUS TOWERS 's latest p/b ratio is 4.49x.
- INDUS TOWERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.97x.
- INDUS TOWERS 's operated at median p/b ratio of 2.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDUS TOWERS 's p/b ratio peaked in Mar2021 at 4.16x.
- INDUS TOWERS 's p/b ratio hit its five-year low in Mar2023 of 1.83x.
- INDUS TOWERS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 2.97x.
- INDUS TOWERS 's operated at median p/b ratio of 2.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDUS TOWERS 's p/b ratio peaked in Mar2021 at 4.16x.
- INDUS TOWERS 's p/b ratio hit its five-year low in Mar2023 of 1.83x.
How does INDUS TOWERS '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 |
|---|---|---|---|
| INDUS TOWERS | 21,097.70 | 4.49 | 94,752.7 |
| BHARTI AIRTEL LTD | 77,388.10 | 10.46 | 809,738.0 |
| VODAFONE IDEA LTD | -74,362.90 | -1.24 | 92,345.5 |
| TATA COMMUNICATIONS LTD | 1,580.36 | 31.43 | 49,665.5 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -19,252.90 | -0.85 | 16,333.4 |
| RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 7.71 | 12,709.2 |
| HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.92 | 3,959.7 |
| MAHANAGAR TELEPHONE NIGAM LTD | -20,855.00 | -0.11 | 2,359.4 |
| RELIANCE COMMUNICATIONS LTD | -74,891.00 | -0.01 | 461.8 |
| GTL LTD | -6,231.98 | -0.03 | 166.9 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs INDUS TOWERS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -1.24x |
| Max industry PB | 31.43x |
| Median industry PB | 0.92x |
| Average industry PB | 5.28x |
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