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ITI
PB (Price/Book ) Ratio

The Current P/B Ratio of ITI is 10.72.

Share Price ₹252.9Mar 28,2024
Market Cap ₹24,301.2 Cr
Book Value₹2,267.3 CrMar2023 - Consolidated Results
Price/Book 10.72xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of ITI

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

Applying the above formula, P/B ratio of ITI is calculated as :

Current Market Cap [ ₹24,301.2 Cr] as on Mar 28,2024

(/) Book Value [ ₹2,267.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 10.72x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ITI , the investors are currently willing to pay '10.72 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 ITI !

The chart below summarizes the trend in P/B Ratio of ITI over the last five years.

Historical PB (Price/Book ) ratio chart of ITI


PB Ratio Performance Analysis for ITI

- ITI 's latest p/b ratio is 10.72x.

- ITI 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.24x.

- ITI 's operated at median p/b ratio of 3.56x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ITI 's p/b ratio peaked in Mar2021 at 4.4x.

- ITI 's p/b ratio hit its five-year low in Mar2019 of -15.42x.


How does ITI 's P/B Ratio benchmark against top 10 peers in Telecommunication - Equipment Industry?

Peer Comparison (Telecommunication - Equipment Industry)Book ValuePB RatioMarket Cap
ITI 2,267.3310.7224,301.2
BLACK BOX LTD294.8312.853,789.0
AVANTEL LTD107.4822.412,408.4
ADC INDIA COMMUNICATIONS LTD51.987.83406.8
VALIANT COMMUNICATIONS LTD32.948.46278.6
FROG CELLSAT LTD116.552.18254.2
QUADRANT TELEVENTURES LTD-2,385.10-0.05119.4

Telecommunication - Equipment Industry Benchmark (Top 10) PB Analysis vs ITI 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -0.05x
Max industry PB 22.41x
Median industry PB 8.46x
Average industry PB 9.20x



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