ITI
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The Current P/B Ratio of ITI is 10.72.
Share Price | ₹252.9 | Mar 28,2024 |
Market Cap | ₹24,301.2 Cr | |
Book Value | ₹2,267.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 10.72x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ITI
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
ITI | 2,267.33 | 10.72 | 24,301.2 |
BLACK BOX LTD | 294.83 | 12.85 | 3,789.0 |
AVANTEL LTD | 107.48 | 22.41 | 2,408.4 |
ADC INDIA COMMUNICATIONS LTD | 51.98 | 7.83 | 406.8 |
VALIANT COMMUNICATIONS LTD | 32.94 | 8.46 | 278.6 |
FROG CELLSAT LTD | 116.55 | 2.18 | 254.2 |
QUADRANT TELEVENTURES LTD | -2,385.10 | -0.05 | 119.4 |
Telecommunication - Equipment Industry Benchmark (Top 10) PB Analysis vs ITI 's P/B Ratio
Top 10 Industry Peers | PB 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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