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MAHANAGAR TELEPHONE NIGAM
PB (Price/Book ) Ratio

The Current P/B Ratio of MAHANAGAR TELEPHONE NIGAM is -0.11.

Share Price ₹35.0Apr 19,2024
Market Cap ₹2,201.9 Cr
Book Value₹-20,855.0 CrMar2023 - Consolidated Results
Price/Book -0.11xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of MAHANAGAR TELEPHONE NIGAM

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 MAHANAGAR TELEPHONE NIGAM is calculated as :

Current Market Cap [ ₹2,201.9 Cr] as on Apr 19,2024

(/) Book Value [ ₹-20,855.0 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ -0.11x ]

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

Thus, for MAHANAGAR TELEPHONE NIGAM , the investors are currently willing to pay '-0.11 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 MAHANAGAR TELEPHONE NIGAM !

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

Historical PB (Price/Book ) ratio chart of MAHANAGAR TELEPHONE NIGAM


PB Ratio Performance Analysis for MAHANAGAR TELEPHONE NIGAM

- MAHANAGAR TELEPHONE NIGAM 's latest p/b ratio is -0.11x.

- MAHANAGAR TELEPHONE NIGAM 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.06x.

- MAHANAGAR TELEPHONE NIGAM 's operated at median p/b ratio of -0.07x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, MAHANAGAR TELEPHONE NIGAM 's p/b ratio peaked in Mar2020 at -0.03x.

- MAHANAGAR TELEPHONE NIGAM 's p/b ratio hit its five-year low in Mar2022 of -0.08x.


How does MAHANAGAR TELEPHONE NIGAM 's P/B Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Book ValuePB RatioMarket Cap
MAHANAGAR TELEPHONE NIGAM -20,855.00-0.112,201.9
BHARTI AIRTEL LTD77,388.1010.09781,220.0
INDUS TOWERS LTD21,097.704.4894,619.2
VODAFONE IDEA LTD-74,362.90-0.8764,754.8
TATA COMMUNICATIONS LTD1,580.3631.6550,016.1
TATA TELESERVICES (MAHARASHTRA) LTD-19,054.50-0.7714,714.7
RAILTEL CORPORATION OF INDIA LTD1,648.887.1011,699.8
HATHWAY CABLE & DATACOM LTD4,289.550.913,910.2
RELIANCE COMMUNICATIONS LTD-74,891.00-0.01467.4
GTL LTD-6,231.98-0.03160.6

Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs MAHANAGAR TELEPHONE NIGAM 's P/B Ratio

Top 10 Industry PeersPB 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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