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RAILTEL CORPORATION OF INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of RAILTEL CORPORATION OF INDIA is 7.02.

Share Price ₹360.8May 10,2024
Market Cap ₹11,578.1 Cr
Book Value₹1,648.9 CrMar2023 - Consolidated Results
Price/Book 7.02xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RAILTEL CORPORATION OF INDIA

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 RAILTEL CORPORATION OF INDIA is calculated as :

Current Market Cap [ ₹11,578.1 Cr] as on May 10,2024

(/) Book Value [ ₹1,648.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.02x ]

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

Thus, for RAILTEL CORPORATION OF INDIA , the investors are currently willing to pay '7.02 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 RAILTEL CORPORATION OF INDIA !

The chart below summarizes the trend in P/B Ratio of RAILTEL CORPORATION OF INDIA over the last five years.

Historical PB (Price/Book ) ratio chart of RAILTEL CORPORATION OF INDIA


PB Ratio Performance Analysis for RAILTEL CORPORATION OF INDIA

- RAILTEL CORPORATION OF INDIA 's latest p/b ratio is 7.02x.

- RAILTEL CORPORATION OF INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.32x.

- RAILTEL CORPORATION OF INDIA 's operated at median p/b ratio of 1.77x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAILTEL CORPORATION OF INDIA 's p/b ratio peaked in Mar2021 at 2.88x.

- RAILTEL CORPORATION OF INDIA 's p/b ratio hit its five-year low in Mar2020 of 0x.


How does RAILTEL CORPORATION OF INDIA 's P/B Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Book ValuePB RatioMarket Cap
RAILTEL CORPORATION OF INDIA 1,648.887.0211,578.1
BHARTI AIRTEL LTD77,388.1010.21790,145.0
INDUS TOWERS LTD27,038.803.2989,081.1
VODAFONE IDEA LTD-74,362.90-1.1484,633.4
TATA COMMUNICATIONS LTD1,580.3631.4049,622.8
TATA TELESERVICES (MAHARASHTRA) LTD-19,252.90-0.7714,830.1
HATHWAY CABLE & DATACOM LTD4,289.550.863,687.1
MAHANAGAR TELEPHONE NIGAM LTD-20,855.00-0.102,169.1
RELIANCE COMMUNICATIONS LTD-74,891.00-0.01420.4
GTL LTD-6,231.98-0.02150.9

Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs RAILTEL CORPORATION OF INDIA 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -1.14x
Max industry PB 31.40x
Median industry PB 0.86x
Average industry PB 5.07x



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