TATA COMMUNICATIONS
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The Current P/B Ratio of TATA COMMUNICATIONS is 31.48.
| Share Price | ₹1,745.5 | Apr 24,2024 |
| Market Cap | ₹49,745.3 Cr | |
| Book Value | ₹1,580.4 Cr | Mar2024 - Consolidated Results |
| Price/Book | 31.48x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TATA COMMUNICATIONS
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 [ ₹49,745.3 Cr] as on Apr 24,2024
(/) Book Value [ ₹1,580.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 31.48x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay '31.48 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 TATA COMMUNICATIONS !
The chart below summarizes the trend in P/B Ratio of TATA COMMUNICATIONS over the last five years.
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay '31.48 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 TATA COMMUNICATIONS !
The chart below summarizes the trend in P/B Ratio of TATA COMMUNICATIONS over the last five years.
Historical PB (Price/Book ) ratio chart of TATA COMMUNICATIONS
PB Ratio Performance Analysis for TATA COMMUNICATIONS
- TATA COMMUNICATIONS 's latest p/b ratio is 31.48x.
- TATA COMMUNICATIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 44.38x.
- TATA COMMUNICATIONS 's operated at median p/b ratio of 23.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/b ratio peaked in Mar2021 at 262.28x.
- TATA COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2019 of -96.3x.
- TATA COMMUNICATIONS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 44.38x.
- TATA COMMUNICATIONS 's operated at median p/b ratio of 23.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/b ratio peaked in Mar2021 at 262.28x.
- TATA COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2019 of -96.3x.
How does TATA COMMUNICATIONS '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 |
|---|---|---|---|
| TATA COMMUNICATIONS | 1,580.36 | 31.48 | 49,745.3 |
| BHARTI AIRTEL LTD | 77,388.10 | 10.47 | 809,920.0 |
| INDUS TOWERS LTD | 21,097.70 | 4.45 | 93,837.7 |
| VODAFONE IDEA LTD | -74,362.90 | -0.88 | 65,606.8 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -19,054.50 | -0.87 | 16,661.8 |
| RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 7.71 | 12,707.6 |
| HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.94 | 4,028.8 |
| MAHANAGAR TELEPHONE NIGAM LTD | -20,855.00 | -0.11 | 2,352.4 |
| RELIANCE COMMUNICATIONS LTD | -74,891.00 | -0.01 | 467.4 |
| GTL LTD | -6,231.98 | -0.03 | 163.8 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs TATA COMMUNICATIONS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | -0.88x |
| Max industry PB | 31.48x |
| Median industry PB | 0.94x |
| Average industry PB | 5.31x |
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