TATA COMMUNICATIONS
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The Current P/B Ratio of TATA COMMUNICATIONS is 16.42.
| Share Price | ₹1,941.3 | Jun 18,2026 |
| Market Cap | ₹55,325.6 Cr | |
| Book Value | ₹3,369.1 Cr | Mar2026 - Consolidated Results |
| Price/Book | 16.42x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TATA COMMUNICATIONS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹55,325.6 Cr] as on Jun 18,2026
(/) Book Value [ ₹3,369.1 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 16.42x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay '16.42 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 p/b ratio for fiscal years ending Mar2026 to Mar2022 averaged 23.94x.
- 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 Mar2022 at 37.73x.
- TATA COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2026 of 11.4x.
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 | 3,369.05 | 16.42 | 55,325.6 |
| BHARTI AIRTEL LTD | 149,057.00 | 7.67 | 1,142,580.0 |
| VODAFONE IDEA LTD | -35,758.00 | -4.55 | 162,731.0 |
| INDUS TOWERS LTD | 39,645.60 | 2.76 | 109,260.0 |
| BHARTI HEXACOM LTD | 7,165.20 | 10.03 | 71,877.5 |
| RAILTEL CORPORATION OF INDIA LTD | 2,261.61 | 4.58 | 10,366.3 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -19,983.40 | -0.44 | 8,785.5 |
| MAHANAGAR TELEPHONE NIGAM LTD | -29,959.70 | -0.07 | 2,017.9 |
| HATHWAY CABLE & DATACOM LTD | 4,465.10 | 0.46 | 2,055.1 |
| RELIANCE COMMUNICATIONS LTD | -91,490.00 | 0.00 | 260.0 |
| GTL LTD | -5,446.05 | -0.02 | 129.0 |
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 | -4.55x |
| Max industry PB | 16.42x |
| Median industry PB | 0.46x |
| Average industry PB | 3.35x |
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