Home > PB Ratio > TATA TELESERVICES (MAHARASHTRA)

TATA TELESERVICES (MAHARASHTRA)
PB (Price/Book ) Ratio

The Current P/B Ratio of TATA TELESERVICES (MAHARASHTRA) is -0.85.

Share Price ₹83.6Apr 25,2024
Market Cap ₹16,333.2 Cr
Book Value₹-19,252.9 CrMar2024 - Standalone Results
Price/Book -0.85xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for TATA TELESERVICES (MAHARASHTRA)
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of TATA TELESERVICES (MAHARASHTRA)

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 TATA TELESERVICES (MAHARASHTRA) is calculated as :

Current Market Cap [ ₹16,333.2 Cr] as on Apr 25,2024

(/) Book Value [ ₹-19,252.9 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ -0.85x ]

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

Thus, for TATA TELESERVICES (MAHARASHTRA) , the investors are currently willing to pay '-0.85 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 TELESERVICES (MAHARASHTRA) !

The chart below summarizes the trend in P/B Ratio of TATA TELESERVICES (MAHARASHTRA) over the last five years.

Historical PB (Price/Book ) ratio chart of TATA TELESERVICES (MAHARASHTRA)


PB Ratio Performance Analysis for TATA TELESERVICES (MAHARASHTRA)

- TATA TELESERVICES (MAHARASHTRA) 's latest p/b ratio is -0.85x.

- TATA TELESERVICES (MAHARASHTRA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged -0.50x.

- TATA TELESERVICES (MAHARASHTRA) 's operated at median p/b ratio of -0.15x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, TATA TELESERVICES (MAHARASHTRA) 's p/b ratio peaked in Mar2020 at -0.02x.

- TATA TELESERVICES (MAHARASHTRA) 's p/b ratio hit its five-year low in Mar2022 of -1.73x.


How does TATA TELESERVICES (MAHARASHTRA) 's P/B Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?

Peer Comparison (Telecommunication - Service Provider Industry)Book ValuePB RatioMarket Cap
TATA TELESERVICES (MAHARASHTRA) -19,252.90-0.8516,333.2
BHARTI AIRTEL LTD77,388.1010.46809,738.0
INDUS TOWERS LTD21,097.704.4994,754.0
VODAFONE IDEA LTD-74,362.90-1.2492,345.5
TATA COMMUNICATIONS LTD1,580.3631.4349,665.5
RAILTEL CORPORATION OF INDIA LTD1,648.887.7112,709.2
HATHWAY CABLE & DATACOM LTD4,289.550.923,959.7
MAHANAGAR TELEPHONE NIGAM LTD-20,855.00-0.112,359.4
RELIANCE COMMUNICATIONS LTD-74,891.00-0.01461.8
GTL LTD-6,231.98-0.03166.9

Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs TATA TELESERVICES (MAHARASHTRA) 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB -1.24x
Max industry PB 31.43x
Median industry PB 0.92x
Average industry PB 5.28x



You may also like the below Video Courses