INDUS TOWERS
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The Current P/E Ratio of INDUS TOWERS is 14.06.
Share Price | ₹291.2 | Mar 28,2024 |
Market Cap | ₹78,462.0 Cr | |
Earnings-TTM | ₹5,582.2 Cr | TTM-Consolidated Results |
Price/Earnings | 14.06x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of INDUS TOWERS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹78,462.0 Cr] as on Mar 28,2024
(/) Earnings [ ₹5,582.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 14.06x ]
Thus, for INDUS TOWERS , the investors are currently willing to pay 14.06 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of INDUS TOWERS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of INDUS TOWERS over the last five years.
Historical PE (Price/Earnings) ratio chart of INDUS TOWERS
PE Ratio Performance Analysis for INDUS TOWERS
- INDUS TOWERS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 15.60x.
- INDUS TOWERS 's operated at median p/e ratio of 17.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INDUS TOWERS 's p/e ratio peaked in Mar2019 at 23.25x.
- INDUS TOWERS 's p/e ratio hit its five-year low in Mar2020 of 8.98x.
How does INDUS TOWERS 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
INDUS TOWERS | 5,582.20 | 14.06 | 78,462.0 |
BHARTI AIRTEL LTD | 8,235.70 | 90.25 | 743,253.0 |
VODAFONE IDEA LTD | -29,979.80 | -2.15 | 64,452.1 |
TATA COMMUNICATIONS LTD | 951.26 | 60.26 | 57,320.6 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,196.17 | -12.09 | 14,458.7 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 57.89 | 11,672.5 |
HATHWAY CABLE & DATACOM LTD | 24.57 | 141.28 | 3,471.2 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,234.44 | -0.64 | 2,074.0 |
RELIANCE COMMUNICATIONS LTD | -60.00 | -8.39 | 503.3 |
GTL LTD | 91.30 | 1.62 | 147.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs INDUS TOWERS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -12.09x |
Max industry PE | 141.28x |
Median industry PE | 14.06x |
Average industry PE | 34.21x |
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