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INDUS TOWERS
PE (Price/Earnings) Ratio

The Current P/E Ratio of INDUS TOWERS is 15.09.

Share Price ₹338.0May 07,2024
Market Cap ₹91,074.1 Cr
Earnings-TTM₹6,036.2 CrTTM-Consolidated Results
Price/Earnings15.09xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of INDUS TOWERS

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of INDUS TOWERS is calculated as :

Current Market Cap [ ₹91,074.1 Cr] as on May 07,2024

(/) Earnings [ ₹6,036.2 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 15.09x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for INDUS TOWERS , the investors are currently willing to pay 15.09 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 latest p/e ratio is 15.09x.

- 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 RatioMarket Cap
INDUS TOWERS 6,036.2015.0991,074.1
BHARTI AIRTEL LTD8,235.7094.63779,378.0
VODAFONE IDEA LTD-29,979.80-2.7582,306.5
TATA COMMUNICATIONS LTD949.5951.5748,974.4
TATA TELESERVICES (MAHARASHTRA) LTD-1,228.44-12.2915,094.0
RAILTEL CORPORATION OF INDIA LTD201.6258.0811,711.0
HATHWAY CABLE & DATACOM LTD62.9359.133,720.8
MAHANAGAR TELEPHONE NIGAM LTD-3,234.44-0.702,264.9
RELIANCE COMMUNICATIONS LTD-60.00-7.19431.4
GTL LTD91.301.66151.3

Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs INDUS TOWERS 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -12.29x
Max industry PE 94.63x
Median industry PE 15.09x
Average industry PE 25.72x



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