TATA COMMUNICATIONS
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The Current P/E Ratio of TATA COMMUNICATIONS is 51.57.
Share Price | ₹1,718.4 | May 07,2024 |
Market Cap | ₹48,974.4 Cr | |
Earnings-TTM | ₹949.6 Cr | TTM-Consolidated Results |
Price/Earnings | 51.57x | Calculated as Market Cap/Earnings |
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Definition & Calculation of PE (Price/Earnings) ratio of TATA COMMUNICATIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹48,974.4 Cr] as on May 07,2024
(/) Earnings [ ₹949.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 51.57x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay 51.57 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 TATA COMMUNICATIONS !
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 TATA COMMUNICATIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA COMMUNICATIONS
PE Ratio Performance Analysis for TATA COMMUNICATIONS
- TATA COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2023 to Mar2019 averaged 13.52x.
- TATA COMMUNICATIONS 's operated at median p/e ratio of 19.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/e ratio peaked in Mar2021 at 24.21x.
- TATA COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does TATA COMMUNICATIONS '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 |
---|---|---|---|
TATA COMMUNICATIONS | 949.59 | 51.57 | 48,974.4 |
BHARTI AIRTEL LTD | 8,235.70 | 94.63 | 779,378.0 |
INDUS TOWERS LTD | 6,036.20 | 15.09 | 91,075.4 |
VODAFONE IDEA LTD | -29,979.80 | -2.75 | 82,306.5 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,228.44 | -12.29 | 15,094.0 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 58.08 | 11,711.0 |
HATHWAY CABLE & DATACOM LTD | 62.93 | 59.13 | 3,720.8 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,234.44 | -0.70 | 2,264.9 |
RELIANCE COMMUNICATIONS LTD | -60.00 | -7.19 | 431.4 |
GTL LTD | 91.30 | 1.66 | 151.3 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs TATA COMMUNICATIONS 's P/E Ratio
Top 10 Industry Peers | PE 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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