TATA COMMUNICATIONS
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The Current P/E Ratio of TATA COMMUNICATIONS is 45.65.
| Share Price | ₹1,716.6 | Nov 08,2026 |
| Market Cap | ₹48,940.3 Cr | |
| Earnings-TTM | ₹1,072.2 Cr | TTM-Consolidated Results |
| Price/Earnings | 45.65x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
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 [ ₹48,940.3 Cr] as on Nov 08,2026
(/) Earnings [ ₹1,072.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 45.65x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay 45.65 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 Mar2026 to Mar2022 averaged 33.08x.
- TATA COMMUNICATIONS 's operated at median p/e ratio of 24.49x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/e ratio peaked in Mar2024 at 59.19x.
- TATA COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2023 of 19.75x.
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 | 1,072.17 | 45.65 | 48,940.3 |
| BHARTI AIRTEL LTD | 38,053.50 | 34.17 | 1,300,190.0 |
| VODAFONE IDEA LTD | 37,405.80 | 3.71 | 138,787.0 |
| INDUS TOWERS LTD | 7,107.40 | 14.20 | 100,923.0 |
| BHARTI HEXACOM LTD | 1,968.90 | 43.42 | 85,485.0 |
| RAILTEL CORPORATION OF INDIA LTD | 338.49 | 23.05 | 7,803.6 |
| TATA TELESERVICES (MAHARASHTRA) LTD | 299.15 | 27.16 | 8,124.7 |
| MAHANAGAR TELEPHONE NIGAM LTD | -3,007.67 | -0.58 | 1,731.2 |
| HATHWAY CABLE & DATACOM LTD | 69.14 | 24.19 | 1,672.8 |
| RELIANCE COMMUNICATIONS LTD | -8.00 | -29.73 | 237.8 |
| GTL LTD | 1,127.61 | 0.10 | 109.6 |
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 | -29.73x |
| Max industry PE | 45.65x |
| Median industry PE | 23.05x |
| Average industry PE | 16.85x |
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