TATA COMMUNICATIONS
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The Current P/E Ratio of TATA COMMUNICATIONS is 37.66.
| Share Price | ₹1,824.7 | Dec 31,2025 |
| Market Cap | ₹52,002.5 Cr | |
| Earnings-TTM | ₹1,380.7 Cr | TTM-Consolidated Results |
| Price/Earnings | 37.66x | 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 [ ₹52,002.5 Cr] as on Dec 31,2025
(/) Earnings [ ₹1,380.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 37.66x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay 37.66 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 Mar2025 to Mar2021 averaged 30.25x.
- TATA COMMUNICATIONS 's operated at median p/e ratio of 24.21x 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 | 1,380.71 | 37.66 | 52,002.5 |
| BHARTI AIRTEL LTD | 42,801.80 | 29.98 | 1,283,300.0 |
| INDUS TOWERS LTD | 9,358.40 | 11.80 | 110,394.0 |
| BHARTI HEXACOM LTD | 1,542.10 | 59.04 | 91,040.0 |
| VODAFONE IDEA LTD | -25,909.70 | -4.50 | 116,577.0 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -1,267.33 | -7.65 | 9,694.5 |
| RAILTEL CORPORATION OF INDIA LTD | 320.67 | 37.19 | 11,924.5 |
| MAHANAGAR TELEPHONE NIGAM LTD | -3,568.66 | -0.64 | 2,267.4 |
| HATHWAY CABLE & DATACOM LTD | 83.08 | 26.55 | 2,205.6 |
| RELIANCE COMMUNICATIONS LTD | -255.00 | -1.20 | 307.0 |
| GTL LTD | -54.49 | -2.32 | 126.5 |
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 | -7.65x |
| Max industry PE | 59.04x |
| Median industry PE | 11.80x |
| Average industry PE | 16.90x |
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