TATA COMMUNICATIONS
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The Current P/E Ratio of TATA COMMUNICATIONS is 26.88.
| Share Price | ₹1,408.3 | Mar 24,2026 |
| Market Cap | ₹40,135.1 Cr | |
| Earnings-TTM | ₹1,493.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.88x | 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 [ ₹40,135.1 Cr] as on Mar 24,2026
(/) Earnings [ ₹1,493.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.88x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay 26.88 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 | 1,493.30 | 26.88 | 40,135.1 |
| BHARTI AIRTEL LTD | 36,713.40 | 29.94 | 1,099,180.0 |
| INDUS TOWERS LTD | 7,131.10 | 15.88 | 113,243.0 |
| BHARTI HEXACOM LTD | 1,754.90 | 45.09 | 79,122.5 |
| VODAFONE IDEA LTD | -24,586.40 | -3.92 | 96,317.0 |
| TATA TELESERVICES (MAHARASHTRA) LTD | -1,102.65 | -6.13 | 6,754.3 |
| RAILTEL CORPORATION OF INDIA LTD | 318.02 | 26.46 | 8,413.4 |
| MAHANAGAR TELEPHONE NIGAM LTD | -3,630.19 | -0.41 | 1,506.3 |
| HATHWAY CABLE & DATACOM LTD | 89.94 | 18.52 | 1,665.7 |
| RELIANCE COMMUNICATIONS LTD | -267.00 | -0.89 | 237.8 |
| GTL LTD | -15.29 | -6.23 | 95.3 |
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 | -6.23x |
| Max industry PE | 45.09x |
| Median industry PE | 15.88x |
| Average industry PE | 13.20x |
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