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TATA COMMUNICATIONS
PE (Price/Earnings) Ratio

The Current P/E Ratio of TATA COMMUNICATIONS is 29.96.

Share Price ₹1,614.5May 15,2025
Market Cap ₹46,011.8 Cr
Earnings-TTM₹1,535.6 CrTTM-Consolidated Results
Price/Earnings29.96xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of TATA COMMUNICATIONS

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 TATA COMMUNICATIONS is calculated as :

Current Market Cap [ ₹46,011.8 Cr] as on May 15,2025

(/) Earnings [ ₹1,535.6 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 29.96x ]

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

Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay 29.96 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 latest p/e ratio is 29.96x.

- TATA COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 25.35x.

- TATA COMMUNICATIONS 's operated at median p/e ratio of 23.62x 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 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 RatioMarket Cap
TATA COMMUNICATIONS 1,535.5629.9646,011.8
BHARTI AIRTEL LTD33,778.3033.681,137,700.0
INDUS TOWERS LTD9,931.7010.54104,682.0
BHARTI HEXACOM LTD1,493.6056.4584,312.5
VODAFONE IDEA LTD-27,889.10-2.8178,332.0
TATA TELESERVICES (MAHARASHTRA) LTD-1,275.32-9.0911,592.7
RAILTEL CORPORATION OF INDIA LTD299.8138.7511,618.0
MAHANAGAR TELEPHONE NIGAM LTD-3,284.97-0.822,687.6
HATHWAY CABLE & DATACOM LTD76.0834.552,628.6
RELIANCE COMMUNICATIONS LTD-145.00-3.03439.7
GTL LTD-8.38-16.40137.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -16.40x
Max industry PE 56.45x
Median industry PE 10.54x
Average industry PE 15.62x



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