GTL
|
The Current P/B Ratio of GTL is -0.02.
Share Price | ₹8.9 | Feb 18,2025 |
Market Cap | ₹140.0 Cr | |
Book Value | ₹-6,021.4 Cr | Mar2024 - Standalone Results |
Price/Book | -0.02x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of GTL
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹140.0 Cr] as on Feb 18,2025
(/) Book Value [ ₹-6,021.4 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ -0.02x ]
Thus, for GTL , the investors are currently willing to pay '-0.02 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of GTL !
The chart below summarizes the trend in P/B Ratio of GTL over the last five years.
Historical PB (Price/Book ) ratio chart of GTL
PB Ratio Performance Analysis for GTL
- GTL 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.01x.
- GTL 's operated at median p/b ratio of -0.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, GTL 's p/b ratio peaked in Mar2020 at 0x.
- GTL 's p/b ratio hit its five-year low in Mar2022 of -0.03x.
How does GTL 's P/B Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
GTL | -6,021.35 | -0.02 | 140.0 |
BHARTI AIRTEL LTD | 81,809.90 | 12.43 | 1,016,790.0 |
INDUS TOWERS LTD | 27,023.90 | 3.29 | 88,840.1 |
VODAFONE IDEA LTD | -104,169.00 | -0.55 | 57,614.2 |
TATA COMMUNICATIONS LTD | 1,781.79 | 23.85 | 42,497.8 |
TATA TELESERVICES (MAHARASHTRA) LTD | -19,252.90 | -0.65 | 12,443.1 |
RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 5.69 | 9,382.6 |
HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.56 | 2,393.2 |
MAHANAGAR TELEPHONE NIGAM LTD | -23,644.10 | -0.12 | 2,951.6 |
RELIANCE COMMUNICATIONS LTD | -82,130.00 | -0.01 | 522.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs GTL 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.65x |
Max industry PB | 23.85x |
Median industry PB | 0.56x |
Average industry PB | 4.45x |
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