MAHANAGAR TELEPHONE NIGAM
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The Current P/B Ratio of MAHANAGAR TELEPHONE NIGAM is -0.15.
Share Price | ₹55.0 | Dec 17,2024 |
Market Cap | ₹3,465.0 Cr | |
Book Value | ₹-23,644.1 Cr | Mar2024 - Consolidated Results |
Price/Book | -0.15x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MAHANAGAR TELEPHONE NIGAM
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,465.0 Cr] as on Dec 17,2024
(/) Book Value [ ₹-23,644.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -0.15x ]
Thus, for MAHANAGAR TELEPHONE NIGAM , the investors are currently willing to pay '-0.15 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 MAHANAGAR TELEPHONE NIGAM !
The chart below summarizes the trend in P/B Ratio of MAHANAGAR TELEPHONE NIGAM over the last five years.
Historical PB (Price/Book ) ratio chart of MAHANAGAR TELEPHONE NIGAM
PB Ratio Performance Analysis for MAHANAGAR TELEPHONE NIGAM
- MAHANAGAR TELEPHONE NIGAM 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.06x.
- MAHANAGAR TELEPHONE NIGAM 's operated at median p/b ratio of -0.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MAHANAGAR TELEPHONE NIGAM 's p/b ratio peaked in Mar2020 at -0.03x.
- MAHANAGAR TELEPHONE NIGAM 's p/b ratio hit its five-year low in Mar2024 of -0.09x.
How does MAHANAGAR TELEPHONE NIGAM '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 |
---|---|---|---|
MAHANAGAR TELEPHONE NIGAM | -23,644.10 | -0.15 | 3,465.0 |
BHARTI AIRTEL LTD | 81,809.90 | 12.02 | 983,414.0 |
INDUS TOWERS LTD | 27,023.90 | 3.37 | 91,095.8 |
VODAFONE IDEA LTD | -104,169.00 | -0.52 | 54,505.3 |
TATA COMMUNICATIONS LTD | 1,781.79 | 28.96 | 51,602.1 |
TATA TELESERVICES (MAHARASHTRA) LTD | -19,252.90 | -0.82 | 15,795.8 |
RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 8.49 | 14,000.9 |
HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.72 | 3,106.5 |
RELIANCE COMMUNICATIONS LTD | -82,130.00 | -0.01 | 611.2 |
GTL LTD | -6,021.35 | -0.04 | 213.8 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs MAHANAGAR TELEPHONE NIGAM 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.82x |
Max industry PB | 28.96x |
Median industry PB | 0.72x |
Average industry PB | 5.20x |
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