RAILTEL CORPORATION OF INDIA
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The Current P/B Ratio of RAILTEL CORPORATION OF INDIA is 8.79.
Share Price | ₹451.6 | Dec 11,2024 |
Market Cap | ₹14,490.2 Cr | |
Book Value | ₹1,648.9 Cr | Mar2023 - Consolidated Results |
Price/Book | 8.79x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAILTEL CORPORATION OF INDIA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹14,490.2 Cr] as on Dec 11,2024
(/) Book Value [ ₹1,648.9 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 8.79x ]
Thus, for RAILTEL CORPORATION OF INDIA , the investors are currently willing to pay '8.79 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 RAILTEL CORPORATION OF INDIA !
The chart below summarizes the trend in P/B Ratio of RAILTEL CORPORATION OF INDIA over the last five years.
Historical PB (Price/Book ) ratio chart of RAILTEL CORPORATION OF INDIA
PB Ratio Performance Analysis for RAILTEL CORPORATION OF INDIA
- RAILTEL CORPORATION OF INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.32x.
- RAILTEL CORPORATION OF INDIA 's operated at median p/b ratio of 1.77x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAILTEL CORPORATION OF INDIA 's p/b ratio peaked in Mar2021 at 2.88x.
- RAILTEL CORPORATION OF INDIA 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does RAILTEL CORPORATION OF INDIA '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 |
---|---|---|---|
RAILTEL CORPORATION OF INDIA | 1,648.88 | 8.79 | 14,490.2 |
BHARTI AIRTEL LTD | 81,809.90 | 11.80 | 965,356.0 |
INDUS TOWERS LTD | 27,023.90 | 3.51 | 94,855.1 |
VODAFONE IDEA LTD | -104,169.00 | -0.54 | 55,968.9 |
TATA COMMUNICATIONS LTD | 1,781.79 | 29.43 | 52,438.6 |
TATA TELESERVICES (MAHARASHTRA) LTD | -19,252.90 | -0.82 | 15,809.5 |
HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.74 | 3,182.7 |
MAHANAGAR TELEPHONE NIGAM LTD | -23,644.10 | -0.15 | 3,429.7 |
RELIANCE COMMUNICATIONS LTD | -82,130.00 | -0.01 | 641.6 |
GTL LTD | -6,021.35 | -0.04 | 217.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs RAILTEL CORPORATION OF INDIA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.82x |
Max industry PB | 29.43x |
Median industry PB | 0.74x |
Average industry PB | 5.27x |
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