RELIANCE COMMUNICATIONS
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The Current P/B Ratio of RELIANCE COMMUNICATIONS is -0.01.
Share Price | ₹1.9 | Nov 18,2024 |
Market Cap | ₹533.7 Cr | |
Book Value | ₹-82,130.0 Cr | Mar2024 - Consolidated Results |
Price/Book | -0.01x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of RELIANCE COMMUNICATIONS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹533.7 Cr] as on Nov 18,2024
(/) Book Value [ ₹-82,130.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -0.01x ]
Thus, for RELIANCE COMMUNICATIONS , the investors are currently willing to pay '-0.01 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 RELIANCE COMMUNICATIONS !
The chart below summarizes the trend in P/B Ratio of RELIANCE COMMUNICATIONS over the last five years.
Historical PB (Price/Book ) ratio chart of RELIANCE COMMUNICATIONS
PB Ratio Performance Analysis for RELIANCE COMMUNICATIONS
- RELIANCE COMMUNICATIONS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.01x.
- RELIANCE COMMUNICATIONS '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, RELIANCE COMMUNICATIONS 's p/b ratio peaked in Mar2023 at 0x.
- RELIANCE COMMUNICATIONS 's p/b ratio hit its five-year low in Mar2024 of -0.01x.
How does RELIANCE COMMUNICATIONS '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 |
---|---|---|---|
RELIANCE COMMUNICATIONS | -82,130.00 | -0.01 | 533.7 |
BHARTI AIRTEL LTD | 81,809.90 | 11.68 | 955,662.0 |
INDUS TOWERS LTD | 27,023.90 | 3.22 | 87,085.8 |
VODAFONE IDEA LTD | -104,169.00 | -0.45 | 46,489.8 |
TATA COMMUNICATIONS LTD | 1,781.79 | 27.82 | 49,562.9 |
TATA TELESERVICES (MAHARASHTRA) LTD | -19,252.90 | -0.68 | 13,066.7 |
RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 7.10 | 11,711.0 |
HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.75 | 3,212.7 |
MAHANAGAR TELEPHONE NIGAM LTD | -23,644.10 | -0.11 | 2,709.6 |
GTL LTD | -6,021.35 | -0.03 | 186.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs RELIANCE COMMUNICATIONS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.68x |
Max industry PB | 27.82x |
Median industry PB | 0.75x |
Average industry PB | 4.93x |
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