VODAFONE IDEA
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The Current P/B Ratio of VODAFONE IDEA is -0.48.
Share Price | ₹7.1 | Nov 19,2024 |
Market Cap | ₹49,556.6 Cr | |
Book Value | ₹-104,169.0 Cr | Mar2024 - Consolidated Results |
Price/Book | -0.48x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of VODAFONE IDEA
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹49,556.6 Cr] as on Nov 19,2024
(/) Book Value [ ₹-104,169.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ -0.48x ]
Thus, for VODAFONE IDEA , the investors are currently willing to pay '-0.48 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 VODAFONE IDEA !
The chart below summarizes the trend in P/B Ratio of VODAFONE IDEA over the last five years.
Historical PB (Price/Book ) ratio chart of VODAFONE IDEA
PB Ratio Performance Analysis for VODAFONE IDEA
- VODAFONE IDEA 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged -0.14x.
- VODAFONE IDEA 's operated at median p/b ratio of -0.5x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, VODAFONE IDEA 's p/b ratio peaked in Mar2020 at 1.51x.
- VODAFONE IDEA 's p/b ratio hit its five-year low in Mar2021 of -0.69x.
How does VODAFONE IDEA '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 |
---|---|---|---|
VODAFONE IDEA | -104,169.00 | -0.48 | 49,556.6 |
BHARTI AIRTEL LTD | 81,809.90 | 11.35 | 928,181.0 |
INDUS TOWERS LTD | 27,023.90 | 3.21 | 86,835.1 |
TATA COMMUNICATIONS LTD | 1,781.79 | 27.36 | 48,746.4 |
TATA TELESERVICES (MAHARASHTRA) LTD | -19,252.90 | -0.68 | 13,035.5 |
RAILTEL CORPORATION OF INDIA LTD | 1,648.88 | 7.10 | 11,701.4 |
HATHWAY CABLE & DATACOM LTD | 4,289.55 | 0.75 | 3,205.7 |
MAHANAGAR TELEPHONE NIGAM LTD | -23,644.10 | -0.11 | 2,680.0 |
RELIANCE COMMUNICATIONS LTD | -82,130.00 | -0.01 | 533.8 |
GTL LTD | -6,021.35 | -0.03 | 185.5 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PB Analysis vs VODAFONE IDEA 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -0.68x |
Max industry PB | 27.36x |
Median industry PB | 0.75x |
Average industry PB | 4.85x |
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