TATA COMMUNICATIONS
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The Current P/E Ratio of TATA COMMUNICATIONS is 54.52.
Share Price | ₹1,739.1 | Nov 22,2024 |
Market Cap | ₹49,562.9 Cr | |
Earnings-TTM | ₹909.1 Cr | TTM-Consolidated Results |
Price/Earnings | 54.52x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of TATA COMMUNICATIONS
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹49,562.9 Cr] as on Nov 22,2024
(/) Earnings [ ₹909.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 54.52x ]
Thus, for TATA COMMUNICATIONS , the investors are currently willing to pay 54.52 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of TATA COMMUNICATIONS !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of TATA COMMUNICATIONS over the last five years.
Historical PE (Price/Earnings) ratio chart of TATA COMMUNICATIONS
PE Ratio Performance Analysis for TATA COMMUNICATIONS
- TATA COMMUNICATIONS 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 25.35x.
- TATA COMMUNICATIONS 's operated at median p/e ratio of 23.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA COMMUNICATIONS 's p/e ratio peaked in Mar2024 at 59.19x.
- TATA COMMUNICATIONS 's p/e ratio hit its five-year low in Mar2020 of 0x.
How does TATA COMMUNICATIONS 's P/E Ratio benchmark against top 10 peers in Telecommunication - Service Provider Industry?
Peer Comparison (Telecommunication - Service Provider Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
TATA COMMUNICATIONS | 909.14 | 54.52 | 49,562.9 |
BHARTI AIRTEL LTD | 10,296.40 | 92.82 | 955,662.0 |
INDUS TOWERS LTD | 7,543.00 | 11.55 | 87,085.8 |
VODAFONE IDEA LTD | -28,264.60 | -1.64 | 46,489.8 |
TATA TELESERVICES (MAHARASHTRA) LTD | -1,270.82 | -10.28 | 13,066.7 |
RAILTEL CORPORATION OF INDIA LTD | 201.62 | 58.08 | 11,711.0 |
HATHWAY CABLE & DATACOM LTD | 78.76 | 40.79 | 3,212.7 |
MAHANAGAR TELEPHONE NIGAM LTD | -3,288.34 | -0.82 | 2,709.6 |
RELIANCE COMMUNICATIONS LTD | -123.00 | -4.34 | 533.8 |
GTL LTD | 162.25 | 1.15 | 186.7 |
Telecommunication - Service Provider Industry Benchmark (Top 10) PE Analysis vs TATA COMMUNICATIONS 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -10.28x |
Max industry PE | 92.82x |
Median industry PE | 11.55x |
Average industry PE | 24.18x |
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