Bharti Airtel P/B Ratio
Bharti Airtel (BHARTIARTL) P/B ratio is 6.34 (High), book value per share ₹643.13 vs Telecom average P/B of 3.68 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Bharti Airtel share price today.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
BHARTIARTL P/B Ratio — Valuation Insights & Book Value Analysis
Bharti Airtel price-to-book ratio interpretation, valuation status and historical context — current P/B 6.34 (High). View Bharti Airtel yearly highs lows for the annual high/low range and current price position.
- Stock appears overvalued with PB of 6.34, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
- Current PB is 95.4% above historical average
- Trading at premium to sector average PB of 3.68
Bharti Airtel P/B Ratio Historical Trend
BHARTIARTL annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. Analyse Bharti Airtel ownership pattern to track promoter, FII and institutional holdings.
BHARTIARTL Historical P/B Ratio — Book Value Per Share & Year-End Price
Bharti Airtel annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 2.71 | ₹643.13 | ₹1741.10 | ₹195,963 | Moderate |
| 2025 | 3.98 | ₹529.2 | ₹2105.60 | ₹153,468 | High |
| 2024 | 4.33 | ₹366.92 | ₹1587.75 | ₹105,564 | High |
| 2023 | 2.75 | ₹375.2 | ₹1032.20 | ₹106,444 | Moderate |
| 2022 | 2.45 | ₹328.93 | ₹806.10 | ₹91,935 | Moderate |
BHARTIARTL vs Telecom Peers — P/B Ratio Comparison
Bharti Airtel P/B 6.34 vs Telecom average 3.68, median 2.49 — range -4.32–14.92.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Vodafone Idea | IDEA | -4.32 | ₹145,938 | Low |
| City Online Services | CITYONLINE | -3.92 | ₹4 | Low |
| Aksh Optifibre | AKSHOPTFBR | -3.63 | ₹115 | Low |
| GTL Infrastructure | GTLINFRA | -0.26 | ₹1,396 | Low |
| Tata Teleservices Mahara… | TTML | -0.24 | ₹7,075 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.22 | ₹45 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.05 | ₹1,554 | Low |
| GTL | GTL | -0.02 | ₹107 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹246 | Low |