Indus Towers P/B Ratio
INDUSTOWER • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
3.37
High Valuation
High - Premium to book value, growth expectations or asset-light model
Current Valuation Metrics
P/B Ratio
3.37
Current Price
₹448.55
Book Value/Share
₹123.19
Exchange
NSE
Book Value Breakdown (2025)
Balance Sheet Components
Total Equity
₹32,498 Cr
Share Capital
₹2,638 Cr
Reserves & Surplus
₹29,860 Cr
Outstanding Shares
2,638,000,000
Book Value per Share
₹123.19
Valuation Signal
Signal
Overvalued
Historical Avg
3.18
Historical Range
2.32 - 4.21
Percentile
40.0%
Sector Context
Sector Average
3.5
Sector Median
1.53
Sector Rank
#11 of 43
Sector Percentile
25.6%
Key P/B Ratio Insights for Indus Towers
- Stock appears overvalued with PB of 3.37, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
View the current stock price of Indus Towers for more insights.
P/B Ratio Historical Trend for Indus Towers
Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.
Related Pages for Indus Towers
Additional stock information and data for INDUSTOWER
Historical P/B Ratio Data
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2025 | 3.4 | ₹123.19 | ₹418.75 | ₹32,498 | High |
| 2024 | 3.41 | ₹100.33 | ₹341.80 | ₹27,039 | High |
| 2023 | 2.54 | ₹78.33 | ₹199.05 | ₹21,110 | Moderate |
| 2022 | 2.32 | ₹82.19 | ₹190.45 | ₹22,151 | Moderate |
| 2021 | 4.21 | ₹58.91 | ₹248.30 | ₹15,877 | High |
Sector P/B Ratio Comparison
Comparing Indus Towers with other companies in Telecom sector
Sector Average
3.5
Sector Median
1.53
Lowest P/B
-4.2
Highest P/B
17.49
Companies
43
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| City Online Services | CITYONLINE | -4.2 | ₹4 | Low |
| Aksh Optifibre | AKSHOPTFBR | -3.89 | ₹79 | Low |
| Vodafone Idea | IDEA | -1.43 | ₹114,735 | Low |
| Tata Teleservices Mahara… | TTML | -0.42 | ₹8,131 | Low |
| GTL Infrastructure | GTLINFRA | -0.22 | ₹1,409 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.21 | ₹40 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.06 | ₹1,778 | Low |
| GTL | GTL | -0.02 | ₹111 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹23 | Low |
| Reliance Communications | RCOM | 0.0 | ₹238 | Low |