Indus Towers P/B Ratio
Indus Towers (INDUSTOWER) P/B ratio is 2.94 (Moderate), book value per share ₹123.19 vs Telecom average P/B of 3.64 — High - Premium to book value, growth expectations or asset-light model. For live price, earnings yield and the full fundamental profile, see INDUSTOWER stock price BSE.
Current Valuation Metrics
Book Value Breakdown (2025)
Valuation Signal
Sector Context
INDUSTOWER P/B Ratio — Valuation Insights & Book Value Analysis
Indus Towers price-to-book ratio interpretation, valuation status and historical context — current P/B 2.94 (Moderate). Check INDUSTOWER company valuation to track the company's total market size over time.
- Trading at discount to sector average PB of 3.64
Indus Towers P/B Ratio Historical Trend
INDUSTOWER 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. Also explore INDUSTOWER price movement history to track price trends across different timeframes.
INDUSTOWER Historical P/B Ratio — Book Value Per Share & Year-End Price
Indus Towers 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 |
|---|---|---|---|---|---|
| 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 |
INDUSTOWER vs Telecom Peers — P/B Ratio Comparison
Indus Towers P/B 2.94 vs Telecom average 3.64, median 1.77 — range -5.03–19.07.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aksh Optifibre | AKSHOPTFBR | -5.03 | ₹102 | Low |
| City Online Services | CITYONLINE | -4.36 | ₹4 | Low |
| Vodafone Idea | IDEA | -1.27 | ₹107,693 | Low |
| Tata Teleservices Mahara… | TTML | -0.44 | ₹8,697 | Low |
| GTL Infrastructure | GTLINFRA | -0.25 | ₹1,588 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.24 | ₹48 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.07 | ₹1,928 | Low |
| GTL | GTL | -0.02 | ₹114 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹277 | Low |