Mahanagar Telephone Nigam P/B Ratio
Current P/B Ratio
-0.06
Low Valuation
Very Low - Significant discount to book value, potential distress or value opportunity
Mahanagar Telephone Nigam (MTNL) P/B ratio is -0.06 (Low), book value per share ₹-475.56 vs Telecom average P/B of 3.76 — Very Low - Significant discount to book value, potential distress or value opportunity. For live price, earnings yield and the full fundamental profile, see Mahanagar Telephone Nigam share price chart.
Current Valuation Metrics
P/B Ratio
-0.06
Current Price
₹30.00
Book Value/Share
₹-475.56
Exchange
NSE
Book Value Breakdown (2026)
Balance Sheet Components
Total Equity
₹-29,960 Cr
Share Capital
₹630 Cr
Reserves & Surplus
₹-30,590 Cr
Outstanding Shares
630,000,000
Book Value per Share
₹-475.56
Valuation Signal
Signal
Undervalued
Sector Context
Sector Average
3.76
Sector Median
2.05
Sector Rank
#7 of 43
Sector Percentile
16.3%
MTNL P/B Ratio — Valuation Insights & Book Value Analysis
Mahanagar Telephone Nigam price-to-book ratio interpretation, valuation status and historical context — current P/B -0.06 (Low). View MTNL 52-week chart for the annual high/low range and current price position.
- Stock appears undervalued with PB of -0.06, trading below book value
- Trading below book value - potential value opportunity or financial distress signal
- Trading at discount to sector average PB of 3.76
MTNL vs Telecom Peers — P/B Ratio Comparison
Mahanagar Telephone Nigam P/B -0.06 vs Telecom average 3.76, median 2.05 — range -4.3–16.02.
Sector Average
3.76
Sector Median
2.05
Lowest P/B
-4.3
Highest P/B
16.02
Companies
43
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| City Online Services | CITYONLINE | -4.3 | ₹4 | Low |
| Vodafone Idea | IDEA | -4.26 | ₹156,339 | Low |
| Aksh Optifibre | AKSHOPTFBR | -3.77 | ₹116 | Low |
| GTL Infrastructure | GTLINFRA | -0.35 | ₹1,742 | Low |
| Tata Teleservices Mahara… | TTML | -0.3 | ₹8,213 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.22 | ₹42 | Low |
| GTL | GTL | -0.02 | ₹122 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹241 | Low |
| UNIINFO Telecom Services | UNIINFO | 0.4 | ₹13 | Low |