Tejas Networks P/B Ratio

TEJASNET • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
2.25
Moderate Valuation
High - Premium to book value, growth expectations or asset-light model

Current Valuation Metrics

P/B Ratio 2.25
Current Price ₹440.70
Book Value/Share ₹213.67
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹3,846 Cr
Share Capital ₹180 Cr
Reserves & Surplus ₹3,667 Cr
Outstanding Shares 180,000,000
Book Value per Share ₹213.67

Valuation Signal

Signal Fairly Valued
Historical Avg 4.16
Historical Range 2.1 - 6.55
Percentile 20.0%

Sector Context

Sector Average 3.24
Sector Median 1.39
Sector Rank #11 of 43
Sector Percentile 25.6%

Key P/B Ratio Insights for Tejas Networks

  • Current PB is 45.9% below historical average
  • Trading at discount to sector average PB of 3.24

P/B Ratio Historical Trend for Tejas Networks

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.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 2.1 ₹213.67 ₹449.65 ₹3,846 Moderate
2024 6.55 ₹181.03 ₹1185.70 ₹3,150 High
2023 5.03 ₹172.85 ₹869.70 ₹2,973 High
2022 3.54 ₹163.56 ₹578.35 ₹1,930 High
2021 3.58 ₹116.91 ₹418.95 ₹1,134 High

Sector P/B Ratio Comparison

Comparing Tejas Networks with other companies in Telecom sector
Sector Average
3.24
Sector Median
1.39
Lowest P/B
-3.56
Highest P/B
16.3
Companies
43
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Aksh Optifibre AKSHOPTFBR -3.56 ₹75 Low
City Online Services CITYONLINE -3.06 ₹3 Low
Vodafone Idea IDEA -1.14 ₹92,958 Low
Tata Teleservices Mahara… TTML -0.35 ₹7,108 Low
Tamilnadu Telecommunicat… TNTELE -0.21 ₹41 Low
GTL Infrastructure GTLINFRA -0.21 ₹1,332 Low
Mahanagar Telephone Nigam MTNL -0.05 ₹1,559 Low
Quadrant Televentures QUADRANT -0.01 ₹22 Low
GTL GTL -0.01 ₹94 Low
Reliance Communications RCOM 0.0 ₹227 Low