Tejas Networks P/B Ratio
Tejas Networks (TEJASNET) P/B ratio is 3.34 (High), book value per share ₹161.93 vs Telecom average P/B of 3.68 — High - Premium to book value, growth expectations or asset-light model. Explore TEJASNET true value to estimate fundamental worth using multiple valuation models.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
TEJASNET P/B Ratio — Valuation Insights & Book Value Analysis
Tejas Networks price-to-book ratio interpretation, valuation status and historical context — current P/B 3.34 (High). For live price, earnings yield and the full fundamental profile, see Tejas Networks share price screener.
- Stock appears overvalued with PB of 3.34, trading at significant premium to book value
- Trading at high premium to book value - indicates strong growth expectations or asset-light business model
Tejas Networks P/B Ratio Historical Trend
TEJASNET 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. Read TEJASNET dividend payout details for the complete payout history and dividend yield track record.
TEJASNET Historical P/B Ratio — Book Value Per Share & Year-End Price
Tejas Networks 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 | 3.2 | ₹161.93 | ₹518.30 | ₹2,931 | High |
| 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 |
TEJASNET vs Telecom Peers — P/B Ratio Comparison
Tejas Networks P/B 3.34 vs Telecom average 3.68, median 2.43 — range -4.55–14.82.
| Company | Symbol | P/B Ratio | Market Cap (₹ Cr) | Valuation |
|---|---|---|---|---|
| Aksh Optifibre | AKSHOPTFBR | -4.55 | ₹143 | Low |
| Vodafone Idea | IDEA | -4.53 | ₹162,190 | Low |
| City Online Services | CITYONLINE | -3.64 | ₹4 | Low |
| GTL Infrastructure | GTLINFRA | -0.29 | ₹1,486 | Low |
| Tata Teleservices Mahara… | TTML | -0.25 | ₹6,960 | Low |
| Tamilnadu Telecommunicat… | TNTELE | -0.21 | ₹41 | Low |
| Mahanagar Telephone Nigam | MTNL | -0.05 | ₹1,499 | Low |
| GTL | GTL | -0.02 | ₹112 | Low |
| Quadrant Televentures | QUADRANT | -0.01 | ₹22 | Low |
| Reliance Communications | RCOM | 0.0 | ₹279 | Low |