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Bharti AirtelNSE:BHARTIARTL -1.14%88 EV-to-EBITDA is 11.07 as of Aug. 18, 2026, which is 7% above its 10-year median of 10.30. GuruFocus rates NSE:BHARTIARTL with a GF Score™ of 88/100 and a GF Value™ of ₹2,163.36 (Fairly Valued). The stock has 4 warning signs investors should review. Among 315 Telecommunication Services companies, Bharti Airtel ranks worse than 73.33% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bharti Airtel's enterprise value is ₹13,833,717 Mil.
Bharti Airtel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,249,727 Mil. Therefore, Bharti Airtel's EV-to-EBITDA for today is 11.07.
The historical rank and industry rank for Bharti Airtel's EV-to-EBITDA or its related term are showing as below:
NSE:BHARTIARTL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -78.39 Med: 10.3 Max: 352.97
Current: 11.07
During the past 13 years, the highest EV-to-EBITDA of Bharti Airtel was 352.97. The lowest was -78.39. And the median was 10.30.
NSE:BHARTIARTL's EV-to-EBITDA is ranked worse than 73.33% of 315
companies
in the Telecommunication Services industry
Industry Median: 6.84
vs NSE:BHARTIARTL: 11.07
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Bharti Airtel's PE Ratio (TTM) for today is calculated as:
Bharti Airtel's share price for today is ₹1969.30.
Bharti Airtel's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹47.840.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Bharti Airtel's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:BHARTIARTL vs VZ, TMUS, T: EV-to-EBITDA Comparison
For the Telecom Services subindustry, Bharti Airtel's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Bharti Airtel EV-to-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Bharti Airtel's EV-to-EBITDA falls into.
Bharti Airtel's current Enterprise Value is ₹13,833,717 Mil.
Bharti Airtel's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,249,727 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Bharti Airtel (NSE:BHARTIARTL) has a EV-to-EBITDA of 11.07 as of Aug. 18, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bharti Airtel. This is near median its historical median of 10.30. According to the industry distribution chart, Bharti Airtel ranks #231 out of 315 companies in the Telecommunication Services industry, placing it in the top 73.3%.
Is Bharti Airtel's EV-to-EBITDA too high?
Bharti Airtel's current EV-to-EBITDA of 11.07 is near median its 10-year median of 10.30. The Telecommunication Services industry median EV-to-EBITDA is 6.84. Bharti Airtel's value of 11.07 is 61.8% above this industry median. Based on the distribution chart, Bharti Airtel ranks #231 out of 315 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Bharti Airtel has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharti Airtel's EV-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bharti Airtel ranks #231 out of 315 companies for EV-to-EBITDA. This places Bharti Airtel in the lower half of its industry. The industry median EV-to-EBITDA is 6.84. Bharti Airtel's value of 11.07 is 61.8% above this benchmark. While the company's 10-year median is 10.30 vs. the industry median of 6.84, Bharti Airtel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Telecommunication Services company?
The median EV-to-EBITDA among Telecommunication Services companies is 6.84, based on 315 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharti Airtel's current EV-to-EBITDA of 11.07 is 61.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Bharti Airtel. For the Telecommunication Services industry, the median EV-to-EBITDA is 6.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Airtel's current EV-to-EBITDA is 11.07, which is near median its own 10-year median of 10.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bharti Airtel stock overvalued right now?
Based on GuruFocus' analysis, Bharti Airtel (NSE:BHARTIARTL) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,163.36, compared to a current price of ₹1,969.30 — trading 9% below its estimated fair value. The current EV-to-EBITDA is 11.07, which is near median its 10-year median of 10.30 and 61.8% above the Telecommunication Services industry median of 6.84. Bharti Airtel's overall GF Score™ is 88/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Bharti Airtel (NSE:BHARTIARTL), the current EV-to-EBITDA is 11.07 as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Bharti Airtel (NSE:BHARTIARTL) Overvalued in 2026?
Based on GuruFocus' analysis, Bharti Airtel stock appears to be undervalued.
The current stock price of ₹1,969.30 is trading 9% below its estimated GF Value™ of ₹2,163.36.
GuruFocus considers Bharti Airtel to be Fairly Valued.
Key valuation signals for NSE:BHARTIARTL:
EV-to-EBITDA: 11.07 (near median its 10-year median of 10.30)
GF Value™: ₹2,163.36 vs. price of ₹1,969.30 (9% below fair value)
Industry Position: 61.8% above the Telecommunication Services median (#231 of 315)
No single metric tells the full story. See the NSE:BHARTIARTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bharti Airtel Ltd is a telecommunications company. The company's segments include Mobile Services India, Mobile Services Africa, Mobile Services South Asia, Airtel Business, Passive Infrastructure Services, Homes Services, Digital TV Services, and others. It generates maximum revenue from the Mobile Services India segment. Mobile Services India services cover voice and data telecom services provided through wireless technology (2G /3G/4G) in India. It includes the captive national long-distance networks, which provide connectivity to the mobile services business in India. It also includes intra-city fibre networks.
88GF Score
Get the complete analysis for NSE:BHARTIARTL
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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