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Reliance CommunicationsNSE:RCOM 39 EV-to-EBITDA is 302.43 as of Sep. 02, 2026, which is 19287% above its 10-year median of 1.56. GuruFocus rates NSE:RCOM with a GF Score™ of 39/100 and a GF Value™ of ₹1.24 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 312 Telecommunication Services companies, Reliance Communications ranks worse than 99.68% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Reliance Communications's enterprise value is ₹468,773 Mil.
Reliance Communications's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹1,550 Mil. Therefore, Reliance Communications's EV-to-EBITDA for today is 302.43.
The historical rank and industry rank for Reliance Communications's EV-to-EBITDA or its related term are showing as below:
NSE:RCOM'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -2489.84 Med: 1.56 Max: 46352
Current: 302.43
During the past 13 years, the highest EV-to-EBITDA of Reliance Communications was 46352.00. The lowest was -2489.84. And the median was 1.56.
NSE:RCOM's EV-to-EBITDA is ranked worse than 99.68% of 312
companies
in the Telecommunication Services industry
Industry Median: 6.5
vs NSE:RCOM: 302.43
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.
Reliance Communications's PE Ratio (TTM) for today is calculated as:
Reliance Communications's share price for today is ₹0.81.
Reliance Communications'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 ₹-34.160.
* 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).
* 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.
For the Telecom Services subindustry, Reliance Communications'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.
Reliance Communications EV-to-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Reliance Communications's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Reliance Communications's EV-to-EBITDA falls into.
Reliance Communications's current Enterprise Value is ₹468,773 Mil.
Reliance Communications'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 ₹1,550 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.
Reliance Communications (NSE:RCOM) has a EV-to-EBITDA of 302.43 as of Sep. 02, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Reliance Communications. This is 19287% above median its historical median of 1.56. According to the industry distribution chart, Reliance Communications ranks #311 out of 312 companies in the Telecommunication Services industry, placing it in the top 99.7%.
Is Reliance Communications' EV-to-EBITDA too high?
Reliance Communications' current EV-to-EBITDA of 302.43 is 19287% above median its 10-year median of 1.56. The Telecommunication Services industry median EV-to-EBITDA is 6.50. Reliance Communications' value of 302.43 is 4552.8% above this industry median. Based on the distribution chart, Reliance Communications ranks #311 out of 312 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Reliance Communications has a GF Score™ of 39/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Reliance Communications' EV-to-EBITDA compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Reliance Communications ranks #311 out of 312 companies for EV-to-EBITDA. This places Reliance Communications in the lower half of its industry. The industry median EV-to-EBITDA is 6.50. Reliance Communications' value of 302.43 is 4552.8% above this benchmark. While the company's 10-year median is 1.56 vs. the industry median of 6.50, Reliance Communications 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 6.50, based on 312 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. Reliance Communications's current EV-to-EBITDA of 302.43 is 4552.8% 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 Reliance Communications. For the Telecommunication Services industry, the median EV-to-EBITDA is 6.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Communications's current EV-to-EBITDA is 302.43, which is 19287% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Communications stock overvalued right now?
Based on GuruFocus' analysis, Reliance Communications (NSE:RCOM) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1.24, compared to a current price of ₹0.81 — trading 34.7% below its estimated fair value. The current EV-to-EBITDA is 302.43, which is 19287% above median its 10-year median of 1.56 and 4552.8% above the Telecommunication Services industry median of 6.50. Reliance Communications' overall GF Score™ is 39/100 with 5 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 Reliance Communications (NSE:RCOM), the current EV-to-EBITDA is 302.43 as of Sep. 02, 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 Reliance Communications (NSE:RCOM) Overvalued in 2026?
Based on GuruFocus' analysis, Reliance Communications stock appears to be undervalued.
The current stock price of ₹0.81 is trading 34.7% below its estimated GF Value™ of ₹1.24.
GuruFocus considers Reliance Communications to be Possible Value Trap.
Key valuation signals for NSE:RCOM:
EV-to-EBITDA: 302.43 (19287% above median its 10-year median of 1.56)
GF Value™: ₹1.24 vs. price of ₹0.81 (34.7% below fair value)
Industry Position: 4552.8% above the Telecommunication Services median (#311 of 312)
No single metric tells the full story. See the NSE:RCOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reliance Communications Ltd is a triple-play telecommunications company that provides mobile, voice, and broadband services in two segments: India Operations and Global Operations. The India Operations segment includes business voice, long-distance services, and broadband access to enterprise customers, and managed Internet data centre services. The Global Operations segment offers international data and network services, enterprise services, and data services to global customers. The company generates the majority of its revenue from India Operations.
39GF Score
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