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Tata CommunicationsNSE:TATACOMM -0.57%76 PB Ratio is 14.35 as of Aug. 13, 2026, which is 48% below its 10-year median of 27.46. GuruFocus rates NSE:TATACOMM with a GF Score™ of 76/100 and a GF Value™ of ₹2,021.36 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 340 Telecommunication Services companies, Tata Communications ranks worse than 96.18% on this metric.
The historical rank and industry rank for Tata Communications's PB Ratio or its related term are showing as below:
NSE:TATACOMM'
s PB Ratio Range Over the Past 10 Years
Min: 6.99 Med: 27.46 Max: 318.22
Current: 14.38
During the past 13 years, Tata Communications's highest PB Ratio was 318.22. The lowest was 6.99. And the median was 27.46.
NSE:TATACOMM's PB Ratio is ranked worse than 96.18% of 340
companies
in the Telecommunication Services industry
Industry Median: 1.735
vs NSE:TATACOMM: 14.38
During the past 12 months, Tata Communications's average Book Value Per Share Growth Rate was 14.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 31.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 80.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tata Communications was 149.20% per year. The lowest was -51.70% per year. And the median was -0.75% per year.
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Tata Communications PB Ratio Related Terms
Tata Communications PB Ratio Historical Data
* Premium members only.
The historical data trend for Tata Communications's PB Ratio 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.
For the Telecom Services subindustry, Tata Communications's PB Ratio, along with its competitors' market caps and PB Ratio 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.
Tata Communications PB Ratio vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Tata Communications's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tata Communications's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Tata Communications (NSE:TATACOMM) has a PB Ratio of 14.35 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tata Communications and its competitors. This is 48% below median its historical median of 27.46. Over the past decade, Tata Communications' PB Ratio has ranged from 6.99 to 318.22. According to the industry distribution chart, Tata Communications ranks #327 out of 340 companies in the Telecommunication Services industry, placing it in the top 96.2%.
Is Tata Communications' PB Ratio too high?
Tata Communications' current PB Ratio of 14.35 is 48% below median its 10-year median of 27.46. Over the past 10 years, this metric has ranged from a low of 6.99 to a high of 318.22. The Telecommunication Services industry median PB Ratio is 1.74. Tata Communications' value of 14.35 is 727.1% above this industry median. Based on the distribution chart, Tata Communications ranks #327 out of 340 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Tata Communications has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tata Communications' PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Tata Communications ranks #327 out of 340 companies for PB Ratio. This places Tata Communications in the lower half of its industry. The industry median PB Ratio is 1.74. Tata Communications' value of 14.35 is 727.1% above this benchmark. Historically, Tata Communications' own PB Ratio has ranged from 6.99 to 318.22 over the past decade. While the company's 10-year median is 27.46 vs. the industry median of 1.74, Tata 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 PB Ratio for a Telecommunication Services company?
The median PB Ratio among Telecommunication Services companies is 1.74, based on 340 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tata Communications's current PB Ratio of 14.35 is 727.1% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Tata Communications and its competitors. For the Telecommunication Services industry, the median PB Ratio is 1.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tata Communications's current PB Ratio is 14.35, which is 48% below median its own 10-year median of 27.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tata Communications stock overvalued right now?
Based on GuruFocus' analysis, Tata Communications (NSE:TATACOMM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,021.36, compared to a current price of ₹1,736.20 — trading 14.1% below its estimated fair value. The current PB Ratio is 14.35, which is 48% below median its 10-year median of 27.46 and 727.1% above the Telecommunication Services industry median of 1.74. Tata Communications' overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Tata Communications (NSE:TATACOMM), the current PB Ratio is 14.35 as of Aug. 13, 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 Tata Communications (NSE:TATACOMM) Overvalued in 2026?
Based on GuruFocus' analysis, Tata Communications stock appears to be undervalued.
The current stock price of ₹1,736.20 is trading 14.1% below its estimated GF Value™ of ₹2,021.36.
GuruFocus considers Tata Communications to be Modestly Undervalued.
Key valuation signals for NSE:TATACOMM:
PB Ratio: 14.35 (48% below median its 10-year median of 27.46)
GF Value™: ₹2,021.36 vs. price of ₹1,736.20 (14.1% below fair value)
Industry Position: 727.1% above the Telecommunication Services median (#327 of 340)
No single metric tells the full story. See the NSE:TATACOMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tata Communications Ltd offers international and national voice and data transmission services, selling and leasing of bandwidth on undersea cable systems, internet connectivity services, and other value-added services comprising unified conferencing and collaboration services, managed hosting, mobile roaming and signalling services, transponder lease, television uplinking and other managed services, data center colocation services, network management and support, and other related services. The Group also undertakes leasing, letting out, licensing or developing immovable properties to earn income, including rental, lease and license income from land and buildings. Its segments are Data Services, Voice Solutions, and Real Estate, with Data Services generating maximum revenue.
76GF Score
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