Bharti Airtel (BOM:532454) PEG Ratio: 1.52 (As of Aug. 02, 2026) — 60% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:532454 Bharti Airtel Ltd BOM:532454
84 GF Score
Price ₹1,968.80
GF Value ₹2,144.30
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Bharti Airtel PEG Ratio?

Bharti Airtel BOM:532454 +0.67% 84 PEG Ratio is 1.52 as of Aug. 02, 2026, which is 60% below its 10-year median of 3.82. GuruFocus rates BOM:532454 with a GF Score™ of 84/100 and a GF Value™ of ₹2,144.30 (Fairly Valued). The stock has 3 warning signs investors should review. Among 162 Telecommunication Services companies, Bharti Airtel ranks better than 61.11% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Bharti Airtel's PE Ratio without NRI is 39.78. Bharti Airtel's 5-Year EBITDA growth rate is 26.10%. Therefore, Bharti Airtel's PEG Ratio for today is 1.52.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Bharti Airtel's PEG Ratio or its related term are showing as below:

BOM:532454' s PEG Ratio Range Over the Past 10 Years
Min: 0.9   Med: 3.82   Max: 3794
Current: 1.52


During the past 13 years, Bharti Airtel's highest PEG Ratio was 3794.00. The lowest was 0.90. And the median was 3.82.


BOM:532454's PEG Ratio is ranked better than
61.11% of 162 companies
in the Telecommunication Services industry
Industry Median: 2.08 vs BOM:532454: 1.52

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Bharti Airtel  (BOM:532454) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Bharti Airtel PEG Ratio Related Terms


Bharti Airtel PEG Ratio Historical Data

* Premium members only.

The historical data trend for Bharti Airtel's PEG 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.

Bharti Airtel PEG Ratio Chart

Bharti Airtel Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 1.67

Bharti Airtel Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.13 1.49 1.67

BOM:532454 vs VZ, TMUS, T: PEG Ratio Comparison

For the Telecom Services subindustry, Bharti Airtel's PEG Ratio, along with its competitors' market caps and PEG 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.


Bharti Airtel PEG Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Bharti Airtel's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Bharti Airtel's PEG Ratio falls into.


BOM:532454
84GF Score
Bharti Airtel Ltd BOM:532454
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bharti Airtel PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Bharti Airtel's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=39.780970277424/26.10
=1.52

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 1.52 mean?
Bharti Airtel (BOM:532454) has a PEG Ratio of 1.52 as of Aug. 02, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Bharti Airtel and its competitors. This is 60% below median its historical median of 3.82. Over the past decade, Bharti Airtel's PEG Ratio has ranged from 0.90 to 3,794.00. According to the industry distribution chart, Bharti Airtel ranks #63 out of 162 companies in the Telecommunication Services industry, placing it in the top 38.9%.
Is Bharti Airtel's PEG Ratio too high?
Bharti Airtel's current PEG Ratio of 1.52 is 60% below median its 10-year median of 3.82. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 3,794.00. The Telecommunication Services industry median PEG Ratio is 2.08. Bharti Airtel's value of 1.52 is 26.9% below this industry median. Based on the distribution chart, Bharti Airtel ranks #63 out of 162 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Bharti Airtel has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bharti Airtel's PEG Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Bharti Airtel ranks #63 out of 162 companies for PEG Ratio. This puts Bharti Airtel in the upper half of its industry. The industry median PEG Ratio is 2.08. Bharti Airtel's value of 1.52 is 26.9% below this benchmark. Historically, Bharti Airtel's own PEG Ratio has ranged from 0.90 to 3,794.00 over the past decade. While the company's 10-year median is 3.82 vs. the industry median of 2.08, Bharti Airtel has consistently been below 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 PEG Ratio for a Telecommunication Services company?
The median PEG Ratio among Telecommunication Services companies is 2.08, based on 162 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bharti Airtel's current PEG Ratio of 1.52 is 26.9% below 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Bharti Airtel and its competitors. For the Telecommunication Services industry, the median PEG Ratio is 2.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bharti Airtel's current PEG Ratio is 1.52, which is 60% below median its own 10-year median of 3.82. 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 (BOM:532454) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,144.30, compared to a current price of ₹1,968.80 — trading 8.2% below its estimated fair value. The current PEG Ratio is 1.52, which is 60% below median its 10-year median of 3.82 and 26.9% below the Telecommunication Services industry median of 2.08. Bharti Airtel's overall GF Score™ is 84/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Bharti Airtel (BOM:532454), the current PEG Ratio is 1.52 as of Aug. 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 Bharti Airtel (BOM:532454) Overvalued in 2026?

Based on GuruFocus' analysis, Bharti Airtel stock appears to be undervalued. The current stock price of ₹1,968.80 is trading 8.2% below its estimated GF Value™ of ₹2,144.30. GuruFocus considers Bharti Airtel to be Fairly Valued.

Key valuation signals for BOM:532454:

  • PEG Ratio: 1.52 (60% below median its 10-year median of 3.82)
  • GF Value™: ₹2,144.30 vs. price of ₹1,968.80 (8.2% below fair value)
  • GF Score™: 84/100 with 3 warning signs
  • Industry Position: 26.9% below the Telecommunication Services median (#63 of 162)

No single metric tells the full story. See the BOM:532454 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bharti Airtel Business Description

Other Exchanges BHARTIARTL:India
Address 1, Nelson Mandela Road, Bharti Crescent, Phase II, Vasant Kunj, New Delhi, IND, 110070
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.
84GF Score

Get the complete analysis for BOM:532454

PEG Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,968.80
Price
₹2,144.30
GF Value