Indus Towers (BOM:534816) Price-to-Tangible-Book : 3.46 (As of May. 24, 2024)

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What is Indus Towers Price-to-Tangible-Book?

As of today (2024-05-24), Indus Towers's share price is ₹346.65. Indus Towers's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹100.32. Hence, Indus Towers's Price to Tangible Book Ratio of today is 3.46.

The historical rank and industry rank for Indus Towers's Price-to-Tangible-Book or its related term are showing as below:

BOM:534816' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.83 Med: 3.78 Max: 4.17
Current: 3.46

During the past 13 years, Indus Towers's highest Price to Tangible Book Ratio was 4.17. The lowest was 1.83. And the median was 3.78.

BOM:534816's Price-to-Tangible-Book is ranked worse than
61.21% of 281 companies
in the Telecommunication Services industry
Industry Median: 2.45 vs BOM:534816: 3.46

A closely related ratio is called PB Ratio. As of today, Indus Towers's share price is ₹346.65. Indus Towers's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹100.37. Hence, Indus Towers's P/B Ratio of today is 3.45.

Indus Towers Price-to-Tangible-Book Historical Data

The historical data trend for Indus Towers's Price-to-Tangible-Book 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.

* Premium members only.

Indus Towers Price-to-Tangible-Book Chart

Indus Towers Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.19

4.17

2.70

1.83

2.90

Indus Towers Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.83	1.97	2.18	-	2.90

Competitive Comparison of Indus Towers's Price-to-Tangible-Book

For the Telecom Services subindustry, Indus Towers's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Indus Towers's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Indus Towers's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Indus Towers's Price-to-Tangible-Book falls into.

Indus Towers Price-to-Tangible-Book Calculation

Indus Towers's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	346.65	/	100.319
	=	3.46

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Indus Towers Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Indus Towers's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Indus Towers (BOM:534816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Indus Towers Ltd (BOM:534816) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

INDUSTOWER:India

Address

DLF Cyber City, 4th Floor, Building No. 10, Tower A, Gurugram, HR, IND, 122002

Website

https://www.industowers.com

Indus Towers Ltd Ltd is a telecommunications tower infrastructure service provider. The company deploys, owns, and manages telecom towers and communication structures for mobile operators. The company acquires and builds towers, while also owning and operating telecom towers and related infrastructure. The company primarily generates revenue through a rental fee to tenants of mobile towers. Energy costs such as electricity and fuel charts are usually passed through to tenants. The company generates the vast majority of its revenue in India. The company's assets are located in India and are often ground-based and rooftop towers.

Indus Towers (BOM:534816) Headlines

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