Indus Towers Limited
INDUSTOWER
Rank in Stocks
#1901
Indus Towers Limited specializes in the creation, ongoing operation, and... Indus Towers Limited specializes in the creation, ongoing operation, and maintenance of infrastructure critical for wireless communication networks. The firm provides vital infrastructure services to various telecommunications companies and other entities delivering wireless connectivity. As of the close of the financial year on March 31, 2022, its assets included approximately 185,447 towers and 335,791 co-located sites, spanning 22 distinct telecommunication circles within India. The company, which commenced operations in 2006, was previously identified as Bharti Infratel Limited until its rebranding to Indus Towers Limited in December 2020. Its corporate headquarters are located in Gurugram, India.
Share Price
$4.22
Last synced: 2026-10-19
Market Cap
$11.13B
Change (1 day)
-0.42%
Change (1 year)
4.65%
Country
IN
Trade Indus Towers Limited (INDUSTOWER)
Category
Communication Services
P/B ratio for Indus Towers Limited (INDUSTOWER)
P/B ratio as of October 2026 TTM: 2.43
According to Indus Towers Limited latest financial reports and stock price the company's current price-to-book ratio (TTM) is 2.43. At the end of 2024 the company had a P/B ratio of 3.14.
P/B ratio history for Indus Towers Limited from 2008 to 2026
P/B ratio at the end of each year
| Year | P/B Ratio | Change |
|---|---|---|
| 2026 (TTM) | 2.43 | -16.63% |
| 2025 | 2.92 | -6.98% |
| 2024 | 3.14 | 72.10% |
| 2023 | 1.83 | -32.42% |
| 2022 | 2.70 | -18.87% |
| 2021 | 3.33 | 30.61% |
| 2020 | 2.55 | -45.36% |
| 2019 | 4.67 | 8.65% |
| 2018 | 4.29 | -5.34% |
| 2017 | 4.54 | 1.01% |
| 2016 | 4.49 | -7.97% |
| 2015 | 4.88 | 100.61% |
| 2014 | 2.43 | 8.21% |
| 2013 | 2.25 | -21.03% |
| 2012 | 2.85 | 10.07% |
| 2011 | 2.59 | -2.62% |
| 2010 | 2.66 | -24.04% |
| 2009 | 3.50 | -0.93% |
| 2008 | 3.53 | 0.00% |
P/B ratio for similar companies or competitors
| Company | P/B Ratio | P/B Ratio Difference | Country |
|---|---|---|---|
| - | - |
HK
|
|
| 1.7816 | -26.81% |
US
|
|
| 3.0337 | 24.62% |
US
|
|
| 1.4499 | -40.44% |
US
|
|
| - | - |
DE
|
