Indus Towers Limited establishes, operates, and maintains wireless communication towers. The company offers infrastructure services to telecom operators and other wireless services providers. As of March 31, 2022, it owned and operated approximately 185,447 towers and 335,791 co-locations in 22 telecommunication circles in India. The company was formerly known as Bharti Infratel Limited and changed its name to Indus Towers Limited in December 2020. Indus Towers Limited was incorporated in 2006 and is headquartered in Gurugram, India.
P/B ratio for Indus Towers Limited (INDUSTOWER.NS)
P/B ratio as of 2023: 3.14
According to Indus Towers Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.14. At the end of 2022 the company had a P/B ratio of 1.83.
P/B ratio history for Indus Towers Limited from 2011 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.14 |
| 2022 | 1.83 |
| 2021 | 2.70 |
| 2020 | 3.33 |
| 2019 | 2.55 |
| 2018 | 4.67 |
| 2017 | 4.29 |
| 2016 | 4.54 |
| 2015 | 4.49 |
| 2014 | 4.88 |
| 2013 | 2.43 |
| 2012 | 2.25 |
| 2011 | 2.85 |