Nxtdigital Limited, through its subsidiaries, engages in the media and communications business in India. The company operates through Media and Communication, and Real Estate segments. It operates and distributes television (TV) channels; licenses dark fiber; and distributes cable TV programs through cable and the Headend-in-the-Sky platforms under the INDigital and NXTDIGITAL brand names. The company also leases optic fiber cable and internet connectivity services under the ONE Broadband brand name; and sells set-top boxes. It also acquires land for future development. The company was formerly known as Hinduja Ventures Limited and changed its name to Nxtdigital Limited in October 2019. Nxtdigital Limited was incorporated in 1985 and is based in Mumbai, India.
P/B ratio for Nxtdigital Limited (NXTDIGITAL.NS)
P/B ratio as of 2022: 5.62
According to Nxtdigital Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 5.62. At the end of 2021 the company had a P/B ratio of 2.91.
P/B ratio history for Nxtdigital Limited from 2004 to 2022
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2022 | 5.62 |
| 2021 | 2.91 |
| 2020 | 14.74 |
| 2019 | 5.51 |
| 2018 | 1.61 |
| 2017 | 8.80 |
| 2016 | 2.70 |
| 2015 | 1.48 |
| 2014 | 1.23 |
| 2013 | 0.78 |
| 2012 | 1.14 |
| 2011 | 1.11 |
| 2010 | 0.90 |
| 2009 | 1.19 |
| 2008 | 0.37 |
| 2007 | 1.39 |
| 2006 | 1.95 |
| 2005 | 2.06 |
| 2004 | 1.32 |