PT Sarana Menara Nusantara Tbk. owns and operates telecommunication towers for wireless operators in Indonesia. The company operates in two segments, Tower Rental, and Very Small Aperture Terminal (VSAT) and Wireline Services. It leases space at its multi-tenant tower for wireless operators under long term lease agreements; and provides fiber optic network, as well as offers VSAT solution to facilitate communication access to remote locations. The company was founded in 2008 and is headquartered in Kudus, Indonesia. PT Sarana Menara Nusantara Tbk. is a subsidiary of PT Sapta Adhikari Investama.
P/B ratio for PT Sarana Menara Nusantara Tbk. (TOWR.JK)
P/B ratio as of 2023: 3.00
According to PT Sarana Menara Nusantara Tbk.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.00. At the end of 2022 the company had a P/B ratio of 3.80.
P/B ratio history for PT Sarana Menara Nusantara Tbk. from 2008 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.00 |
| 2022 | 3.80 |
| 2021 | 4.66 |
| 2020 | 4.74 |
| 2019 | 4.65 |
| 2018 | 4.38 |
| 2017 | 5.75 |
| 2016 | 3.41 |
| 2015 | 6.31 |
| 2014 | 9.05 |
| 2013 | 7.69 |
| 2012 | 6.87 |
| 2011 | 6.72 |
| 2010 | 10.79 |
| 2009 | 1.38 |
| 2008 | 0.00 |