PT Tower Bersama Infrastructure Tbk, together with its subsidiaries, provides telecommunication infrastructure space for installation of telecommunication equipment in Indonesia. It leases space for antennas and other equipment for wireless signal transmission at tower sites with telecommunications operators. The company also provides telecommunications operators with access to its distributed antennae system (DAS) networks in shopping malls and office buildings in urban areas. As of December 31, 2021, it had 39,088 tenants; and 20,578 telecommunications sites comprising 20,466 telecommunications towers and 112 DAS networks. The company was formerly known as PT Banyan Mas. PT Tower Bersama Infrastructure Tbk was founded in 2004 and is headquartered in Jakarta Selatan, Indonesia.
P/B ratio for PT Tower Bersama Infrastructure Tbk (TBIG.JK)
P/B ratio as of 2023: 4.03
According to PT Tower Bersama Infrastructure Tbk's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 4.03. At the end of 2022 the company had a P/B ratio of 4.97.
P/B ratio history for PT Tower Bersama Infrastructure Tbk from 2009 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 4.03 |
| 2022 | 4.97 |
| 2021 | 6.64 |
| 2020 | 3.90 |
| 2019 | 5.14 |
| 2018 | 4.65 |
| 2017 | 9.25 |
| 2016 | 14.47 |
| 2015 | 18.02 |
| 2014 | 11.54 |
| 2013 | 6.98 |
| 2012 | 6.35 |
| 2011 | 4.31 |
| 2010 | 4.55 |
| 2009 | 0.00 |