Vodafone Idea Limited provides mobile telecommunication services in India. It offers voice and data services on 2G, 3G, and 4G technologies; broadband services; content services; digital and Internet of thing services; and other value added services, including entertainment, voice and SMS based, and utility services. The company also provides long distance and ISP services; passive infrastructure services; manpower services; fiber infrastructure services; and business and enterprise services. It also trades in mobile handsets, data cards, and related accessories. As of June 30, 2022, it had approximately 226.1 million mobile subscribers. The company was formerly known as Idea Cellular Limited and changed its name to Vodafone Idea Limited in August 2018. Vodafone Idea Limited was incorporated in 1995 and is based in Mumbai, India.
P/B ratio for Vodafone Idea Limited (IDEA.NS)
P/B ratio as of 2023: -0.65
According to Vodafone Idea Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -0.65. At the end of 2022 the company had a P/B ratio of -0.27.
P/B ratio history for Vodafone Idea Limited from 2001 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -0.65 |
| 2022 | -0.27 |
| 2021 | -0.45 |
| 2020 | -0.70 |
| 2019 | 1.49 |
| 2018 | 0.86 |
| 2017 | 4.95 |
| 2016 | 6.02 |
| 2015 | 7.42 |
| 2014 | 13.85 |
| 2013 | 14.42 |
| 2012 | 13.93 |
| 2011 | 13.13 |
| 2010 | 9.51 |
| 2009 | 9.99 |
| 2008 | 6.55 |
| 2007 | 50.22 |
| 2006 | 75.25 |
| 2005 | 132.30 |
| 2004 | 161.49 |
| 2003 | 174.44 |
| 2002 | 156.29 |
| 2001 | 159.65 |