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SAR Televenture (NSE:SARTELE) PB Ratio : 7.43 (As of Oct. 09, 2024)


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What is SAR Televenture PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-10-09), SAR Televenture's share price is ₹307.95. SAR Televenture's Book Value per Share for the quarter that ended in Mar. 2024 was ₹41.45. Hence, SAR Televenture's PB Ratio of today is 7.43.

The historical rank and industry rank for SAR Televenture's PB Ratio or its related term are showing as below:

NSE:SARTELE' s PB Ratio Range Over the Past 10 Years
Min: 4.32   Med: 8.28   Max: 38.61
Current: 7.42

During the past 4 years, SAR Televenture's highest PB Ratio was 38.61. The lowest was 4.32. And the median was 8.28.

NSE:SARTELE's PB Ratio is ranked worse than
93.18% of 352 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs NSE:SARTELE: 7.42

During the past 12 months, SAR Televenture's average Book Value Per Share Growth Rate was 508.40% per year.

Back to Basics: PB Ratio


SAR Televenture PB Ratio Historical Data

The historical data trend for SAR Televenture's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SAR Televenture PB Ratio Chart

SAR Televenture Annual Data
Trend Mar21 Mar22 Mar23 Mar24
PB Ratio
- - - 4.48

SAR Televenture Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
PB Ratio - - - 4.48

Competitive Comparison of SAR Televenture's PB Ratio

For the Telecom Services subindustry, SAR Televenture's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SAR Televenture's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SAR Televenture's PB Ratio distribution charts can be found below:

* The bar in red indicates where SAR Televenture's PB Ratio falls into.



SAR Televenture PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

SAR Televenture's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=307.95/41.453
=7.43

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


SAR Televenture  (NSE:SARTELE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


SAR Televenture PB Ratio Related Terms

Thank you for viewing the detailed overview of SAR Televenture's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SAR Televenture Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
B-16, First floor, Sector 2, Noida, UP, IND, 201301
SAR Televenture Ltd is a passive telecommunication infrastructure-providing company in the business of installing and commissioning telecom towers in India. The company is engaged in General construction (including alteration, addition, repair, and maintenance) of 4G & 5G Networks Towers, carried out on an own-account basis or a fee or contract basis.

SAR Televenture Headlines

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