Tata Teleservices (TTML.NS)

P/B ratio as of October 2024 : -0.8251

According to Tata Teleservices 's latest financial reports the company has a price-to-book ratio of -0.8251.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tata Teleservices - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	-0.9374	-2.62%
2022-12-31	-0.9626	-55.49%
2021-12-31	-2.16	2368.91%
2020-12-31	-0.0876	228.93%
2019-12-31	-0.0266	-49.56%
2018-12-31	-0.0528	-45.53%
2017-12-31	-0.0969	-66.23%
2016-12-31	-0.2871	-41.75%
2015-12-31	-0.4928	-10.01%
2014-12-31	-0.5476	-22.61%
2013-12-31	-0.7075	-61.99%
2012-12-31	-1.86

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Tata Teleservices (TTML.NS) - P/B ratio