Bharti Airtel Adjusts Valuation Grade, Reflecting Competitive Position in Telecom Sector

Bharti Airtel, a prominent player in the telecom services sector, has recently undergone a valuation adjustment, reflecting a reassessment of its financial metrics. The company's price-to-earnings ratio stands at 39.02, while its price-to-book value is noted at 9.10. Additionally, Bharti Airtel's enterprise value to EBITDA ratio is recorded at 13.20, and its enterprise value to EBIT is 25.84. The company also showcases a PEG ratio of 0.38 and a dividend yield of 0.44%.
In terms of performance, Bharti Airtel has demonstrated a return on capital employed (ROCE) of 15.40% and a return on equity (ROE) of 23.33%. When compared to its peers, Bharti Airtel's valuation appears more favorable, especially against Bharti Hexacom, which is positioned at a significantly higher valuation, and Vodafone Idea, which is currently loss-making. Tata Communications, another competitor, is categorized as attractive but still maintains a higher price-to-earnings ratio than Bharti Airtel.

Overall, Bharti Airtel's recent evaluation revision highlights its competitive standing in the telecom industry, particularly in relation to its peers.