AIONTECH SOLUTIONS
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The Current P/B Ratio of AIONTECH SOLUTIONS is 3.77.
Share Price | ₹73.0 | Nov 19,2024 |
Market Cap | ₹252.6 Cr | |
Book Value | ₹67.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.77x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of AIONTECH SOLUTIONS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹252.6 Cr] as on Nov 19,2024
(/) Book Value [ ₹67.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.77x ]
Thus, for AIONTECH SOLUTIONS , the investors are currently willing to pay '3.77 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of AIONTECH SOLUTIONS !
The chart below summarizes the trend in P/B Ratio of AIONTECH SOLUTIONS over the last five years.
Historical PB (Price/Book ) ratio chart of AIONTECH SOLUTIONS
PB Ratio Performance Analysis for AIONTECH SOLUTIONS
- AIONTECH SOLUTIONS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.72x.
- AIONTECH SOLUTIONS 's operated at median p/b ratio of 2.29x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AIONTECH SOLUTIONS 's p/b ratio peaked in Mar2024 at 6.63x.
- AIONTECH SOLUTIONS 's p/b ratio hit its five-year low in Mar2020 of 0.3x.
How does AIONTECH SOLUTIONS 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AIONTECH SOLUTIONS | 67.07 | 3.77 | 252.6 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.15 | 1,461,450.0 |
INFOSYS LTD | 87,203.00 | 8.69 | 758,013.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 7.30 | 493,941.0 |
WIPRO LTD | 73,894.60 | 3.98 | 293,842.0 |
LTIMINDTREE LTD | 19,673.80 | 8.85 | 174,055.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.31 | 166,287.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 12.53 | 96,841.7 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 18.61 | 87,870.1 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 10.39 | 54,325.2 |
TATA ELXSI LTD | 2,490.63 | 16.38 | 40,788.1 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs AIONTECH SOLUTIONS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.77x |
Max industry PB | 18.61x |
Median industry PB | 8.85x |
Average industry PB | 10.27x |
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