AIRAN
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The Current P/B Ratio of AIRAN is 3.15.
Share Price | ₹31.7 | Feb 07,2025 |
Market Cap | ₹396.8 Cr | |
Book Value | ₹126.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.15x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of AIRAN
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹396.8 Cr] as on Feb 07,2025
(/) Book Value [ ₹126.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.15x ]
Thus, for AIRAN , the investors are currently willing to pay '3.15 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 AIRAN !
The chart below summarizes the trend in P/B Ratio of AIRAN over the last five years.
Historical PB (Price/Book ) ratio chart of AIRAN
PB Ratio Performance Analysis for AIRAN
- AIRAN 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.93x.
- AIRAN 's operated at median p/b ratio of 2.19x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, AIRAN 's p/b ratio peaked in Mar2024 at 2.27x.
- AIRAN 's p/b ratio hit its five-year low in Mar2020 of 1.45x.
How does AIRAN 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
AIRAN | 126.03 | 3.15 | 396.8 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.11 | 1,457,850.0 |
INFOSYS LTD | 87,203.00 | 9.06 | 790,074.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 6.93 | 468,392.0 |
WIPRO LTD | 73,894.60 | 4.51 | 333,026.0 |
LTIMINDTREE LTD | 19,673.80 | 8.97 | 176,386.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.28 | 165,585.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 10.64 | 82,169.4 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 20.41 | 96,358.3 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 11.32 | 59,234.3 |
TATA ELXSI LTD | 2,490.63 | 16.09 | 40,065.5 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs AIRAN 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.15x |
Max industry PB | 20.41x |
Median industry PB | 9.06x |
Average industry PB | 10.31x |
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