BITS
|
The Current P/B Ratio of BITS is 7.20.
| Share Price | ₹12.9 | Feb 24,2025 |
| Market Cap | ₹144.0 Cr | |
| Book Value | ₹20.0 Cr | Mar2024 - Consolidated Results |
| Price/Book | 7.20x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of BITS
Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹144.0 Cr] as on Feb 24,2025
(/) Book Value [ ₹20.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.20x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for BITS , the investors are currently willing to pay '7.20 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 BITS !
The chart below summarizes the trend in P/B Ratio of BITS over the last five years.
Thus, for BITS , the investors are currently willing to pay '7.20 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 BITS !
The chart below summarizes the trend in P/B Ratio of BITS over the last five years.
Historical PB (Price/Book ) ratio chart of BITS
PB Ratio Performance Analysis for BITS
- BITS 's latest p/b ratio is 7.20x.
- BITS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.38x.
- BITS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BITS 's p/b ratio peaked in Mar2024 at 1.92x.
- BITS 's p/b ratio hit its five-year low in Mar2023 of 0x.
- BITS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.38x.
- BITS 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BITS 's p/b ratio peaked in Mar2024 at 1.92x.
- BITS 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does BITS 's P/B Ratio benchmark against top 10 peers in IT - Education Industry?
| Peer Comparison (IT - Education Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| BITS | 20.00 | 7.20 | 144.0 |
| NIIT LTD | 1,003.84 | 1.65 | 1,653.5 |
| APTECH LTD | 259.48 | 2.60 | 674.0 |
| COMPUCOM SOFTWARE LTD | 142.10 | 1.11 | 157.9 |
IT - Education Industry Benchmark (Top 10) PB Analysis vs BITS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 1.11x |
| Max industry PB | 7.20x |
| Median industry PB | 2.60x |
| Average industry PB | 3.14x |
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