BRIGHTCOM GROUP
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The Current P/B Ratio of BRIGHTCOM GROUP is 1.32.
Share Price | ₹10.3 | Dec 30,2024 |
Market Cap | ₹2,075.0 Cr | |
Book Value | ₹1,574.4 Cr | Mar2023 - Standalone Results |
Price/Book | 1.32x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of BRIGHTCOM GROUP
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,075.0 Cr] as on Dec 30,2024
(/) Book Value [ ₹1,574.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 1.32x ]
Thus, for BRIGHTCOM GROUP , the investors are currently willing to pay '1.32 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 BRIGHTCOM GROUP !
The chart below summarizes the trend in P/B Ratio of BRIGHTCOM GROUP over the last five years.
Historical PB (Price/Book ) ratio chart of BRIGHTCOM GROUP
PB Ratio Performance Analysis for BRIGHTCOM GROUP
- BRIGHTCOM GROUP 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.04x.
- BRIGHTCOM GROUP 's operated at median p/b ratio of 0.68x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, BRIGHTCOM GROUP 's p/b ratio peaked in Mar2022 at 12.13x.
- BRIGHTCOM GROUP 's p/b ratio hit its five-year low in Mar2020 of 0.25x.
How does BRIGHTCOM GROUP 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
BRIGHTCOM GROUP | 1,574.39 | 1.32 | 2,075.0 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.73 | 1,513,900.0 |
INFOSYS LTD | 87,203.00 | 9.32 | 812,869.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 7.91 | 534,972.0 |
WIPRO LTD | 73,894.60 | 4.30 | 317,898.0 |
LTIMINDTREE LTD | 19,673.80 | 8.66 | 170,423.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.41 | 169,100.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 14.21 | 109,818.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 21.15 | 99,831.3 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 9.71 | 50,784.2 |
TATA ELXSI LTD | 2,490.63 | 16.76 | 41,745.4 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs BRIGHTCOM GROUP 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.32x |
Max industry PB | 21.15x |
Median industry PB | 9.32x |
Average industry PB | 10.59x |
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