CIGNITI TECHNOLOGIES
|
The Current P/B Ratio of CIGNITI TECHNOLOGIES is 5.23.
Share Price | ₹1,400.5 | Apr 01,2025 |
Market Cap | ₹3,837.2 Cr | |
Book Value | ₹733.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 5.23x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of CIGNITI TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹3,837.2 Cr] as on Apr 01,2025
(/) Book Value [ ₹733.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 5.23x ]
Thus, for CIGNITI TECHNOLOGIES , the investors are currently willing to pay '5.23 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 CIGNITI TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of CIGNITI TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of CIGNITI TECHNOLOGIES
PB Ratio Performance Analysis for CIGNITI TECHNOLOGIES
- CIGNITI TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.05x.
- CIGNITI TECHNOLOGIES 's operated at median p/b ratio of 2.62x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, CIGNITI TECHNOLOGIES 's p/b ratio peaked in Mar2024 at 4.71x.
- CIGNITI TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 2.07x.
How does CIGNITI TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
CIGNITI TECHNOLOGIES | 733.44 | 5.23 | 3,837.2 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 14.20 | 1,284,550.0 |
INFOSYS LTD | 87,203.00 | 7.28 | 634,411.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 6.14 | 415,042.0 |
WIPRO LTD | 73,894.60 | 3.72 | 275,051.0 |
TECH MAHINDRA LTD | 26,364.90 | 5.18 | 136,491.0 |
LTIMINDTREE LTD | 19,673.80 | 6.66 | 131,090.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 16.99 | 80,200.7 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 8.53 | 65,864.4 |
COFORGE LTD | 3,584.60 | 14.52 | 52,038.4 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 9.24 | 48,343.1 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs CIGNITI TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.72x |
Max industry PB | 16.99x |
Median industry PB | 7.28x |
Average industry PB | 8.88x |
You may also like the below Video Courses