DIGISPICE TECHNOLOGIES
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The Current P/B Ratio of DIGISPICE TECHNOLOGIES is 3.09.
Share Price | ₹31.4 | Dec 26,2024 |
Market Cap | ₹733.5 Cr | |
Book Value | ₹237.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 3.09x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of DIGISPICE TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹733.5 Cr] as on Dec 26,2024
(/) Book Value [ ₹237.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 3.09x ]
Thus, for DIGISPICE TECHNOLOGIES , the investors are currently willing to pay '3.09 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 DIGISPICE TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of DIGISPICE TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of DIGISPICE TECHNOLOGIES
PB Ratio Performance Analysis for DIGISPICE TECHNOLOGIES
- DIGISPICE TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 2.27x.
- DIGISPICE TECHNOLOGIES 's operated at median p/b ratio of 2.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, DIGISPICE TECHNOLOGIES 's p/b ratio peaked in Mar2021 at 4.49x.
- DIGISPICE TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0.33x.
How does DIGISPICE 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 |
---|---|---|---|
DIGISPICE TECHNOLOGIES | 237.53 | 3.09 | 733.5 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.67 | 1,508,240.0 |
INFOSYS LTD | 87,203.00 | 9.08 | 791,506.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 7.63 | 515,990.0 |
WIPRO LTD | 73,894.60 | 4.31 | 318,788.0 |
LTIMINDTREE LTD | 19,673.80 | 8.66 | 170,392.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.31 | 166,281.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 13.83 | 106,875.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 20.88 | 98,552.0 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 9.45 | 49,420.5 |
TATA ELXSI LTD | 2,490.63 | 17.24 | 42,927.2 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs DIGISPICE TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.09x |
Max industry PB | 20.88x |
Median industry PB | 9.08x |
Average industry PB | 10.65x |
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