Home > PB Ratio > ELNET TECHNOLOGIES

ELNET TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of ELNET TECHNOLOGIES is 1.13.

Share Price ₹394.2Feb 18,2025
Market Cap ₹157.7 Cr
Book Value₹139.4 CrMar2024 - Standalone Results
Price/Book 1.13xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for ELNET TECHNOLOGIES
Please provide your vote to see the results

Definition & Calculation of PB (Price/Book ) ratio of ELNET TECHNOLOGIES

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

Applying the above formula, P/B ratio of ELNET TECHNOLOGIES is calculated as :

Current Market Cap [ ₹157.7 Cr] as on Feb 18,2025

(/) Book Value [ ₹139.4 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 1.13x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for ELNET TECHNOLOGIES , the investors are currently willing to pay '1.13 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 ELNET TECHNOLOGIES !

The chart below summarizes the trend in P/B Ratio of ELNET TECHNOLOGIES over the last five years.

Historical PB (Price/Book ) ratio chart of ELNET TECHNOLOGIES


PB Ratio Performance Analysis for ELNET TECHNOLOGIES

- ELNET TECHNOLOGIES 's latest p/b ratio is 1.13x.

- ELNET TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.58x.

- ELNET TECHNOLOGIES 's operated at median p/b ratio of 0.52x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, ELNET TECHNOLOGIES 's p/b ratio peaked in Mar2024 at 0.95x.

- ELNET TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0.37x.


How does ELNET TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
ELNET TECHNOLOGIES 139.361.13157.7
TATA CONSULTANCY SERVICES LTD90,489.0015.471,400,000.0
INFOSYS LTD87,203.008.82768,879.0
HCL TECHNOLOGIES LTD67,624.006.92468,039.0
WIPRO LTD73,894.604.42326,816.0
LTIMINDTREE LTD19,673.808.54167,961.0
TECH MAHINDRA LTD26,364.906.33166,843.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.939.8475,990.4
PERSISTENT SYSTEMS LTD4,720.8718.9289,295.9
L&T TECHNOLOGY SERVICES LTD5,231.009.9852,215.1
TATA ELXSI LTD2,490.6315.2638,001.1

IT - Software Industry Benchmark (Top 10) PB Analysis vs ELNET TECHNOLOGIES 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 1.13x
Max industry PB 18.92x
Median industry PB 8.82x
Average industry PB 9.60x



You may also like the below Video Courses