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NAZARA TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of NAZARA TECHNOLOGIES is 3.52.

Share Price ₹920.0Nov 22,2024
Market Cap ₹7,038.0 Cr
Book Value₹1,996.9 CrMar2024 - Consolidated Results
Price/Book 3.52xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NAZARA 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 NAZARA TECHNOLOGIES is calculated as :

Current Market Cap [ ₹7,038.0 Cr] as on Nov 22,2024

(/) Book Value [ ₹1,996.9 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 3.52x ]

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

Thus, for NAZARA TECHNOLOGIES , the investors are currently willing to pay '3.52 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 NAZARA TECHNOLOGIES !

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

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


PB Ratio Performance Analysis for NAZARA TECHNOLOGIES

- NAZARA TECHNOLOGIES 's latest p/b ratio is 3.52x.

- NAZARA TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.55x.

- NAZARA TECHNOLOGIES 's operated at median p/b ratio of 3.09x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAZARA TECHNOLOGIES 's p/b ratio peaked in Mar2021 at 6.91x.

- NAZARA TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
NAZARA TECHNOLOGIES 1,996.933.527,038.0
TATA CONSULTANCY SERVICES LTD90,489.0016.981,536,150.0
INFOSYS LTD87,203.009.06790,152.0
HCL TECHNOLOGIES LTD67,624.007.62515,339.0
WIPRO LTD73,894.604.05298,942.0
LTIMINDTREE LTD19,673.809.23181,534.0
TECH MAHINDRA LTD26,364.906.49171,034.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.9312.95100,044.0
PERSISTENT SYSTEMS LTD4,720.8718.9089,208.8
L&T TECHNOLOGY SERVICES LTD5,231.0010.7356,147.3
TATA ELXSI LTD2,490.6316.4741,013.9

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.52x
Max industry PB 18.90x
Median industry PB 9.23x
Average industry PB 10.54x



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