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NINTEC SYSTEMS
PB (Price/Book ) Ratio

The Current P/B Ratio of NINTEC SYSTEMS is 30.70.

Share Price ₹553.4Dec 20,2024
Market Cap ₹1,029.2 Cr
Book Value₹33.5 CrMar2024 - Standalone Results
Price/Book 30.70xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NINTEC SYSTEMS

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 NINTEC SYSTEMS is calculated as :

Current Market Cap [ ₹1,029.2 Cr] as on Dec 20,2024

(/) Book Value [ ₹33.5 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 30.70x ]

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

Thus, for NINTEC SYSTEMS , the investors are currently willing to pay '30.70 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 NINTEC SYSTEMS !

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

Historical PB (Price/Book ) ratio chart of NINTEC SYSTEMS


PB Ratio Performance Analysis for NINTEC SYSTEMS

- NINTEC SYSTEMS 's latest p/b ratio is 30.70x.

- NINTEC SYSTEMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.93x.

- NINTEC SYSTEMS 's operated at median p/b ratio of 2.29x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NINTEC SYSTEMS 's p/b ratio peaked in Mar2024 at 27.2x.

- NINTEC SYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 0.48x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
NINTEC SYSTEMS 33.5230.701,029.2
TATA CONSULTANCY SERVICES LTD90,489.0016.671,508,040.0
INFOSYS LTD87,203.009.15798,087.0
HCL TECHNOLOGIES LTD67,624.007.67518,636.0
WIPRO LTD73,894.604.32319,428.0
LTIMINDTREE LTD19,673.808.77172,463.0
TECH MAHINDRA LTD26,364.906.26164,945.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.9313.77106,361.0
PERSISTENT SYSTEMS LTD4,720.8720.7898,082.1
L&T TECHNOLOGY SERVICES LTD5,231.009.7851,163.7
TATA ELXSI LTD2,490.6317.3143,118.4

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

Top 10 Industry PeersPB Ratio
Min industry PB 4.32x
Max industry PB 30.70x
Median industry PB 9.78x
Average industry PB 13.20x



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