NINTEC SYSTEMS
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The Current P/B Ratio of NINTEC SYSTEMS is 30.70.
Share Price | ₹553.4 | Dec 20,2024 |
Market Cap | ₹1,029.2 Cr | |
Book Value | ₹33.5 Cr | Mar2024 - Standalone Results |
Price/Book | 30.70x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of NINTEC SYSTEMS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
NINTEC SYSTEMS | 33.52 | 30.70 | 1,029.2 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.67 | 1,508,040.0 |
INFOSYS LTD | 87,203.00 | 9.15 | 798,087.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 7.67 | 518,636.0 |
WIPRO LTD | 73,894.60 | 4.32 | 319,428.0 |
LTIMINDTREE LTD | 19,673.80 | 8.77 | 172,463.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.26 | 164,945.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 13.77 | 106,361.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 20.78 | 98,082.1 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 9.78 | 51,163.7 |
TATA ELXSI LTD | 2,490.63 | 17.31 | 43,118.4 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs NINTEC SYSTEMS 's P/B Ratio
Top 10 Industry Peers | PB 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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