PERSISTENT SYSTEMS
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The Current P/B Ratio of PERSISTENT SYSTEMS is 20.50.
| Share Price | ₹6,284.2 | Jan 29,2025 |
| Market Cap | ₹96,776.7 Cr | |
| Book Value | ₹4,720.9 Cr | Mar2024 - Consolidated Results |
| Price/Book | 20.50x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of PERSISTENT 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
Current Market Cap [ ₹96,776.7 Cr] as on Jan 29,2025
(/) Book Value [ ₹4,720.9 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 20.50x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for PERSISTENT SYSTEMS , the investors are currently willing to pay '20.50 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 PERSISTENT SYSTEMS !
The chart below summarizes the trend in P/B Ratio of PERSISTENT SYSTEMS over the last five years.
Thus, for PERSISTENT SYSTEMS , the investors are currently willing to pay '20.50 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 PERSISTENT SYSTEMS !
The chart below summarizes the trend in P/B Ratio of PERSISTENT SYSTEMS over the last five years.
Historical PB (Price/Book ) ratio chart of PERSISTENT SYSTEMS
PB Ratio Performance Analysis for PERSISTENT SYSTEMS
- PERSISTENT SYSTEMS 's latest p/b ratio is 20.50x.
- PERSISTENT SYSTEMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.16x.
- PERSISTENT SYSTEMS 's operated at median p/b ratio of 9.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PERSISTENT SYSTEMS 's p/b ratio peaked in Mar2024 at 13.02x.
- PERSISTENT SYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 1.79x.
- PERSISTENT SYSTEMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 8.16x.
- PERSISTENT SYSTEMS 's operated at median p/b ratio of 9.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, PERSISTENT SYSTEMS 's p/b ratio peaked in Mar2024 at 13.02x.
- PERSISTENT SYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 1.79x.
How does PERSISTENT 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 |
|---|---|---|---|
| PERSISTENT SYSTEMS | 4,720.87 | 20.50 | 96,776.7 |
| TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.38 | 1,482,100.0 |
| INFOSYS LTD | 87,203.00 | 8.96 | 780,981.0 |
| HCL TECHNOLOGIES LTD | 67,624.00 | 6.90 | 466,574.0 |
| WIPRO LTD | 73,894.60 | 4.42 | 326,980.0 |
| LTIMINDTREE LTD | 19,673.80 | 8.86 | 174,237.0 |
| TECH MAHINDRA LTD | 26,364.90 | 6.24 | 164,454.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 10.72 | 82,815.0 |
| L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 10.80 | 56,511.1 |
| TATA ELXSI LTD | 2,490.63 | 15.44 | 38,455.4 |
| MPHASIS LTD | 8,541.34 | 6.69 | 57,146.1 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs PERSISTENT SYSTEMS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 4.42x |
| Max industry PB | 20.50x |
| Median industry PB | 8.96x |
| Average industry PB | 10.54x |
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