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RATEGAIN TRAVEL TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of RATEGAIN TRAVEL TECHNOLOGIES is 6.17.

Share Price ₹751.5Oct 31,2024
Market Cap ₹8,859.6 Cr
Book Value₹1,435.8 CrMar2024 - Consolidated Results
Price/Book 6.17xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of RATEGAIN TRAVEL 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 RATEGAIN TRAVEL TECHNOLOGIES is calculated as :

Current Market Cap [ ₹8,859.6 Cr] as on Oct 31,2024

(/) Book Value [ ₹1,435.8 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 6.17x ]

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

Thus, for RATEGAIN TRAVEL TECHNOLOGIES , the investors are currently willing to pay '6.17 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 RATEGAIN TRAVEL TECHNOLOGIES !

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

Historical PB (Price/Book ) ratio chart of RATEGAIN TRAVEL TECHNOLOGIES


PB Ratio Performance Analysis for RATEGAIN TRAVEL TECHNOLOGIES

- RATEGAIN TRAVEL TECHNOLOGIES 's latest p/b ratio is 6.17x.

- RATEGAIN TRAVEL TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.43x.

- RATEGAIN TRAVEL TECHNOLOGIES 's operated at median p/b ratio of 5.32x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RATEGAIN TRAVEL TECHNOLOGIES 's p/b ratio peaked in Mar2022 at 5.98x.

- RATEGAIN TRAVEL TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2021 of 0x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
RATEGAIN TRAVEL TECHNOLOGIES 1,435.786.178,859.6
TATA CONSULTANCY SERVICES LTD90,489.0015.881,436,830.0
INFOSYS LTD87,203.008.37729,597.0
HCL TECHNOLOGIES LTD67,624.007.09479,762.0
WIPRO LTD73,894.603.91288,681.0
LTIMINDTREE LTD19,673.808.59168,955.0
TECH MAHINDRA LTD26,364.905.97157,357.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.9312.2394,515.1
PERSISTENT SYSTEMS LTD4,720.8717.5482,797.2
L&T TECHNOLOGY SERVICES LTD5,231.0010.0152,372.5
TATA ELXSI LTD2,490.6317.5843,791.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.91x
Max industry PB 17.58x
Median industry PB 8.59x
Average industry PB 10.30x



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