TANLA PLATFORMS
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The Current P/B Ratio of TANLA PLATFORMS is 4.93.
| Share Price | ₹701.5 | Dec 12,2024 |
| Market Cap | ₹9,441.5 Cr | |
| Book Value | ₹1,914.1 Cr | Mar2024 - Consolidated Results |
| Price/Book | 4.93x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TANLA PLATFORMS
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 [ ₹9,441.5 Cr] as on Dec 12,2024
(/) Book Value [ ₹1,914.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 4.93x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for TANLA PLATFORMS , the investors are currently willing to pay '4.93 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 TANLA PLATFORMS !
The chart below summarizes the trend in P/B Ratio of TANLA PLATFORMS over the last five years.
Thus, for TANLA PLATFORMS , the investors are currently willing to pay '4.93 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 TANLA PLATFORMS !
The chart below summarizes the trend in P/B Ratio of TANLA PLATFORMS over the last five years.
Historical PB (Price/Book ) ratio chart of TANLA PLATFORMS
PB Ratio Performance Analysis for TANLA PLATFORMS
- TANLA PLATFORMS 's latest p/b ratio is 4.93x.
- TANLA PLATFORMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.87x.
- TANLA PLATFORMS 's operated at median p/b ratio of 5.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TANLA PLATFORMS 's p/b ratio peaked in Mar2022 at 15.41x.
- TANLA PLATFORMS 's p/b ratio hit its five-year low in Mar2020 of 1.02x.
- TANLA PLATFORMS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.87x.
- TANLA PLATFORMS 's operated at median p/b ratio of 5.75x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TANLA PLATFORMS 's p/b ratio peaked in Mar2022 at 15.41x.
- TANLA PLATFORMS 's p/b ratio hit its five-year low in Mar2020 of 1.02x.
How does TANLA PLATFORMS 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
| Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| TANLA PLATFORMS | 1,914.12 | 4.93 | 9,441.5 |
| TATA CONSULTANCY SERVICES LTD | 90,489.00 | 17.82 | 1,612,560.0 |
| INFOSYS LTD | 87,203.00 | 9.46 | 824,948.0 |
| HCL TECHNOLOGIES LTD | 67,624.00 | 7.77 | 525,271.0 |
| WIPRO LTD | 73,894.60 | 4.38 | 323,422.0 |
| LTIMINDTREE LTD | 19,673.80 | 10.04 | 197,585.0 |
| TECH MAHINDRA LTD | 26,364.90 | 6.64 | 175,162.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 13.60 | 105,049.0 |
| PERSISTENT SYSTEMS LTD | 4,720.87 | 21.00 | 99,139.6 |
| L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 10.97 | 57,385.1 |
| TATA ELXSI LTD | 2,490.63 | 18.32 | 45,620.3 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs TANLA PLATFORMS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 4.38x |
| Max industry PB | 21.00x |
| Median industry PB | 10.04x |
| Average industry PB | 11.36x |
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