TATA ELXSI
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The Current P/B Ratio of TATA ELXSI is 16.47.
Share Price | ₹6,585.2 | Nov 22,2024 |
Market Cap | ₹41,025.8 Cr | |
Book Value | ₹2,490.6 Cr | Mar2024 - Standalone Results |
Price/Book | 16.47x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TATA ELXSI
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹41,025.8 Cr] as on Nov 22,2024
(/) Book Value [ ₹2,490.6 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 16.47x ]
Thus, for TATA ELXSI , the investors are currently willing to pay '16.47 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 TATA ELXSI !
The chart below summarizes the trend in P/B Ratio of TATA ELXSI over the last five years.
Historical PB (Price/Book ) ratio chart of TATA ELXSI
PB Ratio Performance Analysis for TATA ELXSI
- TATA ELXSI 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 17.53x.
- TATA ELXSI 's operated at median p/b ratio of 17.8x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TATA ELXSI 's p/b ratio peaked in Mar2022 at 34.39x.
- TATA ELXSI 's p/b ratio hit its five-year low in Mar2020 of 3.6x.
How does TATA ELXSI 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TATA ELXSI | 2,490.63 | 16.47 | 41,025.8 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.98 | 1,536,150.0 |
INFOSYS LTD | 87,203.00 | 9.06 | 790,152.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 7.62 | 515,339.0 |
WIPRO LTD | 73,894.60 | 4.05 | 298,942.0 |
LTIMINDTREE LTD | 19,673.80 | 9.23 | 181,534.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.49 | 171,034.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 12.95 | 100,044.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 18.90 | 89,208.8 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 10.73 | 56,147.3 |
MPHASIS LTD | 8,541.34 | 6.39 | 54,584.4 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs TATA ELXSI 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 4.05x |
Max industry PB | 18.90x |
Median industry PB | 9.23x |
Average industry PB | 10.81x |
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