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TATA ELXSI
PB (Price/Book ) Ratio

The Current P/B Ratio of TATA ELXSI is 16.69.

Share Price ₹6,670.5Nov 29,2024
Market Cap ₹41,557.2 Cr
Book Value₹2,490.6 CrMar2024 - Standalone Results
Price/Book 16.69xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of TATA ELXSI

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 TATA ELXSI is calculated as :

Current Market Cap [ ₹41,557.2 Cr] as on Nov 29,2024

(/) Book Value [ ₹2,490.6 Cr] based on Mar2024 - Standalone Results

(=) P/B Ratio [ 16.69x ]

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

Thus, for TATA ELXSI , the investors are currently willing to pay '16.69 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 latest p/b ratio is 16.69x.

- 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 ValuePB RatioMarket Cap
TATA ELXSI 2,490.6316.6941,557.2
TATA CONSULTANCY SERVICES LTD90,489.0017.091,546,210.0
INFOSYS LTD87,203.008.85771,674.0
HCL TECHNOLOGIES LTD67,624.007.42501,730.0
WIPRO LTD73,894.604.09302,389.0
LTIMINDTREE LTD19,673.809.29182,852.0
TECH MAHINDRA LTD26,364.906.35167,496.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.9313.14101,509.0
PERSISTENT SYSTEMS LTD4,720.8719.2891,001.2
L&T TECHNOLOGY SERVICES LTD5,231.0010.6955,911.8
MPHASIS LTD8,541.346.6056,398.9

IT - Software Industry Benchmark (Top 10) PB Analysis vs TATA ELXSI 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 4.09x
Max industry PB 19.28x
Median industry PB 9.29x
Average industry PB 10.86x



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