TRIGYN TECHNOLOGIES
|
The Current P/B Ratio of TRIGYN TECHNOLOGIES is 0.48.
Share Price | ₹108.4 | Dec 24,2024 |
Market Cap | ₹333.7 Cr | |
Book Value | ₹701.2 Cr | Mar2024 - Consolidated Results |
Price/Book | 0.48x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of TRIGYN TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹333.7 Cr] as on Dec 24,2024
(/) Book Value [ ₹701.2 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 0.48x ]
Thus, for TRIGYN TECHNOLOGIES , the investors are currently willing to pay '0.48 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 TRIGYN TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of TRIGYN TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of TRIGYN TECHNOLOGIES
PB Ratio Performance Analysis for TRIGYN TECHNOLOGIES
- TRIGYN TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 0.40x.
- TRIGYN TECHNOLOGIES 's operated at median p/b ratio of 0.41x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TRIGYN TECHNOLOGIES 's p/b ratio peaked in Mar2022 at 0.68x.
- TRIGYN TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0.14x.
How does TRIGYN TECHNOLOGIES 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
TRIGYN TECHNOLOGIES | 701.21 | 0.48 | 333.7 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.72 | 1,512,600.0 |
INFOSYS LTD | 87,203.00 | 9.09 | 792,793.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 7.61 | 514,592.0 |
WIPRO LTD | 73,894.60 | 4.32 | 319,533.0 |
LTIMINDTREE LTD | 19,673.80 | 8.62 | 169,637.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.33 | 167,010.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 13.80 | 106,648.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 20.73 | 97,863.3 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 9.57 | 50,081.2 |
TATA ELXSI LTD | 2,490.63 | 17.15 | 42,714.9 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs TRIGYN TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.48x |
Max industry PB | 20.73x |
Median industry PB | 9.09x |
Average industry PB | 10.40x |
You may also like the below Video Courses