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WIPRO
PB (Price/Book ) Ratio

The Current P/B Ratio of WIPRO is 4.36.

Share Price ₹308.1Jan 27,2025
Market Cap ₹322,531.4 Cr
Book Value₹73,894.6 CrMar2024 - Consolidated Results
Price/Book 4.36xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of WIPRO

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 WIPRO is calculated as :

Current Market Cap [ ₹322,531.4 Cr] as on Jan 27,2025

(/) Book Value [ ₹73,894.6 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.36x ]

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

Thus, for WIPRO , the investors are currently willing to pay '4.36 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 WIPRO !

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

Historical PB (Price/Book ) ratio chart of WIPRO


PB Ratio Performance Analysis for WIPRO

- WIPRO 's latest p/b ratio is 4.36x.

- WIPRO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.44x.

- WIPRO 's operated at median p/b ratio of 3.39x from fiscal years ending March 2018 to 2022.

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

- WIPRO 's p/b ratio hit its five-year low in Mar2020 of 2.04x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
WIPRO 73,894.604.36322,531.4
TATA CONSULTANCY SERVICES LTD90,489.0016.261,471,190.0
INFOSYS LTD87,203.008.68756,585.0
HCL TECHNOLOGIES LTD67,624.006.87464,335.0
LTIMINDTREE LTD19,673.808.57168,600.0
TECH MAHINDRA LTD26,364.906.14161,811.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.9310.4480,649.0
PERSISTENT SYSTEMS LTD4,720.8719.7793,328.1
L&T TECHNOLOGY SERVICES LTD5,231.0010.6255,574.6
TATA ELXSI LTD2,490.6315.3938,331.8
MPHASIS LTD8,541.346.5255,667.2

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

Top 10 Industry PeersPB Ratio
Min industry PB 4.36x
Max industry PB 19.77x
Median industry PB 8.68x
Average industry PB 10.33x



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