WIPRO
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The Current P/B Ratio of WIPRO is 4.36.
Share Price | ₹308.1 | Jan 27,2025 |
Market Cap | ₹322,531.4 Cr | |
Book Value | ₹73,894.6 Cr | Mar2024 - Consolidated Results |
Price/Book | 4.36x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of WIPRO
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
WIPRO | 73,894.60 | 4.36 | 322,531.4 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 16.26 | 1,471,190.0 |
INFOSYS LTD | 87,203.00 | 8.68 | 756,585.0 |
HCL TECHNOLOGIES LTD | 67,624.00 | 6.87 | 464,335.0 |
LTIMINDTREE LTD | 19,673.80 | 8.57 | 168,600.0 |
TECH MAHINDRA LTD | 26,364.90 | 6.14 | 161,811.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,725.93 | 10.44 | 80,649.0 |
PERSISTENT SYSTEMS LTD | 4,720.87 | 19.77 | 93,328.1 |
L&T TECHNOLOGY SERVICES LTD | 5,231.00 | 10.62 | 55,574.6 |
TATA ELXSI LTD | 2,490.63 | 15.39 | 38,331.8 |
MPHASIS LTD | 8,541.34 | 6.52 | 55,667.2 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs WIPRO 's P/B Ratio
Top 10 Industry Peers | PB 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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