ALL E TECHNOLOGIES
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The Current P/B Ratio of ALL E TECHNOLOGIES is 4.94.
Share Price | ₹241.9 | May 07,2024 |
Market Cap | ₹488.5 Cr | |
Book Value | ₹99.0 Cr | Mar2023 - Consolidated Results |
Price/Book | 4.94x | Calculated as MarketCap/Book Value |
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Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of ALL E TECHNOLOGIES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹488.5 Cr] as on May 07,2024
(/) Book Value [ ₹99.0 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.94x ]
Thus, for ALL E TECHNOLOGIES , the investors are currently willing to pay '4.94 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 ALL E TECHNOLOGIES !
The chart below summarizes the trend in P/B Ratio of ALL E TECHNOLOGIES over the last five years.
Historical PB (Price/Book ) ratio chart of ALL E TECHNOLOGIES
PB Ratio Performance Analysis for ALL E TECHNOLOGIES
- ALL E TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.37x.
- ALL E TECHNOLOGIES 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, ALL E TECHNOLOGIES 's p/b ratio peaked in Mar2023 at 1.86x.
- ALL E TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does ALL E 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 |
---|---|---|---|
ALL E TECHNOLOGIES | 99.00 | 4.94 | 488.5 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 15.91 | 1,439,370.0 |
INFOSYS LTD | 87,203.00 | 6.86 | 598,131.0 |
HCL TECHNOLOGIES LTD | 65,017.00 | 5.55 | 361,107.0 |
WIPRO LTD | 74,533.00 | 3.25 | 242,254.0 |
LTIMINDTREE LTD | 20,026.40 | 6.95 | 139,166.0 |
TECH MAHINDRA LTD | 26,669.40 | 4.73 | 126,222.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,858.84 | 8.44 | 66,359.5 |
PERSISTENT SYSTEMS LTD | 3,735.84 | 13.86 | 51,780.8 |
L&T TECHNOLOGY SERVICES LTD | 5,327.10 | 8.94 | 47,614.1 |
TATA ELXSI LTD | 2,505.66 | 17.73 | 44,428.3 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs ALL E TECHNOLOGIES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.25x |
Max industry PB | 17.73x |
Median industry PB | 6.95x |
Average industry PB | 8.83x |
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