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BRIGHTCOM GROUP
PB (Price/Book ) Ratio

The Current P/B Ratio of BRIGHTCOM GROUP is 1.88.

Share Price ₹15.1Apr 24,2024
Market Cap ₹3,037.8 Cr
Book Value₹1,619.8 CrMar2022 - Standalone Results
Price/Book 1.88xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of BRIGHTCOM GROUP

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 BRIGHTCOM GROUP is calculated as :

Current Market Cap [ ₹3,037.8 Cr] as on Apr 24,2024

(/) Book Value [ ₹1,619.8 Cr] based on Mar2022 - Standalone Results

(=) P/B Ratio [ 1.88x ]

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

Thus, for BRIGHTCOM GROUP , the investors are currently willing to pay '1.88 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 BRIGHTCOM GROUP !

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

Historical PB (Price/Book ) ratio chart of BRIGHTCOM GROUP


PB Ratio Performance Analysis for BRIGHTCOM GROUP

- BRIGHTCOM GROUP 's latest p/b ratio is 1.88x.

- BRIGHTCOM GROUP 's p/b ratio for fiscal years ending Mar2022 to Mar2018 averaged 2.74x.

- BRIGHTCOM GROUP 's operated at median p/b ratio of 0.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, BRIGHTCOM GROUP 's p/b ratio peaked in Mar2022 at 12.13x.

- BRIGHTCOM GROUP 's p/b ratio hit its five-year low in Mar2020 of 0.25x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
BRIGHTCOM GROUP 1,619.761.883,037.8
TATA CONSULTANCY SERVICES LTD90,489.0015.321,386,180.0
INFOSYS LTD87,203.006.82594,342.0
HCL TECHNOLOGIES LTD65,017.006.18401,527.0
WIPRO LTD74,533.003.23240,467.0
LTIMINDTREE LTD20,026.407.00140,161.0
TECH MAHINDRA LTD27,540.404.21115,858.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,305.658.7363,787.4
PERSISTENT SYSTEMS LTD3,735.8414.2953,396.0
L&T TECHNOLOGY SERVICES LTD4,857.1011.3955,328.8
TATA ELXSI LTD2,505.6617.4943,812.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 1.88x
Max industry PB 17.49x
Median industry PB 7.00x
Average industry PB 8.77x



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