COFORGE
|
The Current P/B Ratio of COFORGE is 6.26.
| Share Price | ₹1,348.5 | May 18,2026 |
| Market Cap | ₹59,695.9 Cr | |
| Book Value | ₹9,537.6 Cr | Mar2026 - Consolidated Results |
| Price/Book | 6.26x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of COFORGE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹59,695.9 Cr] as on May 18,2026
(/) Book Value [ ₹9,537.6 Cr] based on Mar2026 - Consolidated Results
(=) P/B Ratio [ 6.26x ]
Thus, for COFORGE , the investors are currently willing to pay '6.26 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 COFORGE !
The chart below summarizes the trend in P/B Ratio of COFORGE over the last five years.
Historical PB (Price/Book ) ratio chart of COFORGE
PB Ratio Performance Analysis for COFORGE
- COFORGE 's p/b ratio for fiscal years ending Mar2025 to Mar2021 averaged 8.70x.
- COFORGE 's operated at median p/b ratio of 8.74x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, COFORGE 's p/b ratio peaked in Mar2022 at 10.14x.
- COFORGE 's p/b ratio hit its five-year low in Mar2021 of 7.35x.
How does COFORGE 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
| Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| COFORGE | 9,537.60 | 6.26 | 59,695.9 |
| TATA CONSULTANCY SERVICES LTD | 107,240.00 | 7.71 | 826,444.0 |
| INFOSYS LTD | 91,314.00 | 5.07 | 463,314.0 |
| HCL TECHNOLOGIES LTD | 75,165.00 | 4.14 | 311,203.0 |
| WIPRO LTD | 87,744.80 | 2.30 | 201,730.0 |
| TECH MAHINDRA LTD | 29,615.40 | 4.73 | 140,178.0 |
| LTIMINDTREE LTD | 23,868.20 | 5.07 | 121,004.0 |
| PERSISTENT SYSTEMS LTD | 7,837.85 | 9.95 | 77,990.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,826.50 | 10.46 | 81,890.1 |
| L&T TECHNOLOGY SERVICES LTD | 6,411.60 | 5.87 | 37,664.4 |
| MPHASIS LTD | 10,548.70 | 3.89 | 40,982.0 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs COFORGE 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 2.30x |
| Max industry PB | 10.46x |
| Median industry PB | 5.07x |
| Average industry PB | 5.95x |
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