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DANLAW TECHNOLOGIES INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of DANLAW TECHNOLOGIES INDIA is 23.90.

Share Price ₹1,751.0May 03,2024
Market Cap ₹858.0 Cr
Book Value₹35.9 CrMar2023 - Standalone Results
Price/Book 23.90xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DANLAW TECHNOLOGIES INDIA

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 DANLAW TECHNOLOGIES INDIA is calculated as :

Current Market Cap [ ₹858.0 Cr] as on May 03,2024

(/) Book Value [ ₹35.9 Cr] based on Mar2023 - Standalone Results

(=) P/B Ratio [ 23.90x ]

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

Thus, for DANLAW TECHNOLOGIES INDIA , the investors are currently willing to pay '23.90 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 DANLAW TECHNOLOGIES INDIA !

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

Historical PB (Price/Book ) ratio chart of DANLAW TECHNOLOGIES INDIA


PB Ratio Performance Analysis for DANLAW TECHNOLOGIES INDIA

- DANLAW TECHNOLOGIES INDIA 's latest p/b ratio is 23.90x.

- DANLAW TECHNOLOGIES INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.14x.

- DANLAW TECHNOLOGIES INDIA 's operated at median p/b ratio of 2.28x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DANLAW TECHNOLOGIES INDIA 's p/b ratio peaked in Mar2023 at 6.01x.

- DANLAW TECHNOLOGIES INDIA 's p/b ratio hit its five-year low in Mar2020 of 0.45x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
DANLAW TECHNOLOGIES INDIA 35.9023.90858.0
TATA CONSULTANCY SERVICES LTD90,489.0015.351,389,110.0
INFOSYS LTD87,203.006.74587,950.0
HCL TECHNOLOGIES LTD65,017.005.63365,748.0
WIPRO LTD74,533.003.20238,804.0
LTIMINDTREE LTD20,026.406.88137,848.0
TECH MAHINDRA LTD26,669.404.58122,066.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,858.848.5867,468.1
PERSISTENT SYSTEMS LTD3,735.8413.8851,864.8
L&T TECHNOLOGY SERVICES LTD5,327.109.0848,353.9
TATA ELXSI LTD2,505.6617.6744,276.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.20x
Max industry PB 23.90x
Median industry PB 8.58x
Average industry PB 10.50x



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