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DIGISPICE TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of DIGISPICE TECHNOLOGIES is 2.72.

Share Price ₹26.0Apr 18,2024
Market Cap ₹604.2 Cr
Book Value₹222.4 CrMar2023 - Consolidated Results
Price/Book 2.72xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DIGISPICE TECHNOLOGIES

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 DIGISPICE TECHNOLOGIES is calculated as :

Current Market Cap [ ₹604.2 Cr] as on Apr 18,2024

(/) Book Value [ ₹222.4 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.72x ]

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

Thus, for DIGISPICE TECHNOLOGIES , the investors are currently willing to pay '2.72 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 DIGISPICE TECHNOLOGIES !

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

Historical PB (Price/Book ) ratio chart of DIGISPICE TECHNOLOGIES


PB Ratio Performance Analysis for DIGISPICE TECHNOLOGIES

- DIGISPICE TECHNOLOGIES 's latest p/b ratio is 2.72x.

- DIGISPICE TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.96x.

- DIGISPICE TECHNOLOGIES 's operated at median p/b ratio of 1.76x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, DIGISPICE TECHNOLOGIES 's p/b ratio peaked in Mar2021 at 4.49x.

- DIGISPICE TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0.33x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
DIGISPICE TECHNOLOGIES 222.422.72604.2
TATA CONSULTANCY SERVICES LTD90,489.0015.451,397,850.0
INFOSYS LTD88,116.006.69589,652.0
HCL TECHNOLOGIES LTD65,017.006.13398,271.0
WIPRO LTD77,104.703.01232,158.0
LTIMINDTREE LTD16,108.208.65139,345.0
TECH MAHINDRA LTD27,540.404.18115,243.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,305.659.1666,911.7
PERSISTENT SYSTEMS LTD3,735.8415.8459,174.5
L&T TECHNOLOGY SERVICES LTD4,857.1011.4955,796.3
TATA ELXSI LTD2,085.7722.3746,664.7

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.72x
Max industry PB 22.37x
Median industry PB 8.65x
Average industry PB 9.61x



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