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DRC SYSTEMS INDIA
PB (Price/Book ) Ratio

The Current P/B Ratio of DRC SYSTEMS INDIA is 7.68.

Share Price ₹19.6Apr 22,2024
Market Cap ₹259.4 Cr
Book Value₹33.8 CrMar2023 - Consolidated Results
Price/Book 7.68xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of DRC SYSTEMS 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 DRC SYSTEMS INDIA is calculated as :

Current Market Cap [ ₹259.4 Cr] as on Apr 22,2024

(/) Book Value [ ₹33.8 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 7.68x ]

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

Thus, for DRC SYSTEMS INDIA , the investors are currently willing to pay '7.68 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 DRC SYSTEMS INDIA !

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

Historical PB (Price/Book ) ratio chart of DRC SYSTEMS INDIA


PB Ratio Performance Analysis for DRC SYSTEMS INDIA

- DRC SYSTEMS INDIA 's latest p/b ratio is 7.68x.

- DRC SYSTEMS INDIA 's p/b ratio for fiscal years ending Mar2023 to Mar2022 averaged 14.15x.

- DRC SYSTEMS INDIA 's operated at median p/b ratio of 22.02x from fiscal years ending March 2018 to 2022.

- Looking back at the last 2 fiscal years, DRC SYSTEMS INDIA 's p/b ratio peaked in Mar2022 at 22.02x.

- DRC SYSTEMS INDIA 's p/b ratio hit its five-year low in Mar2023 of 6.28x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
DRC SYSTEMS INDIA 33.777.68259.4
TATA CONSULTANCY SERVICES LTD90,489.0015.461,398,550.0
INFOSYS LTD87,203.006.82594,612.0
HCL TECHNOLOGIES LTD65,017.006.12397,769.0
WIPRO LTD74,533.003.24241,381.0
LTIMINDTREE LTD16,108.208.60138,597.0
TECH MAHINDRA LTD27,540.404.28117,963.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,305.658.9465,345.4
PERSISTENT SYSTEMS LTD3,735.8414.4854,080.8
L&T TECHNOLOGY SERVICES LTD4,857.1011.2954,855.1
TATA ELXSI LTD2,085.7722.2046,309.7

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.24x
Max industry PB 22.20x
Median industry PB 8.60x
Average industry PB 9.92x



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