FIDEL SOFTECH
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The Current P/B Ratio of FIDEL SOFTECH is 4.54.
| Share Price | ₹106.7 | May 18,2024 |
| Market Cap | ₹147.2 Cr | |
| Book Value | ₹32.4 Cr | Mar2023 - Standalone Results |
| Price/Book | 4.54x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of FIDEL SOFTECH
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
Current Market Cap [ ₹147.2 Cr] as on May 18,2024
(/) Book Value [ ₹32.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 4.54x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for FIDEL SOFTECH , the investors are currently willing to pay '4.54 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 FIDEL SOFTECH !
The chart below summarizes the trend in P/B Ratio of FIDEL SOFTECH over the last five years.
Thus, for FIDEL SOFTECH , the investors are currently willing to pay '4.54 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 FIDEL SOFTECH !
The chart below summarizes the trend in P/B Ratio of FIDEL SOFTECH over the last five years.
Historical PB (Price/Book ) ratio chart of FIDEL SOFTECH
PB Ratio Performance Analysis for FIDEL SOFTECH
- FIDEL SOFTECH 's latest p/b ratio is 4.54x.
- FIDEL SOFTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.65x.
- FIDEL SOFTECH 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, FIDEL SOFTECH 's p/b ratio peaked in Mar2023 at 2.59x.
- FIDEL SOFTECH 's p/b ratio hit its five-year low in Mar2022 of 0x.
- FIDEL SOFTECH 's p/b ratio for fiscal years ending Mar2023 to Mar2020 averaged 0.65x.
- FIDEL SOFTECH 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 4 fiscal years, FIDEL SOFTECH 's p/b ratio peaked in Mar2023 at 2.59x.
- FIDEL SOFTECH 's p/b ratio hit its five-year low in Mar2022 of 0x.
How does FIDEL SOFTECH 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
| Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| FIDEL SOFTECH | 32.40 | 4.54 | 147.2 |
| TATA CONSULTANCY SERVICES LTD | 90,489.00 | 15.39 | 1,392,960.0 |
| INFOSYS LTD | 87,203.00 | 6.87 | 599,376.0 |
| HCL TECHNOLOGIES LTD | 65,017.00 | 5.59 | 363,265.0 |
| WIPRO LTD | 74,533.00 | 3.24 | 241,720.0 |
| LTIMINDTREE LTD | 20,026.40 | 7.03 | 140,704.0 |
| TECH MAHINDRA LTD | 26,669.40 | 4.78 | 127,538.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,858.84 | 8.60 | 67,592.5 |
| PERSISTENT SYSTEMS LTD | 3,735.84 | 14.55 | 54,345.8 |
| L&T TECHNOLOGY SERVICES LTD | 5,327.10 | 8.84 | 47,088.5 |
| TATA ELXSI LTD | 2,505.66 | 18.17 | 45,530.9 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs FIDEL SOFTECH 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 3.24x |
| Max industry PB | 18.17x |
| Median industry PB | 7.03x |
| Average industry PB | 8.87x |
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