INFOSYS
|
The Current P/B Ratio of INFOSYS is 6.82.
Share Price | ₹1,432.5 | Apr 22,2024 |
Market Cap | ₹594,616.4 Cr | |
Book Value | ₹87,203.0 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.82x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of INFOSYS
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹594,616.4 Cr] as on Apr 22,2024
(/) Book Value [ ₹87,203.0 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.82x ]
Thus, for INFOSYS , the investors are currently willing to pay '6.82 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 INFOSYS !
The chart below summarizes the trend in P/B Ratio of INFOSYS over the last five years.
Historical PB (Price/Book ) ratio chart of INFOSYS
PB Ratio Performance Analysis for INFOSYS
- INFOSYS 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.51x.
- INFOSYS 's operated at median p/b ratio of 7.65x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, INFOSYS 's p/b ratio peaked in Mar2022 at 10.7x.
- INFOSYS 's p/b ratio hit its five-year low in Mar2020 of 4.17x.
How does INFOSYS 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
INFOSYS | 87,203.00 | 6.82 | 594,616.4 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 15.46 | 1,398,550.0 |
HCL TECHNOLOGIES LTD | 65,017.00 | 6.12 | 397,769.0 |
WIPRO LTD | 74,533.00 | 3.24 | 241,381.0 |
LTIMINDTREE LTD | 16,108.20 | 8.60 | 138,597.0 |
TECH MAHINDRA LTD | 27,540.40 | 4.28 | 117,963.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,305.65 | 8.94 | 65,345.4 |
PERSISTENT SYSTEMS LTD | 3,735.84 | 14.48 | 54,080.8 |
L&T TECHNOLOGY SERVICES LTD | 4,857.10 | 11.29 | 54,855.1 |
TATA ELXSI LTD | 2,085.77 | 22.20 | 46,309.7 |
MPHASIS LTD | 7,731.08 | 5.47 | 42,280.4 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs INFOSYS 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.24x |
Max industry PB | 22.20x |
Median industry PB | 8.60x |
Average industry PB | 9.72x |
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