Home > PB Ratio > LTIMINDTREE

LTIMINDTREE
PB (Price/Book ) Ratio

The Current P/B Ratio of LTIMINDTREE is 7.08.

Share Price ₹4,789.5Apr 26,2024
Market Cap ₹141,865.0 Cr
Book Value₹20,026.4 CrMar2024 - Consolidated Results
Price/Book 7.08xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for LTIMINDTREE
Please provide your vote to see the results
LTIMINDTREE is part of below Screeners ↓
Top Large Cap Stocks with Best Fundamentals

Definition & Calculation of PB (Price/Book ) ratio of LTIMINDTREE

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 LTIMINDTREE is calculated as :

Current Market Cap [ ₹141,865.0 Cr] as on Apr 26,2024

(/) Book Value [ ₹20,026.4 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 7.08x ]

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

Thus, for LTIMINDTREE , the investors are currently willing to pay '7.08 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 LTIMINDTREE !

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

Historical PB (Price/Book ) ratio chart of LTIMINDTREE


PB Ratio Performance Analysis for LTIMINDTREE

- LTIMINDTREE 's latest p/b ratio is 7.08x.

- LTIMINDTREE 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 7.40x.

- LTIMINDTREE 's operated at median p/b ratio of 7.69x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, LTIMINDTREE 's p/b ratio peaked in Mar2021 at 9.81x.

- LTIMINDTREE 's p/b ratio hit its five-year low in Mar2020 of 4.67x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
LTIMINDTREE 20,026.407.08141,865.0
TATA CONSULTANCY SERVICES LTD90,489.0015.251,379,520.0
INFOSYS LTD87,203.006.81593,636.0
HCL TECHNOLOGIES LTD65,017.006.15399,533.0
WIPRO LTD74,533.003.26242,799.0
TECH MAHINDRA LTD26,669.404.68124,782.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,858.848.2664,897.3
PERSISTENT SYSTEMS LTD3,735.8414.0152,355.4
L&T TECHNOLOGY SERVICES LTD5,327.109.4950,528.3
TATA ELXSI LTD2,505.6617.6544,220.9
MPHASIS LTD8,541.345.0943,438.9

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.26x
Max industry PB 17.65x
Median industry PB 7.08x
Average industry PB 8.88x



You may also like the below Video Courses