MASTEK
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The Current P/B Ratio of MASTEK is 5.12.
Share Price | ₹2,772.9 | Apr 24,2024 |
Market Cap | ₹8,540.5 Cr | |
Book Value | ₹1,668.2 Cr | Mar2023 - Consolidated Results |
Price/Book | 5.12x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of MASTEK
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,540.5 Cr] as on Apr 24,2024
(/) Book Value [ ₹1,668.2 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 5.12x ]
Thus, for MASTEK , the investors are currently willing to pay '5.12 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 MASTEK !
The chart below summarizes the trend in P/B Ratio of MASTEK over the last five years.
Historical PB (Price/Book ) ratio chart of MASTEK
PB Ratio Performance Analysis for MASTEK
- MASTEK 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.63x.
- MASTEK 's operated at median p/b ratio of 2.82x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MASTEK 's p/b ratio peaked in Mar2022 at 9.53x.
- MASTEK 's p/b ratio hit its five-year low in Mar2020 of 0.6x.
How does MASTEK 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MASTEK | 1,668.17 | 5.12 | 8,540.5 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 15.32 | 1,386,180.0 |
INFOSYS LTD | 87,203.00 | 6.82 | 594,342.0 |
HCL TECHNOLOGIES LTD | 65,017.00 | 6.18 | 401,527.0 |
WIPRO LTD | 74,533.00 | 3.23 | 240,467.0 |
LTIMINDTREE LTD | 20,026.40 | 7.00 | 140,161.0 |
TECH MAHINDRA LTD | 27,540.40 | 4.21 | 115,858.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,305.65 | 8.73 | 63,787.4 |
PERSISTENT SYSTEMS LTD | 3,735.84 | 14.29 | 53,396.0 |
L&T TECHNOLOGY SERVICES LTD | 4,857.10 | 11.39 | 55,328.8 |
TATA ELXSI LTD | 2,505.66 | 17.49 | 43,812.1 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs MASTEK 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.23x |
Max industry PB | 17.49x |
Median industry PB | 7.00x |
Average industry PB | 9.07x |
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