MEGASOFT
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The Current P/B Ratio of MEGASOFT is 3.41.
Share Price | ₹89.3 | Mar 28,2024 |
Market Cap | ₹659.3 Cr | |
Book Value | ₹193.3 Cr | Mar2023 - Consolidated Results |
Price/Book | 3.41x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of MEGASOFT
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹659.3 Cr] as on Mar 28,2024
(/) Book Value [ ₹193.3 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 3.41x ]
Thus, for MEGASOFT , the investors are currently willing to pay '3.41 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 MEGASOFT !
The chart below summarizes the trend in P/B Ratio of MEGASOFT over the last five years.
Historical PB (Price/Book ) ratio chart of MEGASOFT
PB Ratio Performance Analysis for MEGASOFT
- MEGASOFT 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 0.85x.
- MEGASOFT 's operated at median p/b ratio of 0.37x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, MEGASOFT 's p/b ratio peaked in Mar2022 at 2.42x.
- MEGASOFT 's p/b ratio hit its five-year low in Mar2020 of 0.2x.
How does MEGASOFT 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
MEGASOFT | 193.33 | 3.41 | 659.3 |
TATA CONSULTANCY SERVICES LTD | 90,424.00 | 15.54 | 1,405,100.0 |
INFOSYS LTD | 74,529.00 | 8.35 | 622,132.0 |
HCL TECHNOLOGIES LTD | 65,017.00 | 6.44 | 418,800.0 |
WIPRO LTD | 77,104.70 | 3.25 | 250,833.0 |
LTIMINDTREE LTD | 16,108.20 | 9.08 | 146,191.0 |
TECH MAHINDRA LTD | 27,540.40 | 4.43 | 122,134.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,305.65 | 10.40 | 75,976.8 |
PERSISTENT SYSTEMS LTD | 3,735.84 | 16.45 | 61,454.4 |
L&T TECHNOLOGY SERVICES LTD | 4,857.10 | 11.93 | 57,955.8 |
TATA ELXSI LTD | 2,085.77 | 23.23 | 48,448.6 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs MEGASOFT 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.25x |
Max industry PB | 23.23x |
Median industry PB | 9.08x |
Average industry PB | 10.23x |
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