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NAZARA TECHNOLOGIES
PB (Price/Book ) Ratio

The Current P/B Ratio of NAZARA TECHNOLOGIES is 4.40.

Share Price ₹636.2Apr 16,2024
Market Cap ₹4,866.9 Cr
Book Value₹1,104.9 CrMar2023 - Consolidated Results
Price/Book 4.40xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of NAZARA TECHNOLOGIES

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 NAZARA TECHNOLOGIES is calculated as :

Current Market Cap [ ₹4,866.9 Cr] as on Apr 16,2024

(/) Book Value [ ₹1,104.9 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 4.40x ]

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

Thus, for NAZARA TECHNOLOGIES , the investors are currently willing to pay '4.40 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 NAZARA TECHNOLOGIES !

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

Historical PB (Price/Book ) ratio chart of NAZARA TECHNOLOGIES


PB Ratio Performance Analysis for NAZARA TECHNOLOGIES

- NAZARA TECHNOLOGIES 's latest p/b ratio is 4.40x.

- NAZARA TECHNOLOGIES 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.04x.

- NAZARA TECHNOLOGIES 's operated at median p/b ratio of 3.1x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, NAZARA TECHNOLOGIES 's p/b ratio peaked in Mar2021 at 6.91x.

- NAZARA TECHNOLOGIES 's p/b ratio hit its five-year low in Mar2020 of 0x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
NAZARA TECHNOLOGIES 1,104.904.404,866.9
TATA CONSULTANCY SERVICES LTD90,489.0015.481,401,030.0
INFOSYS LTD74,529.007.88587,244.0
HCL TECHNOLOGIES LTD65,017.006.16400,618.0
WIPRO LTD77,104.703.04234,405.0
LTIMINDTREE LTD16,108.208.57138,108.0
TECH MAHINDRA LTD27,540.404.24116,820.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,305.659.3268,102.7
PERSISTENT SYSTEMS LTD3,735.8415.9159,438.6
L&T TECHNOLOGY SERVICES LTD4,857.1011.5856,234.1
TATA ELXSI LTD2,085.7722.4846,886.1

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

Top 10 Industry PeersPB Ratio
Min industry PB 3.04x
Max industry PB 22.48x
Median industry PB 8.57x
Average industry PB 9.92x



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