NINTEC SYSTEMS
|
The Current P/B Ratio of NINTEC SYSTEMS is 42.61.
| Share Price | ₹443.7 | May 14,2024 |
| Market Cap | ₹825.2 Cr | |
| Book Value | ₹19.4 Cr | Mar2023 - Standalone Results |
| Price/Book | 42.61x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of NINTEC SYSTEMS
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
Current Market Cap [ ₹825.2 Cr] as on May 14,2024
(/) Book Value [ ₹19.4 Cr] based on Mar2023 - Standalone Results
(=) P/B Ratio [ 42.61x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for NINTEC SYSTEMS , the investors are currently willing to pay '42.61 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 NINTEC SYSTEMS !
The chart below summarizes the trend in P/B Ratio of NINTEC SYSTEMS over the last five years.
Thus, for NINTEC SYSTEMS , the investors are currently willing to pay '42.61 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 NINTEC SYSTEMS !
The chart below summarizes the trend in P/B Ratio of NINTEC SYSTEMS over the last five years.
Historical PB (Price/Book ) ratio chart of NINTEC SYSTEMS
PB Ratio Performance Analysis for NINTEC SYSTEMS
- NINTEC SYSTEMS 's latest p/b ratio is 42.61x.
- NINTEC SYSTEMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.83x.
- NINTEC SYSTEMS 's operated at median p/b ratio of 1.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NINTEC SYSTEMS 's p/b ratio peaked in Mar2023 at 13.89x.
- NINTEC SYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 0.48x.
- NINTEC SYSTEMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 3.83x.
- NINTEC SYSTEMS 's operated at median p/b ratio of 1.7x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, NINTEC SYSTEMS 's p/b ratio peaked in Mar2023 at 13.89x.
- NINTEC SYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 0.48x.
How does NINTEC SYSTEMS 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
| Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| NINTEC SYSTEMS | 19.37 | 42.61 | 825.2 |
| TATA CONSULTANCY SERVICES LTD | 90,489.00 | 15.60 | 1,411,760.0 |
| INFOSYS LTD | 87,203.00 | 6.78 | 591,530.0 |
| HCL TECHNOLOGIES LTD | 65,017.00 | 5.51 | 358,421.0 |
| WIPRO LTD | 74,533.00 | 3.20 | 238,559.0 |
| LTIMINDTREE LTD | 20,026.40 | 6.86 | 137,291.0 |
| TECH MAHINDRA LTD | 26,669.40 | 4.67 | 124,602.0 |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,858.84 | 8.64 | 67,868.7 |
| PERSISTENT SYSTEMS LTD | 3,735.84 | 14.13 | 52,772.1 |
| L&T TECHNOLOGY SERVICES LTD | 5,327.10 | 8.90 | 47,399.4 |
| TATA ELXSI LTD | 2,505.66 | 17.61 | 44,127.2 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs NINTEC SYSTEMS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 3.20x |
| Max industry PB | 42.61x |
| Median industry PB | 8.64x |
| Average industry PB | 12.23x |
You may also like the below Video Courses
