QUEST SOFTECH (INDIA)
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The Current P/B Ratio of QUEST SOFTECH (INDIA) is 7.29.
Share Price | ₹48.3 | May 18,2024 |
Market Cap | ₹125.7 Cr | |
Book Value | ₹17.2 Cr | Mar2024 - Standalone Results |
Price/Book | 7.29x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of QUEST SOFTECH (INDIA)
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹125.7 Cr] as on May 18,2024
(/) Book Value [ ₹17.2 Cr] based on Mar2024 - Standalone Results
(=) P/B Ratio [ 7.29x ]
Thus, for QUEST SOFTECH (INDIA) , the investors are currently willing to pay '7.29 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 QUEST SOFTECH (INDIA) !
The chart below summarizes the trend in P/B Ratio of QUEST SOFTECH (INDIA) over the last five years.
Historical PB (Price/Book ) ratio chart of QUEST SOFTECH (INDIA)
PB Ratio Performance Analysis for QUEST SOFTECH (INDIA)
- QUEST SOFTECH (INDIA) 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 4.74x.
- QUEST SOFTECH (INDIA) 's operated at median p/b ratio of 1.43x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, QUEST SOFTECH (INDIA) 's p/b ratio peaked in Mar2023 at 19.47x.
- QUEST SOFTECH (INDIA) 's p/b ratio hit its five-year low in Mar2020 of 0x.
How does QUEST SOFTECH (INDIA) 's P/B Ratio benchmark against top 10 peers in IT - Software Industry?
Peer Comparison (IT - Software Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
QUEST SOFTECH (INDIA) | 17.23 | 7.29 | 125.7 |
TATA CONSULTANCY SERVICES LTD | 90,489.00 | 15.39 | 1,392,960.0 |
INFOSYS LTD | 87,203.00 | 6.87 | 599,376.0 |
HCL TECHNOLOGIES LTD | 65,017.00 | 5.59 | 363,265.0 |
WIPRO LTD | 74,533.00 | 3.24 | 241,720.0 |
LTIMINDTREE LTD | 20,026.40 | 7.03 | 140,704.0 |
TECH MAHINDRA LTD | 26,669.40 | 4.78 | 127,538.0 |
ORACLE FINANCIAL SERVICES SOFTWARE LTD | 7,858.84 | 8.60 | 67,592.5 |
PERSISTENT SYSTEMS LTD | 3,735.84 | 14.55 | 54,345.8 |
L&T TECHNOLOGY SERVICES LTD | 5,327.10 | 8.84 | 47,088.5 |
TATA ELXSI LTD | 2,505.66 | 18.17 | 45,530.9 |
IT - Software Industry Benchmark (Top 10) PB Analysis vs QUEST SOFTECH (INDIA) 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 3.24x |
Max industry PB | 18.17x |
Median industry PB | 7.29x |
Average industry PB | 9.12x |
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