Home > PB Ratio > RAMCO SYSTEMS

RAMCO SYSTEMS
PB (Price/Book ) Ratio

The Current P/B Ratio of RAMCO SYSTEMS is 2.62.

Share Price ₹358.3Apr 30,2024
Market Cap ₹1,268.4 Cr
Book Value₹484.3 CrMar2023 - Consolidated Results
Price/Book 2.62xCalculated as MarketCap/Book Value
Explore Stock Analytics
COMMUNITY POLL
for RAMCO SYSTEMS
Please provide your vote to see the results
RAMCO SYSTEMS is part of below Screeners ↓
Best Quarterly Growth Small Cap Stocks
Best 1M Momentum Small Cap Stocks

Definition & Calculation of PB (Price/Book ) ratio of RAMCO 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

Applying the above formula, P/B ratio of RAMCO SYSTEMS is calculated as :

Current Market Cap [ ₹1,268.4 Cr] as on Apr 30,2024

(/) Book Value [ ₹484.3 Cr] based on Mar2023 - Consolidated Results

(=) P/B Ratio [ 2.62x ]

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

Thus, for RAMCO SYSTEMS , the investors are currently willing to pay '2.62 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 RAMCO SYSTEMS !

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

Historical PB (Price/Book ) ratio chart of RAMCO SYSTEMS


PB Ratio Performance Analysis for RAMCO SYSTEMS

- RAMCO SYSTEMS 's latest p/b ratio is 2.62x.

- RAMCO SYSTEMS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.42x.

- RAMCO SYSTEMS 's operated at median p/b ratio of 1.38x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAMCO SYSTEMS 's p/b ratio peaked in Mar2021 at 2.58x.

- RAMCO SYSTEMS 's p/b ratio hit its five-year low in Mar2020 of 0.38x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
RAMCO SYSTEMS 484.262.621,268.4
TATA CONSULTANCY SERVICES LTD90,489.0015.281,383,050.0
INFOSYS LTD87,203.006.76589,880.0
HCL TECHNOLOGIES LTD65,017.005.71371,107.0
WIPRO LTD74,533.003.24241,571.0
LTIMINDTREE LTD20,026.406.96139,388.0
TECH MAHINDRA LTD26,669.404.62123,268.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,858.848.3865,826.1
PERSISTENT SYSTEMS LTD3,735.8413.9051,915.6
L&T TECHNOLOGY SERVICES LTD5,327.109.2149,050.8
TATA ELXSI LTD2,505.6617.5243,890.9

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

Top 10 Industry PeersPB Ratio
Min industry PB 2.62x
Max industry PB 17.52x
Median industry PB 6.96x
Average industry PB 8.56x



You may also like the below Video Courses