TEJAS NETWORKS
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The Current P/B Ratio of TEJAS NETWORKS is 4.57.
| Share Price | ₹775.3 | Apr 19,2024 |
| Market Cap | ₹13,234.4 Cr | |
| Book Value | ₹2,895.8 Cr | Mar2023 - Consolidated Results |
| Price/Book | 4.57x | Calculated as MarketCap/Book Value |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PB (Price/Book ) ratio of TEJAS NETWORKS
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 [ ₹13,234.4 Cr] as on Apr 19,2024
(/) Book Value [ ₹2,895.8 Cr] based on Mar2023 - Consolidated Results
(=) P/B Ratio [ 4.57x ]
P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay '4.57 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 TEJAS NETWORKS !
The chart below summarizes the trend in P/B Ratio of TEJAS NETWORKS over the last five years.
Thus, for TEJAS NETWORKS , the investors are currently willing to pay '4.57 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 TEJAS NETWORKS !
The chart below summarizes the trend in P/B Ratio of TEJAS NETWORKS over the last five years.
Historical PB (Price/Book ) ratio chart of TEJAS NETWORKS
PB Ratio Performance Analysis for TEJAS NETWORKS
- TEJAS NETWORKS 's latest p/b ratio is 4.57x.
- TEJAS NETWORKS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.87x.
- TEJAS NETWORKS 's operated at median p/b ratio of 1.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEJAS NETWORKS 's p/b ratio peaked in Mar2023 at 3.38x.
- TEJAS NETWORKS 's p/b ratio hit its five-year low in Mar2020 of 0.28x.
- TEJAS NETWORKS 's p/b ratio for fiscal years ending Mar2023 to Mar2019 averaged 1.87x.
- TEJAS NETWORKS 's operated at median p/b ratio of 1.35x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, TEJAS NETWORKS 's p/b ratio peaked in Mar2023 at 3.38x.
- TEJAS NETWORKS 's p/b ratio hit its five-year low in Mar2020 of 0.28x.
How does TEJAS NETWORKS 's P/B Ratio benchmark against top 10 peers in IT - Hardware Industry?
| Peer Comparison (IT - Hardware Industry) | Book Value | PB Ratio | Market Cap |
|---|---|---|---|
| TEJAS NETWORKS | 2,895.84 | 4.57 | 13,234.4 |
| NETWEB TECHNOLOGIES INDIA LTD | 91.35 | 103.13 | 9,421.0 |
| NELCO LTD | 104.55 | 16.19 | 1,692.9 |
| CONTROL PRINT LTD | 293.98 | 5.01 | 1,472.2 |
| E2E NETWORKS LTD | 48.50 | 29.69 | 1,440.2 |
| SILVER TOUCH TECHNOLOGIES LTD | 95.11 | 9.12 | 867.8 |
| SWISS MILITARY CONSUMER GOODS LTD | 67.83 | 7.50 | 509.0 |
| EMPOWER INDIA LTD | 292.81 | 0.88 | 257.2 |
| DC INFOTECH AND COMMUNICATION LTD | 29.53 | 9.19 | 271.4 |
| DUCON INFRATECHNOLOGIES LTD | 122.37 | 1.71 | 209.3 |
| MROTEK REALTY LTD | 65.85 | 2.28 | 150.4 |
IT - Hardware Industry Benchmark (Top 10) PB Analysis vs TEJAS NETWORKS 's P/B Ratio
| Top 10 Industry Peers | PB Ratio |
|---|---|
| Min industry PB | 0.88x |
| Max industry PB | 103.13x |
| Median industry PB | 7.50x |
| Average industry PB | 17.21x |
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