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WIPRO
PB (Price/Book ) Ratio

The Current P/B Ratio of WIPRO is 4.42.

Share Price ₹312.1Feb 18,2025
Market Cap ₹326,815.5 Cr
Book Value₹73,894.6 CrMar2024 - Consolidated Results
Price/Book 4.42xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of WIPRO

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 WIPRO is calculated as :

Current Market Cap [ ₹326,815.5 Cr] as on Feb 18,2025

(/) Book Value [ ₹73,894.6 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 4.42x ]

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

Thus, for WIPRO , the investors are currently willing to pay '4.42 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 WIPRO !

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

Historical PB (Price/Book ) ratio chart of WIPRO


PB Ratio Performance Analysis for WIPRO

- WIPRO 's latest p/b ratio is 4.42x.

- WIPRO 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 3.44x.

- WIPRO 's operated at median p/b ratio of 3.39x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, WIPRO 's p/b ratio peaked in Mar2022 at 5x.

- WIPRO 's p/b ratio hit its five-year low in Mar2020 of 2.04x.


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

Peer Comparison (IT - Software Industry)Book ValuePB RatioMarket Cap
WIPRO 73,894.604.42326,815.5
TATA CONSULTANCY SERVICES LTD90,489.0015.471,400,000.0
INFOSYS LTD87,203.008.82768,879.0
HCL TECHNOLOGIES LTD67,624.006.92468,039.0
LTIMINDTREE LTD19,673.808.54167,961.0
TECH MAHINDRA LTD26,364.906.33166,843.0
ORACLE FINANCIAL SERVICES SOFTWARE LTD7,725.939.8475,990.4
PERSISTENT SYSTEMS LTD4,720.8718.9289,295.9
L&T TECHNOLOGY SERVICES LTD5,231.009.9852,215.1
TATA ELXSI LTD2,490.6315.2638,001.1
MPHASIS LTD8,541.345.7348,982.6

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

Top 10 Industry PeersPB Ratio
Min industry PB 4.42x
Max industry PB 18.92x
Median industry PB 8.82x
Average industry PB 10.02x



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