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Tata Consultancy Services (BOM:532540) Price-to-Tangible-Book : 15.89 (As of Apr. 30, 2024)


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What is Tata Consultancy Services Price-to-Tangible-Book?

As of today (2024-04-30), Tata Consultancy Services's share price is ₹3870.60. Tata Consultancy Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹243.63. Hence, Tata Consultancy Services's Price to Tangible Book Ratio of today is 15.89.

The historical rank and industry rank for Tata Consultancy Services's Price-to-Tangible-Book or its related term are showing as below:

BOM:532540' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.67   Med: 8.9   Max: 15.92
Current: 15.92

During the past 13 years, Tata Consultancy Services's highest Price to Tangible Book Ratio was 15.92. The lowest was 5.67. And the median was 8.90.

BOM:532540's Price-to-Tangible-Book is ranked worse than
85.72% of 2087 companies
in the Software industry
Industry Median: 3.66 vs BOM:532540: 15.92

A closely related ratio is called PB Ratio. As of today, Tata Consultancy Services's share price is ₹3870.60. Tata Consultancy Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹250.10. Hence, Tata Consultancy Services's P/B Ratio of today is 15.48.


Tata Consultancy Services Price-to-Tangible-Book Historical Data

The historical data trend for Tata Consultancy Services's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tata Consultancy Services Price-to-Tangible-Book Chart

Tata Consultancy Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.33 13.97 15.89 13.39 15.94

Tata Consultancy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.39 13.40 13.16 - 15.94

Competitive Comparison of Tata Consultancy Services's Price-to-Tangible-Book

For the Information Technology Services subindustry, Tata Consultancy Services's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tata Consultancy Services's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Tata Consultancy Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tata Consultancy Services's Price-to-Tangible-Book falls into.



Tata Consultancy Services Price-to-Tangible-Book Calculation

Tata Consultancy Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=3870.60/243.629
=15.89

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Tata Consultancy Services Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Tata Consultancy Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Tata Consultancy Services (BOM:532540) Business Description

Traded in Other Exchanges
Address
Raveline Street, TCS House, Fort, Mumbai, MH, IND, 400001
Tata Consultancy Services is a leading global IT services provider, with nearly 450,000 employees. Based in Mumbai, the India IT services firm leverages its offshore outsourcing model to derive half of its revenue from North America. The company offers traditional IT services offerings: consulting, managed services, and cloud infrastructure services as well as business process outsourcing as a service, or BPaaS.

Tata Consultancy Services (BOM:532540) Headlines

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