L&T Technology Services (BOM:540115) Price-to-Tangible-Book : 10.90 (As of Jun. 14, 2024)

View and export this data going back to 2016. Start your Free Trial

What is L&T Technology Services Price-to-Tangible-Book?

As of today (2024-06-14), L&T Technology Services's share price is ₹4845.80. L&T Technology Services's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹444.65. Hence, L&T Technology Services's Price to Tangible Book Ratio of today is 10.90.

The historical rank and industry rank for L&T Technology Services's Price-to-Tangible-Book or its related term are showing as below:

BOM:540115' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.63 Med: 9.38 Max: 15.31
Current: 11.02

During the past 10 years, L&T Technology Services's highest Price to Tangible Book Ratio was 15.31. The lowest was 5.63. And the median was 9.38.

BOM:540115's Price-to-Tangible-Book is ranked worse than
80.37% of 2084 companies
in the Software industry
Industry Median: 3.5 vs BOM:540115: 11.02

A closely related ratio is called PB Ratio. As of today, L&T Technology Services's share price is ₹4845.80. L&T Technology Services's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹503.73. Hence, L&T Technology Services's P/B Ratio of today is 9.62.

L&T Technology Services Price-to-Tangible-Book Historical Data

The historical data trend for L&T Technology 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.

L&T Technology Services Price-to-Tangible-Book Chart

L&T Technology Services Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

5.64

9.90

15.30

9.40

12.33

L&T Technology 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															9.40	-	11.64	-	12.33

Competitive Comparison of L&T Technology Services's Price-to-Tangible-Book

For the Information Technology Services subindustry, L&T Technology 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.

L&T Technology Services's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, L&T Technology Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where L&T Technology Services's Price-to-Tangible-Book falls into.

L&T Technology Services Price-to-Tangible-Book Calculation

L&T Technology 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 )
	=	4845.80	/	444.645
	=	10.90

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

L&T Technology Services Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of L&T Technology Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

L&T Technology Services (BOM:540115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » L&T Technology Services Ltd (BOM:540115) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

LTTS:India

Address

National Highway No. 8, Ajwa Waghodia Crossing, 5th Floor, West Block-II, L&T Knowledge City (IT/ITES) SEZ, Vadodara, GJ, IND, 390 019

Website

https://www.ltts.com

L&T Technology Services Ltd is a provider of engineering and research services in connection to embedded systems and other engineering support services. The company's operating segments include Transportation; Industrial Products; Telecom and Hi-tech; Plant Engineering and Medical Devices. It generates maximum revenue from the Transportation segment. The transportation segment offers engineering services and solutions to the transportation industry, which includes OEM and Tier 1 suppliers in the automotive, trucks and off-highway vehicles, aerospace, and rail industries. Geographically, it derives a majority of its revenue from North America.

L&T Technology Services (BOM:540115) Headlines

No Headlines