Dev Information Technology (NSE:DEVIT) Book Value per Share: ₹19.40 (As of Mar. 2026)


NSE:DEVIT Dev Information Technology Ltd NSE:DEVIT
69 GF Score
Price ₹27.45
GF Value ₹56.75
Valuation Possible Value Trap
! 4 Warning Signs
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What is Dev Information Technology Book Value per Share?

Dev Information Technology NSE:DEVIT -3.45% 69 Book Value per Share is ₹19.40 as of Mar. 2026. GuruFocus rates NSE:DEVIT with a GF Score™ of 69/100 and a GF Value™ of ₹56.75 (Possible Value Trap). The stock has 4 warning signs investors should review.

Dev Information Technology's book value per share for the quarter that ended in Mar. 2026 was ₹19.40.

During the past 12 months, Dev Information Technology's average Book Value Per Share Growth Rate was 59.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 37.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 26.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 19.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Dev Information Technology was 42.40% per year. The lowest was 3.10% per year. And the median was 27.10% per year.

Dev Information Technology's current price is ₹27.45. Its book value per share for the quarter that ended in Mar. 2026 was ₹19.40. Hence, today's PB Ratio of Dev Information Technology is 1.42.

During the past 13 years, the highest P/B Ratio of Dev Information Technology was 8.71. The lowest was 1.27. And the median was 5.20.

Good Sign:

Dev Information Technology Ltd stock PB Ratio (=1.35) is close to 5-year low of 1.33.


Dev Information Technology  (NSE:DEVIT) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Dev Information Technology Book Value per Share Related Terms


Dev Information Technology Book Value per Share Historical Data

* Premium members only.

The historical data trend for Dev Information Technology's Book Value per Share 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.

Dev Information Technology Book Value per Share Chart

Dev Information Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 7.51 9.87 12.18 19.40

Dev Information Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 12.18 0.00 22.88 0.00 19.40

NSE:DEVIT vs IBM, ACN, FISV: Book Value per Share Comparison

For the Information Technology Services subindustry, Dev Information Technology's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Dev Information Technology PB Ratio vs Software Industry

For the Software industry and Technology sector, Dev Information Technology's PB Ratio distribution charts can be found below:

* The bar in red indicates where Dev Information Technology's PB Ratio falls into.


NSE:DEVIT
69GF Score
Dev Information Technology Ltd NSE:DEVIT
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dev Information Technology Book Value per Share Calculation

Dev Information Technology's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,093-0)/56
=19.40

Dev Information Technology's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,093-0)/56
=19.40

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ₹19.40 mean?
Dev Information Technology (NSE:DEVIT) has a Book Value per Share of ₹19.40 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Dev Information Technology and its competitors.
Is Dev Information Technology's Book Value per Share too high?
Dev Information Technology's current Book Value per Share is ₹19.40. Overall, Dev Information Technology has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Information Technology's Book Value per Share compare to IBM and ACN?
Dev Information Technology's Book Value per Share of ₹19.40 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Software company?
A good Book Value per Share depends on the Software industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Dev Information Technology and its competitors. Dev Information Technology's current Book Value per Share is ₹19.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Information Technology stock overvalued right now?
Based on GuruFocus' analysis, Dev Information Technology (NSE:DEVIT) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.75, compared to a current price of ₹27.45 — trading 51.6% below its estimated fair value. The current Book Value per Share is ₹19.40. Dev Information Technology's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Dev Information Technology (NSE:DEVIT), the current Book Value per Share is ₹19.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dev Information Technology (NSE:DEVIT) Overvalued in 2026?

Based on GuruFocus' analysis, Dev Information Technology stock appears to be undervalued. The current stock price of ₹27.45 is trading 51.6% below its estimated GF Value™ of ₹56.75. GuruFocus considers Dev Information Technology to be Possible Value Trap.

Key valuation signals for NSE:DEVIT:

  • Book Value per Share: ₹19.40
  • GF Value™: ₹56.75 vs. price of ₹27.45 (51.6% below fair value)
  • GF Score™: 69/100 with 4 warning signs

No single metric tells the full story. See the NSE:DEVIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dev Information Technology Business Description

Other Exchanges 543462:India
Address Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services and licensing among others. It operates in a single segment being IT and IT enabled services.
69GF Score

Get the complete analysis for NSE:DEVIT

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹27.45
Price
₹56.75
GF Value