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California Software Co (BOM:532386) PB Ratio : 2.09 (As of May. 07, 2024)


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What is California Software Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-07), California Software Co's share price is ₹15.96. California Software Co's Book Value per Share for the quarter that ended in Dec. 2023 was ₹7.65. Hence, California Software Co's PB Ratio of today is 2.09.

The historical rank and industry rank for California Software Co's PB Ratio or its related term are showing as below:

BOM:532386' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.68   Max: 11.56
Current: 2.09

During the past 13 years, California Software Co's highest PB Ratio was 11.56. The lowest was 0.67. And the median was 2.68.

BOM:532386's PB Ratio is ranked better than
62% of 2579 companies
in the Software industry
Industry Median: 2.69 vs BOM:532386: 2.09

During the past 12 months, California Software Co's average Book Value Per Share Growth Rate was -1.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of California Software Co was 26.20% per year. The lowest was -60.30% per year. And the median was -8.90% per year.

Back to Basics: PB Ratio


California Software Co PB Ratio Historical Data

The historical data trend for California Software Co's PB Ratio 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.

California Software Co PB Ratio Chart

California Software Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.24 1.48 2.06 3.36 1.61

California Software Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 - 1.61 - 1.88 -

Competitive Comparison of California Software Co's PB Ratio

For the Software - Application subindustry, California Software Co'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.


California Software Co's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where California Software Co's PB Ratio falls into.



California Software Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

California Software Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=15.96/7.653
=2.09

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


California Software Co  (BOM:532386) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


California Software Co PB Ratio Related Terms

Thank you for viewing the detailed overview of California Software Co's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


California Software Co (BOM:532386) Business Description

Traded in Other Exchanges
Address
Workflo, Greeta Towers, Industrial Estate, OMR Phase 1, Perungudi, Chennai, TN, IND, 600096
California Software Co Ltd is an offshore software product development company. It is engaged in providing outsourcing enterprise software solutions, information technology, and product engineering services. The services offered by the company include Big Data Analytics, Cloud computing, PV Services and Machine Learning Services.

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