Sasken Technologies (BOM:532663) PB Ratio : 3.01 (As of May. 05, 2024)

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What is Sasken Technologies 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 (2024-05-05), Sasken Technologies's share price is ₹1503.70. Sasken Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was ₹499.16. Hence, Sasken Technologies's PB Ratio of today is 3.01.

The historical rank and industry rank for Sasken Technologies's PB Ratio or its related term are showing as below:

BOM:532663' s PB Ratio Range Over the Past 10 Years
Min: 0.56 Med: 1.65 Max: 3.41
Current: 3.01

During the past 13 years, Sasken Technologies's highest PB Ratio was 3.41. The lowest was 0.56. And the median was 1.65.

BOM:532663's PB Ratio is ranked worse than
57.87% of 2578 companies
in the Software industry
Industry Median: 2.67 vs BOM:532663: 3.01

During the past 12 months, Sasken Technologies's average Book Value Per Share Growth Rate was 10.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Sasken Technologies was 46.00% per year. The lowest was -1.30% per year. And the median was 7.35% per year.

Back to Basics: PB Ratio

Sasken Technologies PB Ratio Historical Data

The historical data trend for Sasken Technologies'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.

Sasken Technologies PB Ratio Chart

Sasken Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.55

1.20

2.33

2.11

1.64

Sasken Technologies 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															-	1.64	-	2.19	-

Competitive Comparison of Sasken Technologies's PB Ratio

For the Information Technology Services subindustry, Sasken Technologies'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.

Sasken Technologies's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Sasken Technologies's PB Ratio falls into.

Sasken Technologies 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.

Sasken Technologies's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1503.70	/	499.163
	=	3.01

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Sasken Technologies (BOM:532663) 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.

Sasken Technologies PB Ratio Related Terms

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

Sasken Technologies (BOM:532663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sasken Technologies Ltd (BOM:532663) » Definitions » PB Ratio

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SASKEN:India

Address

No.139/25, Ring Road, Amarjyothi Layout, Domlur, Bangalore, IND, 560071

Website

https://www.sasken.com

Sasken Technologies Ltd is a software developer company. It is engaged in product engineering and digital transformation. The company provides concept-to-market, chip-to-cognition research and development services to semiconductors, automotive, industrials, smart devices and wearables, enterprise-grade devices, satcom, and retail industries. The company operates in single business segment that is Software Services. The Software Services generate maximum revenue for the company. Geographically, the company offers its products to North America, Europe, and the Asia Pacific. The North America region generates maximum revenue for the company.

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