Tranway Technologies (BOM:542923) PB Ratio : 0.40 (As of Sep. 20, 2024)

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What is Tranway 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 (2024-09-20), Tranway Technologies's share price is ₹6.32. Tranway Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was ₹15.97. Hence, Tranway Technologies's PB Ratio of today is 0.40.

Good Sign:

Tranway Technologies Ltd stock PB Ratio (=0.4) is close to 3-year low of 0.39

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

BOM:542923' s PB Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.56 Max: 31.22
Current: 0.4

During the past 8 years, Tranway Technologies's highest PB Ratio was 31.22. The lowest was 0.22. And the median was 0.56.

BOM:542923's PB Ratio is ranked better than
97.05% of 2573 companies
in the Software industry
Industry Median: 2.61 vs BOM:542923: 0.40

During the past 12 months, Tranway Technologies's average Book Value Per Share Growth Rate was -1.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 64.50% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Tranway Technologies was 328.20% per year. The lowest was 2.40% per year. And the median was 211.40% per year.

Back to Basics: PB Ratio

Tranway Technologies PB Ratio Historical Data

The historical data trend for Tranway 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.

Tranway Technologies PB Ratio Chart

Tranway Technologies Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

Get a 7-Day Free Trial

0.69

0.71

0.62

0.42

Tranway Technologies Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
PB Ratio	Get a 7-Day Free Trial								0.71	0.61	0.62	0.49	0.42

Competitive Comparison of Tranway Technologies's PB Ratio

For the Information Technology Services subindustry, Tranway 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.

Tranway Technologies's PB Ratio Distribution in the Software Industry

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

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

Tranway 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	6.32	/	15.965
	=	0.40

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.

Tranway Technologies (BOM:542923) 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.

Tranway Technologies PB Ratio Related Terms

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

Tranway Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tranway Technologies Ltd (BOM:542923) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Cross, J.P. Nagar, 2nd Phase, No. 1914, 18th A Main, R K Colony, Bangalore, KA, IND, 560078

Website

http://www.tranwayinc.com

Tranway Technologies Ltd is a provider of information technology, software services, software products, and staffing solutions. The company's services include software services, software product development, software testing and development, staffing services, body shopping, contract staffing, human resource consulting, placement services, manpower supply services, soft skills training, training for employability, recruitment process organization, and payroll processing, among other. The Company is engaged in the business of providing manpower services which is their only reportable segment. The company derives revenue from the provision of IT services and India.

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