Niks Technology (BOM:543282) PB Ratio: 2.36 (As of Aug. 15, 2026) — 64% Below Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:543282 Niks Technology Ltd BOM:543282
87 GF Score
Price ₹304.50
GF Value ₹424.47
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Niks Technology PB Ratio?

Niks Technology BOM:543282 87 PB Ratio is 2.36 as of Aug. 15, 2026, which is 64% below its 10-year median of 6.58. GuruFocus rates BOM:543282 with a GF Score™ of 87/100 and a GF Value™ of ₹424.47 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,629 Software companies, Niks Technology ranks better than 52.68% on this metric.

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 (2026-08-15), Niks Technology's share price is ₹304.50. Niks Technology's Book Value per Share for the quarter that ended in Mar. 2026 was ₹128.88. Hence, Niks Technology's PB Ratio of today is 2.36.

Good Sign:

Niks Technology Ltd stock PB Ratio (=2.25) is close to 10-year low of 2.15.

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

BOM:543282' s PB Ratio Range Over the Past 10 Years
Min: 2.15   Med: 6.58   Max: 14.7
Current: 2.36

During the past 9 years, Niks Technology's highest PB Ratio was 14.70. The lowest was 2.15. And the median was 6.58.

BOM:543282's PB Ratio is ranked better than
52.68% of 2629 companies
in the Software industry
Industry Median: 2.49 vs BOM:543282: 2.36

During the past 12 months, Niks Technology's average Book Value Per Share Growth Rate was -7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 55.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 47.80% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Niks Technology was 336.10% per year. The lowest was 54.40% per year. And the median was 99.50% per year.

Back to Basics: PB Ratio


Niks Technology  (BOM:543282) 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.


Niks Technology PB Ratio Related Terms


Niks Technology PB Ratio Historical Data

* Premium members only.

The historical data trend for Niks Technology'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.

Niks Technology PB Ratio Chart

Niks Technology Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 9.18 7.56 4.73 3.72 3.38

Niks Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 4.73 4.36 3.72 3.40 3.38

BOM:543282 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Niks 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.


Niks Technology PB Ratio vs Software Industry

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

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


BOM:543282
87GF Score
Niks Technology Ltd BOM:543282
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niks Technology 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.

Niks Technology's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=304.50/128.88
=2.36

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 2.36 mean?
Niks Technology (BOM:543282) has a PB Ratio of 2.36 as of Aug. 15, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Niks Technology and its competitors. This is 64% below median its historical median of 6.58. Over the past decade, Niks Technology's PB Ratio has ranged from 2.15 to 14.70. According to the industry distribution chart, Niks Technology ranks #1244 out of 2629 companies in the Software industry, placing it in the top 47.3%.
Is Niks Technology's PB Ratio too high?
Niks Technology's current PB Ratio of 2.36 is 64% below median its 10-year median of 6.58. Over the past 10 years, this metric has ranged from a low of 2.15 to a high of 14.70. The Software industry median PB Ratio is 2.49. Niks Technology's value of 2.36 is 5.2% below this industry median. Based on the distribution chart, Niks Technology ranks #1244 out of 2629 companies in the Software industry, which is above the industry midpoint. Overall, Niks Technology has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niks Technology's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Niks Technology ranks #1244 out of 2629 companies for PB Ratio. This puts Niks Technology in the upper half of its industry. The industry median PB Ratio is 2.49. Niks Technology's value of 2.36 is 5.2% below this benchmark. Historically, Niks Technology's own PB Ratio has ranged from 2.15 to 14.70 over the past decade. While the company's 10-year median is 6.58 vs. the industry median of 2.49, Niks Technology has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.49, based on 2,629 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Niks Technology's current PB Ratio of 2.36 is 5.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Niks Technology and its competitors. For the Software industry, the median PB Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Niks Technology's current PB Ratio is 2.36, which is 64% below median its own 10-year median of 6.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niks Technology stock overvalued right now?
Based on GuruFocus' analysis, Niks Technology (BOM:543282) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹424.47, compared to a current price of ₹304.50 — trading 28.3% below its estimated fair value. The current PB Ratio is 2.36, which is 64% below median its 10-year median of 6.58 and 5.2% below the Software industry median of 2.49. Niks Technology's overall GF Score™ is 87/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Niks Technology (BOM:543282), the current PB Ratio is 2.36 as of Aug. 15, 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 Niks Technology (BOM:543282) Overvalued in 2026?

Based on GuruFocus' analysis, Niks Technology stock appears to be undervalued. The current stock price of ₹304.50 is trading 28.3% below its estimated GF Value™ of ₹424.47. GuruFocus considers Niks Technology to be Modestly Undervalued.

Key valuation signals for BOM:543282:

  • PB Ratio: 2.36 (64% below median its 10-year median of 6.58)
  • GF Value™: ₹424.47 vs. price of ₹304.50 (28.3% below fair value)
  • GF Score™: 87/100 with 4 warning signs
  • Industry Position: 5.2% below the Software median (#1244 of 2629)

No single metric tells the full story. See the BOM:543282 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Niks Technology Business Description

Address Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.
87GF Score

Get the complete analysis for BOM:543282

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

₹304.50
Price
₹424.47
GF Value