GURUFOCUS.COM » STOCK LIST » Technology » Software » Sigma Solve Ltd (BOM:543917) » Definitions » PB Ratio

Sigma Solve (BOM:543917) PB Ratio : 9.59 (As of May. 09, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sigma Solve 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 (2024-05-09), Sigma Solve's share price is ₹394.55. Sigma Solve's Book Value per Share for the quarter that ended in Sep. 2023 was ₹41.13. Hence, Sigma Solve's PB Ratio of today is 9.59.

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

BOM:543917' s PB Ratio Range Over the Past 10 Years
Min: 9.05   Med: 13.27   Max: 16.14
Current: 9.85

During the past 6 years, Sigma Solve's highest PB Ratio was 16.14. The lowest was 9.05. And the median was 13.27.

BOM:543917's PB Ratio is ranked worse than
87.08% of 2577 companies
in the Software industry
Industry Median: 2.7 vs BOM:543917: 9.85

During the past 12 months, Sigma Solve's average Book Value Per Share Growth Rate was 43.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 81.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 107.00% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Sigma Solve was 147.80% per year. The lowest was 81.80% per year. And the median was 141.70% per year.

Back to Basics: PB Ratio


Sigma Solve PB Ratio Historical Data

The historical data trend for Sigma Solve'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.

Sigma Solve PB Ratio Chart

Sigma Solve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial - - - - -

Sigma Solve Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 11.45

Competitive Comparison of Sigma Solve's PB Ratio

For the Information Technology Services subindustry, Sigma Solve'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.


Sigma Solve's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Sigma Solve's PB Ratio falls into.



Sigma Solve 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.

Sigma Solve's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=394.55/41.131
=9.59

* 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.


Sigma Solve  (BOM:543917) 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.


Sigma Solve PB Ratio Related Terms

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


Sigma Solve (BOM:543917) Business Description

Traded in Other Exchanges
Address
Sindhu Bhavan Road, S G Highway, Alpha Megacone House, Opposite Armieda, 305-308, 3rd Floor, Ahmedabad, GJ, IND, 380054
Sigma Solve Ltd is involved in providing enterprise software solutions. The company provides services related to Web and E-commerce development, Real-time application development, Business Intelligence Analytics, CRM development, Digital marketing, UI and UX design, Automation testing and Quality assurance. The firm generates revenue is from the export of services.

Sigma Solve (BOM:543917) Headlines

No Headlines