Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) PB Ratio : 0.24 (As of May. 23, 2024)

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What is Lytus Technologies Holdings Pvt 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 (2024-05-23), Lytus Technologies Holdings Pvt's share price is $2.86. Lytus Technologies Holdings Pvt's Book Value per Share for the quarter that ended in Sep. 2023 was $12.14. Hence, Lytus Technologies Holdings Pvt's PB Ratio of today is 0.24.

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

LYT' s PB Ratio Range Over the Past 10 Years
Min: 0.08 Med: 0.82 Max: 122.56
Current: 0.24

During the past 5 years, Lytus Technologies Holdings Pvt's highest PB Ratio was 122.56. The lowest was 0.08. And the median was 0.82.

LYT's PB Ratio is ranked better than
98.14% of 2576 companies
in the Software industry
Industry Median: 2.69 vs LYT: 0.24

During the past 12 months, Lytus Technologies Holdings Pvt's average Book Value Per Share Growth Rate was -44.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.10% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Lytus Technologies Holdings Pvt was -10.10% per year. The lowest was -10.10% per year. And the median was -10.10% per year.

Back to Basics: PB Ratio

Lytus Technologies Holdings Pvt PB Ratio Historical Data

The historical data trend for Lytus Technologies Holdings Pvt'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.

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Lytus Technologies Holdings Pvt PB Ratio Chart

Lytus Technologies Holdings Pvt Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

2.86

Lytus Technologies Holdings Pvt Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Sep21	Dec21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial						-	-	2.50	2.86	0.96

Competitive Comparison of Lytus Technologies Holdings Pvt's PB Ratio

For the Software - Application subindustry, Lytus Technologies Holdings Pvt'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.

Lytus Technologies Holdings Pvt's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Lytus Technologies Holdings Pvt's PB Ratio falls into.

Lytus Technologies Holdings Pvt 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.

Lytus Technologies Holdings Pvt's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	2.86	/	12.142
	=	0.24

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.

Lytus Technologies Holdings Pvt (NAS:LYT) 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.

Lytus Technologies Holdings Pvt PB Ratio Related Terms

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Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lytus Technologies Holdings Pvt Ltd (NAS:LYT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Meydan Hotel, Nad Al Sheba, Business Center 1, M Floor, Dubai, ARE

Website

https://www.lytuscorp.com

Lytus Technologies Holdings Pvt Ltd is a platform services company primarily providing content streaming/telecasting services to users located all across India. Its scope of business also covers telemedicine services with local assistance through local Health Centers. Through its platform, the customers are well connected via customer premises equipment (CPE) devices/set-top boxes (STBs) and have access to multi-dimensional services including telemedicine service.