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Micropro Software Solutions (NSE:MICROPRO) PB Ratio : 3.86 (As of May. 12, 2024)


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What is Micropro Software Solutions 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 (2024-05-12), Micropro Software Solutions's share price is ₹44.25. Micropro Software Solutions's Book Value per Share for the quarter that ended in Mar. 2023 was ₹11.46. Hence, Micropro Software Solutions's PB Ratio of today is 3.86.

Good Sign:

Micropro Software Solutions Ltd stock PB Ratio (=3.86) is close to 1-year low of 3.66

The historical rank and industry rank for Micropro Software Solutions's PB Ratio or its related term are showing as below:

NSE:MICROPRO' s PB Ratio Range Over the Past 10 Years
Min: 3.66   Med: 4.71   Max: 6.63
Current: 3.86

During the past 3 years, Micropro Software Solutions's highest PB Ratio was 6.63. The lowest was 3.66. And the median was 4.71.

NSE:MICROPRO's PB Ratio is ranked worse than
67.42% of 2581 companies
in the Software industry
Industry Median: 2.68 vs NSE:MICROPRO: 3.86

During the past 12 months, Micropro Software Solutions's average Book Value Per Share Growth Rate was 56.10% per year.

Back to Basics: PB Ratio


Micropro Software Solutions PB Ratio Historical Data

The historical data trend for Micropro Software Solutions'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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Micropro Software Solutions PB Ratio Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
PB Ratio
- - -

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
PB Ratio - - -

Competitive Comparison of Micropro Software Solutions's PB Ratio

For the Information Technology Services subindustry, Micropro Software Solutions'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.


Micropro Software Solutions's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Micropro Software Solutions's PB Ratio falls into.



Micropro Software Solutions 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.

Micropro Software Solutions's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2023)
=44.25/11.462
=3.86

* 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.


Micropro Software Solutions  (NSE:MICROPRO) 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.


Micropro Software Solutions PB Ratio Related Terms

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


Micropro Software Solutions (NSE:MICROPRO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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