Reliable Data Services (NSE:RELIABLE) PB Ratio : 1.22 (As of Jun. 19, 2024)

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What is Reliable Data Services 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 (2024-06-19), Reliable Data Services's share price is ₹55.30. Reliable Data Services's Book Value per Share for the quarter that ended in Sep. 2023 was ₹45.35. Hence, Reliable Data Services's PB Ratio of today is 1.22.

Good Sign:

Reliable Data Services Ltd stock PB Ratio (=1.17) is close to 3-year low of 1.07

The historical rank and industry rank for Reliable Data Services's PB Ratio or its related term are showing as below:

NSE:RELIABLE' s PB Ratio Range Over the Past 10 Years
Min: 1.07 Med: 1.39 Max: 1.76
Current: 1.22

During the past 11 years, Reliable Data Services's highest PB Ratio was 1.76. The lowest was 1.07. And the median was 1.39.

NSE:RELIABLE's PB Ratio is ranked better than
80.27% of 2564 companies
in the Software industry
Industry Median: 2.61 vs NSE:RELIABLE: 1.22

During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 28.10% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Reliable Data Services was 57.00% per year. The lowest was 5.40% per year. And the median was 21.45% per year.

Back to Basics: PB Ratio

Reliable Data Services PB Ratio Historical Data

The historical data trend for Reliable Data Services'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.

Reliable Data Services PB Ratio Chart

Reliable Data Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

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1.36

0.76

0.71

1.12

1.25

Reliable Data Services Quarterly Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial															-	1.21	-	1.25	1.35

Competitive Comparison of Reliable Data Services's PB Ratio

For the Information Technology Services subindustry, Reliable Data Services'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.

Reliable Data Services's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Reliable Data Services's PB Ratio falls into.

Reliable Data Services 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.

Reliable Data Services's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	55.30	/	45.347
	=	1.22

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.

Reliable Data Services (NSE:RELIABLE) 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.

Reliable Data Services PB Ratio Related Terms

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

Reliable Data Services (NSE:RELIABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reliable Data Services Ltd (NSE:RELIABLE) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-70, Sector - 2, Noida, UP, IND, 201301

Website

https://www.rdspl.com

Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment makes majority of its revenue for the company. The company provides transaction processing services and payroll services as well.

Reliable Data Services (NSE:RELIABLE) Headlines

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