Sigma Solve (NSE:SIGMA) PB Ratio: 5.01 (As of Jul. 29, 2026) — 44% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SIGMA Sigma Solve Ltd NSE:SIGMA
88 GF Score
Price ₹37.55
GF Value ₹59.31
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Sigma Solve PB Ratio?

Sigma Solve NSE:SIGMA -1.00% 88 PB Ratio is 5.01 as of Jul. 29, 2026, which is 44% below its 10-year median of 8.98. GuruFocus rates NSE:SIGMA with a GF Score™ of 88/100 and a GF Value™ of ₹59.31 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,633 Software companies, Sigma Solve ranks worse than 77.59% 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 (2026-07-29), Sigma Solve's share price is ₹37.55. Sigma Solve's Book Value per Share for the quarter that ended in Mar. 2026 was ₹7.50. Hence, Sigma Solve's PB Ratio of today is 5.01.

Good Sign:

Sigma Solve Ltd stock PB Ratio (=5.04) is close to 5-year low of 4.92.

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

NSE:SIGMA' s PB Ratio Range Over the Past 10 Years
Min: 4.92   Med: 8.98   Max: 14.53
Current: 4.97

During the past 9 years, Sigma Solve's highest PB Ratio was 14.53. The lowest was 4.92. And the median was 8.98.

NSE:SIGMA's PB Ratio is ranked worse than
77.59% of 2633 companies
in the Software industry
Industry Median: 2.39 vs NSE:SIGMA: 4.97

During the past 12 months, Sigma Solve's average Book Value Per Share Growth Rate was 55.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 28.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.20% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Sigma Solve was 227.10% per year. The lowest was 15.90% per year. And the median was 57.10% per year.

Back to Basics: PB Ratio


Sigma Solve  (NSE:SIGMA) 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


Sigma Solve PB Ratio Historical Data

* Premium members only.

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.

Sigma Solve PB Ratio Chart

Sigma Solve Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 10.09 5.35 12.11 5.04 4.84

Sigma Solve Quarterly Data
Mar20 Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.04 0.00 8.50 0.00 4.84

NSE:SIGMA vs IBM, ACN, FISV: PB Ratio Comparison

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 PB Ratio vs 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.


NSE:SIGMA
88GF Score
Sigma Solve Ltd NSE:SIGMA
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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: Mar. 2026)
=37.55/7.499
=5.01

* 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 5.01 mean?
Sigma Solve (NSE:SIGMA) has a PB Ratio of 5.01 as of Jul. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Sigma Solve and its competitors. This is 44% below median its historical median of 8.98. Over the past decade, Sigma Solve's PB Ratio has ranged from 4.92 to 14.53. According to the industry distribution chart, Sigma Solve ranks #2043 out of 2633 companies in the Software industry, placing it in the top 77.6%.
Is Sigma Solve's PB Ratio too high?
Sigma Solve's current PB Ratio of 5.01 is 44% below median its 10-year median of 8.98. Over the past 10 years, this metric has ranged from a low of 4.92 to a high of 14.53. The Software industry median PB Ratio is 2.39. Sigma Solve's value of 5.01 is 109.6% above this industry median. Based on the distribution chart, Sigma Solve ranks #2043 out of 2633 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Sigma Solve has a GF Score™ of 88/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sigma Solve's PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Sigma Solve ranks #2043 out of 2633 companies for PB Ratio. This places Sigma Solve in the lower half of its industry. The industry median PB Ratio is 2.39. Sigma Solve's value of 5.01 is 109.6% above this benchmark. Historically, Sigma Solve's own PB Ratio has ranged from 4.92 to 14.53 over the past decade. While the company's 10-year median is 8.98 vs. the industry median of 2.39, Sigma Solve has consistently been above 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 2.39, based on 2,633 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. Sigma Solve's current PB Ratio of 5.01 is 109.6% above 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 Sigma Solve and its competitors. For the Software industry, the median PB Ratio is 2.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sigma Solve's current PB Ratio is 5.01, which is 44% below median its own 10-year median of 8.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sigma Solve stock overvalued right now?
Based on GuruFocus' analysis, Sigma Solve (NSE:SIGMA) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹59.31, compared to a current price of ₹37.55 — trading 36.7% below its estimated fair value. The current PB Ratio is 5.01, which is 44% below median its 10-year median of 8.98 and 109.6% above the Software industry median of 2.39. Sigma Solve's overall GF Score™ is 88/100 with 3 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 Sigma Solve (NSE:SIGMA), the current PB Ratio is 5.01 as of Jul. 29, 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 Sigma Solve (NSE:SIGMA) Overvalued in 2026?

Based on GuruFocus' analysis, Sigma Solve stock appears to be undervalued. The current stock price of ₹37.55 is trading 36.7% below its estimated GF Value™ of ₹59.31. GuruFocus considers Sigma Solve to be Significantly Undervalued.

Key valuation signals for NSE:SIGMA:

  • PB Ratio: 5.01 (44% below median its 10-year median of 8.98)
  • GF Value™: ₹59.31 vs. price of ₹37.55 (36.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs
  • Industry Position: 109.6% above the Software median (#2043 of 2633)

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


Sigma Solve Business Description

Other Exchanges 543917:India
Address Sindhu Bhavan Road, S G Highway, 801-803, PV Enclave, ICICI Bank Lane Road, Bodakdev, 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 from the export of services.
88GF Score

Get the complete analysis for NSE:SIGMA

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

₹37.55
Price
₹59.31
GF Value