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Trident Techlabs (NSE:TECHLABS) PB Ratio : 22.33 (As of Apr. 27, 2025)


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What is Trident Techlabs 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 (2025-04-27), Trident Techlabs's share price is ₹601.70. Trident Techlabs's Book Value per Share for the quarter that ended in Mar. 2024 was ₹26.95. Hence, Trident Techlabs's PB Ratio of today is 22.33.

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

NSE:TECHLABS' s PB Ratio Range Over the Past 10 Years
Min: 8.24   Med: 26.91   Max: 54.76
Current: 22.33

During the past 4 years, Trident Techlabs's highest PB Ratio was 54.76. The lowest was 8.24. And the median was 26.91.

NSE:TECHLABS's PB Ratio is ranked worse than
95.58% of 2581 companies
in the Software industry
Industry Median: 2.74 vs NSE:TECHLABS: 22.33

During the past 12 months, Trident Techlabs's average Book Value Per Share Growth Rate was 137.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 52.30% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Trident Techlabs was 52.30% per year. The lowest was 52.30% per year. And the median was 52.30% per year.

Back to Basics: PB Ratio


Trident Techlabs PB Ratio Historical Data

The historical data trend for Trident Techlabs'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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Trident Techlabs PB Ratio Chart

Trident Techlabs Annual Data
Trend Mar21 Mar22 Mar23 Mar24
PB Ratio
- - - 8.91

Trident Techlabs Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
PB Ratio - - - 8.91

Competitive Comparison of Trident Techlabs's PB Ratio

For the Software - Application subindustry, Trident Techlabs'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.


Trident Techlabs's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Trident Techlabs's PB Ratio falls into.


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Trident Techlabs 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.

Trident Techlabs's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=601.70/26.946
=22.33

* 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.


Trident Techlabs  (NSE:TECHLABS) 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.


Trident Techlabs PB Ratio Related Terms

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Trident Techlabs Business Description

Traded in Other Exchanges
N/A
Address
Rani Jhansi Road, 1/18-20, 2nd floor, White House, New Delhi, IND, 110055
Trident Techlabs Ltd offers custom-built technology solutions to corporates in the aerospace, defense, automotive, telecom, semiconductor and power distribution sectors. It has two business verticals i.e. Engineering Solutions and Power System Solutions. Engineering Solutions portfolio consists of system-level electronics design, chip-level electronics design, embedded design, PCB designing, electromagnetic simulations and other products and services. Power Solutions portfolio of products and related services helps power distribution utilities that face new challenges due to the ever-changing nature of the industry and the increasing pressure on network reliability. The company operates in two segments; trading business, and consultancy business which generates the majority of the revenue.

Trident Techlabs Headlines

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