Tech Mahindra (BOM:532755) PB Ratio : 4.58 (As of May. 05, 2024)

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What is Tech Mahindra 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 (2024-05-05), Tech Mahindra's share price is ₹1249.65. Tech Mahindra's Book Value per Share for the quarter that ended in Mar. 2024 was ₹273.04. Hence, Tech Mahindra's PB Ratio of today is 4.58.

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

BOM:532755' s PB Ratio Range Over the Past 10 Years
Min: 2.03 Med: 3.59 Max: 6.64
Current: 4.72

During the past 13 years, Tech Mahindra's highest PB Ratio was 6.64. The lowest was 2.03. And the median was 3.59.

BOM:532755's PB Ratio is ranked worse than
71.57% of 2578 companies
in the Software industry
Industry Median: 2.67 vs BOM:532755: 4.72

During the past 12 months, Tech Mahindra's average Book Value Per Share Growth Rate was -4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.00% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tech Mahindra was 46.00% per year. The lowest was 2.10% per year. And the median was 15.30% per year.

Back to Basics: PB Ratio

Tech Mahindra PB Ratio Historical Data

The historical data trend for Tech Mahindra'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.

Tech Mahindra PB Ratio Chart

Tech Mahindra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

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2.45

3.86

4.89

3.84

4.58

Tech Mahindra Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial															3.84	-	4.52	-	4.58

Competitive Comparison of Tech Mahindra's PB Ratio

For the Information Technology Services subindustry, Tech Mahindra'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.

Tech Mahindra's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Tech Mahindra's PB Ratio falls into.

Tech Mahindra 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.

Tech Mahindra's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	1249.65	/	273.04
	=	4.58

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.

Tech Mahindra (BOM:532755) 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.

Tech Mahindra PB Ratio Related Terms

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

Tech Mahindra (BOM:532755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tech Mahindra Ltd (BOM:532755) » Definitions » PB Ratio

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TECHM:India

Address

Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057

Website

https://www.techmahindra.com

Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

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