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Avance TechnologiesBOM:512149 -1.10%40 PB Ratio is 0.45 as of Jul. 24, 2026, which is 181% above its 10-year median of 0.16. GuruFocus rates BOM:512149 with a GF Score™ of 40/100 and a GF Value™ of ₹1.22 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 2,634 Software companies, Avance Technologies ranks better than 95.44% on this metric.
Avance Technologies Ltd stock PB Ratio (=0.47) is close to 1-year low of 0.47.
The historical rank and industry rank for Avance Technologies's PB Ratio or its related term are showing as below:
BOM:512149'
s PB Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 1.6
Current: 0.45
During the past 13 years, Avance Technologies's highest PB Ratio was 1.60. The lowest was 0.01. And the median was 0.16.
BOM:512149's PB Ratio is ranked better than 95.44% of 2634
companies
in the Software industry
Industry Median: 2.345
vs BOM:512149: 0.45
During the past 12 months, Avance Technologies's average Book Value Per Share Growth Rate was 3.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 2.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 5.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Avance Technologies was 33.40% per year. The lowest was -31.60% per year. And the median was -0.75% per year.
Back to Basics: PB Ratio
Avance Technologies (BOM:512149) PB Ratio Explanation
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.
Avance Technologies PB Ratio Related Terms
Avance Technologies PB Ratio Historical Data
* Premium members only.
The historical data trend for Avance Technologies'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.
For the Information Technology Services subindustry, Avance Technologies'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.
Avance Technologies PB Ratio vs Software Industry
For the Software industry and Technology sector, Avance Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Avance Technologies's PB Ratio falls into.
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.
* 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.
Avance Technologies (BOM:512149) has a PB Ratio of 0.45 as of Jul. 24, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Avance Technologies and its competitors. This is 181% above median its historical median of 0.16. Over the past decade, Avance Technologies' PB Ratio has ranged from 0.01 to 1.60. According to the industry distribution chart, Avance Technologies ranks #120 out of 2634 companies in the Software industry, placing it in the top 4.6%.
Is Avance Technologies' PB Ratio too high?
Avance Technologies' current PB Ratio of 0.45 is 181% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.60. The Software industry median PB Ratio is 2.35. Avance Technologies' value of 0.45 is 80.8% below this industry median. Based on the distribution chart, Avance Technologies ranks #120 out of 2634 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Avance Technologies has a GF Score™ of 40/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Avance Technologies' PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Avance Technologies ranks #120 out of 2634 companies for PB Ratio. This places Avance Technologies in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.35. Avance Technologies' value of 0.45 is 80.8% below this benchmark. Historically, Avance Technologies' own PB Ratio has ranged from 0.01 to 1.60 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 2.35, Avance Technologies has consistently been below 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 2.35, based on 2,634 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. Avance Technologies's current PB Ratio of 0.45 is 80.8% below 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 Avance Technologies and its competitors. For the Software industry, the median PB Ratio is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Avance Technologies's current PB Ratio is 0.45, which is 181% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avance Technologies stock overvalued right now?
Based on GuruFocus' analysis, Avance Technologies (BOM:512149) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1.22, compared to a current price of ₹0.90 — trading 26.2% below its estimated fair value. The current PB Ratio is 0.45, which is 181% above median its 10-year median of 0.16 and 80.8% below the Software industry median of 2.35. Avance Technologies' overall GF Score™ is 40/100 with 6 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 Avance Technologies (BOM:512149), the current PB Ratio is 0.45 as of Jul. 24, 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 Avance Technologies (BOM:512149) Overvalued in 2026?
Based on GuruFocus' analysis, Avance Technologies stock appears to be undervalued.
The current stock price of ₹0.90 is trading 26.2% below its estimated GF Value™ of ₹1.22.
GuruFocus considers Avance Technologies to be Modestly Undervalued.
Key valuation signals for BOM:512149:
PB Ratio: 0.45 (181% above median its 10-year median of 0.16)
GF Value™: ₹1.22 vs. price of ₹0.90 (26.2% below fair value)
Industry Position: 80.8% below the Software median (#120 of 2634)
No single metric tells the full story. See the BOM:512149 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avance Technologies Ltd operates in software-related products. It offers technology solutions to help businesses optimize their digital ecosystems. The company's key services include: digital infrastructure solutions, embedded device management, hybrid infrastructure services, cloud integration and management, data center management and optimization, and IoT infrastructure management, among others. It caters to the technological needs of businesses across various sectors such as healthcare, finance, manufacturing, and hospitality.
40GF Score
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