First Fintec (BOM:532379) PB Ratio: 0.65 (As of Aug. 20, 2026) — 33% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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BOM:532379 First Fintec Ltd BOM:532379
60 GF Score
Price ₹6.55
GF Value ₹6.92
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is First Fintec PB Ratio?

First Fintec BOM:532379 -0.76% 60 PB Ratio is 0.65 as of Aug. 20, 2026, which is 33% above its 10-year median of 0.49. GuruFocus rates BOM:532379 with a GF Score™ of 60/100 and a GF Value™ of ₹6.92 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,630 Software companies, First Fintec ranks better than 90.8% 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 (2026-08-20), First Fintec's share price is ₹6.55. First Fintec's Book Value per Share for the quarter that ended in Mar. 2026 was ₹10.11. Hence, First Fintec's PB Ratio of today is 0.65.

Good Sign:

First Fintec Ltd stock PB Ratio (=0.67) is close to 2-year low of 0.62.

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

BOM:532379' s PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.49   Max: 1.13
Current: 0.66

During the past 13 years, First Fintec's highest PB Ratio was 1.13. The lowest was 0.07. And the median was 0.49.

BOM:532379's PB Ratio is ranked better than
90.8% of 2630 companies
in the Software industry
Industry Median: 2.48 vs BOM:532379: 0.66

During the past 12 months, First Fintec's average Book Value Per Share Growth Rate was -0.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -1.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of First Fintec was -1.00% per year. The lowest was -60.10% per year. And the median was -8.50% per year.

Back to Basics: PB Ratio


First Fintec  (BOM:532379) 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.


First Fintec PB Ratio Related Terms


First Fintec PB Ratio Historical Data

* Premium members only.

The historical data trend for First Fintec'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.

First Fintec PB Ratio Chart

First Fintec Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 0.56 0.76 0.64

First Fintec Quarterly Data
Jun21 Sep21 Dec21 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 0.76 0.00 0.65 0.00 0.64

BOM:532379 vs QH, SHOP, UBER: PB Ratio Comparison

For the Software - Application subindustry, First Fintec'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.


First Fintec PB Ratio vs Software Industry

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

* The bar in red indicates where First Fintec's PB Ratio falls into.


BOM:532379
60GF Score
First Fintec Ltd BOM:532379
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Fintec 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.

First Fintec's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=6.55/10.114
=0.65

* 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 0.65 mean?
First Fintec (BOM:532379) has a PB Ratio of 0.65 as of Aug. 20, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on First Fintec and its competitors. This is 33% above median its historical median of 0.49. Over the past decade, First Fintec's PB Ratio has ranged from 0.07 to 1.13. According to the industry distribution chart, First Fintec ranks #242 out of 2630 companies in the Software industry, placing it in the top 9.2%.
Is First Fintec's PB Ratio too high?
First Fintec's current PB Ratio of 0.65 is 33% above median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 1.13. The Software industry median PB Ratio is 2.48. First Fintec's value of 0.65 is 73.8% below this industry median. Based on the distribution chart, First Fintec ranks #242 out of 2630 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, First Fintec has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does First Fintec's PB Ratio compare to QH and SHOP?
According to the Software industry distribution chart, First Fintec ranks #242 out of 2630 companies for PB Ratio. This places First Fintec in the top 9% of its industry — outperforming the majority of peers. The industry median PB Ratio is 2.48. First Fintec's value of 0.65 is 73.8% below this benchmark. Historically, First Fintec's own PB Ratio has ranged from 0.07 to 1.13 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 2.48, First Fintec 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 2.48, based on 2,630 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. First Fintec's current PB Ratio of 0.65 is 73.8% 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 First Fintec and its competitors. For the Software industry, the median PB Ratio is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Fintec's current PB Ratio is 0.65, which is 33% above median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Fintec stock overvalued right now?
Based on GuruFocus' analysis, First Fintec (BOM:532379) is currently considered Fairly Valued. The stock's GF Value™ is ₹6.92, compared to a current price of ₹6.55 — trading 5.3% below its estimated fair value. The current PB Ratio is 0.65, which is 33% above median its 10-year median of 0.49 and 73.8% below the Software industry median of 2.48. First Fintec's overall GF Score™ is 60/100 with 2 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 First Fintec (BOM:532379), the current PB Ratio is 0.65 as of Aug. 20, 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 First Fintec (BOM:532379) Overvalued in 2026?

Based on GuruFocus' analysis, First Fintec stock appears to be undervalued. The current stock price of ₹6.55 is trading 5.3% below its estimated GF Value™ of ₹6.92. GuruFocus considers First Fintec to be Fairly Valued.

Key valuation signals for BOM:532379:

  • PB Ratio: 0.65 (33% above median its 10-year median of 0.49)
  • GF Value™: ₹6.92 vs. price of ₹6.55 (5.3% below fair value)
  • GF Score™: 60/100 with 2 warning signs
  • Industry Position: 73.8% below the Software median (#242 of 2630)

No single metric tells the full story. See the BOM:532379 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Fintec Business Description

Address Dr. R.C. Marg, 302, The Bureau Chambers, Above State Bank of India, Chembur (East), Mumbai, MH, IND, 400071
First Fintec Ltd is an Information technology (IT), Information technology-enabled services(ITES), and e-education company that offers business, technology, and process consulting and services. The company operates in providing business process management and outsourcing strategies, enterprise resource planning software, and middle and back-office support to capital market arms of banks, educational institutions, and manufacturing and service companies. The firm generates the majority of its revenue from software services, educational software in the form of e-content, and software products.
60GF Score

Get the complete analysis for BOM:532379

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

₹6.55
Price
₹6.92
GF Value