Adjia Technologies (BOM:543269) PB Ratio: 2.54 (As of Aug. 10, 2026) — 78% Above 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.

BOM:543269 Adjia Technologies Ltd BOM:543269
42 GF Score
Price ₹61.82
GF Value ₹48.32
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Adjia Technologies PB Ratio?

Adjia Technologies BOM:543269 -0.02% 42 PB Ratio is 2.54 as of Aug. 10, 2026, which is 78% above its 10-year median of 1.43. GuruFocus rates BOM:543269 with a GF Score™ of 42/100 and a GF Value™ of ₹48.32 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 2,633 Software companies, Adjia Technologies ranks worse than 50.47% 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 (2026-08-10), Adjia Technologies's share price is ₹61.82. Adjia Technologies's Book Value per Share for the quarter that ended in Mar. 2026 was ₹24.30. Hence, Adjia Technologies's PB Ratio of today is 2.54.

Warning Sign:

Adjia Technologies Ltd stock PB Ratio (=2.54) is close to 5-year high of 2.54.

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

BOM:543269' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.43   Max: 166.28
Current: 2.54

During the past 11 years, Adjia Technologies's highest PB Ratio was 166.28. The lowest was 0.87. And the median was 1.43.

BOM:543269's PB Ratio is ranked worse than
50.47% of 2633 companies
in the Software industry
Industry Median: 2.49 vs BOM:543269: 2.54

During the past 12 months, Adjia Technologies's average Book Value Per Share Growth Rate was -5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.40% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Adjia Technologies was 284.70% per year. The lowest was -2.60% per year. And the median was 0.00% per year.

Back to Basics: PB Ratio


Adjia Technologies  (BOM:543269) 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.


Adjia Technologies PB Ratio Related Terms


Adjia Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Adjia 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.

Adjia Technologies PB Ratio Chart

Adjia Technologies 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 1.43 1.17 1.35 1.90 2.20

Adjia Technologies Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 1.35 1.87 1.90 1.76 2.20

BOM:543269 vs IBM, ACN, FISV: PB Ratio Comparison

For the Information Technology Services subindustry, Adjia 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.


Adjia Technologies PB Ratio vs Software Industry

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

* The bar in red indicates where Adjia Technologies's PB Ratio falls into.


BOM:543269
42GF Score
Adjia Technologies Ltd BOM:543269
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Adjia Technologies 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.

Adjia Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=61.82/24.302
=2.54

* 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 2.54 mean?
Adjia Technologies (BOM:543269) has a PB Ratio of 2.54 as of Aug. 10, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Adjia Technologies and its competitors. This is 78% above median its historical median of 1.43. Over the past decade, Adjia Technologies' PB Ratio has ranged from 0.87 to 166.28. According to the industry distribution chart, Adjia Technologies ranks #1329 out of 2633 companies in the Software industry, placing it in the top 50.5%.
Is Adjia Technologies' PB Ratio too high?
Adjia Technologies' current PB Ratio of 2.54 is 78% above median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 166.28. The Software industry median PB Ratio is 2.49. Adjia Technologies' value of 2.54 is 2% above this industry median. Based on the distribution chart, Adjia Technologies ranks #1329 out of 2633 companies in the Software industry, which is below the industry midpoint. Overall, Adjia Technologies has a GF Score™ of 42/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Adjia Technologies' PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Adjia Technologies ranks #1329 out of 2633 companies for PB Ratio. This places Adjia Technologies in the lower half of its industry. The industry median PB Ratio is 2.49. Adjia Technologies' value of 2.54 is 2% above this benchmark. Historically, Adjia Technologies' own PB Ratio has ranged from 0.87 to 166.28 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 2.49, Adjia Technologies 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 2.49, 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. Adjia Technologies's current PB Ratio of 2.54 is 2% 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 Adjia Technologies and its competitors. For the Software industry, the median PB Ratio is 2.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adjia Technologies's current PB Ratio is 2.54, which is 78% above median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adjia Technologies stock overvalued right now?
Based on GuruFocus' analysis, Adjia Technologies (BOM:543269) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹48.32, compared to a current price of ₹61.82 — trading 27.9% above its estimated fair value. The current PB Ratio is 2.54, which is 78% above median its 10-year median of 1.43 and 2% above the Software industry median of 2.49. Adjia Technologies' overall GF Score™ is 42/100 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 Adjia Technologies (BOM:543269), the current PB Ratio is 2.54 as of Aug. 10, 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 Adjia Technologies (BOM:543269) Overvalued in 2026?

Based on GuruFocus' analysis, Adjia Technologies stock appears to be overvalued. The current stock price of ₹61.82 is trading 27.9% above its estimated GF Value™ of ₹48.32. GuruFocus considers Adjia Technologies to be Modestly Overvalued.

Key valuation signals for BOM:543269:

  • PB Ratio: 2.54 (78% above median its 10-year median of 1.43)
  • GF Value™: ₹48.32 vs. price of ₹61.82 (27.9% above fair value)
  • GF Score™: 42/100 with 2 warning signs
  • Industry Position: 2% above the Software median (#1329 of 2633)

No single metric tells the full story. See the BOM:543269 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Adjia Technologies Business Description

Address High Street, Money Plant, Near Ganesh Glory-11, A 1039 and 1040, Jagatpur, Dascroi, Ahmedabad, GJ, IND, 382470
Adjia Technologies Ltd offers augmented reality and virtual reality services, providing digital experiences for industries like manufacturing, education, tourism, hospitality, entertainment, and real estate. The company also provides software consultancy services and develops technology solutions that help businesses enhance efficiency and apply dynamic pricing and sector-specific approaches. Its operations focus on delivering cutting-edge AR, VR, and 360 solutions is strategically positioned to capitalize on the growing demand and evolving use cases in this dynamic industry landscape. Revenue is generated chiefly through the provision of these augmented and virtual reality solutions along with related software services.
42GF Score

Get the complete analysis for BOM:543269

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

₹61.82
Price
₹48.32
GF Value