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The historical rank and industry rank for Protean eGov Technologies's PB Ratio or its related term are showing as below:
NSE:PROTEAN'
s PB Ratio Range Over the Past 10 Years
Min: 1.84 Med: 3.91 Max: 8.57
Current: 2.37
During the past 6 years, Protean eGov Technologies's highest PB Ratio was 8.57. The lowest was 1.84. And the median was 3.91.
NSE:PROTEAN's PB Ratio is ranked better than 50.85% of 2635
companies
in the Software industry
Industry Median: 2.41
vs NSE:PROTEAN: 2.37
During the past 12 months, Protean eGov Technologies's average Book Value Per Share Growth Rate was 7.70% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.40% per year.
During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Protean eGov Technologies was 11.50% per year. The lowest was 7.80% per year. And the median was 8.10% per year.
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.
Protean eGov Technologies PB Ratio Related Terms
Protean eGov Technologies PB Ratio Historical Data
* 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.
NSE:PROTEAN vs IBM, ACN, FISV: PB Ratio Comparison
For the Information Technology Services subindustry, Protean eGov 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.
Protean eGov Technologies PB Ratio vs Software Industry
For the Software industry and Technology sector, Protean eGov Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Protean eGov 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.
Protean eGov Technologies (NSE:PROTEAN) has a PB Ratio of 2.32 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Protean eGov Technologies and its competitors. This is 41% below median its historical median of 3.91. Over the past decade, Protean eGov Technologies' PB Ratio has ranged from 1.84 to 8.57. According to the industry distribution chart, Protean eGov Technologies ranks #1295 out of 2635 companies in the Software industry, placing it in the top 49.1%.
Is Protean eGov Technologies' PB Ratio too high?
Protean eGov Technologies' current PB Ratio of 2.32 is 41% below median its 10-year median of 3.91. Over the past 10 years, this metric has ranged from a low of 1.84 to a high of 8.57. The Software industry median PB Ratio is 2.41. Protean eGov Technologies' value of 2.32 is 3.7% below this industry median. Based on the distribution chart, Protean eGov Technologies ranks #1295 out of 2635 companies in the Software industry, which is above the industry midpoint. Overall, Protean eGov Technologies has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Protean eGov Technologies' PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, Protean eGov Technologies ranks #1295 out of 2635 companies for PB Ratio. This puts Protean eGov Technologies in the upper half of its industry. The industry median PB Ratio is 2.41. Protean eGov Technologies' value of 2.32 is 3.7% below this benchmark. Historically, Protean eGov Technologies' own PB Ratio has ranged from 1.84 to 8.57 over the past decade. While the company's 10-year median is 3.91 vs. the industry median of 2.41, Protean eGov 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 2.41, based on 2,635 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. Protean eGov Technologies's current PB Ratio of 2.32 is 3.7% 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 Protean eGov Technologies and its competitors. For the Software industry, the median PB Ratio is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Protean eGov Technologies's current PB Ratio is 2.32, which is 41% below median its own 10-year median of 3.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Protean eGov Technologies stock overvalued right now?
Based on GuruFocus' analysis, Protean eGov Technologies (NSE:PROTEAN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,374.59, compared to a current price of ₹616.15 — trading 55.2% below its estimated fair value. The current PB Ratio is 2.32, which is 41% below median its 10-year median of 3.91 and 3.7% below the Software industry median of 2.41. Protean eGov Technologies' overall GF Score™ is 51/100 with 4 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 Protean eGov Technologies (NSE:PROTEAN), the current PB Ratio is 2.32 as of Aug. 01, 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 Protean eGov Technologies (NSE:PROTEAN) Overvalued in 2026?
Based on GuruFocus' analysis, Protean eGov Technologies stock appears to be undervalued.
The current stock price of ₹616.15 is trading 55.2% below its estimated GF Value™ of ₹1,374.59.
GuruFocus considers Protean eGov Technologies to be Possible Value Trap.
Key valuation signals for NSE:PROTEAN:
PB Ratio: 2.32 (41% below median its 10-year median of 3.91)
GF Value™: ₹1,374.59 vs. price of ₹616.15 (55.2% below fair value)
Industry Position: 3.7% below the Software median (#1295 of 2635)
No single metric tells the full story. See the NSE:PROTEAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Protean eGov Technologies Ltd is engaged in providing Information Technology (IT) enabled e-Governance services. It works on tax modernization, open digital ecosystems, and social security-related projects. It offers citizen services, e-governance solutions, system integration, business process re-engineering, data center co-location, and IT consulting services for citizens, corporations, and the government. Some of the projects that the company works on include the acceptance and processing of PAN applications, e-KYC, GST verification, PAN verification, and others. Geographically, the company currently offers its services only in India.
51GF Score
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