Ramco SystemsNSE:RAMCOSYS +20.00%63 PB Ratio is 7.21 as of Jun. 25, 2026, which is 223% above its 10-year median of 2.23. GuruFocus rates NSE:RAMCOSYS with a GF Score™ of 63/100 and a GF Value™ of ₹457.94 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,625 Software companies, Ramco Systems ranks worse than 85.64% 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 (2026-06-25), Ramco Systems's share price is ₹673.80. Ramco Systems's Book Value per Share for the quarter that ended in Mar. 2026 was ₹93.42. Hence, Ramco Systems's PB Ratio of today is 7.21.
The historical rank and industry rank for Ramco Systems's PB Ratio or its related term are showing as below:
NSE:RAMCOSYS'
s PB Ratio Range Over the Past 10 Years
Min: 0.35 Med: 2.23 Max: 7.59
Current: 7.22
During the past 13 years, Ramco Systems's highest PB Ratio was 7.59. The lowest was 0.35. And the median was 2.23.
NSE:RAMCOSYS's PB Ratio is ranked worse than 85.64% of 2625
companies
in the Software industry
Industry Median: 2.36
vs NSE:RAMCOSYS: 7.22
During the past 12 months, Ramco Systems's average Book Value Per Share Growth Rate was 10.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -18.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -7.60% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Ramco Systems was 1761.10% per year. The lowest was -90.80% per year. And the median was 3.20% 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.
Ramco Systems PB Ratio Related Terms
Ramco Systems PB Ratio Historical Data
* Premium members only.
The historical data trend for Ramco Systems'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.
NSE:RAMCOSYS vs CRM, SHOP, UBER: PB Ratio Comparison
For the Software - Application subindustry, Ramco Systems'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.
Ramco Systems PB Ratio vs Software Industry
For the Software industry and Technology sector, Ramco Systems's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ramco Systems'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.
Ramco Systems's PB Ratio for today is calculated as follows:
* 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.
Ramco Systems (NSE:RAMCOSYS) has a PB Ratio of 7.21 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Ramco Systems and its competitors. This is 223% above median its historical median of 2.23. Over the past decade, Ramco Systems' PB Ratio has ranged from 0.35 to 7.59. According to the industry distribution chart, Ramco Systems ranks #2248 out of 2625 companies in the Software industry, placing it in the top 85.6%.
Is Ramco Systems' PB Ratio too high?
Ramco Systems' current PB Ratio of 7.21 is 223% above median its 10-year median of 2.23. Over the past 10 years, this metric has ranged from a low of 0.35 to a high of 7.59. The Software industry median PB Ratio is 2.36. Ramco Systems' value of 7.21 is 205.5% above this industry median. Based on the distribution chart, Ramco Systems ranks #2248 out of 2625 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Ramco Systems has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Systems' PB Ratio compare to CRM and SHOP?
According to the Software industry distribution chart, Ramco Systems ranks #2248 out of 2625 companies for PB Ratio. This places Ramco Systems in the lower half of its industry. The industry median PB Ratio is 2.36. Ramco Systems' value of 7.21 is 205.5% above this benchmark. Historically, Ramco Systems' own PB Ratio has ranged from 0.35 to 7.59 over the past decade. While the company's 10-year median is 2.23 vs. the industry median of 2.36, Ramco Systems 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 2.36, based on 2,625 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. Ramco Systems's current PB Ratio of 7.21 is 205.5% 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 Ramco Systems and its competitors. For the Software industry, the median PB Ratio is 2.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Systems's current PB Ratio is 7.21, which is 223% above median its own 10-year median of 2.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Systems stock overvalued right now?
Based on GuruFocus' analysis, Ramco Systems (NSE:RAMCOSYS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹457.94, compared to a current price of ₹673.80 — trading 47.1% above its estimated fair value. The current PB Ratio is 7.21, which is 223% above median its 10-year median of 2.23 and 205.5% above the Software industry median of 2.36. Ramco Systems' overall GF Score™ is 63/100 with 1 warning sign 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 Ramco Systems (NSE:RAMCOSYS), the current PB Ratio is 7.21 as of Jun. 25, 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 Ramco Systems (NSE:RAMCOSYS) Overvalued in 2026?
Based on GuruFocus' analysis, Ramco Systems stock appears to be overvalued.
The current stock price of ₹673.80 is trading 47.1% above its estimated GF Value™ of ₹457.94.
GuruFocus considers Ramco Systems to be Significantly Overvalued.
Key valuation signals for NSE:RAMCOSYS:
PB Ratio: 7.21 (223% above median its 10-year median of 2.23)
GF Value™: ₹457.94 vs. price of ₹673.80 (47.1% above fair value)
Industry Position: 205.5% above the Software median (#2248 of 2625)
No single metric tells the full story. See the NSE:RAMCOSYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco Decision Works for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, and payroll & logistics software on the cloud. It as only one operating segment which is Software Solutions & Services.
63GF Score
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