Systango Technologies (NSE:SYSTANGO) PB Ratio: 2.37 (As of Aug. 12, 2026) — 48% Below Median

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NSE:SYSTANGO Systango Technologies Ltd NSE:SYSTANGO
92 GF Score
Price ₹218.50
GF Value ₹351.45
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is Systango Technologies PB Ratio?

Systango Technologies NSE:SYSTANGO +2.92% 92 PB Ratio is 2.37 as of Aug. 12, 2026, which is 48% below its 10-year median of 4.52. GuruFocus rates NSE:SYSTANGO with a GF Score™ of 92/100 and a GF Value™ of ₹351.45 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,629 Software companies, Systango Technologies ranks better than 52.87% 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 (2026-08-12), Systango Technologies's share price is ₹218.50. Systango Technologies's Book Value per Share for the quarter that ended in Mar. 2026 was ₹92.32. Hence, Systango Technologies's PB Ratio of today is 2.37.

Good Sign:

Systango Technologies Ltd stock PB Ratio (=2.28) is close to 5-year low of 2.28.

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

NSE:SYSTANGO' s PB Ratio Range Over the Past 10 Years
Min: 2.28   Med: 4.52   Max: 10.63
Current: 2.37

During the past 7 years, Systango Technologies's highest PB Ratio was 10.63. The lowest was 2.28. And the median was 4.52.

NSE:SYSTANGO's PB Ratio is ranked better than
52.87% of 2629 companies
in the Software industry
Industry Median: 2.5 vs NSE:SYSTANGO: 2.37

During the past 12 months, Systango Technologies's average Book Value Per Share Growth Rate was 32.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 30.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 68.30% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Systango Technologies was 134.70% per year. The lowest was 30.00% per year. And the median was 87.20% per year.

Back to Basics: PB Ratio


Systango Technologies  (NSE:SYSTANGO) 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.


Systango Technologies PB Ratio Related Terms


Systango Technologies PB Ratio Historical Data

* Premium members only.

The historical data trend for Systango 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.

Systango Technologies PB Ratio Chart

Systango Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial 0.00 3.16 5.78 2.88 2.51

Systango Technologies Semi-Annual Data
Mar20 Mar21 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 5.78 4.13 2.88 2.70 2.51

NSE:SYSTANGO vs MSFT, ORCL, PLTR: PB Ratio Comparison

For the Software - Infrastructure subindustry, Systango 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.


Systango Technologies PB Ratio vs Software Industry

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

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


NSE:SYSTANGO
92GF Score
Systango Technologies Ltd NSE:SYSTANGO
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Systango 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=218.50/92.317
=2.37

* 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 2.37 mean?
Systango Technologies (NSE:SYSTANGO) has a PB Ratio of 2.37 as of Aug. 12, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Systango Technologies and its competitors. This is 48% below median its historical median of 4.52. Over the past decade, Systango Technologies' PB Ratio has ranged from 2.28 to 10.63. According to the industry distribution chart, Systango Technologies ranks #1239 out of 2629 companies in the Software industry, placing it in the top 47.1%.
Is Systango Technologies' PB Ratio too high?
Systango Technologies' current PB Ratio of 2.37 is 48% below median its 10-year median of 4.52. Over the past 10 years, this metric has ranged from a low of 2.28 to a high of 10.63. The Software industry median PB Ratio is 2.50. Systango Technologies' value of 2.37 is 5.2% below this industry median. Based on the distribution chart, Systango Technologies ranks #1239 out of 2629 companies in the Software industry, which is above the industry midpoint. Overall, Systango Technologies has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Systango Technologies' PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, Systango Technologies ranks #1239 out of 2629 companies for PB Ratio. This puts Systango Technologies in the upper half of its industry. The industry median PB Ratio is 2.50. Systango Technologies' value of 2.37 is 5.2% below this benchmark. Historically, Systango Technologies' own PB Ratio has ranged from 2.28 to 10.63 over the past decade. While the company's 10-year median is 4.52 vs. the industry median of 2.50, Systango 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 2.50, based on 2,629 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. Systango Technologies's current PB Ratio of 2.37 is 5.2% 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 Systango Technologies and its competitors. For the Software industry, the median PB Ratio is 2.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Systango Technologies's current PB Ratio is 2.37, which is 48% below median its own 10-year median of 4.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systango Technologies stock overvalued right now?
Based on GuruFocus' analysis, Systango Technologies (NSE:SYSTANGO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹351.45, compared to a current price of ₹218.50 — trading 37.8% below its estimated fair value. The current PB Ratio is 2.37, which is 48% below median its 10-year median of 4.52 and 5.2% below the Software industry median of 2.50. Systango Technologies' overall GF Score™ is 92/100 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 Systango Technologies (NSE:SYSTANGO), the current PB Ratio is 2.37 as of Aug. 12, 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 Systango Technologies (NSE:SYSTANGO) Overvalued in 2026?

Based on GuruFocus' analysis, Systango Technologies stock appears to be undervalued. The current stock price of ₹218.50 is trading 37.8% below its estimated GF Value™ of ₹351.45. GuruFocus considers Systango Technologies to be Significantly Undervalued.

Key valuation signals for NSE:SYSTANGO:

  • PB Ratio: 2.37 (48% below median its 10-year median of 4.52)
  • GF Value™: ₹351.45 vs. price of ₹218.50 (37.8% below fair value)
  • GF Score™: 92/100 with 2 warning signs
  • Industry Position: 5.2% below the Software median (#1239 of 2629)

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


Systango Technologies Business Description

Address Ring Road, 3rd Floor (LHS), STP-I Crystal IT Park, Indore, MP, IND, 452010
Systango Technologies Ltd is engaged in the business of providing software solutions to design, implement, and manage their own Customized Digital Platforms including Web2, Web3, and Mobile applications, with an emphasis on data and analytics. The range of software solutions provided by the company is wide and includes website development, mobile app development for both IOS and Android applications, web3 development, decentralized finance, data engineering, implementation of blockchain, cloud computing, and digital marketing. Systango offers its services across various sectors like Hospitality, Property Tech, Financial Services, Fantasy Sports and many others.
92GF Score

Get the complete analysis for NSE:SYSTANGO

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

₹218.50
Price
₹351.45
GF Value