Reliable Data Services (NSE:RELIABLE) Price-to-Tangible-Book : 1.46 (As of Jun. 19, 2024)

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What is Reliable Data Services Price-to-Tangible-Book?

As of today (2024-06-19), Reliable Data Services's share price is ₹55.30. Reliable Data Services's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was ₹37.90. Hence, Reliable Data Services's Price to Tangible Book Ratio of today is 1.46.

The historical rank and industry rank for Reliable Data Services's Price-to-Tangible-Book or its related term are showing as below:

NSE:RELIABLE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.71 Med: 1.21 Max: 1.72
Current: 1.46

During the past 11 years, Reliable Data Services's highest Price to Tangible Book Ratio was 1.72. The lowest was 0.71. And the median was 1.21.

NSE:RELIABLE's Price-to-Tangible-Book is ranked better than
83.39% of 2083 companies
in the Software industry
Industry Median: 3.48 vs NSE:RELIABLE: 1.46

A closely related ratio is called PB Ratio. As of today, Reliable Data Services's share price is ₹55.30. Reliable Data Services's Book Value per Sharefor the quarter that ended in Sep. 2023 was ₹45.35. Hence, Reliable Data Services's P/B Ratio of today is 1.22.

Reliable Data Services Price-to-Tangible-Book Historical Data

The historical data trend for Reliable Data Services's Price-to-Tangible-Book 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.

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Reliable Data Services Price-to-Tangible-Book Chart

Reliable Data Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.36

0.76

0.71

1.12

1.54

Reliable Data Services Quarterly Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	1.21	-	1.54	1.61

Competitive Comparison of Reliable Data Services's Price-to-Tangible-Book

For the Information Technology Services subindustry, Reliable Data Services's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Reliable Data Services's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Reliable Data Services's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Reliable Data Services's Price-to-Tangible-Book falls into.

Reliable Data Services Price-to-Tangible-Book Calculation

Reliable Data Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	55.30	/	37.895
	=	1.46

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Reliable Data Services Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Reliable Data Services's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Reliable Data Services (NSE:RELIABLE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Reliable Data Services Ltd (NSE:RELIABLE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

C-70, Sector - 2, Noida, UP, IND, 201301

Website

https://www.rdspl.com

Reliable Data Services Ltd is an India-based company that provides IT and IT-enabled services to various banking, financial services, and other manufacturing industries in the field of back-office processing, front office follow-ups, and management services. The business segments comprises of which are Banking, Financial Services and Insurance and Non-Banking, Financial Services and Insurance. The Banking, Financial Services and Insurance segment makes majority of its revenue for the company. The company provides transaction processing services and payroll services as well.

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