Systango Technologies (NSE:SYSTANGO) Price-to-Tangible-Book : 4.60 (As of Jun. 23, 2024)

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What is Systango Technologies Price-to-Tangible-Book?

As of today (2024-06-23), Systango Technologies's share price is ₹236.60. Systango Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹51.44. Hence, Systango Technologies's Price to Tangible Book Ratio of today is 4.60.

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

NSE:SYSTANGO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.23 Med: 4.62 Max: 6
Current: 4.6

During the past 5 years, Systango Technologies's highest Price to Tangible Book Ratio was 6.00. The lowest was 3.23. And the median was 4.62.

NSE:SYSTANGO's Price-to-Tangible-Book is ranked worse than
60.02% of 2086 companies
in the Software industry
Industry Median: 3.46 vs NSE:SYSTANGO: 4.60

A closely related ratio is called PB Ratio. As of today, Systango Technologies's share price is ₹236.60. Systango Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹53.41. Hence, Systango Technologies's P/B Ratio of today is 4.43.

Systango Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Systango Technologies'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.

* Premium members only.

Systango Technologies Price-to-Tangible-Book Chart

Systango Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

3.23

6.00

Systango Technologies Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	3.23	5.34	6.01

Competitive Comparison of Systango Technologies's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Systango Technologies'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.

Systango Technologies's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Systango Technologies's Price-to-Tangible-Book falls into.

Systango Technologies Price-to-Tangible-Book Calculation

Systango Technologies's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	236.60	/	51.442
	=	4.60

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.

Systango Technologies Price-to-Tangible-Book Related Terms

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

Systango Technologies (NSE:SYSTANGO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Systango Technologies Ltd (NSE:SYSTANGO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

Ring Road, 3rd Floor (LHS), STP-I Crystal IT Park, Indore, MP, IND, 452010

Website

https://www.systango.com

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.

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