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Tridhya Tech (NSE:TRIDHYA) Price-to-Tangible-Book : 2.18 (As of May. 16, 2025)


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What is Tridhya Tech Price-to-Tangible-Book?

As of today (2025-05-16), Tridhya Tech's share price is ₹24.00. Tridhya Tech's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹10.99. Hence, Tridhya Tech's Price to Tangible Book Ratio of today is 2.18.

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

NSE:TRIDHYA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.14   Med: 2.44   Max: 2.44
Current: 2.18

During the past 5 years, Tridhya Tech's highest Price to Tangible Book Ratio was 2.44. The lowest was 2.14. And the median was 2.44.

NSE:TRIDHYA's Price-to-Tangible-Book is ranked better than
70.59% of 2132 companies
in the Software industry
Industry Median: 3.685 vs NSE:TRIDHYA: 2.18

A closely related ratio is called PB Ratio. As of today, Tridhya Tech's share price is ₹24.00. Tridhya Tech's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹20.05. Hence, Tridhya Tech's P/B Ratio of today is 1.20.

Tridhya Tech Price-to-Tangible-Book Historical Data

The historical data trend for Tridhya Tech'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.

Tridhya Tech Price-to-Tangible-Book Chart

Tridhya Tech Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book
- - - - 2.44

Tridhya Tech Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24
Price-to-Tangible-Book - - - - 2.44

Competitive Comparison of Tridhya Tech's Price-to-Tangible-Book

For the Software - Infrastructure subindustry, Tridhya Tech'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.

Tridhya Tech's Price-to-Tangible-Book Distribution in the Software Industry

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

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


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Tridhya Tech Price-to-Tangible-Book Calculation

Tridhya Tech's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=24.00/10.987
=2.18

* 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:

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.

Tridhya Tech Price-to-Tangible-Book Related Terms

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

Tridhya Tech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Tridhya Tech Ltd (NSE:TRIDHYA) » Definitions » Price-to-Tangible-Book
Comparable Companies
BOM:532402 BOM:544393 BOM:543451 BOM:544189 BOM:544052 NSE:GSTL NSE:VIVO BOM:509024 BOM:544094 BOM:512405 MSFT ORCL PLTR PANW CRWD FTNT SNPS XAMS:ADYEN NET XYZ
Traded in Other Exchanges
N/A
Address
S. P. Ring Road, 401, One World West, Near Ambli T-Junction 200, Bopal, Ahmedabad, GJ, IND, 380058
Website
https://www.tridhyatech.com
Tridhya Tech Ltd is engaged in full-service Software Development which includes all IT services and resources. It provides turnkey consultancy services to various industries like e-commerce, Real estate, transport and Logistics, Insurance and other sectors. The company provides services related to e-commerce development, Enterprise Content Management, Bespoke Web Management, Mobile App, Development, API Development, Product Support & Maintenance, Front End Development and Graphic design. It provides customized software products, which start from the initial concept of the product requirement, designing the architecture, coding and testing, and deploying to the final deployment of the product, and also provides post-deployment support on time to time basis to its clients.

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