Tata Technologies (BOM:544028) PB Ratio : 13.21 (As of May. 17, 2024)

View and export this data going back to 2023. Start your Free Trial

What is Tata Technologies PB Ratio?

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 (2024-05-17), Tata Technologies's share price is ₹1048.90. Tata Technologies's Book Value per Share for the quarter that ended in Mar. 2024 was ₹79.40. Hence, Tata Technologies's PB Ratio of today is 13.21.

Good Sign:

Tata Technologies Ltd stock PB Ratio (=12.72) is close to 1-year low of 12.72

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

BOM:544028' s PB Ratio Range Over the Past 10 Years
Min: 12.72 Med: 14.13 Max: 17.66
Current: 12.72

During the past 5 years, Tata Technologies's highest PB Ratio was 17.66. The lowest was 12.72. And the median was 14.13.

BOM:544028's PB Ratio is ranked worse than
91.45% of 2572 companies
in the Software industry
Industry Median: 2.69 vs BOM:544028: 12.72

During the past 12 months, Tata Technologies's average Book Value Per Share Growth Rate was 7.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Tata Technologies was 17.30% per year. The lowest was 14.60% per year. And the median was 15.95% per year.

Back to Basics: PB Ratio

Tata Technologies PB Ratio Historical Data

The historical data trend for Tata 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.

* Premium members only.

Tata Technologies PB Ratio Chart

Tata Technologies Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Mar24

PB Ratio

12.86

Tata Technologies Quarterly Data
	Mar20	Mar21	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
PB Ratio	Get a 7-Day Free Trial					-	-	-	-	12.86

Competitive Comparison of Tata Technologies's PB Ratio

For the Information Technology Services subindustry, Tata 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.

Tata Technologies's PB Ratio Distribution in the Software Industry

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

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

Tata 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2024)
	=	1048.90	/	79.395
	=	13.21

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Tata Technologies (BOM:544028) 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.

Tata Technologies PB Ratio Related Terms

Thank you for viewing the detailed overview of Tata Technologies's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Tata Technologies (BOM:544028) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tata Technologies Ltd (BOM:544028) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

TATATECH:India

Address

Plot No. 25, Rajiv Gandhi Infotech Park, Hinjawadi, Pune, MH, IND, 411 057

Website

https://www.tatatechnologies.com/in

Tata Technologies Ltd is a engineering services company offering product development and digital solutions, including turnkey solutions, to original equipment manufacturers (OEMs) and their tier-1 suppliers. It endeavors to create value for its clients by helping them develop safer products, and cleaner and improve the quality of life for their end-customers. It has deep domain expertise in the automotive industry and leverages this expertise to serve its clients in adjacent industries, such as aerospace and transportation and construction heavy machinery. As an organization, it brings together diverse teams from different parts of the world with multiple skill sets to collaborate in real time and solve complex engineering problems for its clients.

Tata Technologies (BOM:544028) Headlines

No Headlines