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Micropro Software Solutions (NSE:MICROPRO) Price-to-Tangible-Book : 3.86 (As of May. 13, 2024)


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What is Micropro Software Solutions Price-to-Tangible-Book?

As of today (2024-05-13), Micropro Software Solutions's share price is ₹44.25. Micropro Software Solutions's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was ₹11.46. Hence, Micropro Software Solutions's Price to Tangible Book Ratio of today is 3.86.

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

NSE:MICROPRO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.86
Current: 3.86

During the past 3 years, Micropro Software Solutions's highest Price to Tangible Book Ratio was 3.86. The lowest was 0.00. And the median was 0.00.

NSE:MICROPRO's Price-to-Tangible-Book is ranked worse than
52.18% of 2089 companies
in the Software industry
Industry Median: 3.6 vs NSE:MICROPRO: 3.86

A closely related ratio is called PB Ratio. As of today, Micropro Software Solutions's share price is ₹44.25. Micropro Software Solutions's Book Value per Sharefor the quarter that ended in Mar. 2023 was ₹11.46. Hence, Micropro Software Solutions's P/B Ratio of today is 3.86.

Micropro Software Solutions Price-to-Tangible-Book Historical Data

The historical data trend for Micropro Software Solutions'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.

Micropro Software Solutions Price-to-Tangible-Book Chart

Micropro Software Solutions Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - -

Micropro Software Solutions Semi-Annual Data
Mar21 Mar22 Mar23
Price-to-Tangible-Book - - -

Competitive Comparison of Micropro Software Solutions's Price-to-Tangible-Book

For the Information Technology Services subindustry, Micropro Software Solutions'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.

Micropro Software Solutions's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where Micropro Software Solutions's Price-to-Tangible-Book falls into.


Micropro Software Solutions Price-to-Tangible-Book Calculation

Micropro Software Solutions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2023 )
=44.25/11.461
=3.86

* 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.

Micropro Software Solutions Price-to-Tangible-Book Related Terms

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

Micropro Software Solutions (NSE:MICROPRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Micropro Software Solutions Ltd (NSE:MICROPRO) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
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Address
Gayatri Nagar Road, Plot NO. 28, 102 Wing A, 7th Floor, VIPL IT Park Building, Nagpur, MH, IND, 440022
Website
https://www.microproindia.com
Micropro Software Solutions Ltd is engaged in the business of providing software development, maintenance services as well as trading of hardware and software products. The company provides consulting along with technical services and IT solutions to its clients across different industries. The services offered by the company include IT Infrastructure Management, Manpower Services, Network and Security Services among others. It also offers software products such as HospyCare, OpenSys-Logix, OpenSys MicroBooks and others.

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