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IRIS Business Services (BOM:540735) PB Ratio : 10.09 (As of May. 14, 2024)


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What is IRIS Business Services 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 (2024-05-14), IRIS Business Services's share price is ₹180.35. IRIS Business Services's Book Value per Share for the quarter that ended in Dec. 2023 was ₹17.88. Hence, IRIS Business Services's PB Ratio of today is 10.09.

The historical rank and industry rank for IRIS Business Services's PB Ratio or its related term are showing as below:

BOM:540735' s PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 2.98   Max: 10.91
Current: 10.11

During the past 11 years, IRIS Business Services's highest PB Ratio was 10.91. The lowest was 0.89. And the median was 2.98.

BOM:540735's PB Ratio is ranked worse than
87.72% of 2581 companies
in the Software industry
Industry Median: 2.68 vs BOM:540735: 10.11

During the past 12 months, IRIS Business Services's average Book Value Per Share Growth Rate was 18.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of IRIS Business Services was 11.90% per year. The lowest was -16.80% per year. And the median was -0.65% per year.

Back to Basics: PB Ratio


IRIS Business Services PB Ratio Historical Data

The historical data trend for IRIS Business Services'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.

IRIS Business Services PB Ratio Chart

IRIS Business Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.90 1.53 2.85 7.11 4.33

IRIS Business Services Quarterly Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.33 - 5.78 -

Competitive Comparison of IRIS Business Services's PB Ratio

For the Software - Application subindustry, IRIS Business Services'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.


IRIS Business Services's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, IRIS Business Services's PB Ratio distribution charts can be found below:

* The bar in red indicates where IRIS Business Services's PB Ratio falls into.



IRIS Business Services 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.

IRIS Business Services's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=180.35/17.878
=10.09

* 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:

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.


IRIS Business Services  (BOM:540735) 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.


IRIS Business Services PB Ratio Related Terms

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


IRIS Business Services (BOM:540735) Business Description

Traded in Other Exchanges
Address
T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703
IRIS Business Services Ltd is a provider of software products for compliance, data, and analytics. It offers products such as IRIS CARBON, a cloud-based filing platform that helps companies and mutual funds to meet their enterprise reporting needs, IRIS FinX, an integrated consolidation application, which enables end-to-end financial reporting by extracting data from various source; IRIS Data Consumption Platform, a structured data repository to access financial and non-financial data of public and private companies and IRIS iDEAL, a regulation reporting application for banks and financial institutions. The group's segments are Collect, Create and Consume. Its geographic segments are Middle Eastern Countries, America (including Canada and South American countries), Europe, India, Others.

IRIS Business Services (BOM:540735) Headlines

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