Sasken Technologies (BOM:532663) Price-to-Tangible-Book : 3.13 (As of May. 23, 2024)

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

As of today (2024-05-23), Sasken Technologies's share price is ₹1557.65. Sasken Technologies's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹498.02. Hence, Sasken Technologies's Price to Tangible Book Ratio of today is 3.13.

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

BOM:532663' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.04 Med: 1.6 Max: 3.13
Current: 3.13

During the past 13 years, Sasken Technologies's highest Price to Tangible Book Ratio was 3.13. The lowest was 1.04. And the median was 1.60.

BOM:532663's Price-to-Tangible-Book is ranked better than
55.64% of 2085 companies
in the Software industry
Industry Median: 3.57 vs BOM:532663: 3.13

A closely related ratio is called PB Ratio. As of today, Sasken Technologies's share price is ₹1557.65. Sasken Technologies's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹509.90. Hence, Sasken Technologies's P/B Ratio of today is 3.05.

Sasken Technologies Price-to-Tangible-Book Historical Data

The historical data trend for Sasken 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.

Sasken Technologies Price-to-Tangible-Book Chart

Sasken Technologies Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.20

2.33

2.11

1.64

3.06

Sasken Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial															1.64	-	2.19	-	3.06

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

For the Information Technology Services subindustry, Sasken 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.

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

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

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

Sasken Technologies Price-to-Tangible-Book Calculation

Sasken 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 )
	=	1557.65	/	498.017
	=	3.13

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.

Sasken Technologies Price-to-Tangible-Book Related Terms

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

Sasken Technologies (BOM:532663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sasken Technologies Ltd (BOM:532663) » Definitions » Price-to-Tangible-Book

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SASKEN:India

Address

No.139/25, Ring Road, Amarjyothi Layout, Domlur, Bangalore, IND, 560071

Website

https://www.sasken.com

Sasken Technologies Ltd is a software developer company. It is engaged in product engineering and digital transformation. The company provides concept-to-market, chip-to-cognition research and development services to semiconductors, automotive, industrials, smart devices and wearables, enterprise-grade devices, satcom, and retail industries. The company operates in single business segment that is Software Services. The Software Services generate maximum revenue for the company. Geographically, the company offers its products to North America, Europe, and the Asia Pacific. The North America region generates maximum revenue for the company.

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