Tech Mahindra (BOM:532755) Price-to-Tangible-Book : 7.55 (As of May. 07, 2024)

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

As of today (2024-05-07), Tech Mahindra's share price is ₹1262.30. Tech Mahindra's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹167.12. Hence, Tech Mahindra's Price to Tangible Book Ratio of today is 7.55.

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

BOM:532755' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.07 Med: 4.86 Max: 8.33
Current: 7.55

During the past 13 years, Tech Mahindra's highest Price to Tangible Book Ratio was 8.33. The lowest was 3.07. And the median was 4.86.

BOM:532755's Price-to-Tangible-Book is ranked worse than
70.81% of 2090 companies
in the Software industry
Industry Median: 3.665 vs BOM:532755: 7.55

A closely related ratio is called PB Ratio. As of today, Tech Mahindra's share price is ₹1262.30. Tech Mahindra's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹273.04. Hence, Tech Mahindra's P/B Ratio of today is 4.62.

Tech Mahindra Price-to-Tangible-Book Historical Data

The historical data trend for Tech Mahindra'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.

Tech Mahindra Price-to-Tangible-Book Chart

Tech Mahindra Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

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3.16

4.95

8.33

6.32

7.48

Tech Mahindra 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															6.32	-	7.54	-	7.48

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

For the Information Technology Services subindustry, Tech Mahindra'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.

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

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

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

Tech Mahindra Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1262.30	/	167.122
	=	7.55

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.

Tech Mahindra Price-to-Tangible-Book Related Terms

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

Tech Mahindra (BOM:532755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tech Mahindra Ltd (BOM:532755) » Definitions » Price-to-Tangible-Book

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TECHM:India

Address

Plot No. 1, Phase III, Rajiv Gandhi Infotech Park, Hinjewadi, Pune, MH, IND, 411 057

Website

https://www.techmahindra.com

Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.

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