IRIS Business Services (BOM:540735) Price-to-Tangible-Book : (As of May. 15, 2024)

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What is IRIS Business Services Price-to-Tangible-Book?

As of today (2024-05-15), IRIS Business Services's share price is ₹180.35. IRIS Business Services's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, IRIS Business Services's Price to Tangible Book Ratio of today is .

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

BOM:540735' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 5.24 Med: 8.59 Max: 48.95
Current: 11.6

During the past 11 years, IRIS Business Services's highest Price to Tangible Book Ratio was 48.95. The lowest was 5.24. And the median was 8.59.

BOM:540735's Price-to-Tangible-Book is ranked worse than
80.78% of 2092 companies
in the Software industry
Industry Median: 3.635 vs BOM:540735: 11.60

A closely related ratio is called PB Ratio. As of today, IRIS Business Services's share price is ₹180.35. IRIS Business Services's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, IRIS Business Services's P/B Ratio of today is .

IRIS Business Services Price-to-Tangible-Book Historical Data

The historical data trend for IRIS Business Services'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.

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IRIS Business Services Price-to-Tangible-Book Chart

IRIS Business Services Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

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48.95

7.24

5.31

9.94

5.24

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
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	5.24	-	6.64	-

Competitive Comparison of IRIS Business Services's Price-to-Tangible-Book

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

IRIS Business Services's Price-to-Tangible-Book Distribution in the Software Industry

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

* The bar in red indicates where IRIS Business Services's Price-to-Tangible-Book falls into.

IRIS Business Services Price-to-Tangible-Book Calculation

IRIS Business Services's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	180.35	/	0
	=

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.

IRIS Business Services Price-to-Tangible-Book Related Terms

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

IRIS Business Services (BOM:540735) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IRIS Business Services Ltd (BOM:540735) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

IRIS:India

Address

T-231, International Infortech Park, Tower 2, 3rd Floor, Vashi, Navi Mumbai, MH, IND, 400703

Website

https://www.irisbusiness.com

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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