Ksolves India (NSE:KSOLVES) Price-to-Tangible-Book : 53.91 (As of May. 29, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ksolves India Price-to-Tangible-Book?

As of today (2024-05-29), Ksolves India's share price is ₹1080.90. Ksolves India's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was ₹20.05. Hence, Ksolves India's Price to Tangible Book Ratio of today is 53.91.

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

NSE:KSOLVES' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 7.89 Med: 24.4 Max: 55.81
Current: 53.91

During the past 7 years, Ksolves India's highest Price to Tangible Book Ratio was 55.81. The lowest was 7.89. And the median was 24.40.

NSE:KSOLVES's Price-to-Tangible-Book is ranked worse than
97.13% of 2088 companies
in the Software industry
Industry Median: 3.55 vs NSE:KSOLVES: 53.91

A closely related ratio is called PB Ratio. As of today, Ksolves India's share price is ₹1080.90. Ksolves India's Book Value per Sharefor the quarter that ended in Mar. 2024 was ₹20.10. Hence, Ksolves India's P/B Ratio of today is 53.77.

Ksolves India Price-to-Tangible-Book Historical Data

The historical data trend for Ksolves India'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.

Ksolves India Price-to-Tangible-Book Chart

Ksolves India Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Price-to-Tangible-Book

Get a 7-Day Free Trial

7.89

25.30

23.49

55.81

Ksolves India Quarterly Data
	Mar18	Mar19	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														23.49	-	43.53	-	55.81

Competitive Comparison of Ksolves India's Price-to-Tangible-Book

For the Software - Application subindustry, Ksolves India'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.

Ksolves India's Price-to-Tangible-Book Distribution in the Software Industry

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

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

Ksolves India Price-to-Tangible-Book Calculation

Ksolves India's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	1080.90	/	20.051
	=	53.91

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.

Ksolves India Price-to-Tangible-Book Related Terms

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

Ksolves India (NSE:KSOLVES) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ksolves India Ltd (NSE:KSOLVES) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

543599:India

Address

Parexl, B-4, 1st Floor, B-Block, Sector 63, Noida, UP, IND, 201301

Website

https://www.ksolves.com

Ksolves India Ltd is a certified software service and product company offering solutions that enable client organizations to rapidly develop powerful applications addressing their business needs. This may include automation of routine business functions, making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed. It is engaged in software development, enterprise solutions and consulting, providing a range of Information Technology (IT) solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare. It comprises single-segment software development services.

Ksolves India (NSE:KSOLVES) Headlines

No Headlines