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PB Ratio of Cigniti Technologies Ltd

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Cigniti Technologies Ltd

NSE: CIGNITITEC

PB Ratio

5.1

Last updated on: Jan 14, 2025

Key Highlights

  • The latest PB Ratio of Cigniti Technologies Ltd is 5.1.
  • The PB ratio of the Cigniti Technologies Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Cigniti Technologies Ltd changed from 2 on March 2020 to 4.7 on March 2024 . This represents a CAGR of 18.64% over 5 years.

Historical P/B Ratio of Cigniti Technologies Ltd

No data available

Company Fundamentals for Cigniti Technologies Ltd

Market Cap

4,169 Cr

EPS

56.2

P/E Ratio (TTM)

27.2

P/B Ratio (TTM)

5.1

Day’s High

1620.95

Day’s Low

1516.15

DTE

0.0

ROE

18.9

52 Week High

1980.75

52 Week Low

945.0

ROCE

26.7

Market Price of Cigniti Technologies Ltd

1M

1Y

3Y

5Y

Monitoring Cigniti Technologies Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 20251527.3
13 Jan 20251550.6
10 Jan 20251682.35
09 Jan 20251667.5
08 Jan 20251735.3

SWOT Analysis Of Cigniti Technologies Ltd

Strength

4

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Cigniti Technologies Ltd

Asset Value vs Market Value of Cigniti Technologies Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Cigniti Technologies Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Cigniti Technologies Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

PB Ratio of Cigniti Technologies Ltd Explained

``

4169

Market cap

297

Book Value per Share

5.1X

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

FAQs for PB Ratio of Cigniti Technologies Ltd

What is the PB ratio of Cigniti Technologies Ltd?

The current PB ratio of Cigniti Technologies Ltd is 5.14. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Cigniti Technologies Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Cigniti Technologies Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Cigniti Technologies Ltd calculated?

The PB ratio of Cigniti Technologies Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Cigniti Technologies Ltd?

A high PB ratio suggests that Cigniti Technologies Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Cigniti Technologies Ltd?

A low PB ratio of Cigniti Technologies Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Cigniti Technologies Ltd PB Ratio change over time?

Yes, the PB ratio of Cigniti Technologies Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.

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