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PB Ratio of Dev Information Technology Ltd

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Dev Information Technology Ltd

NSE: DEVIT

PB Ratio

6

Last updated on: Dec 26, 2024

Key Highlights

  • The latest PB Ratio of Dev Information Technology Ltd is 6.
  • The PB ratio of the Dev Information Technology Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Dev Information Technology Ltd changed from 1.8 on March 2019 to 4.1 on March 2024 . This represents a CAGR of 14.71% over 6 years.

Historical P/B Ratio of Dev Information Technology Ltd

No data available

Company Fundamentals for Dev Information Technology Ltd

Market Cap

395 Cr

EPS

7.9

P/E Ratio (TTM)

22.3

P/B Ratio (TTM)

6.0

Day’s High

179.0

Day’s Low

165.4

DTE

0.4

ROE

27.1

52 Week High

185.0

52 Week Low

94.1

ROCE

26.9

Market Price of Dev Information Technology Ltd

1M

1Y

3Y

5Y

Monitoring Dev Information Technology 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
26 Dec 2024176.1
24 Dec 2024162.85
23 Dec 2024158.85
20 Dec 2024152
19 Dec 2024149.95

SWOT Analysis Of Dev Information Technology Ltd

Strength

1

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Dev Information Technology Ltd

Asset Value vs Market Value of Dev Information Technology Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Historical Market Cap of Dev Information Technology Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Dev Information Technology Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Dev Information Technology Ltd

What is the PB ratio of Dev Information Technology Ltd?

The current PB ratio of Dev Information Technology Ltd is 6.04. 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 Dev Information Technology Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Dev Information Technology 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 Dev Information Technology Ltd calculated?

The PB ratio of Dev Information Technology 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 Dev Information Technology Ltd?

A high PB ratio suggests that Dev Information Technology 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 Dev Information Technology Ltd?

A low PB ratio of Dev Information Technology Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Dev Information Technology Ltd PB Ratio change over time?

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

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