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Wipro Ltd PB Ratio

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Wipro Ltd

NSE: WIPRO

PB

3.6

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Wipro Ltd is 3.6.
  • The PB ratio of the Wipro Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Wipro Ltd changed from 2.7 on March 2019 to 3.4 on March 2024 . This represents a CAGR of 3.92% over 6 years.

Historical P/B Ratio of Wipro Ltd

No data available

Company Fundamentals for Wipro Ltd

Market Cap

291,513 Cr

EPS

22.4

P/E Ratio (TTM)

24.8

P/B Ratio (TTM)

3.6

Day’s High

567.45

Day’s Low

555.3

DTE

0.2

ROE

14.4

52 Week High

583.0

52 Week Low

393.2

ROCE

16.0

Market Price of Wipro Ltd

1M

1Y

3Y

5Y

Monitoring Wipro 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
21 Nov 2024557.2
19 Nov 2024561.65
18 Nov 2024553
14 Nov 2024566
13 Nov 2024568.95

SWOT Analysis Of Wipro Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Wipro Ltd

Asset Value vs Market Value of Wipro Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Wipro Ltd3.58
Tata Consultancy Services Ltd230.5
Infosys Ltd199.3
HCL Technologies Ltd134.2
LTIMindtree Ltd684.5

Historical Market Cap of Wipro Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Wipro Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Wipro Ltd

What is the PB ratio of Wipro Ltd?

The current PB ratio of Wipro Ltd is 3.58. 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 Wipro Ltd stocks?

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

The PB ratio of Wipro 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 Wipro Ltd?

A high PB ratio suggests that Wipro 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 Wipro Ltd?

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

Can Wipro Ltd PB Ratio change over time?

Yes, the PB ratio of Wipro Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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