According to Persistent Systems
's latest financial reports the company has a price-to-book ratio of 11.6.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
Year | P/B ratio | Change |
---|---|---|
2024-12-31 | N/A | -100% |
2023-12-31 | 12.6 | 63.23% |
2022-12-31 | 7.71 | -31.58% |
2021-12-31 | 11.3 | 166.55% |
2020-12-31 | 4.23 | 95.84% |
2019-12-31 | 2.16 | 3.52% |
2018-12-31 | 2.09 | -27.81% |
2017-12-31 | 2.89 | 10.52% |
2016-12-31 | 2.61 | -19.66% |
2015-12-31 | 3.25 | -32.91% |
2014-12-31 | 4.85 | 43.46% |
2013-12-31 | 3.38 | 60.44% |
2012-12-31 | 2.11 |