Wipro (WIT) - P/B ratio

P/B ratio as of September 2024 : 3.57

According to Wipro's latest financial reports the company has a price-to-book ratio of 3.57.
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.

Wipro - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.49	23.33%
2022-12-31	2.83	-52.63%
2021-12-31	5.98	44.64%
2020-12-31	4.14	60.12%
2019-12-31	2.58	-4.04%
2018-12-31	2.69	-9.44%
2017-12-31	2.97	31.83%
2016-12-31	2.25	-24.75%
2015-12-31	3.00	-12.09%
2014-12-31	3.41	-18.12%
2013-12-31	4.16	41.85%
2012-12-31	2.93	-17.38%
2011-12-31	3.55	-31.96%
2010-12-31	5.22	-4.86%
2009-12-31	5.48	121.98%
2008-12-31	2.47	-60.85%
2007-12-31	6.31	-40.99%
2006-12-31	10.7	-0.52%
2005-12-31	10.8	-17.45%
2004-12-31	13.0	7.79%
2003-12-31	12.1	7.91%
2002-12-31	11.2

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Cognizant Technology Solutions CTSH	2.69	-24.79%	🇺🇸 USA
IBM IBM	8.28	131.68%	🇺🇸 USA
Accenture ACN	7.33	105.13%	🇮🇪 Ireland
Infosys INFY	9.42	163.48%	🇮🇳 India
HP HPQ	-23.9	-769.84%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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