Happiest Minds Technologies P/B Ratio

HAPPSTMNDS • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
4.26
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 4.26
Current Price ₹451.70
Book Value/Share ₹525.00
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹1,575 Cr
Share Capital ₹30 Cr
Reserves & Surplus ₹1,545 Cr
Outstanding Shares 30,000,000
Book Value per Share ₹525.00

Valuation Signal

Signal Overvalued
Historical Avg 3.19
Historical Range 0.88 - 6.65
Percentile 80.0%

Sector Context

Sector Average -3.69
Sector Median 0.51
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Happiest Minds Technologies

  • Stock appears overvalued with PB of 4.26, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 33.5% above historical average
  • Trading at premium to sector average PB of -3.69

View the current stock price of Happiest Minds Technologies for more insights.

P/B Ratio Historical Trend for Happiest Minds Technologies

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.88 ₹525.0 ₹460.40 ₹1,575 Low
2024 1.49 ₹493.33 ₹734.75 ₹1,480 Moderate
2023 3.1 ₹289.31 ₹896.05 ₹839 High
2022 3.84 ₹229.66 ₹881.20 ₹666 High
2021 6.65 ₹195.0 ₹1296.60 ₹546 High

Sector P/B Ratio Comparison

Comparing Happiest Minds Technologies with other companies in Information Technology sector
Sector Average
-3.69
Sector Median
0.51
Lowest P/B
-131.16
Highest P/B
0.78
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Ace Engitech ACEENGITEC -131.16 ₹12 Low
Virgo Global VIRGOGLOB -42.8 ₹6 Low
ECS Biztech ECS -10.01 ₹22 Low
SecureKloud Technologies SECURKLOUD -8.13 ₹87 Low
Integrated Hi-Tech INTEGHIT -5.31 ₹3 Low
Unipro Technologies UPROTECH -4.96 ₹6 Low
HCL Infosystems HCL-INSYS -1.53 ₹461 Low
Starcom Information Tech… STARCOM -1.41 ₹38 Low
Softbpo Global Services SOFTBPO -0.59 ₹3 Low
Cranes Software Internat… CRANESSOFT -0.08 ₹69 Low