Tech Mahindra P/B Ratio
Tech Mahindra P/B ratio. Tech Mahindra (TECHM) P/B ratio is 5.9 (High), book value per share ₹678.94 vs Information Technology average P/B of -3.86 — Very High - Significant premium, high growth expectations or speculative. For live price, earnings yield and the full fundamental profile, see Tech Mahindra share price chart.
Current Valuation Metrics
Book Value Breakdown (2026)
Valuation Signal
Sector Context
TECHM P/B Ratio — Valuation Insights & Book Value Analysis
Tech Mahindra price-to-book ratio interpretation, valuation status and historical context — current P/B 5.9 (High). Analyse Tech Mahindra shareholding analysis to track promoter, FII and institutional holdings.
- Stock appears overvalued with PB of 5.9, 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 159.0% above historical average
- Trading at premium to sector average PB of -3.86
Tech Mahindra P/B Ratio Historical Trend
TECHM annual price-to-book ratio — 5 years, book value per share and year-end price. P/B below 1.0 indicates the stock trades below net asset value. View TECHM yearly price range for the annual high/low range and current price position.
TECHM Historical P/B Ratio — Book Value Per Share & Year-End Price
Tech Mahindra annual P/B ratio, book value per share (₹), year-end price and total equity in ₹ Crores.
| Year | P/B Ratio | Book Value/Share (₹) | Year-end Price (₹) | Total Equity (₹ Cr) | Valuation |
|---|---|---|---|---|---|
| 2026 | 2.69 | ₹678.94 | ₹1829.10 | ₹30,077 | Moderate |
| 2025 | 2.53 | ₹628.78 | ₹1590.90 | ₹27,792 | Moderate |
| 2024 | 2.72 | ₹615.58 | ₹1675.60 | ₹27,147 | Moderate |
| 2023 | 1.89 | ₹645.34 | ₹1222.30 | ₹28,395 | Moderate |
| 2022 | 1.56 | ₹623.71 | ₹970.70 | ₹27,381 | Moderate |
TECHM vs Information Technology Peers — P/B Ratio Comparison
Tech Mahindra P/B 5.9 vs Information Technology average -3.86, median 0.32 — range -131.16–0.67.
| 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 |
| Unipro Technologies | UPROTECH | -7.37 | ₹9 | Low |
| Pfl Infotech Ltd. | PFLINFOTC | -7.36 | ₹3 | Low |
| Integrated Hi-Tech | INTEGHIT | -5.19 | ₹3 | Low |
| Starcom Information Tech… | STARCOM | -1.55 | ₹47 | Low |
| HCL Infosystems | HCL-INSYS | -1.11 | ₹319 | Low |
| SecureKloud Technologies | SECURKLOUD | -1.03 | ₹54 | Low |
| Softbpo Global Services | SOFTBPO | -0.85 | ₹5 | Low |