Wipro Price To Book Ratio from 2010 to 2024

WIT Stock  USD 7.03  0.07  0.99%   
Wipro Limited Price To Book Ratio yearly trend continues to be comparatively stable with very little volatility. Price To Book Ratio will likely drop to 3.25 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
3.42029156
Current Value
3.25
Quarterly Volatility
47.4523501
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Wipro Limited financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Wipro Limited's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34 B, Interest Expense of 13.2 B or Total Revenue of 942.5 B, as well as many indicators such as Price To Sales Ratio of 2.71, Dividend Yield of 0.0019 or PTB Ratio of 3.25. Wipro financial statements analysis is a perfect complement when working with Wipro Limited Valuation or Volatility modules.
  
Check out the analysis of Wipro Limited Correlation against competitors.

Latest Wipro Limited's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Wipro Limited ADR over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Wipro Limited's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Wipro Limited's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Wipro Price To Book Ratio Regression Statistics

Arithmetic Mean15.58
Geometric Mean4.25
Coefficient Of Variation304.61
Mean Deviation22.87
Median3.42
Standard Deviation47.45
Sample Variance2,252
Range185
R-Value(0.43)
Mean Square Error1,967
R-Squared0.19
Significance0.11
Slope(4.61)
Total Sum of Squares31,524

Wipro Price To Book Ratio History

2024 3.25
2023 3.42
2022 2.56
2021 4.92
2020 4.23
2019 2.06
2018 2.77

About Wipro Limited Financial Statements

Wipro Limited shareholders use historical fundamental indicators, such as Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Wipro Limited investors may analyze each financial statement separately, they are all interrelated. The changes in Wipro Limited's assets and liabilities, for example, are also reflected in the revenues and expenses on on Wipro Limited's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Price To Book Ratio 3.42  3.25 

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Additional Tools for Wipro Stock Analysis

When running Wipro Limited's price analysis, check to measure Wipro Limited's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wipro Limited is operating at the current time. Most of Wipro Limited's value examination focuses on studying past and present price action to predict the probability of Wipro Limited's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wipro Limited's price. Additionally, you may evaluate how the addition of Wipro Limited to your portfolios can decrease your overall portfolio volatility.