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L&T Technology Services Ltd
NSE:LTTS

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L&T Technology Services Ltd
NSE:LTTS
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Price: 3 563.8999 INR -0.72% Market Closed
Market Cap: ₹377.8B

P/B

5.8
Current
35%
Cheaper
vs 3-y average of 8.9

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.8
=
Market Cap
₹365.7B
/
Total Equity
₹64.7B

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
5.8
=
Market Cap
₹365.7B
/
Total Equity
₹64.7B

Valuation Scenarios

L&T Technology Services Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (8.9), the stock would be worth ₹5 443.97 (53% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-44%
Maximum Upside
+53%
Average Upside
14%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 5.8 ₹3 563.9
0%
3-Year Average 8.9 ₹5 443.97
+53%
5-Year Average 8.9 ₹5 456.77
+53%
Industry Average 5.5 ₹3 366.39
-6%
Country Average 3.3 ₹1 984.66
-44%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

Higher than 72% of companies in India
Percentile
72nd
Based on 2 820 companies
72nd percentile
5.8
Low
0 — 2.1
Typical Range
2.1 — 5.5
High
5.5 —
Distribution Statistics
India
Min 0
30th Percentile 2.1
Median 3.3
70th Percentile 5.5
Max 4 699.1

L&T Technology Services Ltd
Glance View

In the bustling business landscape of India, L&T Technology Services Ltd. (LTTS) stands out as a prominent player in the arena of engineering and technology solutions. Carved from the distinguished Larsen & Toubro lineage, LTTS has quickly made its mark by aligning its strategic pursuits with innovation in design and development. The company serves as a one-stop engineering partner for many blue-chip companies across industries such as transportation, manufacturing, telecommunications, and healthcare. Its business model revolves around offering an extensive range of services including digital engineering, product design and consulting, leveraging cutting-edge technologies like Artificial Intelligence and the Internet of Things. By providing these services, LTTS helps its clients streamline operations, enhance efficiency, and navigate the complexities of modern digital transformation. LTTS's revenue generation is intricately tied to its ability to deliver comprehensive tech solutions, harnessing its deep industry expertise and robust technological frameworks. The company's financial ecosystem revolves around long-term contracts and project-based engagements, meticulously built on trust and performance metrics to meet the nuanced needs of its clients. Additionally, its investment in research and development fortifies its pipeline of innovative offerings, ensuring it stays ahead of the competition. Its global footprint, complemented by a diverse talent pool and strategic partnerships, bolsters LTTS's capability to deliver unparalleled value and maintain a competitive edge in the ever-evolving engineering services domain. Through this cohesive business strategy, LTTS secures robust financial growth while continually pushing the envelope of technical innovation.

LTTS Intrinsic Value
3 254.8319 INR
Overvaluation 9%
Intrinsic Value
Price ₹3 563.8999
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