LTIMindtree Limited, a technology consulting and digital solutions company, provides information technology services and solutions in India, North America, Europe, the Asia Pacific, and internationally. The company operates through Banking, Financial Services & Insurance; Manufacturing; Energy & Utilities; High–Tech, Media & Entertainment; and CPG, Retail, Pharma & Others segments. It offers application development, maintenance and outsourcing, enterprise, infrastructure management, testing, digital, and platform-based solutions. LTIMindtree Limited has a strategic collaboration agreement with Amazon Web Services, Inc.; and a strategic partnership with eClinicalHealth Limited to enhance digital innovation in clinical trials management process for patient centric drug development. The company was formerly known as Larsen & Toubro Infotech Limited and changed its name to LTIMindtree Limited in November 2022. The company was incorporated in 1996 and is based in Mumbai, India. LTIMindtree Limited operates as a subsidiary of Larsen & Toubro Limited.
P/B ratio for LTIMindtree Limited (LTIM.NS)
P/B ratio as of 2023: 7.22
According to LTIMindtree Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 7.22. At the end of 2022 the company had a P/B ratio of 8.49.
P/B ratio history for LTIMindtree Limited from 2011 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 7.22 |
| 2022 | 8.49 |
| 2021 | 20.67 |
| 2020 | 16.43 |
| 2019 | 7.83 |
| 2018 | 10.38 |
| 2017 | 10.85 |
| 2016 | 6.73 |
| 2015 | 10.21 |
| 2014 | 10.46 |
| 2013 | 12.82 |
| 2012 | 15.42 |
| 2011 | 18.68 |