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REDINGTON
PB (Price/Book ) Ratio

The Current P/B Ratio of REDINGTON is 2.11.

Share Price ₹203.9Feb 01,2025
Market Cap ₹15,940.9 Cr
Book Value₹7,548.1 CrMar2024 - Consolidated Results
Price/Book 2.11xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of REDINGTON

Price-to-Book ratio, P/B Multiple, or P/B Ratio is an important valuation multiple that is defined as:

P/B = Market Capitalization / Book Value

or, using per-share numbers:

P/B = Stock Price / Book Value Per Share

Applying the above formula, P/B ratio of REDINGTON is calculated as :

Current Market Cap [ ₹15,940.9 Cr] as on Feb 01,2025

(/) Book Value [ ₹7,548.1 Cr] based on Mar2024 - Consolidated Results

(=) P/B Ratio [ 2.11x ]

P/B Ratio indicates 'the multiple of book value' investors are willing to pay to own one share of the company.

Thus, for REDINGTON , the investors are currently willing to pay '2.11 times book value' to own 1 share of the company.

PB Multiples are one of the most widely used valuation multiple in industry.

Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.

In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of REDINGTON !

The chart below summarizes the trend in P/B Ratio of REDINGTON over the last five years.

Historical PB (Price/Book ) ratio chart of REDINGTON


PB Ratio Performance Analysis for REDINGTON

- REDINGTON 's latest p/b ratio is 2.11x.

- REDINGTON 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.63x.

- REDINGTON 's operated at median p/b ratio of 1.88x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, REDINGTON 's p/b ratio peaked in Mar2024 at 2.16x.

- REDINGTON 's p/b ratio hit its five-year low in Mar2020 of 0.62x.


How does REDINGTON 's P/B Ratio benchmark against top 10 peers in Trading Industry?

Peer Comparison (Trading Industry)Book ValuePB RatioMarket Cap
REDINGTON 7,548.122.1115,940.9
ADANI ENTERPRISES LTD36,452.107.18261,814.0
HONASA CONSUMER LTD1,070.466.957,436.9
MMTC LTD1,625.686.2410,150.5
MSTC LTD889.044.774,242.7
LLOYDS ENTERPRISES LTD1,661.574.136,865.7
VERITAS (INDIA) LTD2,510.140.691,744.4
NOVARTIS INDIA LTD744.822.832,108.2
OPTIEMUS INFRACOM LTD426.4812.675,405.1
MISHTANN FOODS LTD203.693.23658.4
SIRCA PAINTS INDIA LTD308.685.661,747.3

Trading Industry Benchmark (Top 10) PB Analysis vs REDINGTON 's P/B Ratio

Top 10 Industry PeersPB Ratio
Min industry PB 0.69x
Max industry PB 12.67x
Median industry PB 4.77x
Average industry PB 5.13x



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