REDINGTON
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The Current P/B Ratio of REDINGTON is 2.11.
Share Price | ₹203.9 | Feb 01,2025 |
Market Cap | ₹15,940.9 Cr | |
Book Value | ₹7,548.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.11x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of REDINGTON
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
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 ]
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 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 Value | PB Ratio | Market Cap |
---|---|---|---|
REDINGTON | 7,548.12 | 2.11 | 15,940.9 |
ADANI ENTERPRISES LTD | 36,452.10 | 7.18 | 261,814.0 |
HONASA CONSUMER LTD | 1,070.46 | 6.95 | 7,436.9 |
MMTC LTD | 1,625.68 | 6.24 | 10,150.5 |
MSTC LTD | 889.04 | 4.77 | 4,242.7 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 4.13 | 6,865.7 |
VERITAS (INDIA) LTD | 2,510.14 | 0.69 | 1,744.4 |
NOVARTIS INDIA LTD | 744.82 | 2.83 | 2,108.2 |
OPTIEMUS INFRACOM LTD | 426.48 | 12.67 | 5,405.1 |
MISHTANN FOODS LTD | 203.69 | 3.23 | 658.4 |
SIRCA PAINTS INDIA LTD | 308.68 | 5.66 | 1,747.3 |
Trading Industry Benchmark (Top 10) PB Analysis vs REDINGTON 's P/B Ratio
Top 10 Industry Peers | PB 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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