REDINGTON
|
The Current P/B Ratio of REDINGTON is 2.39.
Share Price | ₹230.7 | Apr 02,2025 |
Market Cap | ₹18,032.2 Cr | |
Book Value | ₹7,548.1 Cr | Mar2024 - Consolidated Results |
Price/Book | 2.39x | Calculated as MarketCap/Book Value |
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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 [ ₹18,032.2 Cr] as on Apr 02,2025
(/) Book Value [ ₹7,548.1 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 2.39x ]
Thus, for REDINGTON , the investors are currently willing to pay '2.39 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 | 2.39 | 18,032.2 |
ADANI ENTERPRISES LTD | 36,452.10 | 7.50 | 273,448.0 |
MMTC LTD | 1,625.68 | 5.01 | 8,152.5 |
HONASA CONSUMER LTD | 1,070.46 | 7.18 | 7,684.1 |
LLOYDS ENTERPRISES LTD | 1,661.57 | 3.69 | 6,131.7 |
ENTERO HEALTHCARE SOLUTIONS LTD | 1,636.29 | 3.10 | 5,064.7 |
OPTIEMUS INFRACOM LTD | 426.48 | 8.83 | 3,766.7 |
POLO QUEEN INDUSTRIAL & FINTECH LTD | 188.47 | 10.26 | 1,933.6 |
MSTC LTD | 889.04 | 4.10 | 3,647.8 |
SG MART LTD | 996.61 | 3.79 | 3,778.5 |
ELITECON INTERNATIONAL LTD | -69.40 | -66.61 | 4,622.6 |
Trading Industry Benchmark (Top 10) PB Analysis vs REDINGTON 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | -66.61x |
Max industry PB | 10.26x |
Median industry PB | 4.10x |
Average industry PB | -0.98x |
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