REDTAPE
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The Current P/B Ratio of REDTAPE is 12.53.
Share Price | ₹147.0 | Apr 03,2025 |
Market Cap | ₹8,123.4 Cr | |
Book Value | ₹648.4 Cr | Mar2024 - Consolidated Results |
Price/Book | 12.53x | Calculated as MarketCap/Book Value |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PB (Price/Book ) ratio of REDTAPE
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹8,123.4 Cr] as on Apr 03,2025
(/) Book Value [ ₹648.4 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 12.53x ]
Thus, for REDTAPE , the investors are currently willing to pay '12.53 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 REDTAPE !
The chart below summarizes the trend in P/B Ratio of REDTAPE over the last five years.
Historical PB (Price/Book ) ratio chart of REDTAPE
PB Ratio Performance Analysis for REDTAPE
- REDTAPE 's p/b ratio for fiscal years ending Mar2024 to Mar2023 averaged 7.01x.
- REDTAPE 's operated at median p/b ratio of 14.01x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, REDTAPE 's p/b ratio peaked in Mar2024 at 14.01x.
- REDTAPE 's p/b ratio hit its five-year low in Mar2023 of 0x.
How does REDTAPE 's P/B Ratio benchmark against top 10 peers in Retailing Industry?
Peer Comparison (Retailing Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
REDTAPE | 648.43 | 12.53 | 8,123.4 |
AVENUE SUPERMARTS LTD | 18,660.90 | 14.49 | 270,471.0 |
TRENT LTD | 4,067.74 | 49.61 | 201,796.0 |
METRO BRANDS LTD | 1,843.28 | 15.83 | 29,179.7 |
ADITYA BIRLA FASHION AND RETAIL LTD | 3,954.45 | 8.15 | 32,227.1 |
PN GADGIL JEWELLERS LTD | 534.38 | 13.86 | 7,407.6 |
VMART RETAIL LTD | 741.06 | 8.59 | 6,365.1 |
ETHOS LTD | 883.97 | 6.97 | 6,164.2 |
SHOPPERS STOP LTD | 290.02 | 21.08 | 6,113.8 |
V2 RETAIL LTD | 274.71 | 23.57 | 6,473.7 |
ARVIND FASHIONS LTD | 983.85 | 5.41 | 5,327.4 |
Retailing Industry Benchmark (Top 10) PB Analysis vs REDTAPE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 5.41x |
Max industry PB | 49.61x |
Median industry PB | 13.86x |
Average industry PB | 16.37x |
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