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REDTAPE
PB (Price/Book ) Ratio

The Current P/B Ratio of REDTAPE is 12.53.

Share Price ₹147.0Apr 03,2025
Market Cap ₹8,123.4 Cr
Book Value₹648.4 CrMar2024 - Consolidated Results
Price/Book 12.53xCalculated as MarketCap/Book Value
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Definition & Calculation of PB (Price/Book ) ratio of REDTAPE

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 REDTAPE is calculated as :

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 ]

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

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 latest p/b ratio is 12.53x.

- 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 ValuePB RatioMarket Cap
REDTAPE 648.4312.538,123.4
AVENUE SUPERMARTS LTD18,660.9014.49270,471.0
TRENT LTD4,067.7449.61201,796.0
METRO BRANDS LTD1,843.2815.8329,179.7
ADITYA BIRLA FASHION AND RETAIL LTD3,954.458.1532,227.1
PN GADGIL JEWELLERS LTD534.3813.867,407.6
VMART RETAIL LTD741.068.596,365.1
ETHOS LTD883.976.976,164.2
SHOPPERS STOP LTD290.0221.086,113.8
V2 RETAIL LTD274.7123.576,473.7
ARVIND FASHIONS LTD983.855.415,327.4

Retailing Industry Benchmark (Top 10) PB Analysis vs REDTAPE 's P/B Ratio

Top 10 Industry PeersPB 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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