REDTAPE
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The Current P/B Ratio of REDTAPE is 1.33.
Share Price | ₹729.0 | May 31,2024 |
Market Cap | ₹10,074.8 Cr | |
Book Value | ₹7,548.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 1.33x | 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 [ ₹10,074.8 Cr] as on May 31,2024
(/) Book Value [ ₹7,548.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 1.33x ]
Thus, for REDTAPE , the investors are currently willing to pay '1.33 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 Mar2023 to Mar2023 averaged 0.00x.
- REDTAPE 's operated at median p/b ratio of 0x from fiscal years ending March 2018 to 2022.
- Looking back at the last 1 fiscal years, REDTAPE 's p/b ratio peaked in Mar2023 at 0x.
- 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 | 7,548.72 | 1.33 | 10,074.8 |
AVENUE SUPERMARTS LTD | 18,697.80 | 14.98 | 280,186.0 |
TRENT LTD | 4,067.74 | 39.78 | 161,802.0 |
METRO BRANDS LTD | 1,863.71 | 16.61 | 30,953.0 |
ADITYA BIRLA FASHION AND RETAIL LTD | 4,033.76 | 7.24 | 29,202.1 |
BATA INDIA LTD | 1,526.89 | 11.46 | 17,500.9 |
SHOPPERS STOP LTD | 301.42 | 26.60 | 8,018.4 |
ELECTRONICS MART INDIA LTD | 1,369.66 | 5.65 | 7,741.2 |
ETHOS LTD | 883.97 | 6.75 | 5,970.8 |
VAIBHAV GLOBAL LTD | 1,186.18 | 4.72 | 5,594.6 |
GO FASHION (INDIA) LTD | 603.90 | 8.62 | 5,203.5 |
Retailing Industry Benchmark (Top 10) PB Analysis vs REDTAPE 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.33x |
Max industry PB | 39.78x |
Median industry PB | 8.62x |
Average industry PB | 13.07x |
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