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Redington Ltd PB Ratio

Redington Ltd PB Ratio

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₹ 1.4 Cr

Volume transacted

stocks purchased

71.6 K

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Last Updated time: 18 Sep 9.00 AM

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Redington Ltd

NSE: REDINGTON

PB

2

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Redington Ltd is 2 as of 18 Sep 24.
  • The P/B Ratio of Redington Ltd changed from 2 on March 2022 to 2.2 on March 2024 . This represents a CAGR of 3.23% over 3 years. .

Historical P/B Ratio of Redington Ltd

No data available

Company Fundamentals for Redington Ltd

Market Cap

14,908 Cr

EPS

15.6

P/E Ratio (TTM) *

12.4

P/B Ratio (TTM) *

2.0

Day’s High *

194.75

Day’s Low

189.55

DTE *

0.4

ROE *

16.1

52 Week High

237.3

52 Week Low

136.25

ROCE *

18.6

Share price Over Time

1M

1Y

3Y

5Y

Monitoring Redington Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Share Price

Date
leftPriceleft
18 Sep 2024190.7
17 Sep 2024193.2
16 Sep 2024189.45
13 Sep 2024190.85
12 Sep 2024191.8
11 Sep 2024191.65
10 Sep 2024194.6
09 Sep 2024194.25
06 Sep 2024198.4
05 Sep 2024198.9

SWOT Analysis Of Redington Ltd

Strength

3

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Redington Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Redington Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Redington Ltd215,103
Adani Enterprises Ltd1463,36,768
Aegis Logistics Ltd6727,073
Cello World Ltd6519,436
Honasa Consumer Ltd3415,275
MMTC Ltd913,838

Key Valuation Metric of Redington Ltd

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Redington Ltd

No data available

* All values are in crore

Historical Revenue of Redington Ltd

No data available

* All values are in crore

Historical EBITDA of Redington Ltd

No data available

* All values are in crore

Historical Net Profit of Redington Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Redington Ltd News Hub

News

Redington to declare Quarterly Result

Redington will hold a meeting of the Board of Directors of the Company on 31 July 2024. Po...

Read more

26 Jul 202409:31

News

Redington Gulf FZE divests its entire stake in Citrus

Redington announced that the company's wholly owned step-down subsidiary, Redington Gulf F...

Read more

16 Jul 202419:16

News

Redington board OKs dividend of Rs 6.20/share for FY24

At yesterday’s closing price of Rs 204.10, the dividend payout translates to a dividend yi...

Read more

04 Jun 202411:24

News

Redington to hold AGM

Redington announced that the 31th Annual General Meeting (AGM) of the company will be held...

Read more

04 Jun 202414:02

News

Board of Redington recommends final dividend

Redington announced that the Board of Directors of the Company at its meeting held on 4 Ju...

Read more

04 Jun 202414:02

News

Redington to convene board meeting

Redington will hold a meeting of the Board of Directors of the Company on 4 June 2024. Pow...

Read more

31 May 202414:34

Document

Annual Reports

Annual Report 2024

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Credit Ratings

Credit Report 2024

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Concalls

July 2024

PPT

Feb 2023

PPT

June 2021

TranscriptPPT

June 2020

TranscriptPPT

May 2020

Transcript

FAQs for PB Ratio of Redington Ltd

What is the PB ratio of Redington Ltd?

The current PB ratio of Redington Ltd is 2.0. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Redington Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Redington Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Redington Ltd calculated?

The PB ratio of Redington Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Redington Ltd?

A high PB ratio suggests that Redington Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Redington Ltd?

A low PB ratio of Redington Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Redington Ltd PB Ratio change over time?

Yes, the PB ratio of Redington Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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