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Redington Ltd PB Ratio

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Redington Ltd

NSE: REDINGTON

PB

2

Last updated on: 21 Nov 24

Key Highlights

  • The latest PB Ratio of Redington Ltd is 2.
  • The PB ratio of the Redington Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Redington Ltd changed from 1 on March 2019 to 2.2 on March 2024 . This represents a CAGR of 14.04% over 6 years.

Historical P/B Ratio of Redington Ltd

No data available

Company Fundamentals for Redington Ltd

Market Cap

14,970 Cr

EPS

15.4

P/E Ratio (TTM)

12.4

P/B Ratio (TTM)

2.0

Day’s High

198.6

Day’s Low

191.05

DTE

0.2

ROE

15.8

52 Week High

237.3

52 Week Low

157.1

ROCE

19.7

Market Price of Redington Ltd

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 Market Price

Date
leftPrice (₹)right
21 Nov 2024191.5
19 Nov 2024193.95
18 Nov 2024190.9
14 Nov 2024193.45
13 Nov 2024186.1

SWOT Analysis Of Redington Ltd

Strength

3

che

Weakness

1

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Redington Ltd

Asset Value vs Market Value of Redington Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Redington Ltd1.97
Adani Enterprises Ltd196.8
Aegis Logistics Ltd71.7
Cello World Ltd63.3
MMTC Ltd9.6

Historical Market Cap of Redington Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Redington Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Redington Ltd

What is the PB ratio of Redington Ltd?

The current PB ratio of Redington Ltd is 1.97. 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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