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PB Ratio of Redtape Ltd

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Redtape Ltd

NSE: REDTAPE

PB Ratio

11.5

Last updated on: Mar 28, 2025

Key Highlights

  • The latest PB Ratio of Redtape Ltd is 11.5.
  • The PB ratio of the Redtape Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Redtape Ltd changed from 14 on March 2024 to 14 on March 2024 . This represents a CAGR of 0.00% over 1 years.

Historical P/B Ratio of Redtape Ltd

No data available

Company Fundamentals for Redtape Ltd

Market Cap

8,065 Cr

EPS

3.1

P/E Ratio (TTM)

47.5

P/B Ratio (TTM)

11.5

Day’s High

152.45

Day’s Low

144.7

DTE

0.9

ROE

22.4

52 Week High

245.45

52 Week Low

130.55

ROCE

18.8

Market Price of Redtape Ltd

1M

1Y

3Y

5Y

Monitoring Redtape 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
28 Mar 2025145.9
27 Mar 2025148.2
26 Mar 2025154.3
25 Mar 2025160.55
24 Mar 2025164.25
21 Mar 2025161.55
20 Mar 2025160.5
19 Mar 2025161.7
18 Mar 2025156.85
17 Mar 2025157.3

SWOT Analysis Of Redtape Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Redtape Ltd

Asset Value vs Market Value of Redtape Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

PB Ratio of Redtape Ltd Explained

8065

Market cap

13

Book Value per Share

11.5X

PB Ratio

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 Redtape Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Redtape Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Redtape Ltd News Hub

Redtape consolidated net profit declines 34.43% in the June 2024 quarter

Net profit of Redtape declined 34.43% to Rs 30.64 crore in the quarter ended June 2024 as against Rs

Read more

14 Aug 24

Redtape to announce Quarterly Result

Redtape will hold a meeting of the Board of Directors of the Company on 14 August 2024. Powered by C

Read more

10 Aug 24

Redtape AGM scheduled

Redtape announced that the 3rd Annual General Meeting (AGM) of the company will be held on 28 Septem

Read more

09 Sept 24

Redtape announces board meeting date

Redtape will hold a meeting of the Board of Directors of the Company on 13 November 2024 Powered by

Read more

08 Nov 24

Document

Annual Reports

Annual Report 2024

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Credit Ratings

N/A

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Concalls

Data not available

FAQs for PB Ratio of Redtape Ltd

What is the PB ratio of Redtape Ltd?

The current PB ratio of Redtape Ltd is 11.47. 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 Redtape Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Redtape 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 Redtape Ltd calculated?

The PB ratio of Redtape 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 Redtape Ltd?

A high PB ratio suggests that Redtape 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 Redtape Ltd?

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

Can Redtape Ltd PB Ratio change over time?

Yes, the PB ratio of Redtape 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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