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Redtape Ltd PB Ratio

Redtape Ltd PB Ratio

stocks purchased

₹ 0.3 Cr

Volume transacted

stocks purchased

4.7 K

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Last Updated time: 18 Sep 9.00 AM

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Redtape Ltd

NSE: REDTAPE

PB

15.7

Last updated: 18 Sep 24

Key Highlights

  • The P/B Ratio of Redtape Ltd is 15.7 as of 18 Sep 24.
  • The P/B Ratio of Redtape Ltd changed from 0 on March 2022 to 0 on March 2023 . This represents a CAGR of 0.0% over 2 years. .

Historical P/B Ratio of Redtape Ltd

No data available

Company Fundamentals for Redtape Ltd

Market Cap

10,179 Cr

EPS

11.6

P/E Ratio (TTM) *

63.5

P/B Ratio (TTM) *

15.7

Day’s High *

739.9

Day’s Low

718.35

DTE *

0.7

ROE *

27.2

52 Week High

809.6

52 Week Low

429.15

ROCE *

23.8

Share price Over Time

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 Share Price

Date
leftPriceleft
18 Sep 2024736.6
17 Sep 2024721.05
16 Sep 2024729.5
13 Sep 2024749.6
12 Sep 2024735.35
11 Sep 2024728.55
10 Sep 2024736.4
09 Sep 2024680.05
06 Sep 2024685.4
05 Sep 2024699.7

SWOT Analysis Of Redtape Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Redtape Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Redtape Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Redtape Ltd1510,179
Avenue Supermarts Ltd2963,42,683
Trent Ltd1252,60,467
Aditya Birla Fashion & Retail Ltd5033,949
Brainbees Solutions Ltd10433,316
Shoppers Stop Ltd299,387

Key Valuation Metric of Redtape 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 Redtape Ltd

No data available

* All values are in crore

Historical Revenue of Redtape Ltd

No data available

* All values are in crore

Historical EBITDA of Redtape Ltd

No data available

* All values are in crore

Historical Net Profit of Redtape Ltd

No data available

* All values are in crore

Dividend per Share (DPS) Over Time

No data available

Redtape Ltd News Hub

News

Redtape AGM scheduled

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

Read more

09 Sep 202417:38

News

Redtape to announce Quarterly Result

Redtape will hold a meeting of the Board of Directors of the Company on 14 August 2024. Po...

Read more

10 Aug 202414:05

News

Redtape commences operations at its new warehouse in Howrah

Redtape has commenced operational activity from its newly constructed warehouse situated a...

Read more

12 Jun 202418:03

News

Redtape revises board meeting date

Redtape has revised the meeting of the Board of Directors which was scheduled to be held o...

Read more

22 May 202414:27

News

Redtape announces board meeting date

Redtape will hold a meeting of the Board of Directors of the Company on 20 May 2024 Powere...

Read more

11 May 202412:41

News

Redtape enters into marketing and technical tie-up with ONDC

Redtape has entered into strategic, marketing & technical tie-up with Open Network for Dig...

Read more

28 Dec 202319:32

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FAQs for PB Ratio of Redtape Ltd

What is the PB ratio of Redtape Ltd?

The current PB ratio of Redtape Ltd is 15.7. 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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