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Religare Enterprises Ltd PB Ratio

Religare Enterprises Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

5.4 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Religare Enterprises Ltd

NSE: RELIGARE

PB

3.6

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Religare Enterprises Ltd is 3.6 as of 07 Nov 24.
  • The P/B Ratio of Religare Enterprises Ltd changed from -4.2 on March 2022 to 2.3 on March 2023 . This represents a CAGR of NaN% over 2 years. .

Historical P/B Ratio of Religare Enterprises Ltd

No data available

Company Fundamentals for Religare Enterprises Ltd

Market Cap

8,336 Cr

EPS

0.3

P/E Ratio (TTM) *

0.0

P/B Ratio (TTM) *

3.6

Day’s High *

253.0

Day’s Low

249.55

DTE *

0.2

ROE *

2.3

52 Week High

297.0

52 Week Low

201.0

ROCE *

8.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Religare Enterprises 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
07 Nov 2024252.4
06 Nov 2024254.55
05 Nov 2024250.45
04 Nov 2024244.75
01 Nov 2024251.5
31 Oct 2024246.9
30 Oct 2024252.6
29 Oct 2024254.4
28 Oct 2024254.3
25 Oct 2024250.95

SWOT Analysis Of Religare Enterprises Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Religare Enterprises Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Religare Enterprises Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Key Valuation Metric of Religare Enterprises Ltd

Share Price

₹250

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 Religare Enterprises Ltd

No data available

* All values are in crore

Historical Revenue of Religare Enterprises Ltd

No data available

* All values are in crore

Historical EBITDA of Religare Enterprises Ltd

No data available

* All values are in crore

Historical Net Profit of Religare Enterprises Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Religare Enterprises Ltd News Hub

News

Religare Enterprises to conduct board meeting

Religare Enterprises will hold a meeting of the Board of Directors of the Company on 13 Au...

Read more

10 Aug 202417:49

News

Religare Enterprises to conduct board meeting

Religare Enterprises will hold a meeting of the Board of Directors of the Company on 21 Ma...

Read more

15 May 202416:10

News

Religare Enterprises allots 2.91 lakh equity shares under ESOP

Religare Enterprises has allotted 2,91,250 equity shares under ESOP on 12 April 2024. Purs...

Read more

12 Apr 202415:26

News

Religare Enterprises to hold board meeting

Religare Enterprises will hold a meeting of the Board of Directors of the Company on 7 Feb...

Read more

02 Feb 202412:07

News

Religare Enterprises allots 10.36 lakh equity shares under ESOP

Religare Enterprises has allotted 10,36,900 equity shares under ESOP on 02 November 2023. ...

Read more

02 Nov 202310:55

News

Religare Enterprises schedules board meeting

Religare Enterprises will hold a meeting of the Board of Directors of the Company on 2 Nov...

Read more

27 Oct 202317:33

Document

Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Religare Enterprises Ltd

What is the PB ratio of Religare Enterprises Ltd?

The current PB ratio of Religare Enterprises Ltd is 3.56. 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 Religare Enterprises Ltd stocks?

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

The PB ratio of Religare Enterprises 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 Religare Enterprises Ltd?

A high PB ratio suggests that Religare Enterprises 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 Religare Enterprises Ltd?

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

Can Religare Enterprises Ltd PB Ratio change over time?

Yes, the PB ratio of Religare Enterprises 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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