Redington India (REDINGTON.NS)

P/B ratio as of December 2024 : 2.01

According to Redington India's latest financial reports the company has a price-to-book ratio of 0.176996.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Redington India - P/B ratio (from 2012 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	2.01	5.05%
2023-12-31	1.91	-9.94%
2022-12-31	2.12	2.23%
2021-12-31	2.08	94.37%
2020-12-31	1.07	4.14%
2019-12-31	1.03	21.61%
2018-12-31	0.8438	-57.16%
2017-12-31	1.97	81.78%
2016-12-31	1.08	-32.36%
2015-12-31	1.60	-27.21%
2014-12-31	2.20	50.33%
2013-12-31	1.46	-35.53%
2012-12-31	2.27

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Redington India (REDINGTON.NS) - P/B ratio