Red Eléctrica
RED.MC
#1649
Rank
₹857.91 B
Marketcap
₹1,589
Share price
-1.56%
Change (1 day)
16.32%
Change (1 year)

Red Eléctrica (RED.MC) - P/B ratio

P/B ratio as of September 2024 : 1.78

According to Red Eléctrica's latest financial reports the company has a price-to-book ratio of 1.78.
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.

Red Eléctrica - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year P/B ratio Change
2024-12-31N/A-100%
2023-12-311.45-18.43%
2022-12-311.78-35.95%
2021-12-312.787.52%
2020-12-312.59-3.98%
2019-12-312.70-13.92%
2018-12-313.13-4.14%
2017-12-313.27-1.6%
2016-12-313.32-11.87%
2015-12-313.77-2.82%
2014-12-313.8831.46%
2013-12-312.9516.37%
2012-12-312.533.91%
2011-12-312.44-16.4%
2010-12-312.92-19.86%
2009-12-313.64