Redington India
REDINGTON.NS
$2.67
Share price
-0.45%
Change (1 day)
31.53%
Change (1 year)
Redington India (REDINGTON.NS) - P/B ratio
P/B ratio as of April 2024 : 2.40
According to Redington India's latest financial reports the company has a price-to-book ratio of 2.40.
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 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.91 | -10.09% |
| 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 | 21.63% |
| 2018-12-31 | 0.8437 | -57.16% |
| 2017-12-31 | 1.97 | 81.73% |
| 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 | -35.56% |
| 2012-12-31 | 2.27 |