Redington India (REDINGTON.NS)

P/B ratio as of September 2024 : 1.89

According to Redington India's latest financial reports the company has a price-to-book ratio of 1.89.
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	N/A	-100%
2023-12-31	1.91	-9.84%
2022-12-31	2.12	2.36%
2021-12-31	2.07	94.33%
2020-12-31	1.07	3.48%
2019-12-31	1.03	21.49%
2018-12-31	0.8482	-57.1%
2017-12-31	1.98	82.32%
2016-12-31	1.08	-32.26%
2015-12-31	1.60	-27.44%
2014-12-31	2.21	51.71%
2013-12-31	1.45	-35.95%
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