Blue Dart Express Limited provides courier and express services. It provides day-definite and time-definite delivery schedules across air and ground network under the Domestic Priority, Dart Apex, Dart Surfaceline, and Dart Plus names; door-to-door ground distribution service to approximately 35,000 locations for shipments weighing 10 kgs and above under the Dart Surfaceline name; and industry-specific services. The company also offers air freight services between the airports of Kolkata, Delhi, Mumbai, Bangalore, Chennai, Hyderabad, and Ahmedabad; air and ground express packaging services under the Smart Box name; wood-free palletized packaging; shipment for freight of 50kg, 75kg, or above 100kg; door-to-door express deliveries for documents and packages; international services; and temperature controlled logistics solutions, as well as operates domestic express airline charter. Its infrastructure includes a fleet of 6 Boeing 757-200 freighters with a capacity of approximately 500 tonnes per night; and a flotilla of approximately 12,000 vehicles and 2,347 facilities. The company was founded in 1983 and is based in Mumbai, India. Blue Dart Express Limited is a subsidiary of DHL Express (Singapore) Pte. Ltd.
P/B ratio for Blue Dart Express Limited (BLUEDART.NS)
P/B ratio as of 2023: 10.66
According to Blue Dart Express Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 10.66. At the end of 2022 the company had a P/B ratio of 12.50.
P/B ratio history for Blue Dart Express Limited from 2004 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 10.66 |
| 2022 | 12.50 |
| 2021 | 18.67 |
| 2020 | 22.34 |
| 2019 | 10.63 |
| 2018 | 14.63 |
| 2017 | 16.82 |
| 2016 | 28.75 |
| 2015 | 34.66 |
| 2014 | 56.37 |
| 2013 | 13.73 |
| 2012 | 8.77 |
| 2011 | 5.66 |
| 2010 | 5.10 |
| 2009 | 3.68 |
| 2008 | 2.55 |
| 2007 | 5.51 |
| 2006 | 5.03 |
| 2005 | 6.56 |
| 2004 | 5.10 |