Religare Enterprises Limited operates as an investment company in India and internationally. The company provides broking services in equities, currencies, and commodities; depository participant services; tax information network and income tax permanent account number facilities; and tax deduction at source/tax collection at source filing services, as well as operates as an NSDL-appointed enrolment agency for Aadhaar unique identification number and an AMFI-registered mutual fund distributor. It also offers finance for small and medium enterprises; and housing finance, including home-purchase, home construction, and home improvement loans. In addition, the company provides e-governance and financial advisory services; and issues digital signature certificate. Further, it offers health insurance services to employees of corporates, and individual customers. Additionally, the company provides critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance. Religare Enterprises Limited was incorporated in 1984 and is based in New Delhi, India.
P/B ratio for Religare Enterprises Limited (RELIGARE.NS)
P/B ratio as of 2023: 3.00
According to Religare Enterprises Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 3.00. At the end of 2022 the company had a P/B ratio of 2.26.
P/B ratio history for Religare Enterprises Limited from 2005 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 3.00 |
| 2022 | 2.26 |
| 2021 | -3.99 |
| 2020 | -48.08 |
| 2019 | 4.87 |
| 2018 | 1.00 |
| 2017 | 0.83 |
| 2016 | 2.03 |
| 2015 | 1.91 |
| 2014 | 2.23 |
| 2013 | 2.57 |
| 2012 | 2.40 |
| 2011 | 2.66 |
| 2010 | 3.96 |
| 2009 | 3.70 |
| 2008 | 3.17 |
| 2007 | 15.72 |
| 2006 | 42.06 |
| 2005 | 212.42 |