Spencer's Retail Limited, together with its subsidiaries, engages in developing, conducting, investing, and promoting organized retail business in India. It operates departmental and neighborhood stores under various formats, as well as hypermarkets. The company offers products in various categories, such as groceries, fresh products, general merchandise, personal care products, apparel and accessories, consumer durables, and other lifestyle products. It provides its products under the own brands, including Smart Choice, Tasty Wonders, Clean Home, and Maroon, as well as under the various private brands, such as 2Bme, Healthy Alternatives, Hands on, and Inscapes. In addition, the company engages in the online retail business. As of March 31, 2022, it operated 154 stores. The company was formerly known as RP-SG Retail Limited and changed its name to Spencer's Retail Limited in December 2018. Spencer's Retail Limited was founded in 1863 and is headquartered in Kolkata, India.
P/B ratio for Spencer's Retail Limited (SPENCERS.NS)
P/B ratio as of 2023: -2.12
According to Spencer's Retail Limited's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is -2.12. At the end of 2022 the company had a P/B ratio of -3.10.
P/B ratio history for Spencer's Retail Limited from 2017 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | -2.12 |
| 2022 | -3.10 |
| 2021 | 11.71 |
| 2020 | 3.27 |
| 2019 | 2.19 |
| 2018 | 2.39 |
| 2017 | 1.37 |