Red Star Express (NSA:RSE) PB Ratio: (As of Jun. 24, 2026)


What is Red Star Express PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-24), Red Star Express's share price is ₦22.40. Red Star Express's Book Value per Share for the fiscal year that ended in . 20 was ₦0.00. Hence, Red Star Express's PB Ratio of today is .

The historical rank and industry rank for Red Star Express's PB Ratio or its related term are showing as below:

NSA:RSE's PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.25
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Red Star Express  (NSA:RSE) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Red Star Express PB Ratio Related Terms


Red Star Express PB Ratio Historical Data

* Premium members only.

The historical data trend for Red Star Express's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Red Star Express PB Ratio Chart

Red Star Express Annual Data
Trend
PB Ratio

Red Star Express Quarterly Data
PB Ratio

NSA:RSE vs JANL: PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Red Star Express's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Red Star Express PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Red Star Express's PB Ratio distribution charts can be found below:

* The bar in red indicates where Red Star Express's PB Ratio falls into.



Red Star Express PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Red Star Express's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: . 20)
=22.40/
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Red Star Express Business Description

Address 70, International Airport Road, Lagos, NGA
Red Star Express PLC is engaged in the provision of courier services, mail management services, freight services, logistics, ware housing and general haulage.