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Redtape Ltd PE Ratio

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Redtape Ltd

NSE: REDTAPE

PE

64.8

Last updated on: Jan 15, 2025

Key Highlights

  • The P/E Ratio of Redtape Ltd is 64.8 as of 15 Jan 9.00 AM .
  • The P/E Ratio of Redtape Ltd changed from 51.6 on March 2024 to 51.6 on March 2024 . This represents a CAGR of 0.00% over 1 years.
  • The Latest Trading Price of Redtape Ltd is ₹ 738.55 as of 14 Jan 15:30 .
  • The PE Ratio of Retail Industry has changed from 231.2 to 157.6 in 5 years. This represents a CAGR of -7.38%.
  • The PE Ratio of Automobile industry is 20.3. The PE Ratio of Finance industry is 17.8. The PE Ratio of IT - Software industry is 30.4. The PE Ratio of Retail industry is 157.6. The PE Ratio of Textiles industry is 36.9 in 2024.

Historical P/E Ratio of Redtape Ltd

No data available

Company Fundamentals for Redtape Ltd

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Redtape Ltd

NSE: REDTAPE

Share Price

₹ 738.55

15.35 (2.12%)

stock direction

Last updated on: Jan 14, 2025

Market Price of Redtape Ltd

1M

1Y

3Y

5Y

Monitoring Redtape Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
14 Jan 2025738.55
13 Jan 2025723.2
10 Jan 2025752.55
09 Jan 2025788.9
08 Jan 2025807
07 Jan 2025818.3
06 Jan 2025817.05
03 Jan 2025865.05
02 Jan 2025878.95
01 Jan 2025880.05

SWOT Analysis Of Redtape Ltd

Strength

2

che

Weakness

1

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Redtape Ltd

Asset Value vs Market Value of Redtape Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/E Ratio

Company
leftMarket Capright
Redtape Ltd10206
Avenue Supermarts Ltd226393
Trent Ltd219089
Aditya Birla Fashion & Retail Ltd28960
Brainbees Solutions Ltd25801

PE Ratio of Redtape Ltd Explained

``

10206

Market cap

157

Earnings

64.8X

PE Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Retail Industry over time

PE Ratio of Top Sectors

Historical Market Cap of Redtape Ltd

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Redtape Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

Historical Dividend Payout of Redtape Ltd

No data available

* All values are in %

About Redtape Ltd

  • Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited.
  • Prior to the Scheme, the Company was engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments & apparels, leather goods and accessories, and other related activities. The Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which inter-alia, provided for (a) Amalgamation of RTS Fashions Private Limited with Mirza International Limited; and (b) De-merger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis.
  • The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.

Redtape Ltd News Hub

Redtape consolidated net profit declines 34.43% in the June 2024 quarter

Net profit of Redtape declined 34.43% to Rs 30.64 crore in the quarter ended June 2024 as against Rs

Read more

2024-08-14 00:00:00

Redtape to announce Quarterly Result

Redtape will hold a meeting of the Board of Directors of the Company on 14 August 2024. Powered by C

Read more

2024-08-10 00:00:00

Redtape AGM scheduled

Redtape announced that the 3rd Annual General Meeting (AGM) of the company will be held on 28 Septem

Read more

2024-09-09 00:00:00

Redtape announces board meeting date

Redtape will hold a meeting of the Board of Directors of the Company on 13 November 2024 Powered by

Read more

2024-11-08 00:00:00

Product Composition by Percentage (Revenue)

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Annual Reports

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Credit Ratings

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Concalls

Data not available

FAQs for PE of Redtape Ltd

What is the current PE Ratio of Redtape Ltd?

The Current PE Ratio of Redtape Ltd is 64.79 as on 15 Jan 2025.

What is the average PE Ratio of the Retail industry?

The average industry PE Ratio of Retail is 157.6 as on 15 Jan 2025.

What was the PE Ratio of Redtape Ltd last year?

The PE Ratio of Redtape Ltd was 0.0 last year, now the PE ratio is 64.79, showing a year-on-year growth of -%.

What does the PE Ratio of Redtape Ltd indicate about its stock?

The PE Ratio of Redtape Ltd is 64.79. This ratio indicates that investors are willing to pay 64.79 times the earnings per share for each share of Redtape Ltd.

What is the PE Ratio Growth of Redtape Ltd in comparison to its Earnings per Share (EPS) growth rate?

The PE Ratio of Redtape Ltd grew by -% whereas, the EPS ratio grew by -18.5.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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