REDINGTON
|
The Current P/E Ratio of REDINGTON is 13.22.
Share Price | ₹198.2 | Nov 26,2024 |
Market Cap | ₹15,491.4 Cr | |
Earnings-TTM | ₹1,171.7 Cr | TTM-Consolidated Results |
Price/Earnings | 13.22x | Calculated as Market Cap/Earnings |
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Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of REDINGTON
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹15,491.4 Cr] as on Nov 26,2024
(/) Earnings [ ₹1,171.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.22x ]
Thus, for REDINGTON , the investors are currently willing to pay 13.22 times earnings to own 1 share of the company.
PE Multiples are the most widely used valuation multiple in practice.
Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.
In such cases, you may consider using Price to Book ratio or Price to Sales ratio of REDINGTON !
P/E ratios, also, would not adjust for differences in the capital structure between companies.
The chart below summarizes the trend in P/E Ratio of REDINGTON over the last five years.
Historical PE (Price/Earnings) ratio chart of REDINGTON
PE Ratio Performance Analysis for REDINGTON
- REDINGTON 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 7.80x.
- REDINGTON 's operated at median p/e ratio of 8.85x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REDINGTON 's p/e ratio peaked in Mar2024 at 13.36x.
- REDINGTON 's p/e ratio hit its five-year low in Mar2020 of 2.57x.
How does REDINGTON 's P/E Ratio benchmark against top 10 peers in Trading Industry?
Peer Comparison (Trading Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
REDINGTON | 1,171.69 | 13.22 | 15,491.4 |
ADANI ENTERPRISES LTD | 5,730.28 | 43.30 | 248,126.0 |
HONASA CONSUMER LTD | 78.06 | 93.77 | 7,319.9 |
MMTC LTD | 124.49 | 93.83 | 11,680.5 |
MSTC LTD | 208.02 | 22.49 | 4,677.4 |
LLOYDS ENTERPRISES LTD | 185.79 | 30.35 | 5,638.1 |
VERITAS (INDIA) LTD | 204.84 | 11.45 | 2,344.9 |
NOVARTIS INDIA LTD | 87.40 | 29.77 | 2,601.7 |
OPTIEMUS INFRACOM LTD | 62.34 | 89.33 | 5,568.3 |
MISHTANN FOODS LTD | 9.86 | 153.52 | 1,513.0 |
SIRCA PAINTS INDIA LTD | 46.51 | 38.79 | 1,804.0 |
Trading Industry Benchmark (Top 10) PE Analysis vs REDINGTON 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 11.45x |
Max industry PE | 153.52x |
Median industry PE | 38.79x |
Average industry PE | 56.35x |
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