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REDINGTON
PE (Price/Earnings) Ratio

The Current P/E Ratio of REDINGTON is 13.22.

Share Price ₹198.2Nov 26,2024
Market Cap ₹15,491.4 Cr
Earnings-TTM₹1,171.7 CrTTM-Consolidated Results
Price/Earnings13.22xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of REDINGTON

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of REDINGTON is calculated as :

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 ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

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 latest p/e ratio is 13.22x.

- 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 RatioMarket Cap
REDINGTON 1,171.6913.2215,491.4
ADANI ENTERPRISES LTD5,730.2843.30248,126.0
HONASA CONSUMER LTD78.0693.777,319.9
MMTC LTD124.4993.8311,680.5
MSTC LTD208.0222.494,677.4
LLOYDS ENTERPRISES LTD185.7930.355,638.1
VERITAS (INDIA) LTD204.8411.452,344.9
NOVARTIS INDIA LTD87.4029.772,601.7
OPTIEMUS INFRACOM LTD62.3489.335,568.3
MISHTANN FOODS LTD9.86153.521,513.0
SIRCA PAINTS INDIA LTD46.5138.791,804.0

Trading Industry Benchmark (Top 10) PE Analysis vs REDINGTON 's P/E Ratio

Top 10 Industry PeersPE 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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