REDTAPE
|
The Current P/S Ratio of REDTAPE is 5.60.
Share Price | ₹803.0 | Nov 22,2024 |
Market Cap | ₹11,096.8 Cr | |
Sales-TTM | ₹1,982.1 Cr | TTM-Consolidated Results |
Price/Sales | 5.60x | Calculated as Market Cap/Sales |
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Explore Stock Analytics |
Definition & Calculation of PS (Price/Sales) ratio of REDTAPE
P/S =
Market Capitalization
/
Sales
or, using per-share numbers:
P/S = Stock Price / Sales Per Share
Current Market Cap [ ₹11,096.8 Cr] as on Nov 22,2024
(/) Sales [ ₹1,982.1 Cr] based on TTM-Consolidated Results
(=) P/S Ratio [ 5.60x ]
Thus, for REDTAPE , the investors are currently willing to pay '5.60 times sales' to own 1 share of the company.
PS Multiples are one of the most widely used valuation multiple in the industry.
P/S ratios can be a reliable benchmark to compare companies with negative earnings or book value.
You may also explore Price to Earnings ratio or Price to Book ratio of REDTAPE !
The chart below summarizes the trend in P/S Ratio of REDTAPE over the last five years.
Historical PS (Price/Sales) ratio chart of REDTAPE
PS Ratio Performance Analysis for REDTAPE
- REDTAPE 's p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 2.47x.
- REDTAPE 's operated at median p/e ratio of 4.93x from fiscal years ending March 2018 to 2022.
- Looking back at the last 2 fiscal years, REDTAPE 's p/e ratio peaked in Mar2024 at 4.93x.
- REDTAPE 's p/e ratio hit its five-year low in Mar2023 of 0x.
How does REDTAPE 's P/S Ratio benchmark against top 10 peers in Retailing Industry?
Peer Comparison (Retailing Industry) | Sales (Cr) | PS Ratio | Market Cap (Cr) |
---|---|---|---|
REDTAPE | 1,982.1 | 5.60 | 11,096.8 |
AVENUE SUPERMARTS LTD | 54,812.7 | 4.29 | 235,155.0 |
TRENT LTD | 15,025.4 | 15.74 | 236,486.0 |
METRO BRANDS LTD | 2,380.0 | 13.08 | 31,141.1 |
ADITYA BIRLA FASHION AND RETAIL LTD | 14,645.0 | 2.11 | 30,904.8 |
BATA INDIA LTD | 3,483.1 | 4.81 | 16,755.5 |
SHOPPERS STOP LTD | 4,468.0 | 1.49 | 6,642.4 |
ELECTRONICS MART INDIA LTD | 6,674.0 | 0.96 | 6,384.9 |
ETHOS LTD | 1,104.1 | 6.54 | 7,224.9 |
VAIBHAV GLOBAL LTD | 3,230.2 | 1.41 | 4,563.0 |
GO FASHION (INDIA) LTD | 812.5 | 7.20 | 5,846.7 |
Retailing Industry Benchmark (Top 10) PS Analysis vs REDTAPE 's P/S Ratio
Top 10 Industry Peers | PS Ratio |
---|---|
Min industry PS | 0.96x |
Max industry PS | 15.74x |
Median industry PS | 4.81x |
Average industry PS | 5.75x |
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