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REDTAPE
PS (Price/Sales) Ratio

The Current P/S Ratio of REDTAPE is 5.60.

Share Price ₹803.0Nov 22,2024
Market Cap ₹11,096.8 Cr
Sales-TTM₹1,982.1 CrTTM-Consolidated Results
Price/Sales5.60xCalculated as Market Cap/Sales
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Definition & Calculation of PS (Price/Sales) ratio of REDTAPE

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

P/S = Market Capitalization / Sales

or, using per-share numbers:

P/S = Stock Price / Sales Per Share

Applying the above formula, P/S ratio of REDTAPE is calculated as :

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 ]

P/S Ratio indicates 'the multiple of sales' investors are willing to pay to own one share of the company.

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 latest p/e ratio is 5.60x.

- 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 RatioMarket Cap (Cr)
REDTAPE 1,982.15.6011,096.8
AVENUE SUPERMARTS LTD54,812.74.29235,155.0
TRENT LTD15,025.415.74236,486.0
METRO BRANDS LTD2,380.013.0831,141.1
ADITYA BIRLA FASHION AND RETAIL LTD14,645.02.1130,904.8
BATA INDIA LTD3,483.14.8116,755.5
SHOPPERS STOP LTD4,468.01.496,642.4
ELECTRONICS MART INDIA LTD6,674.00.966,384.9
ETHOS LTD1,104.16.547,224.9
VAIBHAV GLOBAL LTD3,230.21.414,563.0
GO FASHION (INDIA) LTD812.57.205,846.7

Retailing Industry Benchmark (Top 10) PS Analysis vs REDTAPE 's P/S Ratio

Top 10 Industry PeersPS 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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