REDINGTON
|
The Current P/E Ratio of REDINGTON is 13.75.
Share Price | ₹218.7 | Apr 30,2024 |
Market Cap | ₹17,094.1 Cr | |
Earnings-TTM | ₹1,243.1 Cr | TTM-Consolidated Results |
Price/Earnings | 13.75x | Calculated as Market Cap/Earnings |
---|---|---|
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 [ ₹17,094.1 Cr] as on Apr 30,2024
(/) Earnings [ ₹1,243.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 13.75x ]
Thus, for REDINGTON , the investors are currently willing to pay 13.75 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 Mar2023 to Mar2019 averaged 5.92x.
- REDINGTON 's operated at median p/e ratio of 4.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, REDINGTON 's p/e ratio peaked in Mar2023 at 9.35x.
- 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 | 1,243.11 | 13.75 | 17,094.1 |
ADANI ENTERPRISES LTD | 3,751.70 | 92.29 | 346,235.0 |
HONASA CONSUMER LTD | 77.66 | 177.28 | 13,767.4 |
MMTC LTD | 49.62 | 226.36 | 11,232.0 |
MSTC LTD | 239.56 | 26.21 | 6,278.6 |
LLOYDS ENTERPRISES LTD | 132.28 | 37.42 | 4,949.8 |
VERITAS (INDIA) LTD | 191.62 | 20.93 | 4,010.8 |
NOVARTIS INDIA LTD | 95.53 | 26.86 | 2,565.7 |
OPTIEMUS INFRACOM LTD | 53.23 | 44.67 | 2,377.8 |
MISHTANN FOODS LTD | 26.01 | 75.80 | 1,971.5 |
SIRCA PAINTS INDIA LTD | 48.41 | 36.03 | 1,744.3 |
Trading Industry Benchmark (Top 10) PE Analysis vs REDINGTON 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 13.75x |
Max industry PE | 226.36x |
Median industry PE | 37.42x |
Average industry PE | 70.69x |
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