REDTAPE.NS
Price:
$131.91
Market Cap:
$72.92B
Established in 1996 and based in Noida, India, Redtape Limited is an enterprise specializing in the manufacturing and global distribution of a diverse range of footwear and apparel. The company caters to men, women, and children, operating both within India and in international markets. Its extensive product portfolio encompasses various footwear options, from casual items like sandals, slippers, sliders, and flip-flops to more structured shoes, sports footwear, and boots. In terms of clothing, Redtape offers a substantial selection of topwear, including T-shirts, shirts, sweaters, hoodies, and jackets, alongside a variety of bottomwear such as jeans, trousers, jeggings, and pants. The compa...[Read more]
Industry
Apparel - Footwear & Accessories
IPO Date
2023-08-11
Stock Exchange
NSE
Ticker
REDTAPE.NS
According to Redtape Limited’s latest financial reports and current stock price. The company's current PE Ratio is 30.32. This represents a change of -23.20% compared to the average of 39.48 of the last 4 quarters.
The mean historical PE Ratio of Redtape Limited over the last ten years is 46.85. The current 30.32 PE Ratio has changed 6.37% with respect to the historical average. Over the past ten years (40 quarters), REDTAPE.NS's PE Ratio was at its highest in in the September 2024 quarter at 107.71. The PE Ratio was at its lowest in in the March 2022 quarter at -102047.96.
Average
46.85
Median
48.01
Minimum
26.48
Maximum
58.75
Discovering the peaks and valleys of Redtape Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 11.76%
Maximum Annual PE Ratio = 58.75
Minimum Annual Increase = -44.05%
Minimum Annual PE Ratio = 26.48
| Year | PE Ratio | Change |
|---|---|---|
| 2026 | 26.48 | -44.05% |
| 2025 | 47.34 | -11.78% |
| 2024 | 53.66 | 11.76% |
| 2023 | 48.01 | -18.28% |
The current PE Ratio of Redtape Limited (REDTAPE.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
42.49
5-year avg
46.85
10-year avg
46.85
Redtape Limited’s PE Ratio is greater than RattanIndia Enterprises Limited (-19.44), less than Lumax Auto Technologies Limited (39.19), less than Lumax Auto Technologies Limited (39.19), greater than Thomas Cook (India) Limited (23.02), greater than Thomas Cook (India) Limited (23.02), less than Garware Technical Fibres Limited (34.47), less than Garware Technical Fibres Limited (34.47), less than Electronics Mart India Limited (36.57), less than Electronics Mart India Limited (36.57), less than Aditya Vision Limited (57.33),
| Company | PE Ratio | Market cap |
|---|---|---|
| -19.44 | $48.45B | |
| 39.19 | $109.19B | |
| 39.19 | $109.29B | |
| 23.02 | $50.40B | |
| 23.02 | $50.58B | |
| 34.47 | $68.64B | |
| 34.47 | $68.46B | |
| 36.57 | $39.08B | |
| 36.57 | $39.08B | |
| 57.33 | $66.76B |
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