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REDTAPEFootwear
Redtape Ltd โ PE Ratio & Valuation Analysis
โน109.93
-1.94%
Current P/E40.03xPrice to earnings
Industry P/E40.03xSector average
4Y Avg P/E51.5x22.2% below avg
โ ๏ธ
0.0% Premium to Industry
REDTAPE P/E 40.03x vs sector avg 40.03x
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Historical PE Ratio
| Year | EPS (โน) | Year-end Price | PE Ratio |
|---|---|---|---|
| 2025 | โน3.08 | โน124 | 40.2x |
| 2024 | โน3.19 | โน218 | 68.5x |
| 2023 | โน2.57 | โน118 | 45.7x |
PE = Year-end closing price รท Diluted EPS. Source: NSE/BSE filings.
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Understanding Redtape Ltd Valuation
Redtape Ltd (REDTAPE) currently trades at 40.03x earnings. The Footwear sector average PE is 40.03x. REDTAPE commands a premium, reflecting high growth expectations. Historically, REDTAPE has traded at an average PE of 51.5x โ it is currently below that level. Always evaluate PE alongside earnings growth (PEG ratio), return on equity, debt levels and business quality. A lower PE isn't always better. Educational data only โ not investment advice.
ROE
23.55%
Dividend Yield
0.57%
More on Redtape Ltd
Data from NSE/BSE public filings. Educational purposes only. Bull Run is not SEBI-registered. Not investment advice.