Home > PE Ratio > REDTAPE

REDTAPE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REDTAPE is 27.27.

Share Price ₹121.6Aug 17,2026
Market Cap ₹6,719.3 Cr
Earnings-TTM₹246.4 CrTTM-Consolidated Results
Price/Earnings27.27xCalculated as Market Cap/Earnings
Explore Stock Analytics
COMMUNITY POLL
for REDTAPE
Please provide your vote to see the results
REDTAPE is part of below Screeners ↓
Top Undervalued Small Cap Stocks

Definition & Calculation of PE (Price/Earnings) ratio of REDTAPE

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

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

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

Current Market Cap [ ₹6,719.3 Cr] as on Aug 17,2026

(/) Earnings [ ₹246.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 27.27x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for REDTAPE , the investors are currently willing to pay 27.27 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 REDTAPE !

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 REDTAPE over the last five years.

Historical PE (Price/Earnings) ratio chart of REDTAPE


PE Ratio Performance Analysis for REDTAPE

- REDTAPE 's latest p/e ratio is 27.27x.

- REDTAPE 's p/e ratio for fiscal years ending Mar2026 to Mar2023 averaged 21.39x.

- REDTAPE 's operated at median p/e ratio of 25.22x from fiscal years ending March 2018 to 2022.

- Looking back at the last 4 fiscal years, REDTAPE 's p/e ratio peaked in Mar2025 at 47.44x.

- REDTAPE 's p/e ratio hit its five-year low in Mar2023 of 0x.


How does REDTAPE 's P/E Ratio benchmark against top 10 peers in Retailing Industry?

Peer Comparison (Retailing Industry)Earnings-TTM (Cr)PE RatioMarket Cap
REDTAPE 246.4327.276,719.3
AVENUE SUPERMARTS LTD3,057.4985.50261,420.0
TRENT LTD1,829.7585.97157,303.0
VISHAL MEGA MART LTD891.9255.4449,448.2
METRO BRANDS LTD411.2862.5125,711.1
ADITYA BIRLA LIFESTYLE BRANDS LTD175.9962.3410,971.3
MEDPLUS HEALTH SERVICES LTD210.4337.397,869.0
V2 RETAIL LTD178.6544.667,978.3
ADITYA BIRLA FASHION AND RETAIL LTD-814.94-8.286,750.8
PN GADGIL JEWELLERS LTD445.8120.158,983.8
ADITYA VISION LTD138.9856.487,849.0

Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -8.28x
Max industry PE 85.97x
Median industry PE 55.44x
Average industry PE 48.13x



You may also like the below Video Courses