REDTAPE
|
The Current P/E Ratio of REDTAPE is 40.78.
Share Price | ₹125.6 | Aug 05,2025 |
Market Cap | ₹6,943.2 Cr | |
Earnings-TTM | ₹170.3 Cr | TTM-Consolidated Results |
Price/Earnings | 40.78x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of REDTAPE
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹6,943.2 Cr] as on Aug 05,2025
(/) Earnings [ ₹170.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 40.78x ]
Thus, for REDTAPE , the investors are currently willing to pay 40.78 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 p/e ratio for fiscal years ending Mar2024 to Mar2023 averaged 25.78x.
- REDTAPE 's operated at median p/e ratio of 51.55x 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 51.55x.
- 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 Ratio | Market Cap |
---|---|---|---|
REDTAPE | 170.25 | 40.78 | 6,943.2 |
AVENUE SUPERMARTS LTD | 2,706.58 | 102.37 | 277,076.0 |
TRENT LTD | 1,447.91 | 130.55 | 189,020.0 |
METRO BRANDS LTD | 352.83 | 90.95 | 32,089.4 |
ADITYA BIRLA FASHION AND RETAIL LTD | -615.02 | -14.91 | 9,171.7 |
PN GADGIL JEWELLERS LTD | 218.27 | 35.14 | 7,670.2 |
VMART RETAIL LTD | 67.23 | 93.29 | 6,271.6 |
ETHOS LTD | 98.15 | 75.19 | 7,380.0 |
SHOPPERS STOP LTD | 17.89 | 322.95 | 5,777.6 |
V2 RETAIL LTD | 80.36 | 73.55 | 5,910.1 |
ARVIND FASHIONS LTD | 45.75 | 157.49 | 7,205.3 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -14.91x |
Max industry PE | 322.95x |
Median industry PE | 90.95x |
Average industry PE | 100.67x |
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