REDTAPE
|
The Current P/E Ratio of REDTAPE is 30.59.
| Share Price | ₹133.1 | Jun 24,2026 |
| Market Cap | ₹7,357.8 Cr | |
| Earnings-TTM | ₹240.6 Cr | TTM-Consolidated Results |
| Price/Earnings | 30.59x | 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 [ ₹7,357.8 Cr] as on Jun 24,2026
(/) Earnings [ ₹240.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 30.59x ]
Thus, for REDTAPE , the investors are currently willing to pay 30.59 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 Mar2025 to Mar2023 averaged 20.11x.
- REDTAPE 's operated at median p/e ratio of 12.89x from fiscal years ending March 2018 to 2022.
- Looking back at the last 3 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 Ratio | Market Cap |
|---|---|---|---|
| REDTAPE | 240.55 | 30.59 | 7,357.8 |
| AVENUE SUPERMARTS LTD | 2,969.86 | 95.33 | 283,111.0 |
| TRENT LTD | 1,717.43 | 100.79 | 173,106.0 |
| VISHAL MEGA MART LTD | 839.23 | 66.25 | 55,602.1 |
| METRO BRANDS LTD | 414.34 | 68.33 | 28,313.7 |
| ADITYA BIRLA LIFESTYLE BRANDS LTD | 171.03 | 71.58 | 12,241.8 |
| MEDPLUS HEALTH SERVICES LTD | 219.61 | 46.08 | 10,119.1 |
| V2 RETAIL LTD | 161.46 | 51.73 | 8,352.0 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -800.58 | -9.41 | 7,530.7 |
| PN GADGIL JEWELLERS LTD | 409.82 | 17.86 | 7,320.1 |
| ADITYA VISION LTD | 116.92 | 71.09 | 8,312.0 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -9.41x |
| Max industry PE | 100.79x |
| Median industry PE | 66.25x |
| Average industry PE | 55.48x |
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