REDTAPE
|
The Current P/E Ratio of REDTAPE is 23.60.
| Share Price | ₹108.4 | Nov 11,2026 |
| Market Cap | ₹5,989.6 Cr | |
| Earnings-TTM | ₹253.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.60x | 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 [ ₹5,989.6 Cr] as on Nov 11,2026
(/) Earnings [ ₹253.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.60x ]
Thus, for REDTAPE , the investors are currently willing to pay 23.60 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 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 Ratio | Market Cap |
|---|---|---|---|
| REDTAPE | 253.82 | 23.60 | 5,989.6 |
| AVENUE SUPERMARTS LTD | 3,115.62 | 72.76 | 226,678.0 |
| TRENT LTD | 1,944.38 | 88.01 | 171,120.0 |
| VISHAL MEGA MART LTD | 897.49 | 50.37 | 45,208.4 |
| METRO BRANDS LTD | 419.32 | 54.49 | 22,848.9 |
| ADITYA BIRLA LIFESTYLE BRANDS LTD | 205.60 | 48.46 | 9,964.3 |
| MEDPLUS HEALTH SERVICES LTD | 211.00 | 35.03 | 7,391.4 |
| V2 RETAIL LTD | 179.64 | 36.87 | 6,623.6 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -896.83 | -5.45 | 4,888.3 |
| PN GADGIL JEWELLERS LTD | 487.61 | 19.00 | 9,263.5 |
| ADITYA VISION LTD | 144.26 | 48.96 | 7,063.2 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -5.45x |
| Max industry PE | 88.01x |
| Median industry PE | 48.46x |
| Average industry PE | 42.92x |
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