REDTAPE
|
The Current P/E Ratio of REDTAPE is 42.02.
Share Price | ₹135.5 | Sep 04,2025 |
Market Cap | ₹7,487.7 Cr | |
Earnings-TTM | ₹178.2 Cr | TTM-Consolidated Results |
Price/Earnings | 42.02x | 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 [ ₹7,487.7 Cr] as on Sep 04,2025
(/) Earnings [ ₹178.2 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 42.02x ]
Thus, for REDTAPE , the investors are currently willing to pay 42.02 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 | 178.21 | 42.02 | 7,487.7 |
AVENUE SUPERMARTS LTD | 2,706.58 | 116.13 | 314,324.0 |
TRENT LTD | 1,527.79 | 128.55 | 196,401.0 |
METRO BRANDS LTD | 358.70 | 93.13 | 33,406.5 |
ADITYA BIRLA FASHION AND RETAIL LTD | -628.39 | -16.09 | 10,112.6 |
PN GADGIL JEWELLERS LTD | 252.29 | 31.55 | 7,960.7 |
VMART RETAIL LTD | 67.23 | 88.34 | 5,939.4 |
ETHOS LTD | 95.32 | 69.49 | 6,623.3 |
SHOPPERS STOP LTD | 17.89 | 335.85 | 6,008.3 |
V2 RETAIL LTD | 80.36 | 72.13 | 5,796.3 |
ARVIND FASHIONS LTD | 45.75 | 157.66 | 7,212.9 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -16.09x |
Max industry PE | 335.85x |
Median industry PE | 88.34x |
Average industry PE | 101.71x |
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