REDTAPE
|
The Current P/E Ratio of REDTAPE is 23.35.
| Share Price | ₹104.1 | Oct 23,2026 |
| Market Cap | ₹5,754.6 Cr | |
| Earnings-TTM | ₹246.4 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.35x | 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 [ ₹5,754.6 Cr] as on Oct 23,2026
(/) Earnings [ ₹246.4 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.35x ]
Thus, for REDTAPE , the investors are currently willing to pay 23.35 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 | 246.43 | 23.35 | 5,754.6 |
| AVENUE SUPERMARTS LTD | 3,115.62 | 66.29 | 206,521.0 |
| TRENT LTD | 1,829.75 | 79.15 | 144,823.0 |
| VISHAL MEGA MART LTD | 897.49 | 45.41 | 40,757.8 |
| METRO BRANDS LTD | 419.32 | 53.28 | 22,341.9 |
| ADITYA BIRLA LIFESTYLE BRANDS LTD | 175.99 | 48.91 | 8,608.3 |
| MEDPLUS HEALTH SERVICES LTD | 210.43 | 33.90 | 7,133.1 |
| V2 RETAIL LTD | 178.65 | 33.29 | 5,947.2 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -814.94 | -5.96 | 4,855.3 |
| PN GADGIL JEWELLERS LTD | 445.81 | 18.89 | 8,419.3 |
| ADITYA VISION LTD | 138.98 | 51.57 | 7,166.5 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -5.96x |
| Max industry PE | 79.15x |
| Median industry PE | 45.41x |
| Average industry PE | 40.73x |
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