REDTAPE
|
The Current P/E Ratio of REDTAPE is 43.48.
| Share Price | ₹133.9 | Jun 10,2025 |
| Market Cap | ₹7,402.0 Cr | |
| Earnings-TTM | ₹170.3 Cr | TTM-Consolidated Results |
| Price/Earnings | 43.48x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of REDTAPE
Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹7,402.0 Cr] as on Jun 10,2025
(/) Earnings [ ₹170.3 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 43.48x ]
P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.
Thus, for REDTAPE , the investors are currently willing to pay 43.48 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.
Thus, for REDTAPE , the investors are currently willing to pay 43.48 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 latest p/e ratio is 43.48x.
- 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.
- 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 | 43.48 | 7,402.0 |
| AVENUE SUPERMARTS LTD | 2,707.45 | 98.07 | 265,532.0 |
| TRENT LTD | 1,447.91 | 142.73 | 206,663.0 |
| METRO BRANDS LTD | 352.83 | 95.19 | 33,587.5 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -615.02 | -15.22 | 9,358.4 |
| PN GADGIL JEWELLERS LTD | 218.27 | 37.86 | 8,264.0 |
| VMART RETAIL LTD | 45.77 | 150.57 | 6,891.4 |
| ETHOS LTD | 98.15 | 75.06 | 7,366.5 |
| SHOPPERS STOP LTD | 10.91 | 519.02 | 5,662.5 |
| V2 RETAIL LTD | 72.03 | 87.89 | 6,331.1 |
| ARVIND FASHIONS LTD | 34.40 | 179.67 | 6,180.7 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -15.22x |
| Max industry PE | 519.02x |
| Median industry PE | 95.19x |
| Average industry PE | 128.58x |
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