REDTAPE
|
The Current P/E Ratio of REDTAPE is 31.36.
| Share Price | ₹120.4 | Apr 13,2026 |
| Market Cap | ₹6,652.9 Cr | |
| Earnings-TTM | ₹212.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 31.36x | 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 [ ₹6,652.9 Cr] as on Apr 13,2026
(/) Earnings [ ₹212.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 31.36x ]
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 31.36 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 31.36 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 31.36x.
- 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.
- 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 | 212.14 | 31.36 | 6,652.9 |
| AVENUE SUPERMARTS LTD | 2,864.23 | 101.22 | 289,910.0 |
| TRENT LTD | 1,600.95 | 86.07 | 137,787.0 |
| METRO BRANDS LTD | 391.72 | 70.96 | 27,795.7 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -801.76 | -9.43 | 7,561.2 |
| PN GADGIL JEWELLERS LTD | 381.56 | 22.91 | 8,742.3 |
| VMART RETAIL LTD | 131.23 | 37.15 | 4,874.8 |
| ETHOS LTD | 100.42 | 64.72 | 6,498.9 |
| SHOPPERS STOP LTD | -17.74 | -184.57 | 3,274.3 |
| V2 RETAIL LTD | 150.39 | 47.05 | 7,075.8 |
| ARVIND FASHIONS LTD | 45.94 | 139.18 | 6,394.1 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -184.57x |
| Max industry PE | 139.18x |
| Median industry PE | 47.05x |
| Average industry PE | 36.96x |
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