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REDTAPE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REDTAPE is 23.85.

Share Price ₹106.3Nov 03,2026
Market Cap ₹5,876.3 Cr
Earnings-TTM₹246.4 CrTTM-Consolidated Results
Price/Earnings23.85xCalculated as Market Cap/Earnings
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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)

Applying the above formula, P/E ratio of REDTAPE is calculated as :

Current Market Cap [ ₹5,876.3 Cr] as on Nov 03,2026

(/) Earnings [ ₹246.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 23.85x ]

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 23.85 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 23.85x.

- 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 RatioMarket Cap
REDTAPE 246.4323.855,876.3
AVENUE SUPERMARTS LTD3,115.6270.24218,850.0
TRENT LTD1,944.3883.15161,682.0
VISHAL MEGA MART LTD897.4947.0842,257.0
METRO BRANDS LTD419.3254.1222,692.2
ADITYA BIRLA LIFESTYLE BRANDS LTD205.6043.428,926.9
MEDPLUS HEALTH SERVICES LTD211.0033.987,169.7
V2 RETAIL LTD178.6533.646,009.2
ADITYA BIRLA FASHION AND RETAIL LTD-814.94-5.874,785.7
PN GADGIL JEWELLERS LTD487.6117.388,475.2
ADITYA VISION LTD144.2647.286,821.1

Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE -5.87x
Max industry PE 83.15x
Median industry PE 43.42x
Average industry PE 40.75x



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