REDTAPE
|
The Current P/E Ratio of REDTAPE is 23.11.
| Share Price | ₹106.1 | Nov 04,2026 |
| Market Cap | ₹5,865.2 Cr | |
| Earnings-TTM | ₹253.8 Cr | TTM-Consolidated Results |
| Price/Earnings | 23.11x | 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 [ ₹5,865.2 Cr] as on Nov 04,2026
(/) Earnings [ ₹253.8 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 23.11x ]
Thus, for REDTAPE , the investors are currently willing to pay 23.11 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 | 253.82 | 23.11 | 5,865.2 |
| AVENUE SUPERMARTS LTD | 3,115.62 | 71.44 | 222,568.0 |
| TRENT LTD | 1,944.38 | 83.79 | 162,916.0 |
| VISHAL MEGA MART LTD | 897.49 | 47.50 | 42,631.8 |
| METRO BRANDS LTD | 419.32 | 55.83 | 23,411.9 |
| ADITYA BIRLA LIFESTYLE BRANDS LTD | 205.60 | 43.79 | 9,002.6 |
| MEDPLUS HEALTH SERVICES LTD | 211.00 | 34.17 | 7,210.6 |
| V2 RETAIL LTD | 179.64 | 30.38 | 5,456.8 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -814.94 | -6.10 | 4,968.8 |
| PN GADGIL JEWELLERS LTD | 487.61 | 17.56 | 8,562.0 |
| ADITYA VISION LTD | 144.26 | 46.44 | 6,699.7 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -6.10x |
| Max industry PE | 83.79x |
| Median industry PE | 43.79x |
| Average industry PE | 40.72x |
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