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REDTAPE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REDTAPE is 30.94.

Share Price ₹118.8Mar 18,2026
Market Cap ₹6,564.5 Cr
Earnings-TTM₹212.1 CrTTM-Consolidated Results
Price/Earnings30.94xCalculated 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 [ ₹6,564.5 Cr] as on Mar 18,2026

(/) Earnings [ ₹212.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 30.94x ]

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 30.94 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 30.94x.

- 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 RatioMarket Cap
REDTAPE 212.1430.946,564.5
AVENUE SUPERMARTS LTD2,864.2387.32250,113.0
TRENT LTD1,600.9580.80129,360.0
METRO BRANDS LTD391.7268.3126,760.0
ADITYA BIRLA FASHION AND RETAIL LTD-801.76-9.027,229.3
PN GADGIL JEWELLERS LTD381.5619.977,618.0
VMART RETAIL LTD131.2331.934,189.8
ETHOS LTD100.4258.215,845.1
SHOPPERS STOP LTD-17.74-186.843,314.5
V2 RETAIL LTD150.3946.546,999.2
ARVIND FASHIONS LTD45.94119.125,472.5

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

Top 10 Industry PeersPE Ratio
Min industry PE -186.84x
Max industry PE 119.12x
Median industry PE 46.54x
Average industry PE 31.57x



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