REDTAPE
|
The Current P/E Ratio of REDTAPE is 46.95.
Share Price | ₹144.2 | Apr 11,2025 |
Market Cap | ₹7,968.6 Cr | |
Earnings-TTM | ₹169.7 Cr | TTM-Consolidated Results |
Price/Earnings | 46.95x | 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 [ ₹7,968.6 Cr] as on Apr 11,2025
(/) Earnings [ ₹169.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 46.95x ]
Thus, for REDTAPE , the investors are currently willing to pay 46.95 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 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 | 169.74 | 46.95 | 7,968.6 |
AVENUE SUPERMARTS LTD | 2,719.80 | 98.62 | 268,239.0 |
TRENT LTD | 1,805.37 | 94.12 | 169,925.0 |
METRO BRANDS LTD | 412.31 | 69.94 | 28,836.7 |
ADITYA BIRLA FASHION AND RETAIL LTD | -731.44 | -42.37 | 30,994.6 |
PN GADGIL JEWELLERS LTD | 213.88 | 33.73 | 7,214.9 |
VMART RETAIL LTD | -11.66 | -535.21 | 6,240.5 |
ETHOS LTD | 94.97 | 65.53 | 6,222.9 |
SHOPPERS STOP LTD | 32.10 | 169.70 | 5,447.4 |
V2 RETAIL LTD | 69.20 | 84.02 | 5,813.6 |
ARVIND FASHIONS LTD | 146.79 | 34.60 | 5,079.3 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -535.21x |
Max industry PE | 169.70x |
Median industry PE | 65.53x |
Average industry PE | 10.88x |
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