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REDTAPE
PE (Price/Earnings) Ratio

The Current P/E Ratio of REDTAPE is 46.95.

Share Price ₹144.2Apr 11,2025
Market Cap ₹7,968.6 Cr
Earnings-TTM₹169.7 CrTTM-Consolidated Results
Price/Earnings46.95xCalculated 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 [ ₹7,968.6 Cr] as on Apr 11,2025

(/) Earnings [ ₹169.7 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 46.95x ]

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 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 latest p/e ratio is 46.95x.

- 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 RatioMarket Cap
REDTAPE 169.7446.957,968.6
AVENUE SUPERMARTS LTD2,719.8098.62268,239.0
TRENT LTD1,805.3794.12169,925.0
METRO BRANDS LTD412.3169.9428,836.7
ADITYA BIRLA FASHION AND RETAIL LTD-731.44-42.3730,994.6
PN GADGIL JEWELLERS LTD213.8833.737,214.9
VMART RETAIL LTD-11.66-535.216,240.5
ETHOS LTD94.9765.536,222.9
SHOPPERS STOP LTD32.10169.705,447.4
V2 RETAIL LTD69.2084.025,813.6
ARVIND FASHIONS LTD146.7934.605,079.3

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

Top 10 Industry PeersPE 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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