REDTAPE
|
The Current P/E Ratio of REDTAPE is 47.14.
Share Price | ₹144.8 | Feb 28,2025 |
Market Cap | ₹8,001.8 Cr | |
Earnings-TTM | ₹169.7 Cr | TTM-Consolidated Results |
Price/Earnings | 47.14x | 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 [ ₹8,001.8 Cr] as on Feb 28,2025
(/) Earnings [ ₹169.7 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 47.14x ]
Thus, for REDTAPE , the investors are currently willing to pay 47.14 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 | 47.14 | 8,001.8 |
AVENUE SUPERMARTS LTD | 2,719.80 | 81.43 | 221,464.0 |
TRENT LTD | 1,805.37 | 95.56 | 172,529.0 |
METRO BRANDS LTD | 412.31 | 73.95 | 30,491.0 |
ADITYA BIRLA FASHION AND RETAIL LTD | -731.44 | -40.36 | 29,517.8 |
PN GADGIL JEWELLERS LTD | 213.88 | 34.14 | 7,301.1 |
VMART RETAIL LTD | -11.66 | -504.69 | 5,884.7 |
ETHOS LTD | 94.97 | 64.63 | 6,137.6 |
SHOPPERS STOP LTD | 32.10 | 178.67 | 5,735.2 |
V2 RETAIL LTD | 69.20 | 78.76 | 5,450.2 |
ARVIND FASHIONS LTD | 146.79 | 34.58 | 5,075.7 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | -504.69x |
Max industry PE | 178.67x |
Median industry PE | 64.63x |
Average industry PE | 13.07x |
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