REDTAPE
|
The Current P/E Ratio of REDTAPE is 32.18.
| Share Price | ₹123.5 | Apr 22,2026 |
| Market Cap | ₹6,827.1 Cr | |
| Earnings-TTM | ₹212.1 Cr | TTM-Consolidated Results |
| Price/Earnings | 32.18x | 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 [ ₹6,827.1 Cr] as on Apr 22,2026
(/) Earnings [ ₹212.1 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.18x ]
Thus, for REDTAPE , the investors are currently willing to pay 32.18 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 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 Ratio | Market Cap |
|---|---|---|---|
| REDTAPE | 212.14 | 32.18 | 6,827.1 |
| AVENUE SUPERMARTS LTD | 2,864.23 | 104.63 | 299,674.0 |
| TRENT LTD | 1,717.43 | 91.81 | 157,680.0 |
| METRO BRANDS LTD | 391.72 | 74.18 | 29,058.9 |
| ADITYA BIRLA FASHION AND RETAIL LTD | -801.76 | -9.90 | 7,934.7 |
| PN GADGIL JEWELLERS LTD | 381.56 | 23.96 | 9,142.0 |
| VMART RETAIL LTD | 131.23 | 39.18 | 5,141.0 |
| ETHOS LTD | 100.42 | 72.40 | 7,269.7 |
| SHOPPERS STOP LTD | -17.74 | -188.39 | 3,342.1 |
| V2 RETAIL LTD | 150.39 | 49.84 | 7,495.1 |
| ARVIND FASHIONS LTD | 45.94 | 137.18 | 6,301.8 |
Retailing Industry Benchmark (Top 10) PE Analysis vs REDTAPE 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | -188.39x |
| Max industry PE | 137.18x |
| Median industry PE | 49.84x |
| Average industry PE | 38.82x |
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