RAM RATNA WIRES
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The Current P/B Ratio of RAM RATNA WIRES is 6.34.
Share Price | ₹590.4 | Dec 11,2024 |
Market Cap | ₹2,597.8 Cr | |
Book Value | ₹409.7 Cr | Mar2024 - Consolidated Results |
Price/Book | 6.34x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RAM RATNA WIRES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹2,597.8 Cr] as on Dec 11,2024
(/) Book Value [ ₹409.7 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 6.34x ]
Thus, for RAM RATNA WIRES , the investors are currently willing to pay '6.34 times book value' to own 1 share of the company.
PB Multiples are one of the most widely used valuation multiple in industry.
Since P/B ratio uses Book Value in the calculation, P/B multiples are not always reliable for valuing companies with negative book value.
In such cases, you may consider using Price to Earnings ratio or Price to Sales ratio of RAM RATNA WIRES !
The chart below summarizes the trend in P/B Ratio of RAM RATNA WIRES over the last five years.
Historical PB (Price/Book ) ratio chart of RAM RATNA WIRES
PB Ratio Performance Analysis for RAM RATNA WIRES
- RAM RATNA WIRES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 1.60x.
- RAM RATNA WIRES 's operated at median p/b ratio of 1.6x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RAM RATNA WIRES 's p/b ratio peaked in Mar2024 at 2.75x.
- RAM RATNA WIRES 's p/b ratio hit its five-year low in Mar2020 of 0.55x.
How does RAM RATNA WIRES 's P/B Ratio benchmark against top 10 peers in Metal - Non Ferrous Industry?
Peer Comparison (Metal - Non Ferrous Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RAM RATNA WIRES | 409.66 | 6.34 | 2,597.8 |
HINDUSTAN ZINC LTD | 15,195.00 | 13.95 | 211,963.0 |
HINDALCO INDUSTRIES LTD | 106,386.00 | 1.41 | 150,373.0 |
VEDANTA LTD | 30,509.00 | 6.59 | 201,033.0 |
HINDUSTAN COPPER LTD | 2,285.11 | 12.28 | 28,063.0 |
GRAVITA INDIA LTD | 837.40 | 18.62 | 15,593.2 |
SHIVALIK BIMETAL CONTROLS LTD | 341.51 | 10.28 | 3,509.5 |
BHARAT WIRE ROPES LTD | 657.04 | 2.48 | 1,632.2 |
NILE LTD | 229.86 | 2.67 | 613.0 |
RAJNANDINI METAL LTD | 56.71 | 4.78 | 271.2 |
SHERA ENERGY LTD | 106.92 | 4.33 | 462.6 |
Metal - Non Ferrous Industry Benchmark (Top 10) PB Analysis vs RAM RATNA WIRES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 1.41x |
Max industry PB | 18.62x |
Median industry PB | 6.34x |
Average industry PB | 7.61x |
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