RATNAMANI METALS & TUBES
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The Current P/B Ratio of RATNAMANI METALS & TUBES is 7.35.
Share Price | ₹3,292.1 | Dec 20,2024 |
Market Cap | ₹23,077.6 Cr | |
Book Value | ₹3,140.5 Cr | Mar2024 - Consolidated Results |
Price/Book | 7.35x | Calculated as MarketCap/Book Value |
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Definition & Calculation of PB (Price/Book ) ratio of RATNAMANI METALS & TUBES
P/B =
Market Capitalization
/ Book Value
or, using per-share numbers:
P/B = Stock Price /
Book Value Per Share
Current Market Cap [ ₹23,077.6 Cr] as on Dec 20,2024
(/) Book Value [ ₹3,140.5 Cr] based on Mar2024 - Consolidated Results
(=) P/B Ratio [ 7.35x ]
Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay '7.35 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 RATNAMANI METALS & TUBES !
The chart below summarizes the trend in P/B Ratio of RATNAMANI METALS & TUBES over the last five years.
Historical PB (Price/Book ) ratio chart of RATNAMANI METALS & TUBES
PB Ratio Performance Analysis for RATNAMANI METALS & TUBES
- RATNAMANI METALS & TUBES 's p/b ratio for fiscal years ending Mar2024 to Mar2020 averaged 4.78x.
- RATNAMANI METALS & TUBES 's operated at median p/b ratio of 5.32x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATNAMANI METALS & TUBES 's p/b ratio peaked in Mar2024 at 6.22x.
- RATNAMANI METALS & TUBES 's p/b ratio hit its five-year low in Mar2020 of 2.47x.
How does RATNAMANI METALS & TUBES 's P/B Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Book Value | PB Ratio | Market Cap |
---|---|---|---|
RATNAMANI METALS & TUBES | 3,140.53 | 7.35 | 23,077.6 |
JSW STEEL LTD | 77,223.00 | 2.91 | 224,603.0 |
TATA STEEL LTD | 92,035.80 | 1.91 | 175,829.0 |
JINDAL STAINLESS LTD | 14,348.40 | 4.13 | 59,286.7 |
STEEL AUTHORITY OF INDIA LTD | 57,101.20 | 0.84 | 47,976.1 |
APL APOLLO TUBES LTD | 3,604.62 | 12.01 | 43,280.0 |
MOTHERSON SUMI WIRING INDIA LTD | 1,676.80 | 15.80 | 26,500.1 |
SHYAM METALICS AND ENERGY LTD | 9,685.18 | 2.22 | 21,483.4 |
WELSPUN CORP LTD | 5,596.02 | 3.64 | 20,383.2 |
JINDAL SAW LTD | 10,034.80 | 1.91 | 19,210.8 |
MAHARASHTRA SEAMLESS LTD | 5,730.70 | 1.66 | 9,524.0 |
Steel & Iron Products Industry Benchmark (Top 10) PB Analysis vs RATNAMANI METALS & TUBES 's P/B Ratio
Top 10 Industry Peers | PB Ratio |
---|---|
Min industry PB | 0.84x |
Max industry PB | 15.80x |
Median industry PB | 2.91x |
Average industry PB | 4.94x |
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