RATNAMANI METALS & TUBES
|
The Current P/E Ratio of RATNAMANI METALS & TUBES is 34.50.
Share Price | ₹2,615.9 | Apr 02,2025 |
Market Cap | ₹18,337.5 Cr | |
Earnings-TTM | ₹531.5 Cr | TTM-Consolidated Results |
Price/Earnings | 34.50x | Calculated as Market Cap/Earnings |
---|---|---|
Explore Stock Analytics |
Definition & Calculation of PE (Price/Earnings) ratio of RATNAMANI METALS & TUBES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹18,337.5 Cr] as on Apr 02,2025
(/) Earnings [ ₹531.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.50x ]
Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay 34.50 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 RATNAMANI METALS & TUBES !
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 RATNAMANI METALS & TUBES over the last five years.
Historical PE (Price/Earnings) ratio chart of RATNAMANI METALS & TUBES
PE Ratio Performance Analysis for RATNAMANI METALS & TUBES
- RATNAMANI METALS & TUBES 's p/e ratio for fiscal years ending Mar2024 to Mar2020 averaged 22.83x.
- RATNAMANI METALS & TUBES 's operated at median p/e ratio of 25.07x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATNAMANI METALS & TUBES 's p/e ratio peaked in Mar2024 at 31.38x.
- RATNAMANI METALS & TUBES 's p/e ratio hit its five-year low in Mar2020 of 9.15x.
How does RATNAMANI METALS & TUBES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?
Peer Comparison (Steel & Iron Products Industry) | Earnings-TTM (Cr) | PE Ratio | Market Cap |
---|---|---|---|
RATNAMANI METALS & TUBES | 531.53 | 34.50 | 18,337.5 |
JSW STEEL LTD | 3,478.00 | 74.29 | 258,374.0 |
TATA STEEL LTD | 2,376.45 | 81.24 | 193,057.0 |
JINDAL STAINLESS LTD | 2,426.03 | 20.02 | 48,561.2 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 28.71 | 49,029.3 |
APL APOLLO TUBES LTD | 634.39 | 68.31 | 43,336.9 |
MOTHERSON SUMI WIRING INDIA LTD | 632.37 | 35.72 | 22,587.4 |
SHYAM METALICS AND ENERGY LTD | 908.92 | 28.11 | 25,546.2 |
WELSPUN CORP LTD | 836.83 | 26.79 | 22,422.6 |
SARDA ENERGY & MINERALS LTD | 662.92 | 28.55 | 18,926.4 |
JINDAL SAW LTD | 1,831.36 | 9.48 | 17,365.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RATNAMANI METALS & TUBES 's P/E Ratio
Top 10 Industry Peers | PE Ratio |
---|---|
Min industry PE | 9.48x |
Max industry PE | 81.24x |
Median industry PE | 28.71x |
Average industry PE | 39.61x |
You may also like the below Video Courses