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Ram Ratna Wires Ltd PB Ratio

Ram Ratna Wires Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

1.1 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 07, 2024

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Ram Ratna Wires Ltd

NSE: RAMRAT

PB

6.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ram Ratna Wires Ltd is 6.2 as of 07 Nov 24.
  • The P/B Ratio of Ram Ratna Wires Ltd changed from 1.6 on March 2022 to 2.7 on March 2024 . This represents a CAGR of 19.06% over 3 years. .

Historical P/B Ratio of Ram Ratna Wires Ltd

No data available

Company Fundamentals for Ram Ratna Wires Ltd

Market Cap

2,653 Cr

EPS

13.6

P/E Ratio (TTM) *

44.4

P/B Ratio (TTM) *

6.2

Day’s High *

616.05

Day’s Low

600.6

DTE *

0.5

ROE *

14.0

52 Week High

758.0

52 Week Low

244.95

ROCE *

19.6

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Ram Ratna Wires Ltd share price can help you stay informed about potential market shifts and opportunities. *All values are in Rupees.

Last Ten Days Market Price

Date
leftPrice (₹)right
07 Nov 2024603.15
06 Nov 2024608.45
05 Nov 2024604.3
04 Nov 2024593.5
01 Nov 2024617.5
31 Oct 2024593.75
30 Oct 2024580.45
29 Oct 2024562.3
28 Oct 2024552.4
25 Oct 2024539.8

SWOT Analysis Of Ram Ratna Wires Ltd

Strength

2

S

Weakness

2

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Ram Ratna Wires Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ram Ratna Wires Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ram Ratna Wires Ltd62,653
Hindustan Zinc Ltd182,14,498
Hindalco Industries Ltd2831,45,698
National Aluminium Company Ltd7943,813
Hindustan Copper Ltd2328,165
Gravita India Ltd7315,880

Key Valuation Metric of Ram Ratna Wires Ltd

Share Price

₹603

PB Ratio

The price-to-book (P/B) ratio compares a company's market capitalization to its book value by dividing its stock price per share by its book value per share.


How to calculate Price-to-Book (P/B) Ratio?

The Price-to-Book Ratio is used to determine the relationship between the total value of a company's outstanding shares and the net value of its assets. Before calculating the P/B ratio, investors need to overlook the market capitalization of a company.


Market capitalization = market value of a stock X no. of outstanding shares


Now, you need to know the net value of an organization's assets.

Book Value of Assets = Total Assets - Total Liabilities of a company


After knowing the value of the above ratios, here is the formula for the P/B Ratio:

P/B Ratio = Market Capitalization/ Book Value of Assets


or you can also use this formula

P/B ratio = Market Price Per Share/ Book Value of Asset Per Share

Historical Market Cap of Ram Ratna Wires Ltd

No data available

* All values are in crore

Historical Revenue of Ram Ratna Wires Ltd

No data available

* All values are in crore

Historical EBITDA of Ram Ratna Wires Ltd

No data available

* All values are in crore

Historical Net Profit of Ram Ratna Wires Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ram Ratna Wires Ltd News Hub

News

Ram Ratna Wires gains after Q2 PAT jumps 18% YoY to Rs 17 cr

Profit before tax (PBT) stood at Rs 21.60 crore in Q2 FY25, down 4.93% as against Rs 22.72...

Read more

29 Oct 202416:07

News

Ram Ratna Wires to hold board meeting

Ram Ratna Wires will hold a meeting of the Board of Directors of the Company on 28 October...

Read more

24 Oct 202418:21

News

Ram Ratna Wires reschedules AGM date

Ram Ratna Wires has revised the Annual General Meeting of the company which was scheduled ...

Read more

07 Aug 202414:13

News

Ram Ratna Wires to declare Quarterly Result

Ram Ratna Wires will hold a meeting of the Board of Directors of the Company on 2 August 2...

Read more

25 Jul 202411:11

News

Board of Ram Ratna Wires recommends final dividend

Ram Ratna Wires announced that the Board of Directors of the Company at its meeting held o...

Read more

14 May 202413:45

News

Ram Ratna Wires to conduct AGM

Ram Ratna Wires announced that the 32th Annual General Meeting(AGM) of the company will be...

Read more

14 May 202413:45

Document

Annual Reports

N/A

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Credit Ratings

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Concalls

Data not available

FAQs for PB Ratio of Ram Ratna Wires Ltd

What is the PB ratio of Ram Ratna Wires Ltd?

The current PB ratio of Ram Ratna Wires Ltd is 6.22. The Price-to-Book value (P/B) ratio compares a company's current share price to its book value per share. It helps assess whether a stock is overvalued or undervalued relative to its net asset value.

What is the ideal PB ratio to buy Ram Ratna Wires Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Ram Ratna Wires Ltd. Some investors and financial analysts may also consider any value under 3.0 as a good PB ratio.

How is the PB Ratio of Ram Ratna Wires Ltd calculated?

The PB ratio of Ram Ratna Wires Ltd is calculated by dividing the current share price by the book value per share. The book value per share is determined by dividing the company’s total net assets (assets minus liabilities) by the number of outstanding shares. This ratio helps evaluate how the market values the company's assets.

What does a high PB Ratio mean for Ram Ratna Wires Ltd?

A high PB ratio suggests that Ram Ratna Wires Ltd’s stock may be overvalued relative to its book value or that investors expect high growth.

What does a low PB Ratio indicate for Ram Ratna Wires Ltd?

A low PB ratio of Ram Ratna Wires Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Ram Ratna Wires Ltd PB Ratio change over time?

Yes, the PB ratio of Ram Ratna Wires Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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