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Ram Ratna Wires Ltd PB Ratio

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Ram Ratna Wires Ltd

NSE: RAMRAT

PB

6.1

Last updated on: 22 Nov 24

Key Highlights

  • The latest PB Ratio of Ram Ratna Wires Ltd is 6.1.
  • The PB ratio of the Ram Ratna Wires Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ram Ratna Wires Ltd changed from 1.2 on March 2019 to 2.7 on March 2024 . This represents a CAGR of 14.47% over 6 years.

Historical P/B Ratio of Ram Ratna Wires Ltd

No data available

Company Fundamentals for Ram Ratna Wires Ltd

Market Cap

2,613 Cr

EPS

13.6

P/E Ratio (TTM)

43.7

P/B Ratio (TTM)

6.1

Day’s High

595.75

Day’s Low

580.0

DTE

0.5

ROE

14.0

52 Week High

758.0

52 Week Low

244.95

ROCE

19.6

Market Price of Ram Ratna Wires Ltd

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
22 Nov 2024594.05
21 Nov 2024582.5
19 Nov 2024594.05
18 Nov 2024579.25
14 Nov 2024591.5

SWOT Analysis Of Ram Ratna Wires Ltd

Strength

2

che

Weakness

2

che

Opportunity

0

che

Threats

1

che

BlinkX Score for Ram Ratna Wires Ltd

Asset Value vs Market Value of Ram Ratna Wires Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Competitive Comparison of P/B Ratio

Company
leftPBright
Ram Ratna Wires Ltd6.13
Hindustan Zinc Ltd18.1
Hindalco Industries Ltd303.0
National Aluminium Company Ltd86.3
Hindustan Copper Ltd24.9

Historical Market Cap of Ram Ratna Wires Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ram Ratna Wires Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

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 6.13. 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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