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Rama Steel Tubes Ltd PB Ratio

Rama Steel Tubes Ltd PB Ratio

stocks purchased

₹ 1.3 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

929.1 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Rama Steel Tubes Ltd

NSE: RAMASTEEL

PB

4.8

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Rama Steel Tubes Ltd is 4.8 as of 07 Nov 24.
  • The P/B Ratio of Rama Steel Tubes Ltd changed from 4.2 on March 2022 to 6.7 on March 2024 . This represents a CAGR of 16.84% over 3 years. .

Historical P/B Ratio of Rama Steel Tubes Ltd

No data available

Company Fundamentals for Rama Steel Tubes Ltd

Market Cap

2,160 Cr

EPS

0.2

P/E Ratio (TTM) *

73.2

P/B Ratio (TTM) *

4.8

Day’s High *

14.0

Day’s Low

13.53

DTE *

0.4

ROE *

8.7

52 Week High

17.51

52 Week Low

9.91

ROCE *

12.2

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring Rama Steel Tubes 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 202413.9
06 Nov 202413.75
05 Nov 202413.44
04 Nov 202413.32
01 Nov 202414.04
31 Oct 202413.64
30 Oct 202413.58
29 Oct 202412.35
28 Oct 202412.1
25 Oct 202411.93

SWOT Analysis Of Rama Steel Tubes Ltd

Strength

2

S

Weakness

4

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Rama Steel Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Rama Steel Tubes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Rama Steel Tubes Ltd42,160
JSW Steel Ltd3192,42,112
Tata Steel Ltd1121,88,376
Jindal Steel & Power Ltd47496,602
Tube Investments of India Ltd21777,000
Jindal Stainless Ltd17759,514

Key Valuation Metric of Rama Steel Tubes Ltd

Share Price

₹14

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 Rama Steel Tubes Ltd

No data available

* All values are in crore

Historical Revenue of Rama Steel Tubes Ltd

No data available

* All values are in crore

Historical EBITDA of Rama Steel Tubes Ltd

No data available

* All values are in crore

Historical Net Profit of Rama Steel Tubes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Rama Steel Tubes Ltd News Hub

News

Rama Steel records 42% YoY rise in Q2 steel sales volume

On a sequential basis, the volume is higher by 36%. Sales volume for Q1 FY25 were 37,365.5...

Read more

07 Oct 202414:14

News

Rama Steel Tubes reduces sanctioned loans limits by Rs 223.27 cr

Rama Steel Tubes has reduced its total sanctioned Bank Loans Limits by Rs 13.27 crore in i...

Read more

20 Sep 202419:06

News

Rama Steel Tubes Ltd leads losers in 'B' group

Shubham Polyspin Ltd, United Drilling Tools Ltd, GIC Housing Finance Ltd and Indraprastha ...

Read more

09 Sep 202414:45

News

Rama Steel Tubes to conduct AGM

Rama Steel Tubes announced that the 50th Annual General Meeting (AGM) of the company will ...

Read more

09 Sep 202417:37

News

Rama Steel Tubes Ltd leads gainers in 'B' group

NRB Industrial Bearings Ltd, Premier Energies Ltd, Vishal Bearings Ltd and Surana Solar Lt...

Read more

06 Sep 202412:15

News

Rama Steel Tubes climbs 54% in three days

Shares of the Rama Steel Tubes soared 54.28% in three trading sessions from its recent clo...

Read more

06 Sep 202412:59

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Annual Reports

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Concalls

Data not available

FAQs for PB Ratio of Rama Steel Tubes Ltd

What is the PB ratio of Rama Steel Tubes Ltd?

The current PB ratio of Rama Steel Tubes Ltd is 4.84. 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 Rama Steel Tubes Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for Rama Steel Tubes 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 Rama Steel Tubes Ltd calculated?

The PB ratio of Rama Steel Tubes 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 Rama Steel Tubes Ltd?

A high PB ratio suggests that Rama Steel Tubes 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 Rama Steel Tubes Ltd?

A low PB ratio of Rama Steel Tubes Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can Rama Steel Tubes Ltd PB Ratio change over time?

Yes, the PB ratio of Rama Steel Tubes 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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