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PB Ratio of Ratnamani Metals & Tubes Ltd

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Ratnamani Metals & Tubes Ltd

NSE: RATNAMANI

PB Ratio

7

Last updated on: Dec 20, 2024

Key Highlights

  • The latest PB Ratio of Ratnamani Metals & Tubes Ltd is 7.
  • The PB ratio of the Ratnamani Metals & Tubes Ltd is above 3 which indicates that the stock is overvalued but this is common in high-growing sectors.
  • The P/B Ratio of Ratnamani Metals & Tubes Ltd changed from 2.7 on March 2019 to 6.2 on March 2024 . This represents a CAGR of 14.86% over 6 years.

Historical P/B Ratio of Ratnamani Metals & Tubes Ltd

No data available

Company Fundamentals for Ratnamani Metals & Tubes Ltd

Market Cap

23,074 Cr

EPS

75.7

P/E Ratio (TTM)

43.5

P/B Ratio (TTM)

7.0

Day’s High

3400.0

Day’s Low

3277.5

DTE

0.1

ROE

16.1

52 Week High

3971.8

52 Week Low

2580.75

ROCE

20.5

Market Price of Ratnamani Metals & Tubes Ltd

1M

1Y

3Y

5Y

Monitoring Ratnamani Metals & 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
20 Dec 20243292.1
19 Dec 20243317.9
18 Dec 20243366.6
17 Dec 20243317.45
16 Dec 20243376.65

SWOT Analysis Of Ratnamani Metals & Tubes Ltd

Strength

3

che

Weakness

3

che

Opportunity

0

che

Threats

0

che

BlinkX Score for Ratnamani Metals & Tubes Ltd

Asset Value vs Market Value of Ratnamani Metals & Tubes Ltd

Market Value

0

Asset Value

0

* All values are in ₹ crores

Historical Market Cap of Ratnamani Metals & Tubes Ltd

Market Cap

No data available

* All values are in crore

Historical Revenue, EBITDA and Net Profit of Ratnamani Metals & Tubes Ltd

Revenue

EBITDA

Net Profit

No data available

* All values are in crore

FAQs for PB Ratio of Ratnamani Metals & Tubes Ltd

What is the PB ratio of Ratnamani Metals & Tubes Ltd?

The current PB ratio of Ratnamani Metals & Tubes Ltd is 7.01. 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 Ratnamani Metals & Tubes Ltd stocks?

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

The PB ratio of Ratnamani Metals & 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 Ratnamani Metals & Tubes Ltd?

A high PB ratio suggests that Ratnamani Metals & 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 Ratnamani Metals & Tubes Ltd?

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

Can Ratnamani Metals & Tubes Ltd PB Ratio change over time?

Yes, the PB ratio of Ratnamani Metals & Tubes Ltd can change over time due to fluctuations in the company’s stock price and changes in its book value.
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