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Ratnamani Metals & Tubes Ltd PB Ratio

Ratnamani Metals & Tubes Ltd PB Ratio

stocks purchased

₹ 0.1 Cr

Volume Transacted

(Nov 8, 2024)

stocks purchased

0.3 K

Stocks Traded

(Nov 8, 2024)

Last Updated on: Nov 08, 2024

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Ratnamani Metals & Tubes Ltd

NSE: RATNAMANI

PB

8.2

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of Ratnamani Metals & Tubes Ltd is 8.2 as of 07 Nov 24.
  • The P/B Ratio of Ratnamani Metals & Tubes Ltd changed from 5.4 on March 2022 to 6.2 on March 2024 . This represents a CAGR of 4.71% over 3 years. .

Historical P/B Ratio of Ratnamani Metals & Tubes Ltd

No data available

Company Fundamentals for Ratnamani Metals & Tubes Ltd

Market Cap

25,715 Cr

EPS

84.8

P/E Ratio (TTM) *

43.3

P/B Ratio (TTM) *

8.2

Day’s High *

3682.15

Day’s Low

3629.9

DTE *

0.0

ROE *

19.8

52 Week High

3971.8

52 Week Low

2580.75

ROCE *

25.7

Market Price Over Time

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
07 Nov 20243668.8
06 Nov 20243683.2
05 Nov 20243664.7
04 Nov 20243695.35
01 Nov 20243631.3
31 Oct 20243672.4
30 Oct 20243648.35
29 Oct 20243542.65
28 Oct 20243516.85
25 Oct 20243448.8

SWOT Analysis Of Ratnamani Metals & Tubes Ltd

Strength

3

S

Weakness

3

W

Opportunity

0

O

Threats

0

T

BlinkX Score for Ratnamani Metals & Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of Ratnamani Metals & Tubes Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
Ratnamani Metals & Tubes Ltd825,715
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 Ratnamani Metals & Tubes Ltd

Share Price

₹3,639

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 Ratnamani Metals & Tubes Ltd

No data available

* All values are in crore

Historical Revenue of Ratnamani Metals & Tubes Ltd

No data available

* All values are in crore

Historical EBITDA of Ratnamani Metals & Tubes Ltd

No data available

* All values are in crore

Historical Net Profit of Ratnamani Metals & Tubes Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

Ratnamani Metals & Tubes Ltd News Hub

News

Ratnamani Metals & Tubes to conduct board meeting

Ratnamani Metals & Tubes will hold a meeting of the Board of Directors of the Company on 1...

Read more

04 Nov 202416:20

News

Ratnamani Metals & Tubes Ltd up for fifth session

Ratnamani Metals & Tubes Ltd is up for a fifth straight session in a row. The stock is quo...

Read more

12 Sep 202413:00

News

Ratnamani Metals & Tubes Ltd soars 0.59%, rises for fifth straight session

Ratnamani Metals & Tubes Ltd gained for a fifth straight session today. The stock is quoti...

Read more

30 Aug 202413:00

News

Ratnamani Metals & Tubes to conduct board meeting

Ratnamani Metals & Tubes will hold a meeting of the Board of Directors of the Company on 1...

Read more

06 Aug 202416:23

News

Ratnamani Metals & Tubes issue corporate guarantee of up to Rs 50 cr on behalf of subsidiary

Ratnamani Metals & Tubes has issued a Corporate Guarantee to the extent not exceeding Rs 5...

Read more

05 Aug 202418:15

News

Ratnamani Metals & Tubes Ltd spurts 1.68%, gains for third straight session

Ratnamani Metals & Tubes Ltd is up for a third straight session in a row. The stock is quo...

Read more

01 Jul 202413:05

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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 8.19. 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.
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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