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The Ramco Cements Ltd PB Ratio

The Ramco Cements Ltd PB Ratio

stocks purchased

₹ 0.9 Cr

Volume Transacted

(Nov 7, 2024)

stocks purchased

10.5 K

Stocks Traded

(Nov 7, 2024)

Last Updated on: Nov 08, 2024

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The Ramco Cements Ltd

NSE: RAMCOCEM

PB

2.9

Last updated on: Nov 07, 2024

Key Highlights

  • The P/B Ratio of The Ramco Cements Ltd is 2.9 as of 07 Nov 24.
  • The P/B Ratio of The Ramco Cements Ltd changed from 2.8 on March 2022 to 2.7 on March 2024 . This represents a CAGR of -1.20% over 3 years. .

Historical P/B Ratio of The Ramco Cements Ltd

No data available

Company Fundamentals for The Ramco Cements Ltd

Market Cap

20,703 Cr

EPS

13.7

P/E Ratio (TTM) *

64.1

P/B Ratio (TTM) *

2.9

Day’s High *

885.0

Day’s Low

868.8

DTE *

0.7

ROE *

5.0

52 Week High

1057.85

52 Week Low

700.0

ROCE *

7.9

Market Price Over Time

1M

1Y

3Y

5Y

Monitoring The Ramco Cements 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 2024876.2
06 Nov 2024881.5
05 Nov 2024874
04 Nov 2024877.7
01 Nov 2024891.45
31 Oct 2024887.6
30 Oct 2024882.5
29 Oct 2024863.9
28 Oct 2024857.25
25 Oct 2024851.65

SWOT Analysis Of The Ramco Cements Ltd

Strength

2

S

Weakness

1

W

Opportunity

0

O

Threats

0

T

BlinkX Score for The Ramco Cements Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value of The Ramco Cements Ltd

Market Value

0

Asset Value

0

* All values are in Rupees

Competitive Comparison of P/B Ratio

Company NamePBMarket Cap (INR Cr.)
The Ramco Cements Ltd220,703
UltraTech Cement Ltd20853,19,471
Ambuja Cements Ltd1861,40,521
Shree Cement Ltd564989,353
ACC Ltd87643,571
Dalmia Bharat Ltd42933,686

Key Valuation Metric of The Ramco Cements Ltd

Share Price

₹876

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 The Ramco Cements Ltd

No data available

* All values are in crore

Historical Revenue of The Ramco Cements Ltd

No data available

* All values are in crore

Historical EBITDA of The Ramco Cements Ltd

No data available

* All values are in crore

Historical Net Profit of The Ramco Cements Ltd

No data available

* All values are in crore

Dividend Payout Over Time

No data available

The Ramco Cements Ltd News Hub

News

The Ramco Cements to convene board meeting

The Ramco Cements will hold a meeting of the Board of Directors of the Company on 11 Novem...

Read more

02 Nov 202412:57

News

The Ramco Cements to convene board meeting

The Ramco Cements will hold a meeting of the Board of Directors of the Company on 25 July ...

Read more

04 Jul 202409:27

News

Board of The Ramco Cements recommends final dividend

The Ramco Cements announced that the Board of Directors of the Company at its meeting held...

Read more

23 May 202410:59

News

The Ramco Cements to hold AGM

The Ramco Cements announced that the Annual General Meeting(AGM) of the company will be he...

Read more

23 May 202410:59

News

The Ramco Cements to hold board meeting

The Ramco Cements will hold a meeting of the Board of Directors of the Company on 22 May 2...

Read more

09 May 202413:51

News

PM inaugurates Gati Shakti Cargo Terminal project of Ramco Cement

TheHonourable Prime Minister Narendra Modi today virtually inaugurated the Gati Shakti Car...

Read more

12 Mar 202415:44

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FAQs for PB Ratio of The Ramco Cements Ltd

What is the PB ratio of The Ramco Cements Ltd?

The current PB ratio of The Ramco Cements Ltd is 2.86. 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 The Ramco Cements Ltd stocks?

An ideal PB ratio varies by industry; however, a PB ratio below 1.0 may indicate a good buying opportunity for The Ramco Cements 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 The Ramco Cements Ltd calculated?

The PB ratio of The Ramco Cements 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 The Ramco Cements Ltd?

A high PB ratio suggests that The Ramco Cements 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 The Ramco Cements Ltd?

A low PB ratio of The Ramco Cements Ltd may indicate that the stock is undervalued or it is facing financial difficulties.

Can The Ramco Cements Ltd PB Ratio change over time?

Yes, the PB ratio of The Ramco Cements 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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