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Ratnamani Metals & Tubes Ltd P/E Ratio

Ratnamani Metals & Tubes Ltd P/E Ratio

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Ratnamani Metals & Tubes Ltd

NSE: RATNAMANI

PE

35.5

Last updated : 26 May 15:30 pm

Key Highlights

    The P/E Ratio of Ratnamani Metals & Tubes Ltd is 35.5 as of 26 May 15:30 pm .a1#The P/E Ratio of Ratnamani Metals & Tubes Ltd changed from 16.5 on March 2019 to 27.1 on March 2023 . This represents a CAGR of 10.43% over 5 years. a1#The Latest Trading Price of Ratnamani Metals & Tubes Ltd is ₹ 3308 as of 24 May 15:30 .a1#The PE Ratio of Steel Industry has changed from 10.4 to 20.3 in 5 years. This represents a CAGR of 14.31%a1# The PE Ratio of Automobile industry is 27.2. The PE Ratio of Finance industry is 13.6. The PE Ratio of IT - Software industry is 27.9. The PE Ratio of Retail industry is 153.5. The PE Ratio of Steel industry is 20.3. The PE Ratio of Textiles industry is 21.1. In 2023a1#The Market Cap of Ratnamani Metals & Tubes Ltd changed from ₹ 4178 crore on March 2019 to ₹ 13845 crore on March 2023 . This represents a CAGR of 27.08% over 5 years. a1#The Revenue of Ratnamani Metals & Tubes Ltd changed from ₹ 985.37 crore to ₹ 1534 crore over 8 quarters. This represents a CAGR of 24.79% a1#The EBITDA of Ratnamani Metals & Tubes Ltd changed from ₹ 139.48 crore to ₹ 284.48 crore over 8 quarters. This represents a CAGR of 42.81% a1#The Net Profit of Ratnamani Metals & Tubes Ltd changed from ₹ 86.83 crore to ₹ 193.12 crore over 8 quarters. This represents a CAGR of 49.13% a1#The Dividend Payout of Ratnamani Metals & Tubes Ltd changed from 16.64 % on March 2019 to 16.36 % on March 2023 . This represents a CAGR of -0.34% over 5 years. a1#

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P/E Ratio Over Time

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share. P/E Ratio Formula P/E ratio = (CMP of share/ Earning per share) Types of Price to Earning Ratio 1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance. 2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

P/E Ratio Over Time

Period
Mar '1916.5
Mar '2013.7
Mar '2132.2
Mar '2237.6
Mar '2327.1

Fundamental Metrics

Market Cap

23,186 Cr

EPS

88.8

P/E Ratio (TTM) *

35.5

P/B Ratio (TTM) *

7.8

Day’s High

3371.0

Day’s Low

3290.75

DTE *

0.1

ROE *

22.1

52 Week High

3923.95

52 Week Low

2258.65

ROCE *

28.6

* All values are consolidated

* All values are consolidated

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Ratnamani Metals & Tubes Ltd

NSE: RATNAMANI

PRICE

3308.05

-7.10(-0.21%)

stock direction

Last updated : 24 May 15:30

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PRICE

The current market price or CMP refers to the price at which the securities are trading in the share market. Current price in Over-the-counter costs: The following current price depends upon the bid price & the asking price when a financial asset is sold over-the-counter(OTC). Current Price in Bond Market: The current price of a bond is determined by measuring the actual interest rate against the bid-related interest rate. The par or the face value is then calculated to represent the remaining interest payments due which occur before the maturity of the bond.

Share price Over Time

1M

1Y

3Y

5Y

* All values are in Rupees

SWOT Analysis Of Ratnamani Metals & Tubes Ltd

Strength

1

S

Weakness

4

W

Opportunity

0

O

Threats

1

T

BlinkX Score for Ratnamani Metals & Tubes Ltd

Revenue

Profitability

Affordability

Liquidity

Dividend

Asset Value vs Market Value

Market Value

22,111

Asset Value

2,404

8.2 X

Value addition

* All values are in Rupees

PE Ratio Over Market Cap

Key Valuation Metric

Earnings

622 Cr

35.5 X

PE Ratio

Market Cap

₹22111Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio

PS Ratio

PB Ratio

Earnings

622 Cr

35.5 X

PE Ratio

Market Cap

₹22111Cr

PE Ratio

PS Ratio

PB Ratio

The price-to-earnings ratio (P/E ratio) is a valuation measure calculated by dividing a company's current share price by its earnings per share.


P/E Ratio Formula


P/E ratio = (CMP of share/ Earning per share)


Types of Price to Earning Ratio


1. Forward P/E ratio: It is calculated by simply dividing the price of a single unit of a company along with the estimated earnings of a company derived from its future earning guidance.
2. Trailing P/E ratio: It is the most common metric used by investors where past earnings of a company over a period are considered.

PE Ratio of Steel Industry over time

PE Ratio of Top Sectors

Ratnamani Metals & Tubes Ltd PE Ratio Calculation

  • The Price-to-Earnings (PE) ratio, also known as the P/E Ratio, is a fundamental financial metric used to assess the valuation of a company's stock in relation to its earnings performance. For Ratnamani Metals & Tubes Ltd, the PE Ratio is calculated as follows:

P/E Ratio

=

Market Capitalization

Net Income

  • Given the current market conditions, Ratnamani Metals & Tubes Ltd's Share Price stands at 3308.05. The Earnings per Share (Diluted) for the trailing twelve months (TTM) ending in 2024-05-24T00:00:00 is 88.77. Substituting the values into the formula, PE Ratio becomes as follows: PE Ratio = 3308.05/ 88.77= 35.54.

P/E Ratio

=

Stock Price

Earning Per Share

  • This indicates that Ratnamani Metals & Tubes Ltd's stock is trading at approximately 35.54 times its earnings per share for the trailing twelve months. Alternatively, the PE Ratio can also be computed using the company's overall financial performance: PE Ratio = Market Cap / Net Income. Where Market Cap represents the total market capitalization of the company, and Net Income signifies the total earnings after expenses and taxes.

Understanding Ratnamani Metals & Tubes Ltd’s PE Ratio (BSE: RATNAMANI)

    The Price-to-Earnings (PE) ratio, used to assess Ratnamani Metals & Tubes Ltd's stock (BSE: RATNAMANI), indicates how many years it would take for the company to earn back the stock price. If a company earns ₹2 per share annually and its stock trades at ₹30, the PE ratio is 15, signifying a 15-year payback period assuming steady earnings. Earnings fluctuate, affecting the payback period, Growing earnings shorten the recovery time while declining earnings extend it. Shareholders favor shorter payback periods, preferring lower PE stocks. Among stocks with the same PE ratio, faster-growing businesses are preferred. A company with losses makes the PE ratio meaningless. Peter Lynch introduced the PEG ratio to compare stocks with different growth rates, dividing the PE ratio by the growth rate. A company is considered fairly valued when its PE ratio matches its growth rate. The PE ratio, applicable across industries, measures stock valuation based on earnings power. It indicates how quickly an investment can be recouped. Unlike the PB ratio, which assesses valuation based on the balance sheet, the PE ratio focuses on earnings. Overall, the PE ratio provides insights into stock valuation, aligning with investors' preference for faster returns.

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Market Cap Over Time

Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore

Market Cap Over Time

Period
Mar '194178
Mar '204222
Mar '218878
Mar '2212135
Mar '2313845

* All values are a in crore

×

Revenue Over Time

Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.

Revenue Over Time

Period
Jun '22985
Sep '22910
Dec '221106
Mar '221506
Jun '231183
Sep '231142
Dec '231272
Mar '231535

* All values are a in crore

×

EBITDA Over Time

PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.

EBITDA Over Time

Period
Jun '22139
Sep '22155
Dec '22206
Mar '22307
Jun '23215
Sep '23256
Dec '23216
Mar '23284

* All values are a in crore

×

Net Profit Over Time

Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue

Net Profit Over Time

Period
Jun '2287
Sep '2299
Dec '22134
Mar '22193
Jun '23135
Sep '23164
Dec '23133
Mar '23193

* All values are a in crore

×

Dividend Payout Over Time

Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.

Dividend Payout Over Time

Period
Mar '1917
Mar '2018
Mar '2124
Mar '2220
Mar '2316

* All values are a in %

About Ratnamani Metals & Tubes Ltd

About Ratnamani Metals & Tubes Ltd

    It manufactures stainless steel pipes and tubes and carbon steel pipes at Kutch, Indrad and Chhatral in Gujarat. It caters to customers in domestic as well as overseas markets across AsiaPacific, Europe, Middle East and America. In 2006, the company had obtained API Spec 5L approval for Kutch plant and in 2007, Kutch plants granted status of Well Known Pipe Maker by Central Boilers Board. During the same year of 2007, RMTL became a Green Power Company by using 100% green power and awarded Export Trading House status by DGFT.

Ratnamani Metals & Tubes Ltd News Hub

News

Board of Ratnamani Metals & Tubes recommends final dividend

Ratnamani Metals & Tubes announced that the Board of Directors of the Company at its meeti...

Read more

17 May 2024 09:56

News

Ratnamani Metals & Tubes schedules AGM

Ratnamani Metals & Tubes announced that the 40th Annual General Meeting(AGM) of the compan...

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17 May 2024 09:56

News

Ratnamani Metals gains as Q4 PAT rises to Rs 192 cr

Revenue from operations stood at Rs 1,495.70 crore in the March 2024 quarter, registering ...

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17 May 2024 14:58

News

Ratnamani Metals & Tubes Ltd gains for third straight session

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

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14 May 2024 13:05

News

Ratnamani Metals & Tubes to table results

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

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08 May 2024 16:09

News

Ratnamani Metals & Tubes incorporates WoS in Abu Dhabi

Ratnamani Metals & Tubes has incorporated a wholly owned subsidiary company in form of sol...

Read more

17 Apr 2024 16:49

Product Composition by Percentage (Revenue)

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FAQs for PE of Ratnamani Metals & Tubes Ltd

What is Ratnamani Metals & Tubes Ltd current share price?

The current market price of Ratnamani Metals & Tubes Ltd as of May 26, 2024 is ₹3308.05.

Is Ratnamani Metals & Tubes Ltd a good investment?

As per BlinkX Score Ratnamani Metals & Tubes Ltd scores 44 in Revenue, 38 in Profitability. However it's advisable to conduct comprehensive research or seek advice from experts to evaluate whether it aligns with your investment objectives.

What are Ratnamani Metals & Tubes Ltd's total net assets?

According to Ratnamani Metals & Tubes Ltd's most recent financial filings, the company's net assets total ₹2403.7 Cr.

Is Ratnamani Metals & Tubes Ltd making a profit or loss?

Ratnamani Metals & Tubes Ltd's net Profit as of May 26, 2024 is close to ₹622 Cr.
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