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RAM RATNA WIRES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAM RATNA WIRES is 31.37.

Share Price ₹448.4Jul 31,2026
Market Cap ₹4,183.6 Cr
Earnings-TTM₹133.4 CrTTM-Consolidated Results
Price/Earnings31.37xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAM RATNA WIRES

Price-to-Earnings ratio, P/E Multiple, or P/E Ratio is an important valuation multiple that is defined as:

P/E = Market Capitalization / Net Income

or, using per-share numbers:

P/E = Stock Price / Earnings Per Share (EPS)

Applying the above formula, P/E ratio of RAM RATNA WIRES is calculated as :

Current Market Cap [ ₹4,183.6 Cr] as on Jul 31,2026

(/) Earnings [ ₹133.4 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 31.37x ]

P/E Ratio indicates the multiple of earnings investors are willing to pay to own one share of the company.

Thus, for RAM RATNA WIRES , the investors are currently willing to pay 31.37 times earnings to own 1 share of the company.

PE Multiples are the most widely used valuation multiple in practice.

Since P/E ratio uses Net Income in the calculation, P/E multiples are not always reliable for valuing companies with negative earnings.

In such cases, you may consider using Price to Book ratio or Price to Sales ratio of RAM RATNA WIRES !

P/E ratios, also, would not adjust for differences in the capital structure between companies.

The chart below summarizes the trend in P/E Ratio of RAM RATNA WIRES over the last five years.

Historical PE (Price/Earnings) ratio chart of RAM RATNA WIRES


PE Ratio Performance Analysis for RAM RATNA WIRES

- RAM RATNA WIRES 's latest p/e ratio is 31.37x.

- RAM RATNA WIRES 's p/e ratio for fiscal years ending Mar2026 to Mar2022 averaged 16.40x.

- RAM RATNA WIRES 's operated at median p/e ratio of 17.06x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAM RATNA WIRES 's p/e ratio peaked in Mar2026 at 25.19x.

- RAM RATNA WIRES 's p/e ratio hit its five-year low in Mar2022 of 4.17x.


How does RAM RATNA WIRES 's P/E Ratio benchmark against top 10 peers in Electric Equipment Industry?

Peer Comparison (Electric Equipment Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAM RATNA WIRES 133.3631.374,183.6
HITACHI ENERGY INDIA LTD987.84145.21143,440.0
ABB INDIA LTD1,555.1899.28154,395.0
CG POWER AND INDUSTRIAL SOLUTIONS LTD1,238.14109.82135,974.0
SIEMENS LTD1,284.80104.19133,860.0
GE VERNOVA T&D INDIA LTD1,233.2589.74110,674.0
WAAREE ENERGIES LTD4,003.1319.2477,033.0
HAVELLS INDIA LTD1,601.6549.4179,138.7
SUZLON ENERGY LTD3,144.2920.9865,970.3
APAR INDUSTRIES LTD1,181.1848.8657,718.1
SCHNEIDER ELECTRIC INFRASTRUCTURE LTD212.56152.6732,452.4

Electric Equipment Industry Benchmark (Top 10) PE Analysis vs RAM RATNA WIRES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 19.24x
Max industry PE 152.67x
Median industry PE 89.74x
Average industry PE 79.16x



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