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RAMA STEEL TUBES
PE (Price/Earnings) Ratio

The Current P/E Ratio of RAMA STEEL TUBES is 60.93.

Share Price ₹5.2May 15,2026
Market Cap ₹857.3 Cr
Earnings-TTM₹14.1 CrTTM-Consolidated Results
Price/Earnings60.93xCalculated as Market Cap/Earnings
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Definition & Calculation of PE (Price/Earnings) ratio of RAMA STEEL TUBES

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 RAMA STEEL TUBES is calculated as :

Current Market Cap [ ₹857.3 Cr] as on May 15,2026

(/) Earnings [ ₹14.1 Cr] based on TTM-Consolidated Results

(=) P/E Ratio [ 60.93x ]

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

Thus, for RAMA STEEL TUBES , the investors are currently willing to pay 60.93 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 RAMA STEEL TUBES !

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 RAMA STEEL TUBES over the last five years.

Historical PE (Price/Earnings) ratio chart of RAMA STEEL TUBES


PE Ratio Performance Analysis for RAMA STEEL TUBES

- RAMA STEEL TUBES 's latest p/e ratio is 60.93x.

- RAMA STEEL TUBES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 31.45x.

- RAMA STEEL TUBES 's operated at median p/e ratio of 16.21x from fiscal years ending March 2018 to 2022.

- Looking back at the last 5 fiscal years, RAMA STEEL TUBES 's p/e ratio peaked in Mar2024 at 76.25x.

- RAMA STEEL TUBES 's p/e ratio hit its five-year low in Mar2022 of 0.26x.


How does RAMA STEEL TUBES 's P/E Ratio benchmark against top 10 peers in Steel & Iron Products Industry?

Peer Comparison (Steel & Iron Products Industry)Earnings-TTM (Cr)PE RatioMarket Cap
RAMA STEEL TUBES 14.0760.93857.3
JSW STEEL LTD25,983.0012.03312,639.0
TATA STEEL LTD8,810.4730.72270,641.0
JINDAL STAINLESS LTD3,167.8419.5361,856.2
STEEL AUTHORITY OF INDIA LTD2,449.8432.4379,450.6
APL APOLLO TUBES LTD1,203.1043.6352,495.5
MOTHERSON SUMI WIRING INDIA LTD625.1842.5426,593.0
SHYAM METALICS AND ENERGY LTD1,060.0723.1024,491.0
WELSPUN CORP LTD1,661.2720.7834,513.1
RATNAMANI METALS & TUBES LTD621.7230.3418,864.9
SARDA ENERGY & MINERALS LTD1,016.6818.8719,181.9

Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RAMA STEEL TUBES 's P/E Ratio

Top 10 Industry PeersPE Ratio
Min industry PE 12.03x
Max industry PE 60.93x
Median industry PE 30.34x
Average industry PE 30.45x



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