RATNAMANI METALS & TUBES
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The Current P/E Ratio of RATNAMANI METALS & TUBES is 32.60.
| Share Price | ₹2,485.7 | Jul 02,2026 |
| Market Cap | ₹17,424.8 Cr | |
| Earnings-TTM | ₹534.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 32.60x | Calculated as Market Cap/Earnings |
|---|---|---|
| Explore Stock Analytics | ||
Definition & Calculation of PE (Price/Earnings) ratio of RATNAMANI METALS & TUBES
P/E =
Market Capitalization
/ Net Income
or, using per-share numbers:
P/E = Stock Price /
Earnings Per Share (EPS)
Current Market Cap [ ₹17,424.8 Cr] as on Jul 02,2026
(/) Earnings [ ₹534.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 32.60x ]
Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay 32.60 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 RATNAMANI METALS & 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 RATNAMANI METALS & TUBES over the last five years.
Historical PE (Price/Earnings) ratio chart of RATNAMANI METALS & TUBES
PE Ratio Performance Analysis for RATNAMANI METALS & TUBES
- RATNAMANI METALS & TUBES 's p/e ratio for fiscal years ending Mar2025 to Mar2021 averaged 27.65x.
- RATNAMANI METALS & TUBES 's operated at median p/e ratio of 27.12x from fiscal years ending March 2018 to 2022.
- Looking back at the last 5 fiscal years, RATNAMANI METALS & TUBES 's p/e ratio peaked in Mar2025 at 33.24x.
- RATNAMANI METALS & TUBES 's p/e ratio hit its five-year low in Mar2021 of 21.44x.
How does RATNAMANI METALS & 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 Ratio | Market Cap |
|---|---|---|---|
| RATNAMANI METALS & TUBES | 534.47 | 32.60 | 17,424.8 |
| JSW STEEL LTD | 25,983.00 | 11.52 | 299,238.0 |
| TATA STEEL LTD | 10,517.30 | 22.21 | 233,628.0 |
| STEEL AUTHORITY OF INDIA LTD | 2,947.41 | 23.54 | 69,392.8 |
| JINDAL STAINLESS LTD | 3,167.84 | 18.02 | 57,091.1 |
| APL APOLLO TUBES LTD | 1,203.10 | 41.28 | 49,664.8 |
| WELSPUN CORP LTD | 1,278.15 | 30.94 | 39,548.8 |
| SHYAM METALICS AND ENERGY LTD | 1,060.07 | 25.35 | 26,872.0 |
| GODAWARI POWER AND ISPAT LTD | 795.55 | 21.66 | 17,234.7 |
| SARDA ENERGY & MINERALS LTD | 1,063.31 | 16.60 | 17,650.8 |
| GALLANTT ISPAT LTD | 484.27 | 33.91 | 16,422.8 |
Steel & Iron Products Industry Benchmark (Top 10) PE Analysis vs RATNAMANI METALS & TUBES 's P/E Ratio
| Top 10 Industry Peers | PE Ratio |
|---|---|
| Min industry PE | 11.52x |
| Max industry PE | 41.28x |
| Median industry PE | 23.54x |
| Average industry PE | 25.24x |
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