RATNAMANI METALS & TUBES
|
The Current P/E Ratio of RATNAMANI METALS & TUBES is 34.32.
Share Price | ₹2,651.2 | Jul 31,2025 |
Market Cap | ₹18,584.6 Cr | |
Earnings-TTM | ₹541.6 Cr | TTM-Consolidated Results |
Price/Earnings | 34.32x | 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 [ ₹18,584.6 Cr] as on Jul 31,2025
(/) Earnings [ ₹541.6 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.32x ]
Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay 34.32 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 Mar2024 to Mar2020 averaged 22.83x.
- RATNAMANI METALS & TUBES 's operated at median p/e ratio of 25.07x 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 Mar2024 at 31.38x.
- RATNAMANI METALS & TUBES 's p/e ratio hit its five-year low in Mar2020 of 9.15x.
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 | 541.57 | 34.32 | 18,584.6 |
JSW STEEL LTD | 5,232.00 | 48.97 | 256,186.0 |
TATA STEEL LTD | 4,084.55 | 48.23 | 196,989.0 |
JINDAL STAINLESS LTD | 2,543.42 | 22.49 | 57,194.3 |
STEEL AUTHORITY OF INDIA LTD | 2,581.37 | 19.85 | 51,239.2 |
APL APOLLO TUBES LTD | 801.06 | 55.44 | 44,408.1 |
MOTHERSON SUMI WIRING INDIA LTD | 600.09 | 41.07 | 24,643.3 |
SHYAM METALICS AND ENERGY LTD | 923.70 | 29.79 | 27,514.0 |
WELSPUN CORP LTD | 1,385.65 | 17.70 | 24,519.1 |
SARDA ENERGY & MINERALS LTD | 681.17 | 23.15 | 15,770.8 |
JINDAL SAW LTD | 1,431.77 | 9.40 | 13,455.2 |
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 | 9.40x |
Max industry PE | 55.44x |
Median industry PE | 29.79x |
Average industry PE | 31.85x |
You may also like the below Video Courses