RATNAMANI METALS & TUBES
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The Current P/E Ratio of RATNAMANI METALS & TUBES is 34.48.
Share Price | ₹2,614.1 | May 09,2025 |
Market Cap | ₹18,324.8 Cr | |
Earnings-TTM | ₹531.5 Cr | TTM-Consolidated Results |
Price/Earnings | 34.48x | Calculated as Market Cap/Earnings |
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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 [ ₹18,324.8 Cr] as on May 09,2025
(/) Earnings [ ₹531.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 34.48x ]
Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay 34.48 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 | 531.53 | 34.48 | 18,324.8 |
JSW STEEL LTD | 3,478.00 | 67.28 | 233,993.0 |
TATA STEEL LTD | 2,376.45 | 74.99 | 178,201.0 |
JINDAL STAINLESS LTD | 2,543.42 | 18.77 | 47,729.2 |
STEEL AUTHORITY OF INDIA LTD | 1,707.76 | 26.35 | 45,002.1 |
APL APOLLO TUBES LTD | 757.06 | 60.83 | 46,053.8 |
MOTHERSON SUMI WIRING INDIA LTD | 605.86 | 41.77 | 25,306.4 |
SHYAM METALICS AND ENERGY LTD | 909.14 | 26.57 | 24,151.9 |
WELSPUN CORP LTD | 836.83 | 22.83 | 19,104.7 |
SARDA ENERGY & MINERALS LTD | 662.92 | 22.35 | 14,819.4 |
JINDAL SAW LTD | 1,431.77 | 9.02 | 12,911.7 |
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 | 9.02x |
Max industry PE | 74.99x |
Median industry PE | 26.57x |
Average industry PE | 36.84x |
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