RATNAMANI METALS & TUBES
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The Current P/E Ratio of RATNAMANI METALS & TUBES is 26.01.
| Share Price | ₹2,298.8 | Nov 21,2025 |
| Market Cap | ₹16,114.2 Cr | |
| Earnings-TTM | ₹619.5 Cr | TTM-Consolidated Results |
| Price/Earnings | 26.01x | 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 [ ₹16,114.2 Cr] as on Nov 21,2025
(/) Earnings [ ₹619.5 Cr] based on TTM-Consolidated Results
(=) P/E Ratio [ 26.01x ]
Thus, for RATNAMANI METALS & TUBES , the investors are currently willing to pay 26.01 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 | 619.52 | 26.01 | 16,114.2 |
| JSW STEEL LTD | 6,500.00 | 42.91 | 278,904.0 |
| TATA STEEL LTD | 6,432.57 | 32.60 | 209,722.0 |
| JINDAL STAINLESS LTD | 2,836.75 | 21.84 | 61,959.2 |
| STEEL AUTHORITY OF INDIA LTD | 2,159.99 | 25.59 | 55,266.4 |
| APL APOLLO TUBES LTD | 1,048.79 | 45.74 | 47,968.6 |
| MOTHERSON SUMI WIRING INDIA LTD | 613.35 | 52.35 | 32,110.5 |
| SHYAM METALICS AND ENERGY LTD | 968.51 | 23.79 | 23,039.5 |
| WELSPUN CORP LTD | 1,523.91 | 15.03 | 22,903.5 |
| SARDA ENERGY & MINERALS LTD | 1,021.00 | 16.90 | 17,259.6 |
| JINDAL SAW LTD | 1,086.26 | 9.66 | 10,487.9 |
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 | 9.66x |
| Max industry PE | 52.35x |
| Median industry PE | 25.59x |
| Average industry PE | 28.40x |
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