Ratnamani Metals & Tubes P/B Ratio

RATNAMANI • Price-to-Book ratio analysis and book value breakdown
Current P/B Ratio
4.14
High Valuation
Very High - Significant premium, high growth expectations or speculative

Current Valuation Metrics

P/B Ratio 4.14
Current Price ₹2278.40
Book Value/Share ₹2617.86
Exchange NSE

Book Value Breakdown (2025)

Balance Sheet Components
Total Equity ₹3,665 Cr
Share Capital ₹14 Cr
Reserves & Surplus ₹3,623 Cr
Outstanding Shares 14,000,000
Book Value per Share ₹2617.86

Valuation Signal

Signal Overvalued
Historical Avg 1.08
Historical Range 0.59 - 1.76
Percentile 100.0%

Sector Context

Sector Average -1.92
Sector Median -0.4
Sector Rank #11 of 50
Sector Percentile 22.0%

Key P/B Ratio Insights for Ratnamani Metals & Tubes

  • Stock appears overvalued with PB of 4.14, trading at significant premium to book value
  • Trading at high premium to book value - indicates strong growth expectations or asset-light business model
  • Current PB is 281.9% above historical average
  • Trading at premium to sector average PB of -1.92

View the current stock price of Ratnamani Metals & Tubes for more insights.

P/B Ratio Historical Trend for Ratnamani Metals & Tubes

Historical P/B ratio trend based on balance sheet data. P/B below 1.0 may indicate undervaluation, while higher ratios suggest growth expectations or asset-light business models.

Historical P/B Ratio Data

Year P/B Ratio Book Value/Share (₹) Year-end Price (₹) Total Equity (₹ Cr) Valuation
2025 0.91 ₹2617.86 ₹2380.50 ₹3,665 Low
2024 1.38 ₹2297.14 ₹3178.25 ₹3,216 Moderate
2023 1.76 ₹1911.43 ₹3363.25 ₹2,676 Moderate
2022 0.78 ₹2497.78 ₹1956.05 ₹2,248 Low
2021 0.59 ₹2208.89 ₹1296.30 ₹1,988 Low

Sector P/B Ratio Comparison

Comparing Ratnamani Metals & Tubes with other companies in Industrial Products sector
Sector Average
-1.92
Sector Median
-0.4
Lowest P/B
-16.74
Highest P/B
0.45
Companies
50
Company Symbol P/B Ratio Market Cap (₹ Cr) Valuation
Mahalaxmi Seamless MAHALXSE -16.74 ₹4 Low
Cochin Malabar Estates COCHMAL -13.94 ₹26 Low
Shah Alloys SHAHALLOYS -13.51 ₹135 Low
Electrotherm ELECTHERM -6.88 ₹1,160 Low
Heera Ispat HEERAISP -5.91 ₹5 Low
TPINDIA TPINDIA -4.91 ₹69 Low
Mahip Industries MAHIP -4.28 ₹7 Low
Nova Iron & Steel NOVIS -4.16 ₹49 Low
Promact Impex PROMACT -3.16 ₹7 Low
Ashiana Ispat ASHIS -2.81 ₹23 Low