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Rama Steel Tubes (NSE:RAMASTEEL) Cyclically Adjusted PB Ratio : 10.27 (As of Jun. 27, 2025)


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What is Rama Steel Tubes Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Rama Steel Tubes's current share price is ₹12.12. Rama Steel Tubes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₹1.18. Rama Steel Tubes's Cyclically Adjusted PB Ratio for today is 10.27.

The historical rank and industry rank for Rama Steel Tubes's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:RAMASTEEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.81   Med: 12.09   Max: 14.42
Current: 10.43

During the past years, Rama Steel Tubes's highest Cyclically Adjusted PB Ratio was 14.42. The lowest was 7.81. And the median was 12.09.

NSE:RAMASTEEL's Cyclically Adjusted PB Ratio is ranked worse than
97.49% of 517 companies
in the Steel industry
Industry Median: 0.86 vs NSE:RAMASTEEL: 10.43

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Rama Steel Tubes's adjusted book value per share data for the three months ended in Mar. 2025 was ₹2.344. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₹1.18 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rama Steel Tubes Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rama Steel Tubes's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rama Steel Tubes Cyclically Adjusted PB Ratio Chart

Rama Steel Tubes Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 15.14 7.96

Rama Steel Tubes Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.14 - 13.42 - 7.96

Competitive Comparison of Rama Steel Tubes's Cyclically Adjusted PB Ratio

For the Steel subindustry, Rama Steel Tubes's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rama Steel Tubes's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's Cyclically Adjusted PB Ratio falls into.


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Rama Steel Tubes Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Rama Steel Tubes's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.12/1.18
=10.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rama Steel Tubes's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Rama Steel Tubes's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.344/157.5517*157.5517
=2.344

Current CPI (Mar. 2025) = 157.5517.

Rama Steel Tubes Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 99.841 0.000
201509 0.203 101.753 0.314
201512 0.000 102.901 0.000
201603 0.232 102.518 0.357
201606 0.000 105.961 0.000
201609 0.266 105.961 0.396
201612 0.000 105.196 0.000
201703 0.436 105.196 0.653
201706 0.000 107.109 0.000
201709 0.525 109.021 0.759
201712 0.000 109.404 0.000
201803 0.625 109.786 0.897
201806 0.000 111.317 0.000
201809 0.668 115.142 0.914
201812 0.000 115.142 0.000
201903 0.691 118.202 0.921
201906 0.000 120.880 0.000
201909 0.695 123.175 0.889
201912 0.000 126.235 0.000
202003 0.697 124.705 0.881
202006 0.000 127.000 0.000
202009 0.716 130.118 0.867
202012 0.000 130.889 0.000
202103 0.793 131.771 0.948
202106 0.000 134.084 0.000
202109 0.905 135.847 1.050
202112 0.000 138.161 0.000
202203 1.006 138.822 1.142
202206 0.000 142.347 0.000
202209 1.585 144.661 1.726
202212 0.000 145.763 0.000
202303 1.790 146.865 1.920
202306 0.000 150.280 0.000
202309 2.031 151.492 2.112
202312 0.000 152.924 0.000
202403 2.170 153.035 2.234
202406 0.000 155.789 0.000
202409 2.262 157.882 2.257
202412 0.000 158.323 0.000
202503 2.344 157.552 2.344

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Rama Steel Tubes  (NSE:RAMASTEEL) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Rama Steel Tubes Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Rama Steel Tubes's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Rama Steel Tubes Business Description

Traded in Other Exchanges
Address
Main Road, B-5, 3rd Floor, Ghazipur, New Delhi, IND, 110096
Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow sections, square steel pipes, and square steel tubes. It also manufactures and exports hollow sections for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. Its segments include; Manufacturing of Steel Pipes which derives maximum revenue, and Trading of Building Material and Steel Products. Geographically, the company caters to both, the Indian and the international markets, and derives a majority of its revenue from its business in India.

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