Ram Ratna Wires (NSE:RAMRAT) Cyclically Adjusted PB Ratio: 11.32 (As of Jul. 04, 2026) — 48% Above Median


NSE:RAMRAT Ram Ratna Wires Ltd NSE:RAMRAT
91 GF Score
Price ₹395.60
GF Value ₹405.23
Valuation Fairly Valued
! 3 Warning Signs
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What is Ram Ratna Wires Cyclically Adjusted PB Ratio?

Ram Ratna Wires NSE:RAMRAT -3.18% 91 Cyclically Adjusted PB Ratio is 11.32 as of Jul. 04, 2026, which is 48% above its 10-year median of 7.63. GuruFocus rates NSE:RAMRAT with a GF Score™ of 91/100 and a GF Value™ of ₹405.23 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,297 Industrial Products companies, Ram Ratna Wires ranks worse than 92.03% on this metric.

As of today (2026-07-04), Ram Ratna Wires's current share price is ₹395.60. Ram Ratna Wires's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₹34.94. Ram Ratna Wires's Cyclically Adjusted PB Ratio for today is 11.32.

The historical rank and industry rank for Ram Ratna Wires's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSE:RAMRAT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.65   Med: 7.63   Max: 13.6
Current: 11.32

During the past years, Ram Ratna Wires's highest Cyclically Adjusted PB Ratio was 13.60. The lowest was 2.65. And the median was 7.63.

NSE:RAMRAT's Cyclically Adjusted PB Ratio is ranked worse than
92.03% of 2297 companies
in the Industrial Products industry
Industry Median: 2.24 vs NSE:RAMRAT: 11.32

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.

Ram Ratna Wires's adjusted book value per share data for the three months ended in Mar. 2026 was ₹62.077. 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 ₹34.94 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ram Ratna Wires  (NSE:RAMRAT) 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.


Ram Ratna Wires Cyclically Adjusted PB Ratio Related Terms


Ram Ratna Wires Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Ram Ratna Wires'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.

Ram Ratna Wires Cyclically Adjusted PB Ratio Chart

Ram Ratna Wires Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 3.87 5.26 9.36 8.27

Ram Ratna Wires Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9.36 0.00 9.77 0.00 8.27

NSE:RAMRAT vs VRT, BE: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Ram Ratna Wires'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.


Ram Ratna Wires Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ram Ratna Wires's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ram Ratna Wires's Cyclically Adjusted PB Ratio falls into.


NSE:RAMRAT
91GF Score
Ram Ratna Wires Ltd NSE:RAMRAT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ram Ratna Wires 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.

Ram Ratna Wires's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=395.60/34.94
=11.32

* 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.

Ram Ratna Wires's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Ram Ratna Wires's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=62.077/164.2724*164.2724
=62.077

Current CPI (Mar. 2026) = 164.2724.

Ram Ratna Wires Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.000 96.780 0.000
201503 7.560 97.163 12.782
201506 0.000 99.841 0.000
201509 7.969 101.753 12.865
201512 0.000 102.901 0.000
201603 9.944 102.518 15.934
201703 14.241 105.196 22.239
201803 18.971 109.786 28.386
201806 0.000 111.317 0.000
201809 0.000 115.142 0.000
201812 0.000 115.142 0.000
201903 20.856 118.202 28.985
201906 0.000 120.880 0.000
201909 21.781 123.175 29.048
201912 0.000 126.235 0.000
202003 20.315 124.705 26.761
202006 0.000 127.000 0.000
202009 20.382 130.118 25.732
202012 0.000 130.889 0.000
202103 22.757 131.771 28.370
202106 0.000 134.084 0.000
202109 26.862 135.847 32.483
202112 0.000 138.161 0.000
202203 30.845 138.822 36.500
202206 0.000 142.347 0.000
202209 30.473 144.661 34.604
202212 0.000 145.763 0.000
202303 35.414 146.865 39.612
202306 0.000 150.280 0.000
202309 43.582 151.492 47.259
202312 0.000 152.924 0.000
202403 48.428 153.035 51.984
202406 0.000 155.789 0.000
202409 48.448 157.882 50.409
202412 0.000 158.323 0.000
202503 54.873 157.552 57.214
202506 0.000 159.755 0.000
202509 54.396 162.289 55.061
202512 0.000 163.281 0.000
202603 62.077 164.272 62.077

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.

What does a Cyclically Adjusted PB Ratio of 11.32 mean?
Ram Ratna Wires (NSE:RAMRAT) has a Cyclically Adjusted PB Ratio of 11.32 as of Jul. 04, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ram Ratna Wires and its competitors. This is 48% above median its historical median of 7.63. Over the past decade, Ram Ratna Wires' Cyclically Adjusted PB Ratio has ranged from 2.65 to 13.60. According to the industry distribution chart, Ram Ratna Wires ranks #2114 out of 2297 companies in the Industrial Products industry, placing it in the top 92%.
Is Ram Ratna Wires' Cyclically Adjusted PB Ratio too high?
Ram Ratna Wires' current Cyclically Adjusted PB Ratio of 11.32 is 48% above median its 10-year median of 7.63. Over the past 10 years, this metric has ranged from a low of 2.65 to a high of 13.60. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.24. Ram Ratna Wires' value of 11.32 is 405.4% above this industry median. Based on the distribution chart, Ram Ratna Wires ranks #2114 out of 2297 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Ram Ratna Wires has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ram Ratna Wires' Cyclically Adjusted PB Ratio compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ram Ratna Wires ranks #2114 out of 2297 companies for Cyclically Adjusted PB Ratio. This places Ram Ratna Wires in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.24. Ram Ratna Wires' value of 11.32 is 405.4% above this benchmark. Historically, Ram Ratna Wires' own Cyclically Adjusted PB Ratio has ranged from 2.65 to 13.60 over the past decade. While the company's 10-year median is 7.63 vs. the industry median of 2.24, Ram Ratna Wires has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.24, based on 2,297 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ram Ratna Wires's current Cyclically Adjusted PB Ratio of 11.32 is 405.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Ram Ratna Wires and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ram Ratna Wires's current Cyclically Adjusted PB Ratio is 11.32, which is 48% above median its own 10-year median of 7.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ram Ratna Wires stock overvalued right now?
Based on GuruFocus' analysis, Ram Ratna Wires (NSE:RAMRAT) is currently considered Fairly Valued. The stock's GF Value™ is ₹405.23, compared to a current price of ₹395.60 — trading 2.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 11.32, which is 48% above median its 10-year median of 7.63 and 405.4% above the Industrial Products industry median of 2.24. Ram Ratna Wires' overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Ram Ratna Wires (NSE:RAMRAT), the current Cyclically Adjusted PB Ratio is 11.32 as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ram Ratna Wires (NSE:RAMRAT) Overvalued in 2026?

Based on GuruFocus' analysis, Ram Ratna Wires stock appears to be undervalued. The current stock price of ₹395.60 is trading 2.4% below its estimated GF Value™ of ₹405.23. GuruFocus considers Ram Ratna Wires to be Fairly Valued.

Key valuation signals for NSE:RAMRAT:

  • Cyclically Adjusted PB Ratio: 11.32 (48% above median its 10-year median of 7.63)
  • GF Value™: ₹405.23 vs. price of ₹395.60 (2.4% below fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 405.4% above the Industrial Products median (#2114 of 2297)

No single metric tells the full story. See the NSE:RAMRAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ram Ratna Wires Business Description

Other Exchanges 522281:India
Address Bhailal Amin Marg, Gorwa, Ground Floor, Alembic Business Park (West), Vadodara, GJ, IND, 390003
Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.
91GF Score

Get the complete analysis for NSE:RAMRAT

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹395.60
Price
₹405.23
GF Value