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Ratnamani Metals & Tubes's Enterprise Value for the quarter that ended in Jun. 2026 was ₹ Mil.
Ratnamani Metals & Tubes's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹6,945 Mil. Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was %.
The historical rank and industry rank for Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:RATNAMANI'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.17 Med: 4.51 Max: 11.59
Current: 3.55
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Ratnamani Metals & Tubes was 11.59%. The lowest was 2.17%. And the median was 4.51%.
NSE:RATNAMANI's Earnings Yield (Joel Greenblatt) % is ranked worse than 58.83% of 634
companies
in the Steel industry
Industry Median: 5.63
vs NSE:RATNAMANI: 3.55
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Ratnamani Metals & Tubes's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 13.75%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
The historical data trend for Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % 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.
For the Steel subindustry, Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.
Ratnamani Metals & Tubes Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Ratnamani Metals & Tubess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Ratnamani Metals & Tubes's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹6,945 Mil.
What does a Earnings Yield (Joel Greenblatt) % of % mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a Earnings Yield (Joel Greenblatt) % of % as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ratnamani Metals & Tubes and its competitors. Over the past decade, Ratnamani Metals & Tubes' Earnings Yield (Joel Greenblatt) % has ranged from 2.17 to 11.59. According to the industry distribution chart, Ratnamani Metals & Tubes ranks #373 out of 634 companies in the Steel industry, placing it in the top 58.8%.
Is Ratnamani Metals & Tubes' Earnings Yield (Joel Greenblatt) % too high?
Ratnamani Metals & Tubes' current Earnings Yield (Joel Greenblatt) % is %. Over the past 10 years, this metric has ranged from a low of 2.17 to a high of 11.59. Based on the distribution chart, Ratnamani Metals & Tubes ranks #373 out of 634 companies in the Steel industry, which is below the industry midpoint. Overall, Ratnamani Metals & Tubes has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnamani Metals & Tubes ranks #373 out of 634 companies for Earnings Yield (Joel Greenblatt) %. This places Ratnamani Metals & Tubes in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.63. Historically, Ratnamani Metals & Tubes' own Earnings Yield (Joel Greenblatt) % has ranged from 2.17 to 11.59 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.63, based on 634 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Ratnamani Metals & Tubes and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratnamani Metals & Tubes's current Earnings Yield (Joel Greenblatt) % is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnamani Metals & Tubes stock overvalued right now?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes (NSE:RATNAMANI) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹2,555.28, compared to a current price of ₹2,859.10 — trading 11.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is %. Ratnamani Metals & Tubes' overall GF Score™ is 94/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Ratnamani Metals & Tubes (NSE:RATNAMANI), the current Earnings Yield (Joel Greenblatt) % is % as of Jun. 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 Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be overvalued.
The current stock price of ₹2,859.10 is trading 11.9% above its estimated GF Value™ of ₹2,555.28.
GuruFocus considers Ratnamani Metals & Tubes to be Modestly Overvalued.
Key valuation signals for NSE:RATNAMANI:
Earnings Yield (Joel Greenblatt) %: %
GF Value™: ₹2,555.28 vs. price of ₹2,859.10 (11.9% above fair value)
No single metric tells the full story. See the NSE:RATNAMANI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AddressThe First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015
Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.
94GF Score
Get the complete analysis for NSE:RATNAMANI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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