Ramco Cements (NSE:RAMCOCEM) EV-to-EBITDA: 12.48 (As of Jul. 21, 2026) — 22% Below Median

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NSE:RAMCOCEM Ramco Cements Ltd NSE:RAMCOCEM
80 GF Score
Price ₹925.80
GF Value ₹983.90
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Ramco Cements EV-to-EBITDA?

Ramco Cements NSE:RAMCOCEM +0.65% 80 EV-to-EBITDA is 12.48 as of Jul. 21, 2026, which is 22% below its 10-year median of 16.06. GuruFocus rates NSE:RAMCOCEM with a GF Score™ of 80/100 and a GF Value™ of ₹983.90 (Fairly Valued). The stock has 4 warning signs investors should review. Among 346 Building Materials companies, Ramco Cements ranks worse than 65.9% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ramco Cements's enterprise value is ₹253,375 Mil. Ramco Cements's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹20,306 Mil. Therefore, Ramco Cements's EV-to-EBITDA for today is 12.48.

The historical rank and industry rank for Ramco Cements's EV-to-EBITDA or its related term are showing as below:

NSE:RAMCOCEM' s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.64   Med: 16.06   Max: 30.53
Current: 12.48

During the past 13 years, the highest EV-to-EBITDA of Ramco Cements was 30.53. The lowest was 9.64. And the median was 16.06.

NSE:RAMCOCEM's EV-to-EBITDA is ranked worse than
65.9% of 346 companies
in the Building Materials industry
Industry Median: 9.02 vs NSE:RAMCOCEM: 12.48

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-21), Ramco Cements's stock price is ₹925.80. Ramco Cements's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₹29.560. Therefore, Ramco Cements's PE Ratio (TTM) for today is 31.32.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ramco Cements  (NSE:RAMCOCEM) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ramco Cements's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=925.80/29.560
=31.32

Ramco Cements's share price for today is ₹925.80.
Ramco Cements's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹29.560.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ramco Cements EV-to-EBITDA Related Terms


Ramco Cements EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ramco Cements's EV-to-EBITDA 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.

Ramco Cements EV-to-EBITDA Chart

Ramco Cements Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.84 18.73 15.83 17.42 12.41

Ramco Cements Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA 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 17.42 16.41 17.11 13.03 12.41

NSE:RAMCOCEM vs CRH, VMC, MLM: EV-to-EBITDA Comparison

For the Building Materials subindustry, Ramco Cements's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Ramco Cements EV-to-EBITDA vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ramco Cements's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ramco Cements's EV-to-EBITDA falls into.


NSE:RAMCOCEM
80GF Score
Ramco Cements Ltd NSE:RAMCOCEM
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramco Cements EV-to-EBITDA Calculation

Ramco Cements's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=253374.685/20306.1
=12.48

Ramco Cements's current Enterprise Value is ₹253,375 Mil.
Ramco Cements's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹20,306 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 12.48 mean?
Ramco Cements (NSE:RAMCOCEM) has a EV-to-EBITDA of 12.48 as of Jul. 21, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ramco Cements. This is 22% below median its historical median of 16.06. Over the past decade, Ramco Cements' EV-to-EBITDA has ranged from 9.64 to 30.53. According to the industry distribution chart, Ramco Cements ranks #228 out of 346 companies in the Building Materials industry, placing it in the top 65.9%.
Is Ramco Cements' EV-to-EBITDA too high?
Ramco Cements' current EV-to-EBITDA of 12.48 is 22% below median its 10-year median of 16.06. Over the past 10 years, this metric has ranged from a low of 9.64 to a high of 30.53. The Building Materials industry median EV-to-EBITDA is 9.02. Ramco Cements' value of 12.48 is 38.4% above this industry median. Based on the distribution chart, Ramco Cements ranks #228 out of 346 companies in the Building Materials industry, which is below the industry midpoint. Overall, Ramco Cements has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ramco Cements' EV-to-EBITDA compare to CRH and VMC?
According to the Building Materials industry distribution chart, Ramco Cements ranks #228 out of 346 companies for EV-to-EBITDA. This places Ramco Cements in the lower half of its industry. The industry median EV-to-EBITDA is 9.02. Ramco Cements' value of 12.48 is 38.4% above this benchmark. Historically, Ramco Cements' own EV-to-EBITDA has ranged from 9.64 to 30.53 over the past decade. While the company's 10-year median is 16.06 vs. the industry median of 9.02, Ramco Cements 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 EV-to-EBITDA for a Building Materials company?
The median EV-to-EBITDA among Building Materials companies is 9.02, based on 346 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ramco Cements's current EV-to-EBITDA of 12.48 is 38.4% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ramco Cements. For the Building Materials industry, the median EV-to-EBITDA is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Cements's current EV-to-EBITDA is 12.48, which is 22% below median its own 10-year median of 16.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Cements stock overvalued right now?
Based on GuruFocus' analysis, Ramco Cements (NSE:RAMCOCEM) is currently considered Fairly Valued. The stock's GF Value™ is ₹983.90, compared to a current price of ₹925.80 — trading 5.9% below its estimated fair value. The current EV-to-EBITDA is 12.48, which is 22% below median its 10-year median of 16.06 and 38.4% above the Building Materials industry median of 9.02. Ramco Cements' overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ramco Cements (NSE:RAMCOCEM), the current EV-to-EBITDA is 12.48 as of Jul. 21, 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 Ramco Cements (NSE:RAMCOCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Cements stock appears to be undervalued. The current stock price of ₹925.80 is trading 5.9% below its estimated GF Value™ of ₹983.90. GuruFocus considers Ramco Cements to be Fairly Valued.

Key valuation signals for NSE:RAMCOCEM:

  • EV-to-EBITDA: 12.48 (22% below median its 10-year median of 16.06)
  • GF Value™: ₹983.90 vs. price of ₹925.80 (5.9% below fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 38.4% above the Building Materials median (#228 of 346)

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


Ramco Cements Business Description

Other Exchanges 500260:India
Address No. 98-A, Dr. Radhakrishnan Road, Auras Corporate Centre, 5th Floor, Mylapore, Chennai, TN, IND, 600004
Ramco Cements Ltd, part of Ramco Group, is a producer of Portland cement. The company owns grinding units and packing terminals, as well as integrated cement plants. Its cement is sold under the Ramco Supergrade brand in India. Other products include ready-mix concrete and dry-mortar products. Ramco Cements also operates wind farms in India.
80GF Score

Get the complete analysis for NSE:RAMCOCEM

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹925.80
Price
₹983.90
GF Value