Ratnamani Metals & Tubes (NSE:RATNAMANI) PEG Ratio: 2.37 (As of Jul. 16, 2026) — 13% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:RATNAMANI Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
97 GF Score
Price ₹2,603.60
GF Value ₹2,649.14
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Ratnamani Metals & Tubes PEG Ratio?

Ratnamani Metals & Tubes NSE:RATNAMANI +0.65% 97 PEG Ratio is 2.37 as of Jul. 16, 2026, which is 13% above its 10-year median of 2.09. GuruFocus rates NSE:RATNAMANI with a GF Score™ of 97/100 and a GF Value™ of ₹2,649.14 (Fairly Valued). The stock has 7 warning signs investors should review. Among 200 Steel companies, Ratnamani Metals & Tubes ranks worse than 68% on this metric.

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, Ratnamani Metals & Tubes's PE Ratio without NRI is 37.22. Ratnamani Metals & Tubes's 5-Year EBITDA growth rate is 15.70%. Therefore, Ratnamani Metals & Tubes's PEG Ratio for today is 2.37.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for Ratnamani Metals & Tubes's PEG Ratio or its related term are showing as below:

NSE:RATNAMANI' s PEG Ratio Range Over the Past 10 Years
Min: 1.14   Med: 2.09   Max: 7.81
Current: 2.38


During the past 13 years, Ratnamani Metals & Tubes's highest PEG Ratio was 7.81. The lowest was 1.14. And the median was 2.09.


NSE:RATNAMANI's PEG Ratio is ranked worse than
68% of 200 companies
in the Steel industry
Industry Median: 1.47 vs NSE:RATNAMANI: 2.38

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


Ratnamani Metals & Tubes  (NSE:RATNAMANI) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


Ratnamani Metals & Tubes PEG Ratio Related Terms


Ratnamani Metals & Tubes PEG Ratio Historical Data

* Premium members only.

The historical data trend for Ratnamani Metals & Tubes's PEG 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.

Ratnamani Metals & Tubes PEG Ratio Chart

Ratnamani Metals & Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.74 1.55 1.78

Ratnamani Metals & Tubes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PEG 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 1.55 1.66 1.28 1.36 1.78

NSE:RATNAMANI vs NUE, STLD, RS: PEG Ratio Comparison

For the Steel subindustry, Ratnamani Metals & Tubes's PEG Ratio, along with its competitors' market caps and PEG 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.


Ratnamani Metals & Tubes PEG Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's PEG Ratio distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's PEG Ratio falls into.


NSE:RATNAMANI
97GF Score
Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
PEG Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ratnamani Metals & Tubes PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

Ratnamani Metals & Tubes's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=37.217679684373/15.70
=2.37

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.

Frequently Asked Questions Learn more about PEG Ratio →
What does a PEG Ratio of 2.37 mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a PEG Ratio of 2.37 as of Jul. 16, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Ratnamani Metals & Tubes and its competitors. This is 13% above median its historical median of 2.09. Over the past decade, Ratnamani Metals & Tubes' PEG Ratio has ranged from 1.14 to 7.81. According to the industry distribution chart, Ratnamani Metals & Tubes ranks #136 out of 200 companies in the Steel industry, placing it in the top 68%.
Is Ratnamani Metals & Tubes' PEG Ratio too high?
Ratnamani Metals & Tubes' current PEG Ratio of 2.37 is 13% above median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 7.81. The Steel industry median PEG Ratio is 1.47. Ratnamani Metals & Tubes' value of 2.37 is 61.2% above this industry median. Based on the distribution chart, Ratnamani Metals & Tubes ranks #136 out of 200 companies in the Steel industry, which is below the industry midpoint. Overall, Ratnamani Metals & Tubes has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' PEG Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnamani Metals & Tubes ranks #136 out of 200 companies for PEG Ratio. This places Ratnamani Metals & Tubes in the lower half of its industry. The industry median PEG Ratio is 1.47. Ratnamani Metals & Tubes' value of 2.37 is 61.2% above this benchmark. Historically, Ratnamani Metals & Tubes' own PEG Ratio has ranged from 1.14 to 7.81 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 1.47, Ratnamani Metals & Tubes 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 PEG Ratio for a Steel company?
The median PEG Ratio among Steel companies is 1.47, based on 200 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ratnamani Metals & Tubes's current PEG Ratio of 2.37 is 61.2% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Ratnamani Metals & Tubes and its competitors. For the Steel industry, the median PEG Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratnamani Metals & Tubes's current PEG Ratio is 2.37, which is 13% above median its own 10-year median of 2.09. 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 Fairly Valued. The stock's GF Value™ is ₹2,649.14, compared to a current price of ₹2,603.60 — trading 1.7% below its estimated fair value. The current PEG Ratio is 2.37, which is 13% above median its 10-year median of 2.09 and 61.2% above the Steel industry median of 1.47. Ratnamani Metals & Tubes' overall GF Score™ is 97/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Ratnamani Metals & Tubes (NSE:RATNAMANI), the current PEG Ratio is 2.37 as of Jul. 16, 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 undervalued. The current stock price of ₹2,603.60 is trading 1.7% below its estimated GF Value™ of ₹2,649.14. GuruFocus considers Ratnamani Metals & Tubes to be Fairly Valued.

Key valuation signals for NSE:RATNAMANI:

  • PEG Ratio: 2.37 (13% above median its 10-year median of 2.09)
  • GF Value™: ₹2,649.14 vs. price of ₹2,603.60 (1.7% below fair value)
  • GF Score™: 97/100 with 7 warning signs
  • Industry Position: 61.2% above the Steel median (#136 of 200)

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.


Ratnamani Metals & Tubes Business Description

Other Exchanges 520111:India
Address The 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.
97GF Score

Get the complete analysis for NSE:RATNAMANI

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

₹2,603.60
Price
₹2,649.14
GF Value