Rama Steel Tubes (NSE:RAMASTEEL) Price-to-Tangible-Book : (As of May. 06, 2024)

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What is Rama Steel Tubes Price-to-Tangible-Book?

As of today (2024-05-06), Rama Steel Tubes's share price is ₹13.05. Rama Steel Tubes's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was ₹0.00. Hence, Rama Steel Tubes's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Rama Steel Tubes's Price-to-Tangible-Book or its related term are showing as below:

NSE:RAMASTEEL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36 Med: 3.97 Max: 7.07
Current: 7.05

During the past 9 years, Rama Steel Tubes's highest Price to Tangible Book Ratio was 7.07. The lowest was 0.36. And the median was 3.97.

NSE:RAMASTEEL's Price-to-Tangible-Book is ranked worse than
95.18% of 602 companies
in the Steel industry
Industry Median: 1.045 vs NSE:RAMASTEEL: 7.05

A closely related ratio is called PB Ratio. As of today, Rama Steel Tubes's share price is ₹13.05. Rama Steel Tubes's Book Value per Sharefor the quarter that ended in Dec. 2023 was ₹0.00. Hence, Rama Steel Tubes's P/B Ratio of today is .

Rama Steel Tubes Price-to-Tangible-Book Historical Data

The historical data trend for Rama Steel Tubes's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

Rama Steel Tubes Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

2.20

0.36

1.18

4.14

5.84

Rama Steel Tubes Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															-	5.84	-	6.41	-

Competitive Comparison of Rama Steel Tubes's Price-to-Tangible-Book

For the Steel subindustry, Rama Steel Tubes's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rama Steel Tubes's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rama Steel Tubes's Price-to-Tangible-Book falls into.

Rama Steel Tubes Price-to-Tangible-Book Calculation

Rama Steel Tubes's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	13.05	/	0
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Rama Steel Tubes Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Rama Steel Tubes's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Rama Steel Tubes (NSE:RAMASTEEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rama Steel Tubes Ltd (NSE:RAMASTEEL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

539309:India

Address

Main Road, B-5, 3rd Floor, Ghazipur, New Delhi, IND, 110096

Website

https://www.ramasteel.com

Rama Steel Tubes Ltd is a manufacturer and exporter of steel pipes, steel tubes, galvanized pipes, fence pipes, electrical conduit pipes, scaffolding fittings, hollow section, square steel pipes, and square steel tubes. The firm's only segment is the manufacturing and trading of Steel Tubes Pipes and Steel allied products. It also manufactures and exports hollow section for the automobile industry, including highway and street lighting poles, as well as traffic signal poles. It operates its business across the world and generates its revenues from India.

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