Ramco Cements (NSE:RAMCOCEM) Price-to-Tangible-Book: (As of Sep. 03, 2026)

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:RAMCOCEM Ramco Cements Ltd NSE:RAMCOCEM
81 GF Score
Price ₹879.15
GF Value ₹985.45
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Ramco Cements Price-to-Tangible-Book?

As of today (2026-09-03), Ramco Cements's share price is ₹879.15. Ramco Cements's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was ₹0.00. Hence, Ramco Cements's Price to Tangible Book Ratio of today is .

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

NSE:RAMCOCEM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.44   Med: 3.2   Max: 4.38
Current: 2.57

During the past 13 years, Ramco Cements's highest Price to Tangible Book Ratio was 4.38. The lowest was 2.44. And the median was 3.20.

NSE:RAMCOCEM's Price-to-Tangible-Book is ranked worse than
72.91% of 395 companies
in the Building Materials industry
Industry Median: 1.31 vs NSE:RAMCOCEM: 2.57

A closely related ratio is called PB Ratio. As of today, Ramco Cements's share price is ₹879.15. Ramco Cements's Book Value per Sharefor the quarter that ended in Jun. 2026 was ₹0.00. Hence, Ramco Cements's P/B Ratio of today is .


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.


Ramco Cements Price-to-Tangible-Book Related Terms


Ramco Cements Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for Ramco Cements'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.

Ramco Cements Price-to-Tangible-Book Chart

Ramco Cements Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.76 2.61 2.65 2.85 2.69

Ramco Cements Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Price-to-Tangible-Book 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 0.00 3.26 0.00 2.69 0.00

NSE:RAMCOCEM vs CRH, MLM, VMC: Price-to-Tangible-Book Comparison

For the Building Materials subindustry, Ramco Cements'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.


Ramco Cements Price-to-Tangible-Book vs Building Materials Industry

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

* The bar in red indicates where Ramco Cements's Price-to-Tangible-Book falls into.


NSE:RAMCOCEM
81GF Score
Ramco Cements Ltd NSE:RAMCOCEM
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ramco Cements Price-to-Tangible-Book Calculation

Ramco Cements's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=879.15/0
=

* 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.

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

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.

Is Ramco Cements (NSE:RAMCOCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Ramco Cements stock appears to be undervalued. The current stock price of ₹879.15 is trading 10.8% below its estimated GF Value™ of ₹985.45. GuruFocus considers Ramco Cements to be Modestly Undervalued.

Key valuation signals for NSE:RAMCOCEM:

  • Price-to-Tangible-Book:
  • GF Value™: ₹985.45 vs. price of ₹879.15 (10.8% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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.
81GF Score

Get the complete analysis for NSE:RAMCOCEM

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

₹879.15
Price
₹985.45
GF Value