Ram Ratna WiresNSE:RAMRAT -3.27%91 Return-on-Tangible-Equity is 28.14% as of Mar. 2026, which is 79% above its 10-year median of 15.73. GuruFocus rates NSE:RAMRAT with a GF Score™ of 91/100 and a GF Value™ of ₹403.33 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,972 Industrial Products companies, Ram Ratna Wires ranks better than 86.17% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Ram Ratna Wires's annualized net income for the quarter that ended in Mar. 2026 was ₹1,561 Mil. Ram Ratna Wires's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹5,545 Mil. Therefore, Ram Ratna Wires's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.14%.
The historical rank and industry rank for Ram Ratna Wires's Return-on-Tangible-Equity or its related term are showing as below:
NSE:RAMRAT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.94 Med: 15.73 Max: 22.35
Current: 21.48
During the past 13 years, Ram Ratna Wires's highest Return-on-Tangible-Equity was 22.35%. The lowest was 7.94%. And the median was 15.73%.
NSE:RAMRAT's Return-on-Tangible-Equity is ranked better than 86.17% of 2972
companies
in the Industrial Products industry
Industry Median: 6.75
vs NSE:RAMRAT: 21.48
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Ram Ratna Wires Return-on-Tangible-Equity Related Terms
Ram Ratna Wires Return-on-Tangible-Equity Historical Data
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The historical data trend for Ram Ratna Wires's Return-on-Tangible-Equity 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.
NSE:RAMRAT vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Ram Ratna Wires's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Ram Ratna Wires Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ram Ratna Wires's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ram Ratna Wires's Return-on-Tangible-Equity falls into.
* 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.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 28.14% mean?
Ram Ratna Wires (NSE:RAMRAT) has a Return-on-Tangible-Equity of 28.14% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ram Ratna Wires and its competitors. This is 79% above median its historical median of 15.73. Over the past decade, Ram Ratna Wires' Return-on-Tangible-Equity has ranged from 7.94 to 22.35. According to the industry distribution chart, Ram Ratna Wires ranks #411 out of 2972 companies in the Industrial Products industry, placing it in the top 13.8%.
Is Ram Ratna Wires' Return-on-Tangible-Equity too high?
Ram Ratna Wires' current Return-on-Tangible-Equity of 28.14% is 79% above median its 10-year median of 15.73. Over the past 10 years, this metric has ranged from a low of 7.94 to a high of 22.35. The Industrial Products industry median Return-on-Tangible-Equity is 6.75. Ram Ratna Wires' value of 28.14% is 316.9% above this industry median. Based on the distribution chart, Ram Ratna Wires ranks #411 out of 2972 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ram Ratna Wires has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ram Ratna Wires' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ram Ratna Wires ranks #411 out of 2972 companies for Return-on-Tangible-Equity. This places Ram Ratna Wires in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.75. Ram Ratna Wires' value of 28.14% is 316.9% above this benchmark. Historically, Ram Ratna Wires' own Return-on-Tangible-Equity has ranged from 7.94 to 22.35 over the past decade. While the company's 10-year median is 15.73 vs. the industry median of 6.75, Ram Ratna Wires 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 Return-on-Tangible-Equity for an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.75, based on 2,972 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ram Ratna Wires's current Return-on-Tangible-Equity of 28.14% is 316.9% 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Ram Ratna Wires and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ram Ratna Wires's current Return-on-Tangible-Equity is 28.14%, which is 79% above median its own 10-year median of 15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ram Ratna Wires stock overvalued right now?
Based on GuruFocus' analysis, Ram Ratna Wires (NSE:RAMRAT) is currently considered Fairly Valued. The stock's GF Value™ is ₹403.33, compared to a current price of ₹404.40 — trading 0.3% above its estimated fair value. The current Return-on-Tangible-Equity is 28.14%, which is 79% above median its 10-year median of 15.73 and 316.9% above the Industrial Products industry median of 6.75. Ram Ratna Wires' overall GF Score™ is 91/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Ram Ratna Wires (NSE:RAMRAT), the current Return-on-Tangible-Equity is 28.14% as of Mar. 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 Ram Ratna Wires (NSE:RAMRAT) Overvalued in 2026?
Based on GuruFocus' analysis, Ram Ratna Wires stock appears to be overvalued.
The current stock price of ₹404.40 is trading 0.3% above its estimated GF Value™ of ₹403.33.
GuruFocus considers Ram Ratna Wires to be Fairly Valued.
Key valuation signals for NSE:RAMRAT:
Return-on-Tangible-Equity: 28.14% (79% above median its 10-year median of 15.73)
GF Value™: ₹403.33 vs. price of ₹404.40 (0.3% above fair value)
Industry Position: 316.9% above the Industrial Products median (#411 of 2972)
No single metric tells the full story. See the NSE:RAMRAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.
91GF Score
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