Ratnamani Metals & Tubes (NSE:RATNAMANI) ROE % Adjusted to Book Value: 2.71% (As of Mar. 2026)


NSE:RATNAMANI Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
96 GF Score
Price ₹2,693.80
GF Value ₹2,652.28
Valuation Fairly Valued
! 3 Warning Signs
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What is Ratnamani Metals & Tubes ROE % Adjusted to Book Value?

Ratnamani Metals & Tubes NSE:RATNAMANI +2.27% 96 ROE % Adjusted to Book Value is 2.71% as of Mar. 2026. GuruFocus rates NSE:RATNAMANI with a GF Score™ of 96/100 and a GF Value™ of ₹2,652.28 (Fairly Valued). The stock has 3 warning signs investors should review.

Ratnamani Metals & Tubes's ROE % for the quarter that ended in Mar. 2026 was 10.18%. Ratnamani Metals & Tubes's PB Ratio for the quarter that ended in Mar. 2026 was 3.75. Ratnamani Metals & Tubes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 2.71%.


Ratnamani Metals & Tubes ROE % Adjusted to Book Value Related Terms


Ratnamani Metals & Tubes ROE % Adjusted to Book Value Historical Data

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The historical data trend for Ratnamani Metals & Tubes's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

Ratnamani Metals & Tubes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 3.95 3.47 3.22 3.32

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
ROE % Adjusted to Book Value 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 4.57 0.00 3.23 0.00 2.71

NSE:RATNAMANI vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Ratnamani Metals & Tubes's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's ROE % Adjusted to Book Value falls into.


NSE:RATNAMANI
96GF Score
Ratnamani Metals & Tubes Ltd NSE:RATNAMANI
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ratnamani Metals & Tubes ROE % Adjusted to Book Value Calculation

Ratnamani Metals & Tubes's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=12.46% / 3.75
=3.32%

Ratnamani Metals & Tubes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=10.18% / 3.75
=2.71%

* 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.

What does a ROE % Adjusted to Book Value of 2.71% mean?
Ratnamani Metals & Tubes (NSE:RATNAMANI) has a ROE % Adjusted to Book Value of 2.71% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ratnamani Metals & Tubes and its competitors.
Is Ratnamani Metals & Tubes' ROE % Adjusted to Book Value too high?
Ratnamani Metals & Tubes' current ROE % Adjusted to Book Value is 2.71%. Overall, Ratnamani Metals & Tubes has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnamani Metals & Tubes' ROE % Adjusted to Book Value compare to NUE and STLD?
Ratnamani Metals & Tubes' ROE % Adjusted to Book Value of 2.71% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Ratnamani Metals & Tubes and its competitors. Ratnamani Metals & Tubes's current ROE % Adjusted to Book Value is 2.71%. 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 ₹2,652.28, compared to a current price of ₹2,693.80 — trading 1.6% above its estimated fair value. The current ROE % Adjusted to Book Value is 2.71%. Ratnamani Metals & Tubes' overall GF Score™ is 96/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Ratnamani Metals & Tubes (NSE:RATNAMANI), the current ROE % Adjusted to Book Value is 2.71% 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 Ratnamani Metals & Tubes (NSE:RATNAMANI) Overvalued in 2026?

Based on GuruFocus' analysis, Ratnamani Metals & Tubes stock appears to be overvalued. The current stock price of ₹2,693.80 is trading 1.6% above its estimated GF Value™ of ₹2,652.28. GuruFocus considers Ratnamani Metals & Tubes to be Fairly Valued.

Key valuation signals for NSE:RATNAMANI:

  • ROE % Adjusted to Book Value: 2.71%
  • GF Value™: ₹2,652.28 vs. price of ₹2,693.80 (1.6% above fair value)
  • GF Score™: 96/100 with 3 warning signs

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.
96GF Score

Get the complete analysis for NSE:RATNAMANI

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

₹2,693.80
Price
₹2,652.28
GF Value