Ratnamani Metals Tubes Stock Book Value Per Share

RATNAMANI   3,466  172.35  4.74%   
Ratnamani Metals Tubes fundamentals help investors to digest information that contributes to Ratnamani Metals' financial success or failures. It also enables traders to predict the movement of Ratnamani Stock. The fundamental analysis module provides a way to measure Ratnamani Metals' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Ratnamani Metals stock.
  
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Ratnamani Metals Tubes Company Book Value Per Share Analysis

Ratnamani Metals' Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current Ratnamani Metals Book Value Per Share

    
  448.06 X  
Most of Ratnamani Metals' fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Ratnamani Metals Tubes is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

Ratnamani Common Stock Shares Outstanding

Common Stock Shares Outstanding

76.25 Million

At present, Ratnamani Metals' Common Stock Shares Outstanding is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of Ratnamani Metals Tubes is about 448 times. This is 10.95% lower than that of the Metals & Mining sector and 97.06% lower than that of the Materials industry. The book value per share for all India stocks is 76.8% higher than that of the company.

Ratnamani Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Ratnamani Metals' direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Ratnamani Metals could also be used in its relative valuation, which is a method of valuing Ratnamani Metals by comparing valuation metrics of similar companies.
Ratnamani Metals is currently under evaluation in book value per share category among its peers.

Ratnamani Fundamentals

About Ratnamani Metals Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Ratnamani Metals Tubes's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ratnamani Metals using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ratnamani Metals Tubes based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Ratnamani Stock

Ratnamani Metals financial ratios help investors to determine whether Ratnamani Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Ratnamani with respect to the benefits of owning Ratnamani Metals security.