Rajratan Global Wire Ltd
NSE:RAJRATAN
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (6.1), the stock would be worth ₹722.2 (60% upside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.8 | ₹450.8 |
0%
|
| 3-Year Average | 6.1 | ₹722.2 |
+60%
|
| 5-Year Average | 7.6 | ₹896.9 |
+99%
|
| Industry Average | 2.9 | ₹338.36 |
-25%
|
| Country Average | 3.3 | ₹385.8 |
-14%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| IN |
R
|
Rajratan Global Wire Ltd
NSE:RAJRATAN
|
22.2B INR | 3.8 | 32.7 | |
| ZA |
K
|
Kumba Iron Ore Ltd
JSE:KIO
|
99.5B ZAR | 1.8 | 6.8 | |
| BR |
|
Vale SA
BOVESPA:VALE3
|
365B BRL | 2 | 26.2 | |
| US |
|
Nucor Corp
NYSE:NUE
|
49.2B USD | 2.5 | 29.7 | |
| LU |
|
ArcelorMittal SA
AEX:MT
|
37.5B EUR | 0.8 | 13.7 | |
| AU |
|
Fortescue Metals Group Ltd
ASX:FMG
|
60.9B AUD | 2 | 11.2 | |
| AU |
F
|
Fortescue Ltd
XMUN:FVJ
|
37.2B EUR | 2.1 | 11.7 | |
| IN |
|
JSW Steel Ltd
NSE:JSWSTEEL
|
3.1T INR | 3.8 | 41.8 | |
| US |
|
Steel Dynamics Inc
NASDAQ:STLD
|
32.6B USD | 3.6 | 23.9 | |
| IN |
|
Tata Steel Ltd
NSE:TATASTEEL
|
2.7T INR | 2.8 | 29.2 | |
| KR |
|
Posco Holdings Inc
KRX:005490
|
31.6T KRW | 0.6 | 48 |
Market Distribution
| Min | 0 |
| 30th Percentile | 2.1 |
| Median | 3.3 |
| 70th Percentile | 5.5 |
| Max | 4 699.1 |
Other Multiples
Rajratan Global Wire Ltd
Glance View
Rajratan Global Wire Ltd. engages in the manufacture and sale of steel wires. The company is headquartered in Indore, Madhya Pradesh and currently employs 639 full-time employees. The firm has only one reportable operating segment i.e Tyre Bead Wire. Tyre Bead used all kinds of tyres for an automobile, earth-moving equipment, aircraft, cycles, passenger vehicles, two-wheelers, three-wheelers, and truck bus radials. The company offers bead wire is the crucial link through which the vehicle load is transferred from rim to tyre, preventing vibration driving. Its tire bead wire is used in all kinds of automobile tires, tires of earth-moving pieces of equipment, and aircraft. The firm's high carbon steel wire applications include mechanical spring, high-performance spring, mattress spring and lacing wire, hose reinforcement, bedding and seating, wire rope and cable, conveyor belt, automotive cable-outer and inner, steel fiber, and cut wire shot for shot blasting and pinning.
