RAMASTEEL.NS
Price:
$9.86
Market Cap:
$16.13B
Rama Steel Tubes Limited manufactures and trades steel pipes and tubes, and rigid poly vinyl chloride and galvanized iron pipes in India and internationally. It offers ERW galvanized steel pipes and tubes, ERW black steel pipes and tubes, scaffolding pipes and tubes, swaged poles, structural steel products, and hollow sections. The company also exports its products to the United Kingdom, the United Arab Emirates, Sri Lanka, Ethiopia, Kenya, Uganda, Ghana, Kuwait, the Republic of Congo, Yemen, Guyana, Germany, the United States, South Africa, Zambia, Malta, etc. Rama Steel Tubes Limited was incorporated in 1974 and is based in New Delhi, India.
Industry
Steel
IPO Date
2015-08-24
Stock Exchange
NSE
Ticker
RAMASTEEL.NS
According to Rama Steel Tubes Limited’s latest financial reports and current stock price. The company's current ROE is 5.98%. This represents a change of 300.70% compared to the average of 1.49% of the last 4 quarters.
The mean historical ROE of Rama Steel Tubes Limited over the last ten years is 12.64%. The current 5.98% ROE has changed -52.71% with respect to the historical average. Over the past ten years (40 quarters), RAMASTEEL.NS's ROE was at its highest in in the June 2016 quarter at 9.76%. The ROE was at its lowest in in the June 2020 quarter at -2.17%.
Average
12.64%
Median
11.52%
Minimum
1.31%
Maximum
22.54%
Discovering the peaks and valleys of Rama Steel Tubes Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 843.38%
Maximum Annual ROE = 22.54%
Minimum Annual Increase = -86.36%
Minimum Annual ROE = 1.31%
| Year | ROE | Change |
|---|---|---|
| 2025 | 6.25% | -28.13% |
| 2024 | 8.69% | -18.45% |
| 2023 | 10.66% | -50.58% |
| 2022 | 21.57% | 74.13% |
| 2021 | 12.38% | 843.38% |
| 2020 | 1.31% | -86.36% |
| 2019 | 9.62% | -40.42% |
| 2018 | 16.15% | -6.04% |
| 2017 | 17.19% | -23.75% |
| 2016 | 22.54% | 579.61% |
The current ROE of Rama Steel Tubes Limited (RAMASTEEL.NS) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
8.53%
5-year avg
11.91%
10-year avg
12.64%
Rama Steel Tubes Limited’s ROE is less than Hariom Pipe Industries Limited (12.08%), less than Hariom Pipe Industries Limited (12.08%), less than Bharat Wire Ropes Limited (9.74%), less than Bharat Wire Ropes Limited (9.74%), less than Salasar Techno Engineering Limited (3.34%), less than Salasar Techno Engineering Limited (3.34%), less than Steel Exchange India Limited (4.87%), less than Steel Exchange India Limited (4.87%), greater than MSP Steel & Power Limited (-2.22%), less than Deccan Cements Limited (2.79%),
| Company | ROE | Market cap |
|---|---|---|
| 12.08% | $10.95B | |
| 12.08% | $10.95B | |
| 9.74% | $11.78B | |
| 9.74% | $11.78B | |
| 3.34% | $15.68B | |
| 3.34% | $15.72B | |
| 4.87% | $10.76B | |
| 4.87% | $10.76B | |
| -2.22% | $20.82B | |
| 2.79% | $10.95B |
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