Rajratan Global Wire Limited

NSEI:RAJRATAN Stock Report

Market Cap: ₹25.4b

Rajratan Global Wire Valuation

Is RAJRATAN undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RAJRATAN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RAJRATAN (₹501.5) is trading above our estimate of fair value (₹293.34)

Significantly Below Fair Value: RAJRATAN is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for RAJRATAN?

Key metric: As RAJRATAN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RAJRATAN. This is calculated by dividing RAJRATAN's market cap by their current earnings.
What is RAJRATAN's PE Ratio?
PE Ratio34.3x
Earnings₹742.10m
Market Cap₹25.45b

Price to Earnings Ratio vs Peers

How does RAJRATAN's PE Ratio compare to its peers?

The above table shows the PE ratio for RAJRATAN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average29.6x
AEROFLEX Aeroflex Industries
51.4x34.6%₹23.2b
506022 Prakash Industries
8.3xn/a₹29.1b
VENUSPIPES Venus Pipes and Tubes
33.2x31.4%₹33.1b
513228 Pennar Industries
25.4x26.1%₹27.2b
RAJRATAN Rajratan Global Wire
34.3x27.8%₹25.4b

Price-To-Earnings vs Peers: RAJRATAN is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the peer average (29.6x).


Price to Earnings Ratio vs Industry

How does RAJRATAN's PE Ratio compare vs other companies in the IN Metals and Mining Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
590078 Maithan Alloys
3.7xn/aUS$366.20m
526608 Electrotherm (India)
3.3xn/aUS$148.27m
522165 Indsil Hydro Power and Manganese
1.6xn/aUS$16.64m
PRAKASHSTL Prakash Steelage
3.8xn/aUS$16.58m
RAJRATAN 34.3xIndustry Avg. 24.2xNo. of Companies25PE01632486480+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RAJRATAN is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the Indian Metals and Mining industry average (24.2x).


Price to Earnings Ratio vs Fair Ratio

What is RAJRATAN's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RAJRATAN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio34.3x
Fair PE Ratio28.9x

Price-To-Earnings vs Fair Ratio: RAJRATAN is expensive based on its Price-To-Earnings Ratio (34.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.9x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst RAJRATAN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹501.50
₹742.50
+48.1%
17.2%₹917.00₹602.00n/a4
Nov ’25₹540.10
₹742.50
+37.5%
17.2%₹917.00₹602.00n/a4
Oct ’25₹560.25
₹747.75
+33.5%
16.3%₹917.00₹623.00n/a4
Sep ’25₹597.70
₹747.75
+25.1%
16.3%₹917.00₹623.00n/a4
Aug ’25₹614.70
₹747.75
+21.6%
16.3%₹917.00₹623.00n/a4
Jul ’25₹587.65
₹772.00
+31.4%
17.7%₹917.00₹630.00n/a4
Jun ’25₹525.35
₹772.00
+46.9%
17.7%₹917.00₹630.00n/a4
May ’25₹624.05
₹772.00
+23.7%
17.7%₹917.00₹630.00n/a4
Apr ’25₹613.85
₹872.25
+42.1%
17.1%₹1,040.00₹709.00n/a4
Mar ’25₹652.85
₹872.25
+33.6%
17.1%₹1,040.00₹709.00n/a4
Feb ’25₹669.50
₹872.25
+30.3%
17.1%₹1,040.00₹709.00n/a4
Jan ’25₹767.20
₹908.00
+18.4%
12.5%₹1,040.00₹778.00n/a4
Dec ’24₹738.90
₹908.00
+22.9%
12.5%₹1,040.00₹778.00n/a4
Nov ’24₹725.95
₹908.00
+25.1%
12.5%₹1,040.00₹778.00₹540.104
Oct ’24₹769.80
₹832.33
+8.1%
17.6%₹1,040.00₹726.00₹560.253
Sep ’24₹744.55
₹832.33
+11.8%
17.6%₹1,040.00₹726.00₹597.703
Aug ’24₹753.90
₹832.33
+10.4%
17.6%₹1,040.00₹726.00₹614.703
Jul ’24₹836.45
₹921.33
+10.1%
10.7%₹1,040.00₹798.00₹587.653
Jun ’24₹767.15
₹921.33
+20.1%
10.7%₹1,040.00₹798.00₹525.353
May ’24₹788.50
₹921.33
+16.8%
10.7%₹1,040.00₹798.00₹624.053
Apr ’24₹742.85
₹952.67
+28.2%
8.5%₹1,040.00₹844.00₹613.853
Mar ’24₹724.50
₹952.67
+31.5%
8.5%₹1,040.00₹844.00₹652.853
Feb ’24₹771.30
₹952.67
+23.5%
8.5%₹1,040.00₹844.00₹669.503
Jan ’24₹892.50
₹1,012.33
+13.4%
12.6%₹1,153.00₹844.00₹767.203
Dec ’23₹937.40
₹1,012.33
+8.0%
12.6%₹1,153.00₹844.00₹738.903
Nov ’23₹909.80
₹1,012.33
+11.3%
12.6%₹1,153.00₹844.00₹725.953

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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