Is Ram Ratna Wires overvalued or undervalued?

As of 14 November 2025, the valuation grade for Ram Ratna Wires has moved from expensive to fair. The company appears to be fairly valued at this time. Key ratios include a PE ratio of 41.68, an EV to EBITDA of 19.53, and a ROCE of 11.72%.
In comparison to its peers, Ram Ratna Wires has a higher PE ratio than Hindustan Zinc, which stands at 19.47, but is lower than the very expensive Hindustan Copper at 57.06. The PEG ratio of 5.63 indicates that the stock may not be growing at a pace that justifies its current valuation. Notably, the company's stock has outperformed the Sensex over the past three years, with a return of 234.31% compared to the Sensex's 37.22%, reinforcing the notion of a fair valuation amidst strong performance.