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 peers, Ram Ratna Wires holds a higher PE ratio than Hindustan Zinc, which is at 19.47, and Vedanta, which is at 15.26, indicating that while it is fairly valued, it remains on the higher end of the spectrum within its industry. Notably, the company has outperformed the Sensex with a year-to-date return of 11.88% compared to the Sensex's 8.22%, reinforcing its current valuation stance.