Ruby Mills Experiences Valuation Grade Change Amidst Challenging Market Conditions

Ruby Mills, a microcap player in the Garments & Apparels industry, has recently undergone a valuation adjustment. The company's current price stands at 209.70, reflecting a slight decline from the previous close of 214.30. Over the past year, Ruby Mills has experienced a stock return of -2.12%, contrasting with a 9.70% return from the Sensex, indicating a lag in performance relative to the broader market.
Key financial metrics for Ruby Mills include a PE ratio of 16.50 and an EV to EBITDA ratio of 16.67. The company also reports a return on equity (ROE) of 7.08% and a return on capital employed (ROCE) of 4.97%. In comparison to its peers, Ruby Mills maintains a competitive position, with its valuation metrics aligning closely with those of Century Enka, which has a PE ratio of 14.91, and Mafatlal Industries, which boasts a more attractive PE of 8.85.

Despite the recent valuation adjustment, Ruby Mills continues to navigate a challenging market landscape, with its performance metrics reflecting the broader trends within the garments and apparel sector.