A ring rolling device includes a drive roller and a rotatable revolving drum, in which five mandrels are rotatably mounted. Ring blanks can be mounted around the mandrels. By rotating the revolver drum, the mandrels move towards and away from the drive roller. The revolver drum is arranged in relation to the drive roller in such a way, that by rotating the revolver drum a decreasing roll gap is formed between a mandrel approaching the drive roller and the drive roller, in which roll gap a ring blank mounted around the mandrel is rolled during the rotating of the revolver drum. The revolver drum has four rotatably mounted support rollers, said support rollers supporting the mandrel in the direction of the rotational axis of the revolving drum, such that, during the rolling process, the mandrel is located between the support rollers and the press element.