It looks like it's inflamed. Ringworm is a red circle patch that will continue to get larger if not treated. It's kind of rough feeling but no definite scab. Some skin cancer is raised, with a soft scab, but doesn't look inflamed. I think a vet visit is in order. If it is ringworm and it's not treated in time, the hair will NOT grow back, also, ringworm is contagious to humans and other animals.
Re-read what I wrote...I don't think I was of any help.

Good luck