Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for G J Steel PCL's Debt-to-Equity or its related term are showing as below:
During the past 13 years, the highest Debt-to-Equity Ratio of G J Steel PCL was 0.21. The lowest was 0.00. And the median was 0.08.
BKK:GJS's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.4 * Ranked among companies with meaningful Debt-to-Equity only.
G J Steel PCL (BKK:GJS) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
G J Steel PCL Debt-to-Equity Related Terms
G J Steel PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for G J Steel PCL's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BKK:GJS vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, G J Steel PCL's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
G J Steel PCL Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, G J Steel PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where G J Steel PCL's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
G J Steel PCL (BKK:GJS) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on G J Steel PCL and its competitors. According to the industry distribution chart, G J Steel PCL ranks #999999 out of 547 companies in the Steel industry.
Is G J Steel PCL's Debt-to-Equity too high?
G J Steel PCL's current Debt-to-Equity is 0.00. Based on the distribution chart, G J Steel PCL ranks #999999 out of 547 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, G J Steel PCL has a GF Score™ of 33/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G J Steel PCL's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, G J Steel PCL ranks #999999 out of 547 companies for Debt-to-Equity. This places G J Steel PCL in the lower half of its industry. The industry median Debt-to-Equity is 0.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 547 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on G J Steel PCL and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G J Steel PCL's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is G J Steel PCL stock overvalued right now?
Based on GuruFocus' analysis, G J Steel PCL (BKK:GJS) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿0.16, compared to a current price of ฿0.13 — trading 18.8% below its estimated fair value. The current Debt-to-Equity is 0.00. G J Steel PCL's overall GF Score™ is 33/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For G J Steel PCL (BKK:GJS), the current Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is G J Steel PCL (BKK:GJS) Overvalued in 2026?
Based on GuruFocus' analysis, G J Steel PCL stock appears to be undervalued.
The current stock price of ฿0.13 is trading 18.8% below its estimated GF Value™ of ฿0.16.
GuruFocus considers G J Steel PCL to be Modestly Undervalued.
Key valuation signals for BKK:GJS:
Debt-to-Equity: 0.00
GF Value™: ฿0.16 vs. price of ฿0.13 (18.8% below fair value)
No single metric tells the full story. See the BKK:GJS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
G J Steel PCL is engaged in the manufacturing and distribution of hot rolled coil steel products. Its main products are hot-rolled coils (HRC) and tempered hot-rolled coils. The company distributes its products which are further used as a raw material to produce various products like, automotive parts, gas cylinder, pressure vessel, home appliance, and pipes. The company operates in a single segment, which is manufacturing of hot rolled coil steel products. Geographically, it operates and generates revenue only from Thailand.
33GF Score
Get the complete analysis for BKK:GJS
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:GJS has been successfully added to your 
