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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 PTranacentral Bajatama Tbk's Debt-to-Equity or its related term are showing as below:
ISX:BAJA'
s Debt-to-Equity Range Over the Past 10 Years
Min: -13.36 Med: 2.58 Max: 39.19
Current: 9.84
During the past 13 years, the highest Debt-to-Equity Ratio of PTranacentral Bajatama Tbk was 39.19. The lowest was -13.36. And the median was 2.58.
ISX:BAJA's Debt-to-Equity is ranked worse than 99.09% of 548
companies
in the Steel industry
Industry Median: 0.41
vs ISX:BAJA: 9.84
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.
PTranacentral Bajatama Tbk Debt-to-Equity Related Terms
PTranacentral Bajatama Tbk Debt-to-Equity Historical Data
* 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.
ISX:BAJA vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, PTranacentral Bajatama Tbk'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.
PTranacentral Bajatama Tbk Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, PTranacentral Bajatama Tbk's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PTranacentral Bajatama Tbk'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.
PTranacentral Bajatama Tbk (ISX:BAJA) has a Debt-to-Equity of 9.84 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PTranacentral Bajatama Tbk and its competitors. This is 281% above median its historical median of 2.58. According to the industry distribution chart, PTranacentral Bajatama Tbk ranks #543 out of 548 companies in the Steel industry, placing it in the top 99.1%.
Is PTranacentral Bajatama Tbk's Debt-to-Equity too high?
PTranacentral Bajatama Tbk's current Debt-to-Equity of 9.84 is 281% above median its 10-year median of 2.58. The Steel industry median Debt-to-Equity is 0.41. PTranacentral Bajatama Tbk's value of 9.84 is 2300% above this industry median. Based on the distribution chart, PTranacentral Bajatama Tbk ranks #543 out of 548 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, PTranacentral Bajatama Tbk has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PTranacentral Bajatama Tbk's Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, PTranacentral Bajatama Tbk ranks #543 out of 548 companies for Debt-to-Equity. This places PTranacentral Bajatama Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.41. PTranacentral Bajatama Tbk's value of 9.84 is 2300% above this benchmark. While the company's 10-year median is 2.58 vs. the industry median of 0.41, PTranacentral Bajatama Tbk has consistently been above the industry average. 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 0.41, based on 548 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. PTranacentral Bajatama Tbk's current Debt-to-Equity of 9.84 is 2300% above the industry median. 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 PTranacentral Bajatama Tbk and its competitors. For the Steel industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PTranacentral Bajatama Tbk's current Debt-to-Equity is 9.84, which is 281% above median its own 10-year median of 2.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PTranacentral Bajatama Tbk stock overvalued right now?
Based on GuruFocus' analysis, PTranacentral Bajatama Tbk (ISX:BAJA) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp155.24, compared to a current price of Rp274.00 — trading 76.5% above its estimated fair value. The current Debt-to-Equity is 9.84, which is 281% above median its 10-year median of 2.58 and 2300% above the Steel industry median of 0.41. PTranacentral Bajatama Tbk's overall GF Score™ is 51/100 with 5 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 PTranacentral Bajatama Tbk (ISX:BAJA), the current Debt-to-Equity is 9.84 as of Jun. 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 PTranacentral Bajatama Tbk (ISX:BAJA) Overvalued in 2026?
Based on GuruFocus' analysis, PTranacentral Bajatama Tbk stock appears to be overvalued.
The current stock price of Rp274.00 is trading 76.5% above its estimated GF Value™ of Rp155.24.
GuruFocus considers PTranacentral Bajatama Tbk to be Significantly Overvalued.
Key valuation signals for ISX:BAJA:
Debt-to-Equity: 9.84 (281% above median its 10-year median of 2.58)
GF Value™: Rp155.24 vs. price of Rp274.00 (76.5% above fair value)
Industry Position: 2300% above the Steel median (#543 of 548)
No single metric tells the full story. See the ISX:BAJA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Saranacentral Bajatama Tbk is involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, Saranalume aluminum-zinc-coated steel, and Sarancolor painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments, including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.
51GF Score
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