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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 Astra Microwave Products's Debt-to-Equity or its related term are showing as below:
NSE:ASTRAMICRO'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.22 Max: 0.39
Current: 0.22
During the past 13 years, the highest Debt-to-Equity Ratio of Astra Microwave Products was 0.39. The lowest was 0.03. And the median was 0.22.
NSE:ASTRAMICRO's Debt-to-Equity is ranked better than 56.26% of 2220
companies
in the Hardware industry
Industry Median: 0.28
vs NSE:ASTRAMICRO: 0.22
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.
Astra Microwave Products Debt-to-Equity Related Terms
Astra Microwave Products 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.
NSE:ASTRAMICRO vs CSCO, MSI, HPE: Debt-to-Equity Comparison
For the Communication Equipment subindustry, Astra Microwave Products'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.
Astra Microwave Products Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Astra Microwave Products's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Astra Microwave Products'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.
Astra Microwave Products (NSE:ASTRAMICRO) has a Debt-to-Equity of 0.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Astra Microwave Products and its competitors. This is near median its historical median of 0.22. Over the past decade, Astra Microwave Products' Debt-to-Equity has ranged from 0.03 to 0.39. According to the industry distribution chart, Astra Microwave Products ranks #971 out of 2220 companies in the Hardware industry, placing it in the top 43.7%.
Is Astra Microwave Products' Debt-to-Equity too high?
Astra Microwave Products' current Debt-to-Equity of 0.22 is near median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.39. The Hardware industry median Debt-to-Equity is 0.28. Astra Microwave Products' value of 0.22 is 21.4% below this industry median. Based on the distribution chart, Astra Microwave Products ranks #971 out of 2220 companies in the Hardware industry, which is above the industry midpoint. Overall, Astra Microwave Products has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Astra Microwave Products' Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Astra Microwave Products ranks #971 out of 2220 companies for Debt-to-Equity. This puts Astra Microwave Products in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Astra Microwave Products' value of 0.22 is 21.4% below this benchmark. Historically, Astra Microwave Products' own Debt-to-Equity has ranged from 0.03 to 0.39 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.28, Astra Microwave Products has consistently been below 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,220 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. Astra Microwave Products's current Debt-to-Equity of 0.22 is 21.4% below 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 Astra Microwave Products and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astra Microwave Products's current Debt-to-Equity is 0.22, which is near median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astra Microwave Products stock overvalued right now?
Based on GuruFocus' analysis, Astra Microwave Products (NSE:ASTRAMICRO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,003.66, compared to a current price of ₹1,840.00 — trading 83.3% above its estimated fair value. The current Debt-to-Equity is 0.22, which is near median its 10-year median of 0.22 and 21.4% below the Hardware industry median of 0.28. Astra Microwave Products' overall GF Score™ is 66/100 with 7 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 Astra Microwave Products (NSE:ASTRAMICRO), the current Debt-to-Equity is 0.22 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 Astra Microwave Products (NSE:ASTRAMICRO) Overvalued in 2026?
Based on GuruFocus' analysis, Astra Microwave Products stock appears to be overvalued.
The current stock price of ₹1,840.00 is trading 83.3% above its estimated GF Value™ of ₹1,003.66.
GuruFocus considers Astra Microwave Products to be Significantly Overvalued.
Key valuation signals for NSE:ASTRAMICRO:
Debt-to-Equity: 0.22 (near median its 10-year median of 0.22)
GF Value™: ₹1,003.66 vs. price of ₹1,840.00 (83.3% above fair value)
Industry Position: 21.4% below the Hardware median (#971 of 2220)
No single metric tells the full story. See the NSE:ASTRAMICRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Astra Microwave Products Ltd is engaged in designing and manufacturing radio frequency (RF) and microwave super components and sub-systems finding applications in defense, space, telecom, meteorology, and civil communication systems. The principal activity of the company is to carry on the business to manufacture, produce, assemble, repair, maintain, importing, export, buy, sell, or otherwise deal in all kinds of electronic items and components.
66GF Score
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