Ramco SystemsNSE:RAMCOSYS -3.79%56 Debt-to-Equity is 0.12 as of Mar. 2026, which is 8% below its 10-year median of 0.13. GuruFocus rates NSE:RAMCOSYS with a GF Score™ of 56/100 and a GF Value™ of ₹460.39 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 2,238 Software companies, Ramco Systems ranks better than 61.3% on this metric.
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 Ramco Systems's Debt-to-Equity or its related term are showing as below:
NSE:RAMCOSYS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.13 Max: 0.28
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of Ramco Systems was 0.28. The lowest was 0.01. And the median was 0.13.
NSE:RAMCOSYS's Debt-to-Equity is ranked better than 61.3% of 2238
companies
in the Software industry
Industry Median: 0.2
vs NSE:RAMCOSYS: 0.12
Ramco Systems (NSE:RAMCOSYS) 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.
Ramco Systems Debt-to-Equity Related Terms
Ramco Systems Debt-to-Equity Historical Data
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The historical data trend for Ramco Systems'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.
NSE:RAMCOSYS vs UBER, SHOP, CRM: Debt-to-Equity Comparison
For the Software - Application subindustry, Ramco Systems'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.
Ramco Systems Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Ramco Systems's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ramco Systems'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.
Ramco Systems (NSE:RAMCOSYS) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ramco Systems and its competitors. This is near median its historical median of 0.13. Over the past decade, Ramco Systems' Debt-to-Equity has ranged from 0.01 to 0.28. According to the industry distribution chart, Ramco Systems ranks #866 out of 2238 companies in the Software industry, placing it in the top 38.7%.
Is Ramco Systems' Debt-to-Equity too high?
Ramco Systems' current Debt-to-Equity of 0.12 is near median its 10-year median of 0.13. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.28. The Software industry median Debt-to-Equity is 0.20. Ramco Systems' value of 0.12 is 40% below this industry median. Based on the distribution chart, Ramco Systems ranks #866 out of 2238 companies in the Software industry, which is above the industry midpoint. Overall, Ramco Systems has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Systems' Debt-to-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Ramco Systems ranks #866 out of 2238 companies for Debt-to-Equity. This puts Ramco Systems in the upper half of its industry. The industry median Debt-to-Equity is 0.20. Ramco Systems' value of 0.12 is 40% below this benchmark. Historically, Ramco Systems' own Debt-to-Equity has ranged from 0.01 to 0.28 over the past decade. While the company's 10-year median is 0.13 vs. the industry median of 0.20, Ramco Systems 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,238 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. Ramco Systems's current Debt-to-Equity of 0.12 is 40% 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 Ramco Systems and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Systems's current Debt-to-Equity is 0.12, which is near median its own 10-year median of 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Systems stock overvalued right now?
Based on GuruFocus' analysis, Ramco Systems (NSE:RAMCOSYS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹460.39, compared to a current price of ₹805.60 — trading 75% above its estimated fair value. The current Debt-to-Equity is 0.12, which is near median its 10-year median of 0.13 and 40% below the Software industry median of 0.20. Ramco Systems' overall GF Score™ is 56/100 with 4 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 Ramco Systems (NSE:RAMCOSYS), the current Debt-to-Equity is 0.12 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 Ramco Systems (NSE:RAMCOSYS) Overvalued in 2026?
Based on GuruFocus' analysis, Ramco Systems stock appears to be overvalued.
The current stock price of ₹805.60 is trading 75% above its estimated GF Value™ of ₹460.39.
GuruFocus considers Ramco Systems to be Significantly Overvalued.
Key valuation signals for NSE:RAMCOSYS:
Debt-to-Equity: 0.12 (near median its 10-year median of 0.13)
GF Value™: ₹460.39 vs. price of ₹805.60 (75% above fair value)
Industry Position: 40% below the Software median (#866 of 2238)
No single metric tells the full story. See the NSE:RAMCOSYS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramco Systems Ltd develops software and software products for human capital management, payroll, enterprise resource management, monitoring and evaluation, and maintenance, repair, and overhaul providers in the Aviation industry. The company develops software through its enterprise application assembly and delivery platform Ramco VirtualWorks for transaction systems and Ramco Decision Works for analytics/reporting. The product portfolio of the company includes aviation, aerospace & defense management software, enterprise resource planning software, and payroll & logistics software on the cloud. It as only one operating segment which is Software Solutions & Services.
56GF Score
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