CSP Steel Center PCLBKK:CSP-R 25 Equity-to-Asset is 0.31 as of Mar. 2026, which is 3% below its 10-year median of 0.32. GuruFocus rates BKK:CSP-R with a GF Score™ of 25/100 and a GF Value™ of ฿0.56. The stock has 6 warning signs investors should review. Among 636 Steel companies, CSP Steel Center PCL ranks worse than 83.18% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. CSP Steel Center PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿550 Mil. CSP Steel Center PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿1,790 Mil.
Therefore, CSP Steel Center PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.31.
The historical rank and industry rank for CSP Steel Center PCL's Equity-to-Asset or its related term are showing as below:
BKK:CSP-R'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.32 Max: 0.45
Current: 0.31
During the past 13 years, the highest Equity to Asset Ratio of CSP Steel Center PCL was 0.45. The lowest was 0.21. And the median was 0.32.
BKK:CSP-R's Equity-to-Asset is ranked worse than 83.18% of 636
companies
in the Steel industry
Industry Median: 0.55
vs BKK:CSP-R: 0.31
CSP Steel Center PCL (BKK:CSP-R) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
CSP Steel Center PCL Equity-to-Asset Related Terms
CSP Steel Center PCL Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for CSP Steel Center PCL's Equity-to-Asset 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:CSP-R vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, CSP Steel Center PCL's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
CSP Steel Center PCL Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, CSP Steel Center PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where CSP Steel Center PCL's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
CSP Steel Center PCL's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
CSP Steel Center PCL (BKK:CSP-R) has a Equity-to-Asset of 0.31 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CSP Steel Center PCL and its competitors. This is near median its historical median of 0.32. Over the past decade, CSP Steel Center PCL's Equity-to-Asset has ranged from 0.21 to 0.45. According to the industry distribution chart, CSP Steel Center PCL ranks #529 out of 636 companies in the Steel industry, placing it in the top 83.2%.
Is CSP Steel Center PCL's Equity-to-Asset too high?
CSP Steel Center PCL's current Equity-to-Asset of 0.31 is near median its 10-year median of 0.32. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.45. The Steel industry median Equity-to-Asset is 0.55. CSP Steel Center PCL's value of 0.31 is 43.6% below this industry median. Based on the distribution chart, CSP Steel Center PCL ranks #529 out of 636 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, CSP Steel Center PCL has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does CSP Steel Center PCL's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, CSP Steel Center PCL ranks #529 out of 636 companies for Equity-to-Asset. This places CSP Steel Center PCL in the lower half of its industry. The industry median Equity-to-Asset is 0.55. CSP Steel Center PCL's value of 0.31 is 43.6% below this benchmark. Historically, CSP Steel Center PCL's own Equity-to-Asset has ranged from 0.21 to 0.45 over the past decade. While the company's 10-year median is 0.32 vs. the industry median of 0.55, CSP Steel Center PCL 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 Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.55, based on 636 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CSP Steel Center PCL's current Equity-to-Asset of 0.31 is 43.6% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on CSP Steel Center PCL and its competitors. For the Steel industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSP Steel Center PCL's current Equity-to-Asset is 0.31, which is near median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSP Steel Center PCL stock overvalued right now?
CSP Steel Center PCL (BKK:CSP-R) has a current Equity-to-Asset of 0.31. The stock's GF Value™ is ฿0.56, compared to a current price of ฿0.39 — trading 30.4% below its estimated fair value. The current Equity-to-Asset is 0.31, which is near median its 10-year median of 0.32 and 43.6% below the Steel industry median of 0.55. CSP Steel Center PCL's overall GF Score™ is 25/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For CSP Steel Center PCL (BKK:CSP-R), the current Equity-to-Asset is 0.31 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 CSP Steel Center PCL (BKK:CSP-R) Overvalued in 2026?
Based on GuruFocus' analysis, CSP Steel Center PCL stock appears to be undervalued.
The current stock price of ฿0.39 is trading 30.4% below its estimated GF Value™ of ฿0.56.
Key valuation signals for BKK:CSP-R:
Equity-to-Asset: 0.31 (near median its 10-year median of 0.32)
GF Value™: ฿0.56 vs. price of ฿0.39 (30.4% below fair value)
Industry Position: 43.6% below the Steel median (#529 of 636)
No single metric tells the full story. See the BKK:CSP-R stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSP Steel Center PCL is a Thailand-based firm engaged in the manufacture and sale of sheet steel finished goods and rolled steel pipe. The company's product portfolio includes Cutting cold rolled sheet, Hot rolled steel, Coated sheets in both plate and coil types, Cold rolled steel pipe, and hot rolled steel pipe, among others. Geographically, the company operates in Thailand. The company has a single reportable segment which is the business of distribution of steel products.
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