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G J Steel PCLBKK:GJS -7.69%26 Equity-to-Asset is 0.83 as of Mar. 2026, which is 2% below its 10-year median of 0.85. GuruFocus rates BKK:GJS with a GF Score™ of 26/100 and a GF Value™ of ฿0.16 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 635 Steel companies, G J Steel PCL ranks better than 87.72% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. G J Steel PCL's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ฿10,075 Mil. G J Steel PCL's Total Assets for the quarter that ended in Mar. 2026 was ฿12,184 Mil.
Therefore, G J Steel PCL's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.83.
The historical rank and industry rank for G J Steel PCL's Equity-to-Asset or its related term are showing as below:
BKK:GJS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.85 Max: 0.95
Current: 0.83
During the past 13 years, the highest Equity to Asset Ratio of G J Steel PCL was 0.95. The lowest was 0.67. And the median was 0.85.
BKK:GJS's Equity-to-Asset is ranked better than 87.72% of 635
companies
in the Steel industry
Industry Median: 0.54
vs BKK:GJS: 0.83
G J Steel PCL (BKK:GJS) 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%.
G J Steel PCL Equity-to-Asset Related Terms
G J Steel PCL Equity-to-Asset Historical Data
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The historical data trend for G J Steel 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:GJS vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, G J Steel 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.
G J Steel PCL Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, G J Steel PCL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where G J Steel 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.
G J Steel 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.
G J Steel PCL (BKK:GJS) has a Equity-to-Asset of 0.83 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on G J Steel PCL and its competitors. This is near median its historical median of 0.85. Over the past decade, G J Steel PCL's Equity-to-Asset has ranged from 0.67 to 0.95. According to the industry distribution chart, G J Steel PCL ranks #78 out of 635 companies in the Steel industry, placing it in the top 12.3%.
Is G J Steel PCL's Equity-to-Asset too high?
G J Steel PCL's current Equity-to-Asset of 0.83 is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 0.95. The Steel industry median Equity-to-Asset is 0.54. G J Steel PCL's value of 0.83 is 53.7% above this industry median. Based on the distribution chart, G J Steel PCL ranks #78 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, G J Steel PCL has a GF Score™ of 26/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does G J Steel PCL's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, G J Steel PCL ranks #78 out of 635 companies for Equity-to-Asset. This places G J Steel PCL in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.54. G J Steel PCL's value of 0.83 is 53.7% above this benchmark. Historically, G J Steel PCL's own Equity-to-Asset has ranged from 0.67 to 0.95 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 0.54, G J Steel PCL 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 Equity-to-Asset for a Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 635 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. G J Steel PCL's current Equity-to-Asset of 0.83 is 53.7% 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 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 G J Steel PCL and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G J Steel PCL's current Equity-to-Asset is 0.83, which is near median its own 10-year median of 0.85. 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 ฿0.12 — trading 25% below its estimated fair value. The current Equity-to-Asset is 0.83, which is near median its 10-year median of 0.85 and 53.7% above the Steel industry median of 0.54. G J Steel PCL's overall GF Score™ is 26/100 with 3 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 G J Steel PCL (BKK:GJS), the current Equity-to-Asset is 0.83 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 ฿0.12 is trading 25% below its estimated GF Value™ of ฿0.16.
GuruFocus considers G J Steel PCL to be Modestly Undervalued.
Key valuation signals for BKK:GJS:
Equity-to-Asset: 0.83 (near median its 10-year median of 0.85)
GF Value™: ฿0.16 vs. price of ฿0.12 (25% below fair value)
Industry Position: 53.7% above the Steel median (#78 of 635)
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.
26GF Score
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