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Ramco IndustriesNSE:RAMCOIND +1.77%75 Equity-to-Asset is 0.91 as of Mar. 2026, which is 3% above its 10-year median of 0.88. GuruFocus rates NSE:RAMCOIND with a GF Score™ of 75/100 and a GF Value™ of ₹278.18 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,787 Construction companies, Ramco Industries ranks better than 98.43% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ramco Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₹45,220 Mil. Ramco Industries's Total Assets for the quarter that ended in Mar. 2026 was ₹49,770 Mil.
Therefore, Ramco Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.91.
The historical rank and industry rank for Ramco Industries's Equity-to-Asset or its related term are showing as below:
NSE:RAMCOIND'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.83 Med: 0.88 Max: 0.91
Current: 0.91
During the past 13 years, the highest Equity to Asset Ratio of Ramco Industries was 0.91. The lowest was 0.83. And the median was 0.88.
NSE:RAMCOIND's Equity-to-Asset is ranked better than 98.43% of 1787
companies
in the Construction industry
Industry Median: 0.45
vs NSE:RAMCOIND: 0.91
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%.
Ramco Industries Equity-to-Asset Related Terms
Ramco Industries Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Ramco Industries'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.
NSE:RAMCOIND vs TT, JCI, CARR: Equity-to-Asset Comparison
For the Building Products & Equipment subindustry, Ramco Industries'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.
Ramco Industries Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, Ramco Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Ramco Industries'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.
Ramco Industries's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Ramco Industries (NSE:RAMCOIND) has a Equity-to-Asset of 0.91 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ramco Industries and its competitors. This is near median its historical median of 0.88. Over the past decade, Ramco Industries' Equity-to-Asset has ranged from 0.83 to 0.91. According to the industry distribution chart, Ramco Industries ranks #28 out of 1787 companies in the Construction industry, placing it in the top 1.6%.
Is Ramco Industries' Equity-to-Asset too high?
Ramco Industries' current Equity-to-Asset of 0.91 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 0.91. The Construction industry median Equity-to-Asset is 0.45. Ramco Industries' value of 0.91 is 102.2% above this industry median. Based on the distribution chart, Ramco Industries ranks #28 out of 1787 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ramco Industries has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Industries' Equity-to-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Ramco Industries ranks #28 out of 1787 companies for Equity-to-Asset. This places Ramco Industries in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.45. Ramco Industries' value of 0.91 is 102.2% above this benchmark. Historically, Ramco Industries' own Equity-to-Asset has ranged from 0.83 to 0.91 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.45, Ramco Industries 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,787 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. Ramco Industries's current Equity-to-Asset of 0.91 is 102.2% 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 Ramco Industries and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ramco Industries's current Equity-to-Asset is 0.91, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Industries stock overvalued right now?
Based on GuruFocus' analysis, Ramco Industries (NSE:RAMCOIND) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹278.18, compared to a current price of ₹339.65 — trading 22.1% above its estimated fair value. The current Equity-to-Asset is 0.91, which is near median its 10-year median of 0.88 and 102.2% above the Construction industry median of 0.45. Ramco Industries' overall GF Score™ is 75/100 with 4 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 Ramco Industries (NSE:RAMCOIND), the current Equity-to-Asset is 0.91 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 Industries (NSE:RAMCOIND) Overvalued in 2026?
Based on GuruFocus' analysis, Ramco Industries stock appears to be overvalued.
The current stock price of ₹339.65 is trading 22.1% above its estimated GF Value™ of ₹278.18.
GuruFocus considers Ramco Industries to be Modestly Overvalued.
Key valuation signals for NSE:RAMCOIND:
Equity-to-Asset: 0.91 (near median its 10-year median of 0.88)
GF Value™: ₹278.18 vs. price of ₹339.65 (22.1% above fair value)
Industry Position: 102.2% above the Construction median (#28 of 1787)
No single metric tells the full story. See the NSE:RAMCOIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramco Industries Ltd produces fiber cement sheets and cotton yarn in India. The company is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). It operates through three segments namely building products, textiles, and wind power generation. The company generates maximum revenue from the building products segment. Geographically, it operates only in India.
75GF Score
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