Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
The historical rank and industry rank for Vardhman Special Steels's Equity-to-Asset or its related term are showing as below:
NSE:VSSL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.55 Max: 0.78
Current: 0.78
During the past 13 years, the highest Equity to Asset Ratio of Vardhman Special Steels was 0.78. The lowest was 0.30. And the median was 0.55.
NSE:VSSL's Equity-to-Asset is ranked better than 81.29% of 636
companies
in the Steel industry
Industry Median: 0.545
vs NSE:VSSL: 0.78
Vardhman Special Steels (NSE:VSSL) 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%.
Vardhman Special Steels Equity-to-Asset Related Terms
Vardhman Special Steels Equity-to-Asset 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:VSSL vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, Vardhman Special Steels'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.
Vardhman Special Steels Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Vardhman Special Steels's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Vardhman Special Steels's Equity-to-Asset falls into.
Vardhman Special Steels Equity-to-Asset Calculation
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.
Vardhman Special Steels'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.
Vardhman Special Steels (NSE:VSSL) has a Equity-to-Asset of 0.00 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Vardhman Special Steels and its competitors. Over the past decade, Vardhman Special Steels' Equity-to-Asset has ranged from 0.30 to 0.78. According to the industry distribution chart, Vardhman Special Steels ranks #119 out of 636 companies in the Steel industry, placing it in the top 18.7%.
Is Vardhman Special Steels' Equity-to-Asset too high?
Vardhman Special Steels' current Equity-to-Asset is 0.00. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.78. Based on the distribution chart, Vardhman Special Steels ranks #119 out of 636 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Vardhman Special Steels has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vardhman Special Steels' Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Vardhman Special Steels ranks #119 out of 636 companies for Equity-to-Asset. This places Vardhman Special Steels in the top 19% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Historically, Vardhman Special Steels' own Equity-to-Asset has ranged from 0.30 to 0.78 over the past decade. 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. 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 Vardhman Special Steels 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. Vardhman Special Steels's current Equity-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vardhman Special Steels stock overvalued right now?
Based on GuruFocus' analysis, Vardhman Special Steels (NSE:VSSL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹226.59, compared to a current price of ₹296.90 — trading 31% above its estimated fair value. The current Equity-to-Asset is 0.00. Vardhman Special Steels' overall GF Score™ is 76/100 with 8 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 Vardhman Special Steels (NSE:VSSL), the current Equity-to-Asset is 0.00 as of Jun. 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 Vardhman Special Steels (NSE:VSSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vardhman Special Steels stock appears to be overvalued.
The current stock price of ₹296.90 is trading 31% above its estimated GF Value™ of ₹226.59.
GuruFocus considers Vardhman Special Steels to be Modestly Overvalued.
Key valuation signals for NSE:VSSL:
Equity-to-Asset: 0.00
GF Value™: ₹226.59 vs. price of ₹296.90 (31% above fair value)
No single metric tells the full story. See the NSE:VSSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vardhman Special Steels Ltd is engaged in manufacturing steel bars and rods. The company caters to diverse requirements of hot-rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries. Its products include Carbon steel, Carbon manganese steel, Chrome steel, Chrome manganese steel, Chrome moly steel, Boron steel, Vanadium steel, and Ball bearing steel. The company manufactures products using techniques such as Steel melting, Rolling Mill, Heat treatment and Bright bar shop. It generates a majority of its revenue from the sale of black bars. The company's operations are mainly located within India and also has a presence outside India.
76GF Score
Get the complete analysis for NSE:VSSL
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:VSSL has been successfully added to your 
