G J Steel PCLBKK:GJS -7.14%26 Gross Margin % is 2.31% as of Mar. 2026, which is 75% above its 10-year median of 1.32. GuruFocus rates BKK:GJS with a GF Score™ of 26/100 and a GF Value™ of ฿0.16 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 597 Steel companies, G J Steel PCL ranks worse than 95.98% on this metric.
The historical rank and industry rank for G J Steel PCL's Gross Margin % or its related term are showing as below:
BKK:GJS'
s Gross Margin % Range Over the Past 10 Years
Min: -4.73 Med: 1.32 Max: 21.85
Current: -1.94
During the past 13 years, the highestGross Margin % of G J Steel PCL was 21.85%. The lowest was -4.73%. And the median was 1.32%.
BKK:GJS's Gross Margin % is ranked worse than 95.98% of 597
companies
in the Steel industry
Industry Median: 12.6
vs BKK:GJS: -1.94
G J Steel PCL had a gross margin of 2.31% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for G J Steel PCL was 0.00% per year.
G J Steel PCL (BKK:GJS) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
G J Steel PCL had a gross margin of 2.31% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
G J Steel PCL Gross Margin % Related Terms
G J Steel PCL Gross Margin % Historical Data
* Premium members only.
The historical data trend for G J Steel PCL's Gross Margin % 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: Gross Margin % Comparison
For the Steel subindustry, G J Steel PCL's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, G J Steel PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where G J Steel PCL's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
G J Steel PCL (BKK:GJS) has a Gross Margin % of 2.31% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on G J Steel PCL and its competitors. This is 75% above median its historical median of 1.32. According to the industry distribution chart, G J Steel PCL ranks #573 out of 597 companies in the Steel industry, placing it in the top 96%.
Is G J Steel PCL's Gross Margin % too high?
G J Steel PCL's current Gross Margin % of 2.31% is 75% above median its 10-year median of 1.32. The Steel industry median Gross Margin % is 12.60. G J Steel PCL's value of 2.31% is 81.7% below this industry median. Based on the distribution chart, G J Steel PCL ranks #573 out of 597 companies in the Steel industry, which is in the bottom quartile 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 Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, G J Steel PCL ranks #573 out of 597 companies for Gross Margin %. This places G J Steel PCL in the lower half of its industry. The industry median Gross Margin % is 12.60. G J Steel PCL's value of 2.31% is 81.7% below this benchmark. While the company's 10-year median is 1.32 vs. the industry median of 12.60, G J Steel 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 Gross Margin % for a Steel company?
The median Gross Margin % among Steel companies is 12.60, based on 597 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. G J Steel PCL's current Gross Margin % of 2.31% is 81.7% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on G J Steel PCL and its competitors. For the Steel industry, the median Gross Margin % is 12.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. G J Steel PCL's current Gross Margin % is 2.31%, which is 75% above median its own 10-year median of 1.32. 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 ฿0.13 — trading 18.8% below its estimated fair value. The current Gross Margin % is 2.31%, which is 75% above median its 10-year median of 1.32 and 81.7% below the Steel industry median of 12.60. G J Steel PCL's overall GF Score™ is 26/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For G J Steel PCL (BKK:GJS), the current Gross Margin % is 2.31% 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 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 ฿0.13 is trading 18.8% below its estimated GF Value™ of ฿0.16.
GuruFocus considers G J Steel PCL to be Modestly Undervalued.
Key valuation signals for BKK:GJS:
Gross Margin %: 2.31% (75% above median its 10-year median of 1.32)
GF Value™: ฿0.16 vs. price of ฿0.13 (18.8% below fair value)
Industry Position: 81.7% below the Steel median (#573 of 597)
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
Get the complete analysis for BKK:GJS
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:GJS has been successfully added to your 
