Permsin Steel Works PCLBKK:PERM 26 Gross Margin % is 4.49% as of Mar. 2026, which is 6% below its 10-year median of 4.78. GuruFocus rates BKK:PERM with a GF Score™ of 26/100 and a GF Value™ of ฿0.64 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 593 Steel companies, Permsin Steel Works PCL ranks worse than 77.74% on this metric.
BKK:PERM's Gross Margin % is ranked worse than 77.74% of 593
companies
in the Steel industry
Industry Median: 12.6
vs BKK:PERM: 5.67
Permsin Steel Works PCL had a gross margin of 4.49% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Permsin Steel Works PCL was 0.00% per year.
Permsin Steel Works PCL (BKK:PERM) 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
Permsin Steel Works PCL had a gross margin of 4.49% 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.
Permsin Steel Works PCL Gross Margin % Related Terms
Permsin Steel Works PCL Gross Margin % 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.
BKK:PERM vs NUE, STLD, RS: Gross Margin % Comparison
For the Steel subindustry, Permsin Steel Works 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.
Permsin Steel Works PCL Gross Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Permsin Steel Works PCL's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Permsin Steel Works 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.
Permsin Steel Works PCL (BKK:PERM) has a Gross Margin % of 4.49% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Permsin Steel Works PCL and its competitors. This is near median its historical median of 4.78. According to the industry distribution chart, Permsin Steel Works PCL ranks #461 out of 593 companies in the Steel industry, placing it in the top 77.7%.
Is Permsin Steel Works PCL's Gross Margin % too high?
Permsin Steel Works PCL's current Gross Margin % of 4.49% is near median its 10-year median of 4.78. The Steel industry median Gross Margin % is 12.60. Permsin Steel Works PCL's value of 4.49% is 64.4% below this industry median. Based on the distribution chart, Permsin Steel Works PCL ranks #461 out of 593 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Permsin Steel Works PCL has a GF Score™ of 26/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Permsin Steel Works PCL's Gross Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Permsin Steel Works PCL ranks #461 out of 593 companies for Gross Margin %. This places Permsin Steel Works PCL in the lower half of its industry. The industry median Gross Margin % is 12.60. Permsin Steel Works PCL's value of 4.49% is 64.4% below this benchmark. While the company's 10-year median is 4.78 vs. the industry median of 12.60, Permsin Steel Works 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 593 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. Permsin Steel Works PCL's current Gross Margin % of 4.49% is 64.4% 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 Permsin Steel Works 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. Permsin Steel Works PCL's current Gross Margin % is 4.49%, which is near median its own 10-year median of 4.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permsin Steel Works PCL stock overvalued right now?
Based on GuruFocus' analysis, Permsin Steel Works PCL (BKK:PERM) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.64, compared to a current price of ฿0.25 — trading 60.9% below its estimated fair value. The current Gross Margin % is 4.49%, which is near median its 10-year median of 4.78 and 64.4% below the Steel industry median of 12.60. Permsin Steel Works 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 Permsin Steel Works PCL (BKK:PERM), the current Gross Margin % is 4.49% 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 Permsin Steel Works PCL (BKK:PERM) Overvalued in 2026?
Based on GuruFocus' analysis, Permsin Steel Works PCL stock appears to be undervalued.
The current stock price of ฿0.25 is trading 60.9% below its estimated GF Value™ of ฿0.64.
GuruFocus considers Permsin Steel Works PCL to be Possible Value Trap.
Key valuation signals for BKK:PERM:
Gross Margin %: 4.49% (near median its 10-year median of 4.78)
GF Value™: ฿0.64 vs. price of ฿0.25 (60.9% below fair value)
Industry Position: 64.4% below the Steel median (#461 of 593)
No single metric tells the full story. See the BKK:PERM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permsin Steel Works PCL is principally engaged in the manufacture and distribution of hot rolled steel and cold rolled steel, C-channel, galvanized high tensile strength, electro-galvanized steel, C-line, C-U, t-bar, and roll forming metal sheet. The Group has three reportable segments: the Distribution of rolled steel segment, the Manufacturing and distribution of metal sheet segment, and the Manufacturing and distribution of pre-painted steel coil segment. The majority of revenue is from the Manufacturing and distribution of metal sheet segment.
26GF Score
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