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P S Raj SteelsNSE:PSRAJ 19 Interest Coverage is 36.36 as of Mar. 2026, which is 453% above its 10-year median of 6.57. GuruFocus rates NSE:PSRAJ with a GF Score™ of 19/100. The stock has 5 warning signs investors should review. Among 457 Steel companies, P S Raj Steels ranks better than 82.28% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. P S Raj Steels's
Operating Income
for the
six
months ended in Mar. 2026 was ₹61 Mil. P S Raj Steels's Interest Expense for the
six
months ended in Mar. 2026 was ₹-2 Mil.
P S Raj Steels's interest coverage for the quarter that ended in Mar. 2026 was 36.36.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for P S Raj Steels's Interest Coverage or its related term are showing as below:
NSE:PSRAJ'
s Interest Coverage Range Over the Past 10 Years
Min: 4.74 Med: 6.57 Max: 35.69
Current: 35.69
NSE:PSRAJ's Interest Coverage is ranked better than 82.28% of 457
companies
in the Steel industry
Industry Median: 4.39
vs NSE:PSRAJ: 35.69
P S Raj Steels (NSE:PSRAJ) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
P S Raj Steels Interest Coverage Related Terms
P S Raj Steels Interest Coverage Historical Data
* Premium members only.
The historical data trend for P S Raj Steels's Interest Coverage 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
NSE:PSRAJ vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, P S Raj Steels's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.
P S Raj Steels Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, P S Raj Steels's Interest Coverage distribution charts can be found below:
* The bar in red indicates where P S Raj Steels's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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.
P S Raj Steels (NSE:PSRAJ) has a Interest Coverage of 36.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on P S Raj Steels and its competitors. This is 453% above median its historical median of 6.57. Over the past decade, P S Raj Steels' Interest Coverage has ranged from 4.74 to 35.69. According to the industry distribution chart, P S Raj Steels ranks #81 out of 457 companies in the Steel industry, placing it in the top 17.7%.
Is P S Raj Steels' Interest Coverage too high?
P S Raj Steels' current Interest Coverage of 36.36 is 453% above median its 10-year median of 6.57. Over the past 10 years, this metric has ranged from a low of 4.74 to a high of 35.69. The Steel industry median Interest Coverage is 4.39. P S Raj Steels' value of 36.36 is 728.2% above this industry median. Based on the distribution chart, P S Raj Steels ranks #81 out of 457 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, P S Raj Steels has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does P S Raj Steels' Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, P S Raj Steels ranks #81 out of 457 companies for Interest Coverage. This places P S Raj Steels in the top 18% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 4.39. P S Raj Steels' value of 36.36 is 728.2% above this benchmark. Historically, P S Raj Steels' own Interest Coverage has ranged from 4.74 to 35.69 over the past decade. While the company's 10-year median is 6.57 vs. the industry median of 4.39, P S Raj Steels 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 Interest Coverage for a Steel company?
The median Interest Coverage among Steel companies is 4.39, based on 457 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. P S Raj Steels's current Interest Coverage of 36.36 is 728.2% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on P S Raj Steels and its competitors. For the Steel industry, the median Interest Coverage is 4.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. P S Raj Steels's current Interest Coverage is 36.36, which is 453% above median its own 10-year median of 6.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P S Raj Steels stock overvalued right now?
P S Raj Steels (NSE:PSRAJ) has a current Interest Coverage of 36.36. The current Interest Coverage is 36.36, which is 453% above median its 10-year median of 6.57 and 728.2% above the Steel industry median of 4.39. P S Raj Steels' overall GF Score™ is 19/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For P S Raj Steels (NSE:PSRAJ), the current Interest Coverage is 36.36 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.
P S Raj Steels Ltd manufactures and supplies stainless steel pipes and tubes in India. The company's product range includes Outer Diameter (OD) Pipes, Nominal Bore (NB) Pipes (from 3/8 inch to 18 inches), Section Pipes (square, rectangular and oval shapes) and Slotted Pipes.
19GF Score
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