Steel Exchange IndiaBOM:534748 +2.82%64 Pretax Margin % is 8.92% as of Mar. 2026, which is 1139% above its 10-year median of 0.72. GuruFocus rates BOM:534748 with a GF Score™ of 64/100 and a GF Value™ of ₹8.33 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 610 Steel companies, Steel Exchange India ranks better than 56.23% on this metric.
The historical rank and industry rank for Steel Exchange India's Pretax Margin % or its related term are showing as below:
BOM:534748'
s Pretax Margin % Range Over the Past 10 Years
Min: -23.34 Med: 0.72 Max: 15.88
Current: 3.8
BOM:534748's Pretax Margin % is ranked better than 56.23% of 610
companies
in the Steel industry
Industry Median: 2.585
vs BOM:534748: 3.80
Steel Exchange India (BOM:534748) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Steel Exchange India Pretax Margin % Related Terms
Steel Exchange India Pretax Margin % Historical Data
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The historical data trend for Steel Exchange India's Pretax 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.
BOM:534748 vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Steel Exchange India's Pretax Margin %, along with its competitors' market caps and Pretax 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.
Steel Exchange India Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Steel Exchange India's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Steel Exchange India's Pretax 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.
Steel Exchange India (BOM:534748) has a Pretax Margin % of 8.92% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Steel Exchange India and its competitors. This is 1139% above median its historical median of 0.72. According to the industry distribution chart, Steel Exchange India ranks #267 out of 610 companies in the Steel industry, placing it in the top 43.8%.
Is Steel Exchange India's Pretax Margin % too high?
Steel Exchange India's current Pretax Margin % of 8.92% is 1139% above median its 10-year median of 0.72. The Steel industry median Pretax Margin % is 2.59. Steel Exchange India's value of 8.92% is 245.1% above this industry median. Based on the distribution chart, Steel Exchange India ranks #267 out of 610 companies in the Steel industry, which is above the industry midpoint. Overall, Steel Exchange India has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Steel Exchange India's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Steel Exchange India ranks #267 out of 610 companies for Pretax Margin %. This puts Steel Exchange India in the upper half of its industry. The industry median Pretax Margin % is 2.59. Steel Exchange India's value of 8.92% is 245.1% above this benchmark. While the company's 10-year median is 0.72 vs. the industry median of 2.59, Steel Exchange India 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 Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.59, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steel Exchange India's current Pretax Margin % of 8.92% is 245.1% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Steel Exchange India and its competitors. For the Steel industry, the median Pretax Margin % is 2.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Exchange India's current Pretax Margin % is 8.92%, which is 1139% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Exchange India stock overvalued right now?
Based on GuruFocus' analysis, Steel Exchange India (BOM:534748) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹8.33, compared to a current price of ₹12.74 — trading 52.9% above its estimated fair value. The current Pretax Margin % is 8.92%, which is 1139% above median its 10-year median of 0.72 and 245.1% above the Steel industry median of 2.59. Steel Exchange India's overall GF Score™ is 64/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Steel Exchange India (BOM:534748), the current Pretax Margin % is 8.92% 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 Steel Exchange India (BOM:534748) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Exchange India stock appears to be overvalued.
The current stock price of ₹12.74 is trading 52.9% above its estimated GF Value™ of ₹8.33.
GuruFocus considers Steel Exchange India to be Significantly Overvalued.
Key valuation signals for BOM:534748:
Pretax Margin %: 8.92% (1139% above median its 10-year median of 0.72)
GF Value™: ₹8.33 vs. price of ₹12.74 (52.9% above fair value)
Industry Position: 245.1% above the Steel median (#267 of 610)
No single metric tells the full story. See the BOM:534748 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Exchange India Ltd is engaged in the business of manufacturing and marketing iron and steel products. The company operates in the Iron and Steel and Power segment. The division also deals with the products manufactured by the company, namely TMT bars, Sponge Iron, and Steel billet, and is marketed in some of the coastal regions. The company generates the majority of its revenue from the Iron and steel segment.
64GF Score
Get the complete analysis for BOM:534748
Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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