QVC ExportsNSE:QVCEL +1.57%37 Pretax Margin % is 0.84% as of Mar. 2026, which is 27% below its 10-year median of 1.15. GuruFocus rates NSE:QVCEL with a GF Score™ of 37/100. The stock has 2 warning signs investors should review. Among 611 Steel companies, QVC Exports ranks worse than 64.48% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. QVC Exports's Pre-Tax Income for the
six
months ended in Mar. 2026 was ₹20 Mil. QVC Exports's Revenue for the
six
months ended in Mar. 2026 was ₹2,324 Mil. Therefore, QVC Exports's pretax margin for the quarter that ended in Mar. 2026 was 0.84%.
The historical rank and industry rank for QVC Exports's Pretax Margin % or its related term are showing as below:
NSE:QVCEL'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.85 Med: 1.15 Max: 1.97
Current: 0.85
NSE:QVCEL's Pretax Margin % is ranked worse than 64.48% of 611
companies
in the Steel industry
Industry Median: 2.58
vs NSE:QVCEL: 0.85
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.
QVC Exports Pretax Margin % Related Terms
QVC Exports Pretax Margin % Historical Data
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The historical data trend for QVC Exports'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.
NSE:QVCEL vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, QVC Exports'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.
QVC Exports Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, QVC Exports's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where QVC Exports'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.
QVC Exports (NSE:QVCEL) has a Pretax Margin % of 0.84% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on QVC Exports and its competitors. This is 27% below median its historical median of 1.15. Over the past decade, QVC Exports' Pretax Margin % has ranged from 0.85 to 1.97. According to the industry distribution chart, QVC Exports ranks #394 out of 611 companies in the Steel industry, placing it in the top 64.5%.
Is QVC Exports' Pretax Margin % too high?
QVC Exports' current Pretax Margin % of 0.84% is 27% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 1.97. The Steel industry median Pretax Margin % is 2.58. QVC Exports' value of 0.84% is 67.4% below this industry median. Based on the distribution chart, QVC Exports ranks #394 out of 611 companies in the Steel industry, which is below the industry midpoint. Overall, QVC Exports has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does QVC Exports' Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, QVC Exports ranks #394 out of 611 companies for Pretax Margin %. This places QVC Exports in the lower half of its industry. The industry median Pretax Margin % is 2.58. QVC Exports' value of 0.84% is 67.4% below this benchmark. Historically, QVC Exports' own Pretax Margin % has ranged from 0.85 to 1.97 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 2.58, QVC Exports 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 Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.58, based on 611 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. QVC Exports's current Pretax Margin % of 0.84% is 67.4% 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 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 QVC Exports and its competitors. For the Steel industry, the median Pretax Margin % is 2.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QVC Exports's current Pretax Margin % is 0.84%, which is 27% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QVC Exports stock overvalued right now?
QVC Exports (NSE:QVCEL) has a current Pretax Margin % of 0.84%. The current Pretax Margin % is 0.84%, which is 27% below median its 10-year median of 1.15 and 67.4% below the Steel industry median of 2.58. QVC Exports' overall GF Score™ is 37/100 with 2 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 QVC Exports (NSE:QVCEL), the current Pretax Margin % is 0.84% 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.
QVC Exports Ltd is engaged in the business of dealing in ferro alloys, including but not limited to high carbon silico manganese, low carbon silico manganese, high carbon ferro manganese, high carbon ferro chrome, and ferro silicon. It is also engaged in the dealing in raw materials for manufacturing of steel.
37GF Score
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