Zenith Steel Pipes & Industries (NSE:ZENITHSTL) ROE % Adjusted to Book Value: Negative Equity% (As of Mar. 2026)


NSE:ZENITHSTL Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
47 GF Score
Price ₹5.58
GF Value ₹3.33
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Zenith Steel Pipes & Industries ROE % Adjusted to Book Value?

Zenith Steel Pipes & Industries NSE:ZENITHSTL -1.41% 47 ROE % Adjusted to Book Value is Negative Equity% as of Mar. 2026. GuruFocus rates NSE:ZENITHSTL with a GF Score™ of 47/100 and a GF Value™ of ₹3.33 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Zenith Steel Pipes & Industries's ROE % for the quarter that ended in Mar. 2026 was Negative Equity. Zenith Steel Pipes & Industries's PB Ratio for the quarter that ended in Mar. 2026 was N/A. Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was Negative Equity.


Zenith Steel Pipes & Industries ROE % Adjusted to Book Value Related Terms


Zenith Steel Pipes & Industries ROE % Adjusted to Book Value Historical Data

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The historical data trend for Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value 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.

Zenith Steel Pipes & Industries ROE % Adjusted to Book Value Chart

Zenith Steel Pipes & Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity 0.00 0.00 Negative Equity Negative Equity

Zenith Steel Pipes & Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Equity Negative Equity Negative Equity Negative Equity Negative Equity

NSE:ZENITHSTL vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.


Zenith Steel Pipes & Industries ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value falls into.


NSE:ZENITHSTL
47GF Score
Zenith Steel Pipes & Industries Ltd NSE:ZENITHSTL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Steel Pipes & Industries ROE % Adjusted to Book Value Calculation

Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=Negative Equity / N/A
=Negative Equity

Zenith Steel Pipes & Industries's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=Negative Equity / N/A
=Negative Equity

* 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.

What does a ROE % Adjusted to Book Value of Negative Equity% mean?
Zenith Steel Pipes & Industries (NSE:ZENITHSTL) has a ROE % Adjusted to Book Value of Negative Equity% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Zenith Steel Pipes & Industries and its competitors.
Is Zenith Steel Pipes & Industries' ROE % Adjusted to Book Value too high?
Zenith Steel Pipes & Industries' current ROE % Adjusted to Book Value is Negative Equity%. Overall, Zenith Steel Pipes & Industries has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Steel Pipes & Industries' ROE % Adjusted to Book Value compare to NUE and STLD?
Zenith Steel Pipes & Industries' ROE % Adjusted to Book Value of Negative Equity% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Steel company?
A good ROE % Adjusted to Book Value depends on the Steel industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Zenith Steel Pipes & Industries and its competitors. Zenith Steel Pipes & Industries's current ROE % Adjusted to Book Value is Negative Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Steel Pipes & Industries stock overvalued right now?
Based on GuruFocus' analysis, Zenith Steel Pipes & Industries (NSE:ZENITHSTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹3.33, compared to a current price of ₹5.58 — trading 67.6% above its estimated fair value. The current ROE % Adjusted to Book Value is Negative Equity%. Zenith Steel Pipes & Industries' overall GF Score™ is 47/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Zenith Steel Pipes & Industries (NSE:ZENITHSTL), the current ROE % Adjusted to Book Value is Negative Equity% 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 Zenith Steel Pipes & Industries (NSE:ZENITHSTL) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Steel Pipes & Industries stock appears to be overvalued. The current stock price of ₹5.58 is trading 67.6% above its estimated GF Value™ of ₹3.33. GuruFocus considers Zenith Steel Pipes & Industries to be Significantly Overvalued.

Key valuation signals for NSE:ZENITHSTL:

  • ROE % Adjusted to Book Value: Negative Equity%
  • GF Value™: ₹3.33 vs. price of ₹5.58 (67.6% above fair value)
  • GF Score™: 47/100 with 7 warning signs

No single metric tells the full story. See the NSE:ZENITHSTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Zenith Steel Pipes & Industries Business Description

Other Exchanges 531845:India
Address 206, J.B. Marg, 1st Floor, Dalamal House, Nariman Point, Mumbai, MH, IND, 400021
Zenith Steel Pipes & Industries Ltd is a manufacturer of steel pipes in India. Its product portfolio includes Electric Resistance Welded Black pipes, Electric Resistance Welded GI pipes, HSAW Pipes, and others. The vast majority of its revenue comes from India.
47GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹5.58
Price
₹3.33
GF Value