Shree Steelwire Ropes (BOM:513488) Asset Turnover: 0.13 (As of Mar. 2026)


BOM:513488 Shree Steelwire Ropes Ltd BOM:513488
39 GF Score
Price ₹22.20
GF Value ₹12.88
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shree Steelwire Ropes Asset Turnover?

Shree Steelwire Ropes BOM:513488 +1.74% 39 Asset Turnover is 0.13 as of Mar. 2026. GuruFocus rates BOM:513488 with a GF Score™ of 39/100 and a GF Value™ of ₹12.88 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Shree Steelwire Ropes's Revenue for the three months ended in Mar. 2026 was ₹18.04 Mil. Shree Steelwire Ropes's Total Assets for the quarter that ended in Mar. 2026 was ₹141.49 Mil. Therefore, Shree Steelwire Ropes's Asset Turnover for the quarter that ended in Mar. 2026 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. Shree Steelwire Ropes's annualized ROE % for the quarter that ended in Mar. 2026 was 1.16%. It is also linked to ROA % through Du Pont Formula. Shree Steelwire Ropes's annualized ROA % for the quarter that ended in Mar. 2026 was 1.05%.

Shree Steelwire Ropes  (BOM:513488) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Shree Steelwire Ropes's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1.48/127.624
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1.48 / 72.172)*(72.172 / 141.494)*(141.494/ 127.624)
=Net Margin %*Asset Turnover*Equity Multiplier
=2.05 %*0.5101*1.1087
=ROA %*Equity Multiplier
=1.05 %*1.1087
=1.16 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Shree Steelwire Ropes's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=1.48/141.494
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.48 / 72.172)*(72.172 / 141.494)
=Net Margin %*Asset Turnover
=2.05 %*0.5101
=1.05 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Shree Steelwire Ropes Asset Turnover Related Terms

Shree Steelwire Ropes Asset Turnover Historical Data

* Premium members only.

The historical data trend for Shree Steelwire Ropes's Asset Turnover 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.

Shree Steelwire Ropes Asset Turnover Chart

Shree Steelwire Ropes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 1.14 0.64 0.76 0.34

Shree Steelwire Ropes Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Dec25 Mar26
Asset Turnover 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 0.18 0.21 0.07 0.00 0.13

BOM:513488 vs NUE, STLD, RS: Asset Turnover Comparison

For the Steel subindustry, Shree Steelwire Ropes's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.

Shree Steelwire Ropes Asset Turnover vs Steel Industry

For the Steel industry and Basic Materials sector, Shree Steelwire Ropes's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Shree Steelwire Ropes's Asset Turnover falls into.


BOM:513488
39GF Score
Shree Steelwire Ropes Ltd BOM:513488
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Steelwire Ropes Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Shree Steelwire Ropes's Asset Turnover for the fiscal year that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Mar. 2026 )/( (Total Assets (A: Mar. 2025 )+Total Assets (A: Mar. 2026 ))/ count )
=48.777/( (146.92+141.494)/ 2 )
=48.777/144.207
=0.34

Shree Steelwire Ropes's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=18.043/( (0+141.494)/ 1 )
=18.043/141.494
=0.13

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.13 mean?
Shree Steelwire Ropes (BOM:513488) has a Asset Turnover of 0.13 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shree Steelwire Ropes and its competitors.
Is Shree Steelwire Ropes' Asset Turnover too high?
Shree Steelwire Ropes' current Asset Turnover is 0.13. Overall, Shree Steelwire Ropes has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Steelwire Ropes' Asset Turnover compare to NUE and STLD?
Shree Steelwire Ropes' Asset Turnover of 0.13 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 Asset Turnover for a Steel company?
A good Asset Turnover depends on the Steel industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Shree Steelwire Ropes and its competitors. Shree Steelwire Ropes's current Asset Turnover is 0.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Steelwire Ropes stock overvalued right now?
Based on GuruFocus' analysis, Shree Steelwire Ropes (BOM:513488) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹12.88, compared to a current price of ₹22.20 — trading 72.4% above its estimated fair value. The current Asset Turnover is 0.13. Shree Steelwire Ropes' overall GF Score™ is 39/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Shree Steelwire Ropes (BOM:513488), the current Asset Turnover is 0.13 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 Shree Steelwire Ropes (BOM:513488) Overvalued in 2026?

Based on GuruFocus' analysis, Shree Steelwire Ropes stock appears to be overvalued. The current stock price of ₹22.20 is trading 72.4% above its estimated GF Value™ of ₹12.88. GuruFocus considers Shree Steelwire Ropes to be Significantly Overvalued.

Key valuation signals for BOM:513488:

  • Asset Turnover: 0.13
  • GF Value™: ₹12.88 vs. price of ₹22.20 (72.4% above fair value)
  • GF Score™: 39/100 with 2 warning signs

No single metric tells the full story. See the BOM:513488 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shree Steelwire Ropes Business Description

Address Plot No. 10, 19th Road, 503, 504, 505, 5th Floor, Shiv Ashish Commercial Complex, Chembur, Mumbai, MH, IND, 400 071
Shree Steelwire Ropes Ltd is an Indian company engaged in manufacturing and supplying steel Wire Rope, Wire Rope Allied Products, and Railway OHE products. It is used in general Engineering, Shipping, Fishing, Mining, Oil Well Exploration, Construction, Aerial Applications, Deep Sea Exploration, and other industries. It operates in one single primary business segment which is Steel Wire Ropes Manufacturing.
39GF Score

Get the complete analysis for BOM:513488

Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹22.20
Price
₹12.88
GF Value