No results for ‘’
Ashirwad Steels & Industries Ltd
₹24.20
(3.64%)
Mon, 14 Sept 2026, 08:49 am
Non-Energy Minerals
Steel
24.5KAshirwad Steels & Industries Debt to Equity Ratio
| Particulars | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings ratio | 4.41 | 17.48 | 50.89 | 280.40 | 0 | 14.06 | 11.63 | 0 | 33.27 | 17.52 | 27.68 | 1.74 | 0 | 0 | 4.25 | 1.40 | 21.43 | 16.93 |
| Price to book ratio | 0.35 | 0.13 | 0.34 | 0.33 | 0.33 | 0.22 | 0.09 | 0.11 | 0.12 | 0.26 | 0.27 | 0.22 | 0.20 | 0.23 | 0.32 | 0.30 | 0.60 | 0.47 |
| Price to sales ratio | 0.22 | 0.08 | 0.44 | 0.49 | 0.28 | 0.23 | 0.30 | 1.23 | 0 | 12.58 | 0.66 | 4.77 | 1.37 | 23.77 | 0 | 5.80 | 11 | 9.04 |
| Price to cash flow ratio | 0 | 7.36 | 0 | 0 | 1.71 | 1.04 | 0 | 0.86 | 4.25 | 30.30 | 0 | 0 | 3.07 | 0 | 1.98 | 1.23 | 4.08 | 18.70 |
| Enterprise value | 8.51Cr | 1.32Cr | 4.18Cr | 11.59Cr | 5.62Cr | -5.57Cr | -7.53Cr | -7.06Cr | -13.73Cr | 9.08Cr | 10.72Cr | 12.71Cr | 12.93Cr | 12.41Cr | 16.64Cr | 22.75Cr | 45.84Cr | 38.43Cr |
| Enterprise value to EBITDA ratio | 2.15 | 15.42 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.88 | 13.78 | 11.98 |
| Debt to equity ratio | 0.20 | 0.60 | 0 | 0 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.04 | 0 | 0 | 0 | 0 | 0 |
| Return on equity % | 0 | 0.77 | 0.81 | 0.11 | -7.13 | 1.60 | 0.74 | -0.26 | 0.36 | 1.48 | 0.99 | 13.28 | -6.31 | -0.56 | 7.84 | 24 | 2.83 | 2.80 |
Ashirwad Steels & Industries Ltd Debt to Equity Ratio
The Ashirwad Steels & Industries Ltd Debt to Equity Ratio is a key financial metric used by investors to evaluate Ashirwad Steels & Industries Ltd's valuation, profitability, and overall financial performance. Tracking the Ashirwad Steels & Industries Ltd Debt to Equity Ratio helps investors understand whether the stock is undervalued, fairly valued, or trading at a premium compared to its historical performance and industry peers.
Ashirwad Steels & Industries Ltd (NSE: , BSE: 526847) is currently trading at ₹24.20, with a market capitalization of ₹30.25Cr. As a leading company in the Non-energy minerals sector and Steel industry, monitoring the Ashirwad Steels & Industries Ltd Debt to Equity Ratio is essential for fundamental analysis.
Ashirwad Steels & Industries Ltd Debt to Equity Ratio Current Value
The current Ashirwad Steels & Industries Ltd Debt to Equity Ratio stands at 0.
The Ashirwad Steels & Industries Ltd Debt to Equity Ratio remains stable, indicating consistent financial performance.
Ashirwad Steels & Industries Ltd Debt to Equity Ratio Historical Trend
The Ashirwad Steels & Industries Ltd Debt to Equity Ratio has shown the following historical trend:
- 2024: 0
- 2023: 0
- 2022: 0
- 2021: 0
- 2020: 0
The decline in Ashirwad Steels & Industries Ltd Debt to Equity Ratio indicates improving financial efficiency or better earnings growth.
What Ashirwad Steels & Industries Ltd Debt to Equity Ratio Indicates for Investors
The Ashirwad Steels & Industries Ltd Debt to Equity Ratio plays a crucial role in understanding the company's financial health and valuation.
The D/E ratio measures financial leverage and balance sheet strength.
Ashirwad Steels & Industries Ltd Debt to Equity Ratio Analysis Summary
The Ashirwad Steels & Industries Ltd Debt to Equity Ratio remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Ashirwad Steels & Industries Ltd Debt to Equity Ratio should also monitor related metrics such as P/E, P/B, EV/EBITDA, D/E, and ROE to get a complete fundamental picture.
Regular tracking of Ashirwad Steels & Industries Ltd Debt to Equity Ratio helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.