Ashirwad Steels & Industries Ltd
₹24.28
(3.63%)
Tue, 17 Mar 2026, 09:48 pm
Non-Energy Minerals
Steel
24.5KAshirwad Steels & Industries Return on Equity (ROE) History
| 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 | 85.1M | 13.16M | 41.78M | 115.87M | 56.2M | -55.72M | -75.32M | -70.61M | -137.3M | 90.8M | 107.18M | 127.13M | 129.31M | 124.08M | 166.44M | 227.5M | 458.41M | 384.32M |
| 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 Return on Equity
The Ashirwad Steels & Industries Ltd Return on Equity 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 Return on Equity 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 ₹24.28, with a market capitalization of ₹292.88M. As a leading company in the Non-energy minerals sector and Steel industry, monitoring the Ashirwad Steels & Industries Ltd Return on Equity is essential for fundamental analysis.
Ashirwad Steels & Industries Ltd Return on Equity Current Value
The current Ashirwad Steels & Industries Ltd Return on Equity stands at 2.80.
The Ashirwad Steels & Industries Ltd Return on Equity has declined compared to earlier levels, suggesting improved fundamentals or more attractive valuation.
Ashirwad Steels & Industries Ltd Return on Equity Historical Trend
The Ashirwad Steels & Industries Ltd Return on Equity has shown the following historical trend:
- 2024: 2.80
- 2023: 2.83
- 2022: 24
- 2021: 7.84
- 2020: -0.56
The decline in Ashirwad Steels & Industries Ltd Return on Equity indicates improving financial efficiency or better earnings growth.
What Ashirwad Steels & Industries Ltd Return on Equity Indicates for Investors
The Ashirwad Steels & Industries Ltd Return on Equity plays a crucial role in understanding the company's financial health and valuation.
ROE indicates how efficiently the company generates returns for shareholders.
Ashirwad Steels & Industries Ltd Return on Equity Analysis Summary
The Ashirwad Steels & Industries Ltd Return on Equity remains a crucial metric for evaluating the company's valuation and financial stability. Investors tracking Ashirwad Steels & Industries Ltd Return on Equity 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 Return on Equity helps investors make informed decisions based on long-term growth, valuation trends, and financial performance.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800