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CARE RatingsNSE:CARERATING +1.10%84 Pretax Margin % is 55.11% as of Mar. 2026, which is 15% above its 10-year median of 47.78. GuruFocus rates NSE:CARERATING with a GF Score™ of 84/100 and a GF Value™ of ₹1,719.38 (Fairly Valued). The stock has 1 warning sign investors should review. Among 777 Capital Markets companies, CARE Ratings ranks better than 76.45% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. CARE Ratings's Pre-Tax Income for the
three
months ended in Mar. 2026 was ₹720 Mil. CARE Ratings's Revenue for the
three
months ended in Mar. 2026 was ₹1,307 Mil. Therefore, CARE Ratings's pretax margin for the quarter that ended in Mar. 2026 was 55.11%.
The historical rank and industry rank for CARE Ratings's Pretax Margin % or its related term are showing as below:
NSE:CARERATING'
s Pretax Margin % Range Over the Past 10 Years
Min: 39.83 Med: 47.78 Max: 73.93
Current: 49.75
NSE:CARERATING's Pretax Margin % is ranked better than 76.45% of 777
companies
in the Capital Markets industry
Industry Median: 21.45
vs NSE:CARERATING: 49.75
CARE Ratings (NSE:CARERATING) Pretax Margin % Explanation
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.
CARE Ratings Pretax Margin % Related Terms
CARE Ratings Pretax Margin % Historical Data
* Premium members only.
The historical data trend for CARE Ratings'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:CARERATING vs SPGI, CME, ICE: Pretax Margin % Comparison
For the Financial Data & Stock Exchanges subindustry, CARE Ratings'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.
CARE Ratings Pretax Margin % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CARE Ratings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where CARE Ratings'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.
CARE Ratings (NSE:CARERATING) has a Pretax Margin % of 55.11% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on CARE Ratings and its competitors. This is 15% above median its historical median of 47.78. Over the past decade, CARE Ratings' Pretax Margin % has ranged from 39.83 to 73.93. According to the industry distribution chart, CARE Ratings ranks #183 out of 777 companies in the Capital Markets industry, placing it in the top 23.6%.
Is CARE Ratings' Pretax Margin % too high?
CARE Ratings' current Pretax Margin % of 55.11% is 15% above median its 10-year median of 47.78. Over the past 10 years, this metric has ranged from a low of 39.83 to a high of 73.93. The Capital Markets industry median Pretax Margin % is 21.45. CARE Ratings' value of 55.11% is 156.9% above this industry median. Based on the distribution chart, CARE Ratings ranks #183 out of 777 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, CARE Ratings has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CARE Ratings' Pretax Margin % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, CARE Ratings ranks #183 out of 777 companies for Pretax Margin %. This places CARE Ratings in the top 24% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 21.45. CARE Ratings' value of 55.11% is 156.9% above this benchmark. Historically, CARE Ratings' own Pretax Margin % has ranged from 39.83 to 73.93 over the past decade. While the company's 10-year median is 47.78 vs. the industry median of 21.45, CARE Ratings has consistently been above 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 Capital Markets company?
The median Pretax Margin % among Capital Markets companies is 21.45, based on 777 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. CARE Ratings's current Pretax Margin % of 55.11% is 156.9% above 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 CARE Ratings and its competitors. For the Capital Markets industry, the median Pretax Margin % is 21.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CARE Ratings's current Pretax Margin % is 55.11%, which is 15% above median its own 10-year median of 47.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CARE Ratings stock overvalued right now?
Based on GuruFocus' analysis, CARE Ratings (NSE:CARERATING) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,719.38, compared to a current price of ₹1,749.20 — trading 1.7% above its estimated fair value. The current Pretax Margin % is 55.11%, which is 15% above median its 10-year median of 47.78 and 156.9% above the Capital Markets industry median of 21.45. CARE Ratings' overall GF Score™ is 84/100 with 1 warning sign 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 CARE Ratings (NSE:CARERATING), the current Pretax Margin % is 55.11% 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 CARE Ratings (NSE:CARERATING) Overvalued in 2026?
Based on GuruFocus' analysis, CARE Ratings stock appears to be overvalued.
The current stock price of ₹1,749.20 is trading 1.7% above its estimated GF Value™ of ₹1,719.38.
GuruFocus considers CARE Ratings to be Fairly Valued.
Key valuation signals for NSE:CARERATING:
Pretax Margin %: 55.11% (15% above median its 10-year median of 47.78)
GF Value™: ₹1,719.38 vs. price of ₹1,749.20 (1.7% above fair value)
Industry Position: 156.9% above the Capital Markets median (#183 of 777)
No single metric tells the full story. See the NSE:CARERATING stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CARE Ratings Ltd provides various credit ratings that helps corporates to raise capital for their various requirements and assists the investors to form an informed investment decision based on the credit risk and their own risk-return expectations. The company works in Bank Loan Ratings; Capital Market Instruments, Including NCDs/ Bonds/ Hybrids/ CPs/CDs, etc; Structured Finance Ratings; Monitoring Agency Services for Equity Capital; Rating of REITs /InvITs; Resolution Plan Ratings; Recovery Ratings; Issuer Ratings. The company's segment includes Ratings and related services; and Others. The company generates majority of revenue from Ratings and related services. The company has presence in India, and Outside India. It generates majority of revenue from India.
84GF Score
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