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CARE RatingsBOM:534804 -1.32%84 ROC (Joel Greenblatt) % is 174.14% as of Jun. 2026, which is 1% above its 10-year median of 172.62. GuruFocus rates BOM:534804 with a GF Score™ of 84/100 and a GF Value™ of ₹1,768.54 (Fairly Valued). The stock has 1 warning sign investors should review. Among 674 Capital Markets companies, CARE Ratings ranks better than 74.63% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. CARE Ratings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 174.14%.
The historical rank and industry rank for CARE Ratings's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:534804'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 120.78 Med: 172.62 Max: 402.02
Current: 236.32
During the past 13 years, CARE Ratings's highest ROC (Joel Greenblatt) % was 402.02%. The lowest was 120.78%. And the median was 172.62%.
BOM:534804's ROC (Joel Greenblatt) % is ranked better than 74.63% of 674
companies
in the Capital Markets industry
Industry Median: 38.815
vs BOM:534804: 236.32
CARE Ratings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 11.20% per year.
CARE Ratings (BOM:534804) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
CARE Ratings ROC (Joel Greenblatt) % Related Terms
CARE Ratings ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for CARE Ratings's ROC (Joel Greenblatt) % 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.
BOM:534804 vs SPGI, CME, ICE: ROC (Joel Greenblatt) % Comparison
For the Financial Data & Stock Exchanges subindustry, CARE Ratings's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CARE Ratings's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where CARE Ratings's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Jun. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 174.14% mean?
CARE Ratings (BOM:534804) has a ROC (Joel Greenblatt) % of 174.14% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CARE Ratings and its competitors. This is near median its historical median of 172.62. Over the past decade, CARE Ratings' ROC (Joel Greenblatt) % has ranged from 120.78 to 402.02. According to the industry distribution chart, CARE Ratings ranks #171 out of 674 companies in the Capital Markets industry, placing it in the top 25.4%.
Is CARE Ratings' ROC (Joel Greenblatt) % too high?
CARE Ratings' current ROC (Joel Greenblatt) % of 174.14% is near median its 10-year median of 172.62. Over the past 10 years, this metric has ranged from a low of 120.78 to a high of 402.02. The Capital Markets industry median ROC (Joel Greenblatt) % is 38.82. CARE Ratings' value of 174.14% is 348.6% above this industry median. Based on the distribution chart, CARE Ratings ranks #171 out of 674 companies in the Capital Markets industry, which is above the industry midpoint. 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' ROC (Joel Greenblatt) % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, CARE Ratings ranks #171 out of 674 companies for ROC (Joel Greenblatt) %. This puts CARE Ratings in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 38.82. CARE Ratings' value of 174.14% is 348.6% above this benchmark. Historically, CARE Ratings' own ROC (Joel Greenblatt) % has ranged from 120.78 to 402.02 over the past decade. While the company's 10-year median is 172.62 vs. the industry median of 38.82, 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 ROC (Joel Greenblatt) % for a Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 38.82, based on 674 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CARE Ratings's current ROC (Joel Greenblatt) % of 174.14% is 348.6% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on CARE Ratings and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 38.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CARE Ratings's current ROC (Joel Greenblatt) % is 174.14%, which is near median its own 10-year median of 172.62. 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 (BOM:534804) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,768.54, compared to a current price of ₹1,711.60 — trading 3.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 174.14%, which is near median its 10-year median of 172.62 and 348.6% above the Capital Markets industry median of 38.82. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For CARE Ratings (BOM:534804), the current ROC (Joel Greenblatt) % is 174.14% as of Jun. 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 (BOM:534804) Overvalued in 2026?
Based on GuruFocus' analysis, CARE Ratings stock appears to be undervalued.
The current stock price of ₹1,711.60 is trading 3.2% below its estimated GF Value™ of ₹1,768.54.
GuruFocus considers CARE Ratings to be Fairly Valued.
Key valuation signals for BOM:534804:
ROC (Joel Greenblatt) %: 174.14% (near median its 10-year median of 172.62)
GF Value™: ₹1,768.54 vs. price of ₹1,711.60 (3.2% below fair value)
Industry Position: 348.6% above the Capital Markets median (#171 of 674)
No single metric tells the full story. See the BOM:534804 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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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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