Shree Steelwire Ropes (BOM:513488) ROCE %: 0.04% (As of Mar. 2026)


BOM:513488 Shree Steelwire Ropes Ltd BOM:513488
49 GF Score
Price ₹19.04
GF Value ₹12.97
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Shree Steelwire Ropes ROCE %?

Shree Steelwire Ropes BOM:513488 -2.21% 49 ROCE % is 0.04% as of Mar. 2026. GuruFocus rates BOM:513488 with a GF Score™ of 49/100 and a GF Value™ of ₹12.97 (Significantly Overvalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Shree Steelwire Ropes's annualized ROCE % for the quarter that ended in Mar. 2026 was 0.04%.

Shree Steelwire Ropes  (BOM:513488) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Shree Steelwire Ropes ROCE % Related Terms

Shree Steelwire Ropes ROCE % Historical Data

* Premium members only.

The historical data trend for Shree Steelwire Ropes's ROCE % 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 ROCE % Chart

Shree Steelwire Ropes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 7.79 -1.04 -2.40 -3.79

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
ROCE % 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 -0.43 -9.99 -2.57 0.00 0.04
BOM:513488
49GF Score
Shree Steelwire Ropes Ltd BOM:513488
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shree Steelwire Ropes ROCE % Calculation

Shree Steelwire Ropes's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-5.1/( ( (146.92 - 8.772) + (141.494 - 10.462) )/ 2 )
=-5.1/( (138.148+131.032)/ 2 )
=-5.1/134.59
=-3.79 %

Shree Steelwire Ropes's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=0.052/( ( (0 - 0) + (141.494 - 10.462) )/ 1 )
=0.052/( ( 0 + 131.032 )/ 1 )
=0.052/131.032
=0.04 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 0.04% mean?
Shree Steelwire Ropes (BOM:513488) has a ROCE % of 0.04% as of Mar. 2026.
Is Shree Steelwire Ropes' ROCE % too high?
Shree Steelwire Ropes' current ROCE % is 0.04%. The Steel industry median ROCE % is 5.50. Shree Steelwire Ropes' value of 0.04% is 99.3% below this industry median. Overall, Shree Steelwire Ropes has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shree Steelwire Ropes' ROCE % compare to NUE and STLD?
Shree Steelwire Ropes' ROCE % of 0.04% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. Shree Steelwire Ropes' value of 0.04% is 99.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.50, based on 621 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shree Steelwire Ropes's current ROCE % of 0.04% is 99.3% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Steelwire Ropes's current ROCE % is 0.04%. 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 ₹12.97, compared to a current price of ₹19.04 — trading 46.8% above its estimated fair value. The current ROCE % is 0.04% and 99.3% below the Steel industry median of 5.50. Shree Steelwire Ropes' overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Shree Steelwire Ropes (BOM:513488), the current ROCE % is 0.04% 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 ₹19.04 is trading 46.8% above its estimated GF Value™ of ₹12.97. GuruFocus considers Shree Steelwire Ropes to be Significantly Overvalued.

Key valuation signals for BOM:513488:

  • ROCE %: 0.04%
  • GF Value™: ₹12.97 vs. price of ₹19.04 (46.8% above fair value)
  • GF Score™: 49/100 with 2 warning signs
  • Industry Position: 99.3% below the Steel median

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.
49GF Score

Get the complete analysis for BOM:513488

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

₹19.04
Price
₹12.97
GF Value