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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. Dev Labtech Venture's annualized ROCE % for the quarter that ended in Mar. 2026 was 38.94%.
Dev Labtech Venture (BOM:543848) 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.
Dev Labtech Venture ROCE % Related Terms
Dev Labtech Venture ROCE % Historical Data
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The historical data trend for Dev Labtech Venture'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.
(1) Note:
The EBIT data used here is two times the semi-annual (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.
Dev Labtech Venture (BOM:543848) has a ROCE % of 38.94% as of Mar. 2026.
Is Dev Labtech Venture's ROCE % too high?
Dev Labtech Venture's current ROCE % is 38.94%. The Retail - Cyclical industry median ROCE % is 7.70. Dev Labtech Venture's value of 38.94% is 405.7% above this industry median. Overall, Dev Labtech Venture has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dev Labtech Venture's ROCE % compare to TPR?
Dev Labtech Venture's ROCE % of 38.94% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.70. Dev Labtech Venture's value of 38.94% is 405.7% above 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 Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.70, based on 1,121 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. Dev Labtech Venture's current ROCE % of 38.94% is 405.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median ROCE % is 7.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Labtech Venture's current ROCE % is 38.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Labtech Venture stock overvalued right now?
Based on GuruFocus' analysis, Dev Labtech Venture (BOM:543848) is currently considered Possible Value Trap. The stock's GF Value™ is ₹56.68, compared to a current price of ₹18.62 — trading 67.1% below its estimated fair value. The current ROCE % is 38.94% and 405.7% above the Retail - Cyclical industry median of 7.70. Dev Labtech Venture's overall GF Score™ is 69/100 with 6 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 Dev Labtech Venture (BOM:543848), the current ROCE % is 38.94% 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 Dev Labtech Venture (BOM:543848) Overvalued in 2026?
Based on GuruFocus' analysis, Dev Labtech Venture stock appears to be undervalued.
The current stock price of ₹18.62 is trading 67.1% below its estimated GF Value™ of ₹56.68.
GuruFocus considers Dev Labtech Venture to be Possible Value Trap.
Key valuation signals for BOM:543848:
ROCE %: 38.94%
GF Value™: ₹56.68 vs. price of ₹18.62 (67.1% below fair value)
Industry Position: 405.7% above the Retail - Cyclical median
No single metric tells the full story. See the BOM:543848 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dev Labtech Venture Ltd is engaged in the business of manufacturing, marketing, and sourcing of diamonds: Natural and lab-grown, having wide application in Jewelry. It operates in both domestic and export markets. The company operates in two geographical areas, namely Gujarat and Maharashtra. It exports its products to the United States and Hong Kong.
69GF Score
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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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