Forbes (BOM:502865) ROE % Adjusted to Book Value: -1.93% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:502865 Forbes & Co Ltd BOM:502865
32 GF Score
Price ₹288.95
! 3 Warning Signs
View Full Analysis

What is Forbes ROE % Adjusted to Book Value?

Forbes BOM:502865 +0.02% 32 ROE % Adjusted to Book Value is -1.93% as of Mar. 2026. GuruFocus rates BOM:502865 with a GF Score™ of 32/100. The stock has 3 warning signs investors should review.

Forbes's ROE % for the quarter that ended in Mar. 2026 was -3.95%. Forbes's PB Ratio for the quarter that ended in Mar. 2026 was 2.05. Forbes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -1.93%.

Forbes ROE % Adjusted to Book Value Related Terms

Forbes ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Forbes's ROE % Adjusted to Book Value 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.

Forbes ROE % Adjusted to Book Value Chart

Forbes Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity 94.15 -0.61 39.91 3.12

Forbes Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 109.60 0.00 5.34 0.00 -1.93

BOM:502865 vs SN, SGI, MHK: ROE % Adjusted to Book Value Comparison

For the Furnishings, Fixtures & Appliances subindustry, Forbes's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Forbes ROE % Adjusted to Book Value vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Forbes's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Forbes's ROE % Adjusted to Book Value falls into.


BOM:502865
32GF Score
Forbes & Co Ltd BOM:502865
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forbes ROE % Adjusted to Book Value Calculation

Forbes's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=6.40% / 2.05
=3.12%

Forbes's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=-3.95% / 2.05
=-1.93%

* 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 ROE % Adjusted to Book Value of -1.93% mean?
Forbes (BOM:502865) has a ROE % Adjusted to Book Value of -1.93% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Forbes and its competitors.
Is Forbes' ROE % Adjusted to Book Value too high?
Forbes' current ROE % Adjusted to Book Value is -1.93%. Overall, Forbes has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Forbes' ROE % Adjusted to Book Value compare to SN and SGI?
Forbes' ROE % Adjusted to Book Value of -1.93% can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Furnishings, Fixtures & Appliances company?
A good ROE % Adjusted to Book Value depends on the Furnishings, Fixtures & Appliances industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Forbes and its competitors. Forbes's current ROE % Adjusted to Book Value is -1.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes stock overvalued right now?
Forbes (BOM:502865) has a current ROE % Adjusted to Book Value of -1.93%. The current ROE % Adjusted to Book Value is -1.93%. Forbes' overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Forbes (BOM:502865), the current ROE % Adjusted to Book Value is -1.93% 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.

Forbes Business Description

Address Forbes Building, Charanjit Rai Marg, Fort, Mumbai, MH, IND, 400001
Forbes & Co Ltd is mainly active in producing engineering tools. The company is engaged in the manufacturing and trading of engineering products, real estate development projects, and leasing of premises. The company has Business segments that include Coding and Industrial Automation, Real Estate, and others. The majority of revenue is generated from Real Estate.
32GF Score

Get the complete analysis for BOM:502865

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

₹288.95
Price