Scan Steels (BOM:511672) ROE % Adjusted to Book Value: 18.39% (As of Mar. 2026)


BOM:511672 Scan Steels Ltd BOM:511672
65 GF Score
Price ₹47.47
GF Value ₹37.63
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Scan Steels ROE % Adjusted to Book Value?

Scan Steels BOM:511672 +11.43% 65 ROE % Adjusted to Book Value is 18.39% as of Mar. 2026. GuruFocus rates BOM:511672 with a GF Score™ of 65/100 and a GF Value™ of ₹37.63 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Scan Steels's ROE % for the quarter that ended in Mar. 2026 was 6.99%. Scan Steels's PB Ratio for the quarter that ended in Mar. 2026 was 0.38. Scan Steels's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 18.39%.

Scan Steels ROE % Adjusted to Book Value Related Terms

Scan Steels ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Scan Steels'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.

Scan Steels ROE % Adjusted to Book Value Chart

Scan Steels 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 33.91 10.68 6.77 11.15 13.29

Scan Steels 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 9.55 0.00 0.36 0.00 18.39

BOM:511672 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Scan Steels'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.

Scan Steels ROE % Adjusted to Book Value vs Steel Industry

For the Steel industry and Basic Materials sector, Scan Steels's ROE % Adjusted to Book Value distribution charts can be found below:

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


BOM:511672
65GF Score
Scan Steels Ltd BOM:511672
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Scan Steels ROE % Adjusted to Book Value Calculation

Scan Steels'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
=5.05% / 0.38
=13.29%

Scan Steels'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
=6.99% / 0.38
=18.39%

* 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 18.39% mean?
Scan Steels (BOM:511672) has a ROE % Adjusted to Book Value of 18.39% 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 Scan Steels and its competitors.
Is Scan Steels' ROE % Adjusted to Book Value too high?
Scan Steels' current ROE % Adjusted to Book Value is 18.39%. Overall, Scan Steels has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Steels' ROE % Adjusted to Book Value compare to NUE and STLD?
Scan Steels' ROE % Adjusted to Book Value of 18.39% can be compared against companies in the Steel 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 Steel company?
A good ROE % Adjusted to Book Value depends on the Steel 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 Scan Steels and its competitors. Scan Steels's current ROE % Adjusted to Book Value is 18.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Steels stock overvalued right now?
Based on GuruFocus' analysis, Scan Steels (BOM:511672) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹37.63, compared to a current price of ₹47.47 — trading 26.1% above its estimated fair value. The current ROE % Adjusted to Book Value is 18.39%. Scan Steels' overall GF Score™ is 65/100 with 8 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 Scan Steels (BOM:511672), the current ROE % Adjusted to Book Value is 18.39% 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 Scan Steels (BOM:511672) Overvalued in 2026?

Based on GuruFocus' analysis, Scan Steels stock appears to be overvalued. The current stock price of ₹47.47 is trading 26.1% above its estimated GF Value™ of ₹37.63. GuruFocus considers Scan Steels to be Modestly Overvalued.

Key valuation signals for BOM:511672:

  • ROE % Adjusted to Book Value: 18.39%
  • GF Value™: ₹37.63 vs. price of ₹47.47 (26.1% above fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the BOM:511672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Scan Steels Business Description

Address Magnetics Chowk, 2nd Floor, Plot No. 516/1723/3991, Trishana Nirmalya, Patia, Bhubaneswar, OR, IND, 751024
Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and in the generation of power for captive consumption. The company operates through a single segment, which is Steel Manufacturing. Its products include Shrishtii TMT, MS Billets, Shrishtii Roofing, Shrishtii Structural, and Fly Ash Bricks.
65GF Score

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

₹47.47
Price
₹37.63
GF Value