Indian Toners & Developers (BOM:523586) ROE % Adjusted to Book Value: 13.40% (As of Mar. 2026)

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Vera Yuan
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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.
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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:523586 Indian Toners & Developers Ltd BOM:523586
81 GF Score
Price ₹55.53
GF Value ₹60.32
Valuation Fairly Valued
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What is Indian Toners & Developers ROE % Adjusted to Book Value?

Indian Toners & Developers BOM:523586 -4.83% 81 ROE % Adjusted to Book Value is 13.40% as of Mar. 2026. GuruFocus rates BOM:523586 with a GF Score™ of 81/100 and a GF Value™ of ₹60.32 (Fairly Valued).

Indian Toners & Developers's ROE % for the quarter that ended in Mar. 2026 was 13.13%. Indian Toners & Developers's PB Ratio for the quarter that ended in Mar. 2026 was 0.98. Indian Toners & Developers's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 13.40%.


Indian Toners & Developers ROE % Adjusted to Book Value Related Terms


Indian Toners & Developers ROE % Adjusted to Book Value Historical Data

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The historical data trend for Indian Toners & Developers'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.

Indian Toners & Developers ROE % Adjusted to Book Value Chart

Indian Toners & Developers 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 11.23 12.93 9.73 8.87 12.81

Indian Toners & Developers 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 10.78 0.00 7.70 0.00 13.40

BOM:523586 vs LIN, SHW, ECL: ROE % Adjusted to Book Value Comparison

For the Specialty Chemicals subindustry, Indian Toners & Developers'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.


Indian Toners & Developers ROE % Adjusted to Book Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Indian Toners & Developers's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Indian Toners & Developers's ROE % Adjusted to Book Value falls into.


BOM:523586
81GF Score
Indian Toners & Developers Ltd BOM:523586
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Indian Toners & Developers ROE % Adjusted to Book Value Calculation

Indian Toners & Developers'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
=12.55% / 0.98
=12.81%

Indian Toners & Developers'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
=13.13% / 0.98
=13.40%

* 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 13.40% mean?
Indian Toners & Developers (BOM:523586) has a ROE % Adjusted to Book Value of 13.40% 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 Indian Toners & Developers and its competitors.
Is Indian Toners & Developers' ROE % Adjusted to Book Value too high?
Indian Toners & Developers' current ROE % Adjusted to Book Value is 13.40%. Overall, Indian Toners & Developers has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Indian Toners & Developers' ROE % Adjusted to Book Value compare to LIN and SHW?
Indian Toners & Developers' ROE % Adjusted to Book Value of 13.40% can be compared against companies in the Chemicals 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 Chemicals company?
A good ROE % Adjusted to Book Value depends on the Chemicals 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 Indian Toners & Developers and its competitors. Indian Toners & Developers's current ROE % Adjusted to Book Value is 13.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Toners & Developers stock overvalued right now?
Based on GuruFocus' analysis, Indian Toners & Developers (BOM:523586) is currently considered Fairly Valued. The stock's GF Value™ is ₹60.32, compared to a current price of ₹55.53 — trading 7.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 13.40%. Indian Toners & Developers' overall GF Score™ is 81/100. 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 Indian Toners & Developers (BOM:523586), the current ROE % Adjusted to Book Value is 13.40% 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 Indian Toners & Developers (BOM:523586) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Toners & Developers stock appears to be undervalued. The current stock price of ₹55.53 is trading 7.9% below its estimated GF Value™ of ₹60.32. GuruFocus considers Indian Toners & Developers to be Fairly Valued.

Key valuation signals for BOM:523586:

  • ROE % Adjusted to Book Value: 13.40%
  • GF Value™: ₹60.32 vs. price of ₹55.53 (7.9% below fair value)
  • GF Score™: 81/100

No single metric tells the full story. See the BOM:523586 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Toners & Developers Business Description

Address 1223, DLF Tower - B, Jasola, New Delhi, IND, 110 025
Indian Toners & Developers Ltd is a manufacturer of toners and developers. The company is engaged in the business of producing and exporting compatible toners for use in laser printers, the new age digital machines, multi-function printers, analogue copiers as well as wide-format printers and copiers. The only reporting segment of the company is a manufacturer of compatible toner. Its geographical segment includes Domestic sales and Export sales. The company's product consists of chemical color toner, laser toner, copier or digital toner, wide format copiers and printer toner and packaging.
81GF Score

Get the complete analysis for BOM:523586

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

₹55.53
Price
₹60.32
GF Value