Garg Furnace (BOM:530615) ROE % Adjusted to Book Value: 17.23% (As of Mar. 2026)

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BOM:530615 Garg Furnace Ltd BOM:530615
65 GF Score
Price ₹116.40
GF Value ₹178.15
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Garg Furnace ROE % Adjusted to Book Value?

Garg Furnace BOM:530615 +0.43% 65 ROE % Adjusted to Book Value is 17.23% as of Mar. 2026. GuruFocus rates BOM:530615 with a GF Score™ of 65/100 and a GF Value™ of ₹178.15 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Garg Furnace's ROE % for the quarter that ended in Mar. 2026 was 10.68%. Garg Furnace's PB Ratio for the quarter that ended in Mar. 2026 was 0.62. Garg Furnace's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 17.23%.

Garg Furnace ROE % Adjusted to Book Value Related Terms

Garg Furnace ROE % Adjusted to Book Value Historical Data

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The historical data trend for Garg Furnace'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.

Garg Furnace ROE % Adjusted to Book Value Chart

Garg Furnace 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 53.41 42.44 5.01 10.27 20.89

Garg Furnace 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 15.75 0.00 10.12 0.00 17.23

BOM:530615 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Garg Furnace'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.

Garg Furnace ROE % Adjusted to Book Value vs Steel Industry

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

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


BOM:530615
65GF Score
Garg Furnace Ltd BOM:530615
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Garg Furnace ROE % Adjusted to Book Value Calculation

Garg Furnace'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
=12.95% / 0.62
=20.89%

Garg Furnace'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
=10.68% / 0.62
=17.23%

* 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 17.23% mean?
Garg Furnace (BOM:530615) has a ROE % Adjusted to Book Value of 17.23% 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 Garg Furnace and its competitors.
Is Garg Furnace's ROE % Adjusted to Book Value too high?
Garg Furnace's current ROE % Adjusted to Book Value is 17.23%. Overall, Garg Furnace has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garg Furnace's ROE % Adjusted to Book Value compare to NUE and STLD?
Garg Furnace's ROE % Adjusted to Book Value of 17.23% 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 Garg Furnace and its competitors. Garg Furnace's current ROE % Adjusted to Book Value is 17.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garg Furnace stock overvalued right now?
Based on GuruFocus' analysis, Garg Furnace (BOM:530615) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹178.15, compared to a current price of ₹116.40 — trading 34.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 17.23%. Garg Furnace's overall GF Score™ is 65/100 with 6 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 Garg Furnace (BOM:530615), the current ROE % Adjusted to Book Value is 17.23% 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 Garg Furnace (BOM:530615) Overvalued in 2026?

Based on GuruFocus' analysis, Garg Furnace stock appears to be undervalued. The current stock price of ₹116.40 is trading 34.7% below its estimated GF Value™ of ₹178.15. GuruFocus considers Garg Furnace to be Significantly Undervalued.

Key valuation signals for BOM:530615:

  • ROE % Adjusted to Book Value: 17.23%
  • GF Value™: ₹178.15 vs. price of ₹116.40 (34.7% below fair value)
  • GF Score™: 65/100 with 6 warning signs

No single metric tells the full story. See the BOM:530615 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Garg Furnace Business Description

Address Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.
65GF Score

Get the complete analysis for BOM:530615

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

₹116.40
Price
₹178.15
GF Value