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.
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.
Hemang Resources's ROE % for the quarter that ended in Mar. 2026 was -9.03%. Hemang Resources's PB Ratio for the quarter that ended in Mar. 2026 was 0.50.
Hemang Resources's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -18.06%.
Hemang Resources ROE % Adjusted to Book Value Related Terms
Hemang Resources ROE % Adjusted to Book Value Historical Data
* Premium members only.
The historical data trend for Hemang Resources'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.
Hemang Resources ROE % Adjusted to Book Value Chart
Hemang Resources ROE % Adjusted to Book Value Competitor Comparison
For the Thermal Coal subindustry, Hemang Resources'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.
Hemang Resources ROE % Adjusted to Book Value vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Hemang Resources's ROE % Adjusted to Book Value distribution charts can be found below:
* The bar in red indicates where Hemang Resources's ROE % Adjusted to Book Value falls into.
* 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 -18.06% mean?
Hemang Resources (BOM:531178) has a ROE % Adjusted to Book Value of -18.06% 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 Hemang Resources and its competitors.
Is Hemang Resources' ROE % Adjusted to Book Value too high?
Hemang Resources' current ROE % Adjusted to Book Value is -18.06%. Overall, Hemang Resources has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hemang Resources' ROE % Adjusted to Book Value compare to competitors?
Hemang Resources' ROE % Adjusted to Book Value of -18.06% can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good ROE % Adjusted to Book Value depends on the Other Energy Sources 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 Hemang Resources and its competitors. Hemang Resources's current ROE % Adjusted to Book Value is -18.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemang Resources stock overvalued right now?
Based on GuruFocus' analysis, Hemang Resources (BOM:531178) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹14.35, compared to a current price of ₹12.09 — trading 15.7% below its estimated fair value. The current ROE % Adjusted to Book Value is -18.06%. Hemang Resources' overall GF Score™ is 58/100 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 Hemang Resources (BOM:531178), the current ROE % Adjusted to Book Value is -18.06% 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 Hemang Resources (BOM:531178) Overvalued in 2026?
Based on GuruFocus' analysis, Hemang Resources stock appears to be undervalued.
The current stock price of ₹12.09 is trading 15.7% below its estimated GF Value™ of ₹14.35.
GuruFocus considers Hemang Resources to be Modestly Undervalued.
Key valuation signals for BOM:531178:
ROE % Adjusted to Book Value: -18.06%
GF Value™: ₹14.35 vs. price of ₹12.09 (15.7% below fair value)
No single metric tells the full story. See the BOM:531178 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hemang Resources Ltd is a company principally engaged in coal trading, stevedoring, logistic services, and land trading. The company's operating segments consist of the Coal Trading Division and the Infrastructure Division. The Coal Trading Division focuses on trading both imported and indigenous coal, selling to various industries in India. The Infrastructure Division operates in the real estate sector. The company generates the majority of its revenue from the sale of imported coal within the Coal Trading Division segment.
58GF Score
Get the complete analysis for BOM:531178
ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531178 has been successfully added to your 
