Step Two (BOM:531509) ROE % Adjusted to Book Value: -23.45% (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:531509 Step Two Corp Ltd BOM:531509
35 GF Score
Price ₹22.43
! 3 Warning Signs
View Full Analysis

What is Step Two ROE % Adjusted to Book Value?

Step Two BOM:531509 +6.51% 35 ROE % Adjusted to Book Value is -23.45% as of Mar. 2026. GuruFocus rates BOM:531509 with a GF Score™ of 35/100. The stock has 3 warning signs investors should review.

Step Two's ROE % for the quarter that ended in Mar. 2026 was -64.72%. Step Two's PB Ratio for the quarter that ended in Mar. 2026 was 2.76. Step Two's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -23.45%.

Step Two ROE % Adjusted to Book Value Related Terms

Step Two ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Step Two'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.

Step Two ROE % Adjusted to Book Value Chart

Step Two 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 4.79 7.86 -1.60 -0.18 -9.89

Step Two 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 65.57 0.00 -18.81 0.00 -23.45

BOM:531509 vs V, MA, AXP: ROE % Adjusted to Book Value Comparison

For the Credit Services subindustry, Step Two'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.

Step Two ROE % Adjusted to Book Value vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Step Two's ROE % Adjusted to Book Value distribution charts can be found below:

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


BOM:531509
35GF Score
Step Two Corp Ltd BOM:531509
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Step Two ROE % Adjusted to Book Value Calculation

Step Two'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
=-27.31% / 2.76
=-9.89%

Step Two'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
=-64.72% / 2.76
=-23.45%

* 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 -23.45% mean?
Step Two (BOM:531509) has a ROE % Adjusted to Book Value of -23.45% 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 Step Two and its competitors.
Is Step Two's ROE % Adjusted to Book Value too high?
Step Two's current ROE % Adjusted to Book Value is -23.45%. Overall, Step Two has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Step Two's ROE % Adjusted to Book Value compare to V and MA?
Step Two's ROE % Adjusted to Book Value of -23.45% can be compared against companies in the Credit Services 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 Credit Services company?
A good ROE % Adjusted to Book Value depends on the Credit Services 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 Step Two and its competitors. Step Two's current ROE % Adjusted to Book Value is -23.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Step Two stock overvalued right now?
Step Two (BOM:531509) has a current ROE % Adjusted to Book Value of -23.45%. The current ROE % Adjusted to Book Value is -23.45%. Step Two's overall GF Score™ is 35/100 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 Step Two (BOM:531509), the current ROE % Adjusted to Book Value is -23.45% 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.

Step Two Business Description

Address AVANI SIGNATURE, 91A/1, Park Street, Kolkata, WB, IND, 700 016
Step Two Corp Ltd is a registered non-banking finance company engaged in the business of providing finance. The Company is engaged in providing Business Loans, and is also engaged in Trading and Investment in Shares & Securities. The majority of the revenue is generated from Interest Income.
35GF Score

Get the complete analysis for BOM:531509

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

₹22.43
Price