S AL Steel (BOM:532604) ROE % Adjusted to Book Value: -0.76% (As of Mar. 2026)

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BOM:532604 S AL Steel Ltd BOM:532604
41 GF Score
Price ₹53.02
GF Value ₹4.21
Valuation Significantly Overvalued
! 11 Warning Signs
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What is S AL Steel ROE % Adjusted to Book Value?

S AL Steel BOM:532604 -3.60% 41 ROE % Adjusted to Book Value is -0.76% as of Mar. 2026. GuruFocus rates BOM:532604 with a GF Score™ of 41/100 and a GF Value™ of ₹4.21 (Significantly Overvalued). The stock has 11 warning signs investors should review.

S AL Steel's ROE % for the quarter that ended in Mar. 2026 was -2.78%. S AL Steel's PB Ratio for the quarter that ended in Mar. 2026 was 3.64. S AL Steel's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was -0.76%.


S AL Steel ROE % Adjusted to Book Value Related Terms


S AL Steel ROE % Adjusted to Book Value Historical Data

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The historical data trend for S AL Steel'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.

S AL Steel ROE % Adjusted to Book Value Chart

S AL Steel 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 16.11 3.19 0.27 -4.16 -0.10

S AL Steel 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 -16.10 0.00 6.15 0.00 -0.76

BOM:532604 vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, S AL Steel'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.


S AL Steel ROE % Adjusted to Book Value vs Steel Industry

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

* The bar in red indicates where S AL Steel's ROE % Adjusted to Book Value falls into.


BOM:532604
41GF Score
S AL Steel Ltd BOM:532604
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

S AL Steel ROE % Adjusted to Book Value Calculation

S AL Steel'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
=-0.38% / 3.64
=-0.10%

S AL Steel'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
=-2.78% / 3.64
=-0.76%

* 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 -0.76% mean?
S AL Steel (BOM:532604) has a ROE % Adjusted to Book Value of -0.76% 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 S AL Steel and its competitors.
Is S AL Steel's ROE % Adjusted to Book Value too high?
S AL Steel's current ROE % Adjusted to Book Value is -0.76%. Overall, S AL Steel has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does S AL Steel's ROE % Adjusted to Book Value compare to NUE and STLD?
S AL Steel's ROE % Adjusted to Book Value of -0.76% 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 S AL Steel and its competitors. S AL Steel's current ROE % Adjusted to Book Value is -0.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S AL Steel stock overvalued right now?
Based on GuruFocus' analysis, S AL Steel (BOM:532604) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4.21, compared to a current price of ₹53.02 — trading 1159.4% above its estimated fair value. The current ROE % Adjusted to Book Value is -0.76%. S AL Steel's overall GF Score™ is 41/100 with 11 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 S AL Steel (BOM:532604), the current ROE % Adjusted to Book Value is -0.76% 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 S AL Steel (BOM:532604) Overvalued in 2026?

Based on GuruFocus' analysis, S AL Steel stock appears to be overvalued. The current stock price of ₹53.02 is trading 1159.4% above its estimated GF Value™ of ₹4.21. GuruFocus considers S AL Steel to be Significantly Overvalued.

Key valuation signals for BOM:532604:

  • ROE % Adjusted to Book Value: -0.76%
  • GF Value™: ₹4.21 vs. price of ₹53.02 (1159.4% above fair value)
  • GF Score™: 41/100 with 11 warning signs

No single metric tells the full story. See the BOM:532604 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


S AL Steel Business Description

Other Exchanges SALSTEEL:India
Address Sola - Kalol Road, Shah Alloys Corporate House, Taluka Kalol, Santej, District Gandhinagar, Gandhinagar, GJ, IND, 382721
S AL Steel Ltd is engaged in manufacturing sponge iron, ferro alloys, iron ore pellets, and various finished steel products. The products manufactured by the company are sold in the domestic market as well as the international market. In addition, the company is also involved in generating 40 MW of power from waste Heat recovery Boiler and Fluidized Bed Combustion boiler at an economic price. Power generated is used for captive consumption, and surplus power is sold. Its primary reportable business segments are Iron and Steel and Power. Geographically, the company currently derives all of its revenue from India.
41GF Score

Get the complete analysis for BOM:532604

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

₹53.02
Price
₹4.21
GF Value