Sonal Mercantile (BOM:538943) ROE % Adjusted to Book Value: 15.54% (As of Mar. 2026)

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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
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:538943 Sonal Mercantile Ltd BOM:538943
69 GF Score
Price ₹93.24
GF Value ₹111.89
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Sonal Mercantile ROE % Adjusted to Book Value?

Sonal Mercantile BOM:538943 +5.00% 69 ROE % Adjusted to Book Value is 15.54% as of Mar. 2026. GuruFocus rates BOM:538943 with a GF Score™ of 69/100 and a GF Value™ of ₹111.89 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Sonal Mercantile's ROE % for the quarter that ended in Mar. 2026 was 5.75%. Sonal Mercantile's PB Ratio for the quarter that ended in Mar. 2026 was 0.37. Sonal Mercantile's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 15.54%.


Sonal Mercantile ROE % Adjusted to Book Value Related Terms


Sonal Mercantile ROE % Adjusted to Book Value Historical Data

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The historical data trend for Sonal Mercantile'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.

Sonal Mercantile ROE % Adjusted to Book Value Chart

Sonal Mercantile 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 31.87 18.11 18.23 7.75 8.35

Sonal Mercantile 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 7.58 0.00 20.20 0.00 15.54

BOM:538943 vs V, MA, AXP: ROE % Adjusted to Book Value Comparison

For the Credit Services subindustry, Sonal Mercantile'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.


Sonal Mercantile ROE % Adjusted to Book Value vs Credit Services Industry

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

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


BOM:538943
69GF Score
Sonal Mercantile Ltd BOM:538943
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sonal Mercantile ROE % Adjusted to Book Value Calculation

Sonal Mercantile'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
=3.09% / 0.37
=8.35%

Sonal Mercantile'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
=5.75% / 0.37
=15.54%

* 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 15.54% mean?
Sonal Mercantile (BOM:538943) has a ROE % Adjusted to Book Value of 15.54% 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 Sonal Mercantile and its competitors.
Is Sonal Mercantile's ROE % Adjusted to Book Value too high?
Sonal Mercantile's current ROE % Adjusted to Book Value is 15.54%. Overall, Sonal Mercantile has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sonal Mercantile's ROE % Adjusted to Book Value compare to V and MA?
Sonal Mercantile's ROE % Adjusted to Book Value of 15.54% 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 Sonal Mercantile and its competitors. Sonal Mercantile's current ROE % Adjusted to Book Value is 15.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sonal Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Sonal Mercantile (BOM:538943) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹111.89, compared to a current price of ₹93.24 — trading 16.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 15.54%. Sonal Mercantile's overall GF Score™ is 69/100 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 Sonal Mercantile (BOM:538943), the current ROE % Adjusted to Book Value is 15.54% 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 Sonal Mercantile (BOM:538943) Overvalued in 2026?

Based on GuruFocus' analysis, Sonal Mercantile stock appears to be undervalued. The current stock price of ₹93.24 is trading 16.7% below its estimated GF Value™ of ₹111.89. GuruFocus considers Sonal Mercantile to be Modestly Undervalued.

Key valuation signals for BOM:538943:

  • ROE % Adjusted to Book Value: 15.54%
  • GF Value™: ₹111.89 vs. price of ₹93.24 (16.7% below fair value)
  • GF Score™: 69/100 with 3 warning signs

No single metric tells the full story. See the BOM:538943 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sonal Mercantile Business Description

Address 365, Vardhman Plaza, III Floor, Sector-3, Rohini, New Delhi, IND, 110085
Sonal Mercantile Ltd is an India-based non-banking financial company. It is engaged in providing secured and unsecured loans and advances and is also involved in investing in quoted and unquoted securities in the stock and commodity markets. The company offers inter-corporate loans, personal loans, long-term and short-term loans, Trade financing, Bills Discounting, Project Appraisal, Loans against Guarantees, and Properties.
69GF Score

Get the complete analysis for BOM:538943

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

₹93.24
Price
₹111.89
GF Value