Central Depository Services (India) (NSE:CDSL) ROE % Adjusted to Book Value: 1.37% (As of Mar. 2026)


NSE:CDSL Central Depository Services (India) Ltd NSE:CDSL
98 GF Score
Price ₹1,358.60
GF Value ₹1,630.75
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Central Depository Services (India) ROE % Adjusted to Book Value?

Central Depository Services (India) NSE:CDSL +0.59% 98 ROE % Adjusted to Book Value is 1.37% as of Mar. 2026. GuruFocus rates NSE:CDSL with a GF Score™ of 98/100 and a GF Value™ of ₹1,630.75 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Central Depository Services (India)'s ROE % for the quarter that ended in Mar. 2026 was 16.37%. Central Depository Services (India)'s PB Ratio for the quarter that ended in Mar. 2026 was 11.93. Central Depository Services (India)'s ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 1.37%.


Central Depository Services (India) ROE % Adjusted to Book Value Related Terms


Central Depository Services (India) ROE % Adjusted to Book Value Historical Data

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The historical data trend for Central Depository Services (India)'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.

Central Depository Services (India) ROE % Adjusted to Book Value Chart

Central Depository Services (India) 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 2.23 3.06 2.56 2.25 2.05

Central Depository Services (India) 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 1.57 0.00 1.84 0.00 1.37

NSE:CDSL vs MS, GS, SCHW: ROE % Adjusted to Book Value Comparison

For the Capital Markets subindustry, Central Depository Services (India)'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.


Central Depository Services (India) ROE % Adjusted to Book Value vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Central Depository Services (India)'s ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Central Depository Services (India)'s ROE % Adjusted to Book Value falls into.


NSE:CDSL
98GF Score
Central Depository Services (India) Ltd NSE:CDSL
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Depository Services (India) ROE % Adjusted to Book Value Calculation

Central Depository Services (India)'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
=24.52% / 11.94
=2.05%

Central Depository Services (India)'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
=16.37% / 11.93
=1.37%

* 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 1.37% mean?
Central Depository Services (India) (NSE:CDSL) has a ROE % Adjusted to Book Value of 1.37% 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 Central Depository Services (India) and its competitors.
Is Central Depository Services (India)'s ROE % Adjusted to Book Value too high?
Central Depository Services (India)'s current ROE % Adjusted to Book Value is 1.37%. Overall, Central Depository Services (India) has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Central Depository Services (India)'s ROE % Adjusted to Book Value compare to MS and GS?
Central Depository Services (India)'s ROE % Adjusted to Book Value of 1.37% can be compared against companies in the Capital Markets 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 Capital Markets company?
A good ROE % Adjusted to Book Value depends on the Capital Markets 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 Central Depository Services (India) and its competitors. Central Depository Services (India)'s current ROE % Adjusted to Book Value is 1.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Depository Services (India) stock overvalued right now?
Based on GuruFocus' analysis, Central Depository Services (India) (NSE:CDSL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,630.75, compared to a current price of ₹1,358.60 — trading 16.7% below its estimated fair value. The current ROE % Adjusted to Book Value is 1.37%. Central Depository Services (India)'s overall GF Score™ is 98/100 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 Central Depository Services (India) (NSE:CDSL), the current ROE % Adjusted to Book Value is 1.37% 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 Central Depository Services (India) (NSE:CDSL) Overvalued in 2026?

Based on GuruFocus' analysis, Central Depository Services (India) stock appears to be undervalued. The current stock price of ₹1,358.60 is trading 16.7% below its estimated GF Value™ of ₹1,630.75. GuruFocus considers Central Depository Services (India) to be Modestly Undervalued.

Key valuation signals for NSE:CDSL:

  • ROE % Adjusted to Book Value: 1.37%
  • GF Value™: ₹1,630.75 vs. price of ₹1,358.60 (16.7% below fair value)
  • GF Score™: 98/100 with 3 warning signs

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


Central Depository Services (India) Business Description

Address N.M Joshi Marg, Unit No. A-2501, A Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel East, Mumbai, MH, IND, 400013
Central Depository Services (India) Ltd is a securities depository in India. It offers dematerialization for a wide range of securities, including equity shares, preference shares, mutual fund units, debt instruments, and government securities. In addition, it is involved in centralized record keeping of KYC documents of investors, and providing repository services to policyholders to store their receipts and policies in electronic form. The group operates in three segments: Depository, Data Entry, and Storage and Repository. A majority of its revenue is generated from the Depository segment, which provides various services to investors, including dematerialization, rematerialization, holding, transfer, and pledge of securities in electronic form, as well as e-voting services to companies.
98GF Score

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

₹1,358.60
Price
₹1,630.75
GF Value