Elecon Engineering Co (NSE:ELECON) ROE % Adjusted to Book Value: 0.30% (As of Mar. 2026)


NSE:ELECON Elecon Engineering Co Ltd NSE:ELECON
95 GF Score
Price ₹522.80
GF Value ₹644.83
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Elecon Engineering Co ROE % Adjusted to Book Value?

Elecon Engineering Co NSE:ELECON +0.11% 95 ROE % Adjusted to Book Value is 0.30% as of Mar. 2026. GuruFocus rates NSE:ELECON with a GF Score™ of 95/100 and a GF Value™ of ₹644.83 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Elecon Engineering Co's ROE % for the quarter that ended in Mar. 2026 was 1.04%. Elecon Engineering Co's PB Ratio for the quarter that ended in Mar. 2026 was 3.45. Elecon Engineering Co's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 0.30%.


Elecon Engineering Co ROE % Adjusted to Book Value Related Terms


Elecon Engineering Co ROE % Adjusted to Book Value Historical Data

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The historical data trend for Elecon Engineering Co'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.

Elecon Engineering Co ROE % Adjusted to Book Value Chart

Elecon Engineering Co 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 9.27 6.09 3.72 4.57 4.59

Elecon Engineering Co 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 5.82 0.00 2.75 0.00 0.30

NSE:ELECON vs GEV, ETN, PH: ROE % Adjusted to Book Value Comparison

For the Specialty Industrial Machinery subindustry, Elecon Engineering Co'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.


Elecon Engineering Co ROE % Adjusted to Book Value vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Elecon Engineering Co's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Elecon Engineering Co's ROE % Adjusted to Book Value falls into.


NSE:ELECON
95GF Score
Elecon Engineering Co Ltd NSE:ELECON
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Elecon Engineering Co ROE % Adjusted to Book Value Calculation

Elecon Engineering Co'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
=15.85% / 3.45
=4.59%

Elecon Engineering Co'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
=1.04% / 3.45
=0.30%

* 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 0.30% mean?
Elecon Engineering Co (NSE:ELECON) has a ROE % Adjusted to Book Value of 0.30% 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 Elecon Engineering Co and its competitors.
Is Elecon Engineering Co's ROE % Adjusted to Book Value too high?
Elecon Engineering Co's current ROE % Adjusted to Book Value is 0.30%. Overall, Elecon Engineering Co has a GF Score™ of 95/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Elecon Engineering Co's ROE % Adjusted to Book Value compare to GEV and ETN?
Elecon Engineering Co's ROE % Adjusted to Book Value of 0.30% can be compared against companies in the Industrial Products 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 Industrial Products company?
A good ROE % Adjusted to Book Value depends on the Industrial Products 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 Elecon Engineering Co and its competitors. Elecon Engineering Co's current ROE % Adjusted to Book Value is 0.30%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elecon Engineering Co stock overvalued right now?
Based on GuruFocus' analysis, Elecon Engineering Co (NSE:ELECON) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹644.83, compared to a current price of ₹522.80 — trading 18.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 0.30%. Elecon Engineering Co's overall GF Score™ is 95/100 with 5 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 Elecon Engineering Co (NSE:ELECON), the current ROE % Adjusted to Book Value is 0.30% 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 Elecon Engineering Co (NSE:ELECON) Overvalued in 2026?

Based on GuruFocus' analysis, Elecon Engineering Co stock appears to be undervalued. The current stock price of ₹522.80 is trading 18.9% below its estimated GF Value™ of ₹644.83. GuruFocus considers Elecon Engineering Co to be Modestly Undervalued.

Key valuation signals for NSE:ELECON:

  • ROE % Adjusted to Book Value: 0.30%
  • GF Value™: ₹644.83 vs. price of ₹522.80 (18.9% below fair value)
  • GF Score™: 95/100 with 5 warning signs

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


Elecon Engineering Co Business Description

Other Exchanges 505700:India
Address Anand-Sojitra Road, Vallabh Vidyanagar, GJ, IND, 388120
Elecon Engineering Co Ltd is an India-based company engaged in the manufacturing of material handling equipment and industrial gears. It operates through two segments, namely, the Material Handling Equipment segment, which engages in the manufacturing of raw material handling systems, stackers, reclaimers, bagging and weighing machines, wagon and truck loaders, crushers, wagon tipplers, feeders, and port equipment; and Transmission Equipment segment, which manufactures material transmission equipment like gearboxes, couplings, and elevator traction machines. It generates maximum revenue from transmission equipment sales. The group has a business presence in India and Outside India.
95GF 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.

₹522.80
Price
₹644.83
GF Value