Le Merite Exports (NSE:LEMERITE) ROE % Adjusted to Book Value: 0.29% (As of Mar. 2026)


NSE:LEMERITE Le Merite Exports Ltd NSE:LEMERITE
68 GF Score
Price ₹22.03
GF Value ₹33.92
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Le Merite Exports ROE % Adjusted to Book Value?

Le Merite Exports NSE:LEMERITE +4.95% 68 ROE % Adjusted to Book Value is 0.29% as of Mar. 2026. GuruFocus rates NSE:LEMERITE with a GF Score™ of 68/100 and a GF Value™ of ₹33.92 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Le Merite Exports's ROE % for the quarter that ended in Mar. 2026 was 2.37%. Le Merite Exports's PB Ratio for the quarter that ended in Mar. 2026 was 8.17. Le Merite Exports's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 0.29%.

Le Merite Exports ROE % Adjusted to Book Value Related Terms

Le Merite Exports ROE % Adjusted to Book Value Historical Data

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The historical data trend for Le Merite Exports'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.

Le Merite Exports ROE % Adjusted to Book Value Chart

Le Merite Exports Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 5.92 1.21 0.83 1.14

Le Merite Exports Quarterly Data
Mar19 Mar20 Mar21 Dec21 Mar22 Sep22 Mar23 Sep23 Mar24 Dec24 Mar25 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 0.00 1.31 0.00 0.00 0.29

Le Merite Exports ROE % Adjusted to Book Value Competitor Comparison

For the Textile Manufacturing subindustry, Le Merite Exports'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.

Le Merite Exports ROE % Adjusted to Book Value vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Le Merite Exports's ROE % Adjusted to Book Value falls into.


NSE:LEMERITE
68GF Score
Le Merite Exports Ltd NSE:LEMERITE
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Le Merite Exports ROE % Adjusted to Book Value Calculation

Le Merite Exports'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
=9.32% / 8.17
=1.14%

Le Merite Exports'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
=2.37% / 8.17
=0.29%

* 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 0.29% mean?
Le Merite Exports (NSE:LEMERITE) has a ROE % Adjusted to Book Value of 0.29% 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 Le Merite Exports and its competitors.
Is Le Merite Exports' ROE % Adjusted to Book Value too high?
Le Merite Exports' current ROE % Adjusted to Book Value is 0.29%. Overall, Le Merite Exports has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Le Merite Exports' ROE % Adjusted to Book Value compare to competitors?
Le Merite Exports' ROE % Adjusted to Book Value of 0.29% can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good ROE % Adjusted to Book Value depends on the Manufacturing - Apparel & Accessories 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 Le Merite Exports and its competitors. Le Merite Exports's current ROE % Adjusted to Book Value is 0.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Merite Exports stock overvalued right now?
Based on GuruFocus' analysis, Le Merite Exports (NSE:LEMERITE) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹33.92, compared to a current price of ₹22.03 — trading 35.1% below its estimated fair value. The current ROE % Adjusted to Book Value is 0.29%. Le Merite Exports' overall GF Score™ is 68/100 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 Le Merite Exports (NSE:LEMERITE), the current ROE % Adjusted to Book Value is 0.29% 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 Le Merite Exports (NSE:LEMERITE) Overvalued in 2026?

Based on GuruFocus' analysis, Le Merite Exports stock appears to be undervalued. The current stock price of ₹22.03 is trading 35.1% below its estimated GF Value™ of ₹33.92. GuruFocus considers Le Merite Exports to be Significantly Undervalued.

Key valuation signals for NSE:LEMERITE:

  • ROE % Adjusted to Book Value: 0.29%
  • GF Value™: ₹33.92 vs. price of ₹22.03 (35.1% below fair value)
  • GF Score™: 68/100 with 5 warning signs

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

Le Merite Exports Business Description

Address 1 st Floor, Chandivali Farm Road, B1-104D, Boomerang, Powai, Andheri- East, Mumbai, MH, IND, 400072
Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is textile business.
68GF Score

Get the complete analysis for NSE:LEMERITE

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

₹22.03
Price
₹33.92
GF Value