Mishra Dhatu Nigam (NSE:MIDHANI) ROE % Adjusted to Book Value: 6.15% (As of Mar. 2026)

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NSE:MIDHANI Mishra Dhatu Nigam Ltd NSE:MIDHANI
81 GF Score
Price ₹412.35
GF Value ₹464.61
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Mishra Dhatu Nigam ROE % Adjusted to Book Value?

Mishra Dhatu Nigam NSE:MIDHANI -0.85% 81 ROE % Adjusted to Book Value is 6.15% as of Mar. 2026. GuruFocus rates NSE:MIDHANI with a GF Score™ of 81/100 and a GF Value™ of ₹464.61 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Mishra Dhatu Nigam's ROE % for the quarter that ended in Mar. 2026 was 20.35%. Mishra Dhatu Nigam's PB Ratio for the quarter that ended in Mar. 2026 was 3.31. Mishra Dhatu Nigam's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 6.15%.


Mishra Dhatu Nigam ROE % Adjusted to Book Value Related Terms


Mishra Dhatu Nigam ROE % Adjusted to Book Value Historical Data

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The historical data trend for Mishra Dhatu Nigam'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.

Mishra Dhatu Nigam ROE % Adjusted to Book Value Chart

Mishra Dhatu Nigam 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 5.99 4.70 1.26 2.25 2.70

Mishra Dhatu Nigam 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 4.41 0.00 0.73 0.00 6.15

NSE:MIDHANI vs NUE, STLD, RS: ROE % Adjusted to Book Value Comparison

For the Steel subindustry, Mishra Dhatu Nigam'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.


Mishra Dhatu Nigam ROE % Adjusted to Book Value vs Steel Industry

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

* The bar in red indicates where Mishra Dhatu Nigam's ROE % Adjusted to Book Value falls into.


NSE:MIDHANI
81GF Score
Mishra Dhatu Nigam Ltd NSE:MIDHANI
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mishra Dhatu Nigam ROE % Adjusted to Book Value Calculation

Mishra Dhatu Nigam'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
=8.93% / 3.31
=2.70%

Mishra Dhatu Nigam'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
=20.35% / 3.31
=6.15%

* 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 6.15% mean?
Mishra Dhatu Nigam (NSE:MIDHANI) has a ROE % Adjusted to Book Value of 6.15% 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 Mishra Dhatu Nigam and its competitors.
Is Mishra Dhatu Nigam's ROE % Adjusted to Book Value too high?
Mishra Dhatu Nigam's current ROE % Adjusted to Book Value is 6.15%. Overall, Mishra Dhatu Nigam has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mishra Dhatu Nigam's ROE % Adjusted to Book Value compare to NUE and STLD?
Mishra Dhatu Nigam's ROE % Adjusted to Book Value of 6.15% 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 Mishra Dhatu Nigam and its competitors. Mishra Dhatu Nigam's current ROE % Adjusted to Book Value is 6.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mishra Dhatu Nigam stock overvalued right now?
Based on GuruFocus' analysis, Mishra Dhatu Nigam (NSE:MIDHANI) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹464.61, compared to a current price of ₹412.35 — trading 11.2% below its estimated fair value. The current ROE % Adjusted to Book Value is 6.15%. Mishra Dhatu Nigam's overall GF Score™ is 81/100 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 Mishra Dhatu Nigam (NSE:MIDHANI), the current ROE % Adjusted to Book Value is 6.15% 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 Mishra Dhatu Nigam (NSE:MIDHANI) Overvalued in 2026?

Based on GuruFocus' analysis, Mishra Dhatu Nigam stock appears to be undervalued. The current stock price of ₹412.35 is trading 11.2% below its estimated GF Value™ of ₹464.61. GuruFocus considers Mishra Dhatu Nigam to be Modestly Undervalued.

Key valuation signals for NSE:MIDHANI:

  • ROE % Adjusted to Book Value: 6.15%
  • GF Value™: ₹464.61 vs. price of ₹412.35 (11.2% below fair value)
  • GF Score™: 81/100 with 5 warning signs

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


Mishra Dhatu Nigam Business Description

Other Exchanges 541195:India
Address P.O. Kanchanbagh, Hyderabad, TG, IND, 500058
Mishra Dhatu Nigam Ltd is engaged in the business of manufacturing superalloys, titanium, special purpose steel, and other special metals. Its product portfolio includes titanium and titanium alloys, special steel, fasteners, investment castings, open-die forgings, and others. Geographically, the company caters to both Indian and international markets, of which, a majority of its revenue is derived from its business in India.
81GF Score

Get the complete analysis for NSE:MIDHANI

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

₹412.35
Price
₹464.61
GF Value