Shri Techtex (NSE:SHRITECH) ROE % Adjusted to Book Value: 19.37% (As of Mar. 2026)


NSE:SHRITECH Shri Techtex Ltd NSE:SHRITECH
72 GF Score
Price ₹63.65
GF Value ₹77.92
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Shri Techtex ROE % Adjusted to Book Value?

Shri Techtex NSE:SHRITECH 72 ROE % Adjusted to Book Value is 19.37% as of Mar. 2026. GuruFocus rates NSE:SHRITECH with a GF Score™ of 72/100 and a GF Value™ of ₹77.92 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Shri Techtex's ROE % for the quarter that ended in Mar. 2026 was 23.82%. Shri Techtex's PB Ratio for the quarter that ended in Mar. 2026 was 1.23. Shri Techtex's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 19.37%.


Shri Techtex ROE % Adjusted to Book Value Related Terms


Shri Techtex ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Shri Techtex'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.

Shri Techtex ROE % Adjusted to Book Value Chart

Shri Techtex Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 0.00 0.00 11.90 8.98 14.50

Shri Techtex Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 10.31 8.26 7.39 19.37

Shri Techtex ROE % Adjusted to Book Value Competitor Comparison

For the Textile Manufacturing subindustry, Shri Techtex'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.


Shri Techtex ROE % Adjusted to Book Value vs Manufacturing - Apparel & Accessories Industry

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

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


NSE:SHRITECH
72GF Score
Shri Techtex Ltd NSE:SHRITECH
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Shri Techtex ROE % Adjusted to Book Value Calculation

Shri Techtex'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
=17.83% / 1.23
=14.50%

Shri Techtex'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
=23.82% / 1.23
=19.37%

* 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 19.37% mean?
Shri Techtex (NSE:SHRITECH) has a ROE % Adjusted to Book Value of 19.37% 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 Shri Techtex and its competitors.
Is Shri Techtex's ROE % Adjusted to Book Value too high?
Shri Techtex's current ROE % Adjusted to Book Value is 19.37%. Overall, Shri Techtex has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shri Techtex's ROE % Adjusted to Book Value compare to competitors?
Shri Techtex's ROE % Adjusted to Book Value of 19.37% 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 Shri Techtex and its competitors. Shri Techtex's current ROE % Adjusted to Book Value is 19.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shri Techtex stock overvalued right now?
Based on GuruFocus' analysis, Shri Techtex (NSE:SHRITECH) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹77.92, compared to a current price of ₹63.65 — trading 18.3% below its estimated fair value. The current ROE % Adjusted to Book Value is 19.37%. Shri Techtex's overall GF Score™ is 72/100 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 Shri Techtex (NSE:SHRITECH), the current ROE % Adjusted to Book Value is 19.37% 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 Shri Techtex (NSE:SHRITECH) Overvalued in 2026?

Based on GuruFocus' analysis, Shri Techtex stock appears to be undervalued. The current stock price of ₹63.65 is trading 18.3% below its estimated GF Value™ of ₹77.92. GuruFocus considers Shri Techtex to be Modestly Undervalued.

Key valuation signals for NSE:SHRITECH:

  • ROE % Adjusted to Book Value: 19.37%
  • GF Value™: ₹77.92 vs. price of ₹63.65 (18.3% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Shri Techtex Business Description

Address Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Shri Techtex Ltd is engaged in the business of manufacturing of technical textile. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.
72GF Score

Get the complete analysis for NSE:SHRITECH

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

₹63.65
Price
₹77.92
GF Value