Permanent MagnetsBOM:504132 +3.31%71 ROE % is 10.14% as of Mar. 2026, which is 61% below its 10-year median of 26.04. GuruFocus rates BOM:504132 with a GF Score™ of 71/100 and a GF Value™ of ₹1,086.56 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 3,001 Industrial Products companies, Permanent Magnets ranks better than 67.04% on this metric.
The historical rank and industry rank for Permanent Magnets's ROE % or its related term are showing as below:
BOM:504132'
s ROE % Range Over the Past 10 Years
Min: 9.57 Med: 26.04 Max: 57.33
Current: 9.8
During the past 13 years, Permanent Magnets's highest ROE % was 57.33%. The lowest was 9.57%. And the median was 26.04%.
BOM:504132's ROE % is ranked better than 67.04% of 3001
companies
in the Industrial Products industry
Industry Median: 5.85
vs BOM:504132: 9.80
Permanent Magnets (BOM:504132) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Permanent Magnets ROE % Related Terms
Permanent Magnets ROE % Historical Data
* Premium members only.
The historical data trend for Permanent Magnets's ROE % 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.
For the Electrical Equipment & Parts subindustry, Permanent Magnets's ROE %, along with its competitors' market caps and ROE % 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.
Permanent Magnets ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Permanent Magnets's ROE % distribution charts can be found below:
* The bar in red indicates where Permanent Magnets's ROE % falls into.
* 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Permanent Magnets (BOM:504132) has a ROE % of 10.14% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Permanent Magnets and its competitors. This is 61% below median its historical median of 26.04. Over the past decade, Permanent Magnets' ROE % has ranged from 9.57 to 57.33. According to the industry distribution chart, Permanent Magnets ranks #989 out of 3001 companies in the Industrial Products industry, placing it in the top 33%.
Is Permanent Magnets' ROE % too high?
Permanent Magnets' current ROE % of 10.14% is 61% below median its 10-year median of 26.04. Over the past 10 years, this metric has ranged from a low of 9.57 to a high of 57.33. The Industrial Products industry median ROE % is 5.85. Permanent Magnets' value of 10.14% is 73.3% above this industry median. Based on the distribution chart, Permanent Magnets ranks #989 out of 3001 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Permanent Magnets has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Permanent Magnets' ROE % compare to VRT and BE?
According to the Industrial Products industry distribution chart, Permanent Magnets ranks #989 out of 3001 companies for ROE %. This puts Permanent Magnets in the upper half of its industry. The industry median ROE % is 5.85. Permanent Magnets' value of 10.14% is 73.3% above this benchmark. Historically, Permanent Magnets' own ROE % has ranged from 9.57 to 57.33 over the past decade. While the company's 10-year median is 26.04 vs. the industry median of 5.85, Permanent Magnets has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Industrial Products company?
The median ROE % among Industrial Products companies is 5.85, based on 3,001 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Permanent Magnets's current ROE % of 10.14% is 73.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Permanent Magnets and its competitors. For the Industrial Products industry, the median ROE % is 5.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Permanent Magnets's current ROE % is 10.14%, which is 61% below median its own 10-year median of 26.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Permanent Magnets stock overvalued right now?
Based on GuruFocus' analysis, Permanent Magnets (BOM:504132) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,086.56, compared to a current price of ₹961.90 — trading 11.5% below its estimated fair value. The current ROE % is 10.14%, which is 61% below median its 10-year median of 26.04 and 73.3% above the Industrial Products industry median of 5.85. Permanent Magnets' overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Permanent Magnets (BOM:504132), the current ROE % is 10.14% 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 Permanent Magnets (BOM:504132) Overvalued in 2026?
Based on GuruFocus' analysis, Permanent Magnets stock appears to be undervalued.
The current stock price of ₹961.90 is trading 11.5% below its estimated GF Value™ of ₹1,086.56.
GuruFocus considers Permanent Magnets to be Modestly Undervalued.
Key valuation signals for BOM:504132:
ROE %: 10.14% (61% below median its 10-year median of 26.04)
GF Value™: ₹1,086.56 vs. price of ₹961.90 (11.5% below fair value)
Industry Position: 73.3% above the Industrial Products median (#989 of 3001)
No single metric tells the full story. See the BOM:504132 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Permanent Magnets Ltd is an Indian based company. It is engaged in the manufacturing of cast alloy magnets, parts, and accessories for electricity and electric vehicle parts in the world. PML also supplies Gas meter parts and accessories. The assembly includes die-cast parts, plastic parts, brass parts, bi-metal parts, stainless steel parts, and special copper alloy and nickel alloy parts. Its products are used in electronics, electricity meters, the automobile industry, telecommunication, defense, space research, aeronautics, railways, and electricity generation industries. The company derives the majority of its revenue from sales of parts and accessories of the electricity meter. It operates in a single segment, which is Engineering and Current Sensing applications.
71GF Score
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