Bombay Wire RopesBOM:504648 -2.44%23 ROE % is -3.00% as of Mar. 2026. GuruFocus rates BOM:504648 with a GF Score™ of 23/100. The stock has 1 warning sign investors should review. Among 493 Diversified Financial Services companies, Bombay Wire Ropes ranks worse than 70.59% on this metric.
The historical rank and industry rank for Bombay Wire Ropes's ROE % or its related term are showing as below:
BOM:504648'
s ROE % Range Over the Past 10 Years
Min: -32.56 Med: -2.3 Max: 2.33
Current: -0.99
During the past 13 years, Bombay Wire Ropes's highest ROE % was 2.33%. The lowest was -32.56%. And the median was -2.30%.
BOM:504648's ROE % is ranked worse than 70.59% of 493
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs BOM:504648: -0.99
Bombay Wire Ropes (BOM:504648) 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.
Bombay Wire Ropes ROE % Related Terms
Bombay Wire Ropes ROE % Historical Data
* Premium members only.
The historical data trend for Bombay Wire Ropes'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 Shell Companies subindustry, Bombay Wire Ropes'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.
Bombay Wire Ropes ROE % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, Bombay Wire Ropes's ROE % distribution charts can be found below:
* The bar in red indicates where Bombay Wire Ropes'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.
Bombay Wire Ropes (BOM:504648) has a ROE % of -3.00% 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 Bombay Wire Ropes and its competitors. According to the industry distribution chart, Bombay Wire Ropes ranks #348 out of 493 companies in the Diversified Financial Services industry, placing it in the top 70.6%.
Is Bombay Wire Ropes' ROE % too high?
Bombay Wire Ropes' current ROE % is -3.00%. Based on the distribution chart, Bombay Wire Ropes ranks #348 out of 493 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Bombay Wire Ropes has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Bombay Wire Ropes' ROE % compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Bombay Wire Ropes ranks #348 out of 493 companies for ROE %. This places Bombay Wire Ropes in the lower half of its industry. The industry median ROE % is 1.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 493 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. 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 Bombay Wire Ropes and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bombay Wire Ropes's current ROE % is -3.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bombay Wire Ropes stock overvalued right now?
Bombay Wire Ropes (BOM:504648) has a current ROE % of -3.00%. The current ROE % is -3.00%. Bombay Wire Ropes' overall GF Score™ is 23/100 with 1 warning sign 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 Bombay Wire Ropes (BOM:504648), the current ROE % is -3.00% 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.
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