The historical rank and industry rank for Azad India Mobility's ROE % or its related term are showing as below:
BOM:504731'
s ROE % Range Over the Past 10 Years
Min: -74.41 Med: -18.69 Max: 2.48
Current: 2.23
During the past 13 years, Azad India Mobility's highest ROE % was 2.48%. The lowest was -74.41%. And the median was -18.69%.
BOM:504731's ROE % is ranked worse than 57.61% of 618
companies
in the Steel industry
Industry Median: 3.69
vs BOM:504731: 2.23
Azad India Mobility (BOM:504731) 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.
Azad India Mobility ROE % Related Terms
Azad India Mobility ROE % Historical Data
* Premium members only.
The historical data trend for Azad India Mobility'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 Steel subindustry, Azad India Mobility'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.
Azad India Mobility ROE % vs Steel Industry
For the Steel industry and Basic Materials sector, Azad India Mobility's ROE % distribution charts can be found below:
* The bar in red indicates where Azad India Mobility'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.
Azad India Mobility (BOM:504731) has a ROE % of 4.29% 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 Azad India Mobility and its competitors. According to the industry distribution chart, Azad India Mobility ranks #356 out of 618 companies in the Steel industry, placing it in the top 57.6%.
Is Azad India Mobility's ROE % too high?
Azad India Mobility's current ROE % is 4.29%. The Steel industry median ROE % is 3.69. Azad India Mobility's value of 4.29% is 16.3% above this industry median. Based on the distribution chart, Azad India Mobility ranks #356 out of 618 companies in the Steel industry, which is below the industry midpoint. Overall, Azad India Mobility has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Azad India Mobility's ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Azad India Mobility ranks #356 out of 618 companies for ROE %. This places Azad India Mobility in the lower half of its industry. The industry median ROE % is 3.69. Azad India Mobility's value of 4.29% is 16.3% above this benchmark. 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 Steel company?
The median ROE % among Steel companies is 3.69, based on 618 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. Azad India Mobility's current ROE % of 4.29% is 16.3% 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 Azad India Mobility and its competitors. For the Steel industry, the median ROE % is 3.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Azad India Mobility's current ROE % is 4.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azad India Mobility stock overvalued right now?
Azad India Mobility (BOM:504731) has a current ROE % of 4.29%. The current ROE % is 4.29% and 16.3% above the Steel industry median of 3.69. Azad India Mobility's overall GF Score™ is 32/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Azad India Mobility (BOM:504731), the current ROE % is 4.29% 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.
Azad India Mobility Ltd is engaged in the business of manufacturing of electric buses designed for superior efficiency, safety, and passenger comfort. The company operates only in India.
32GF Score
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