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Pioneer InvestcorpBOM:507864 -0.74%62 ROE % is 3.94% as of Mar. 2026, which is 52% above its 10-year median of 2.60. GuruFocus rates BOM:507864 with a GF Score™ of 62/100 and a GF Value™ of ₹73.34 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 792 Capital Markets companies, Pioneer Investcorp ranks better than 62.5% on this metric.
The historical rank and industry rank for Pioneer Investcorp's ROE % or its related term are showing as below:
BOM:507864'
s ROE % Range Over the Past 10 Years
Min: 0.17 Med: 2.6 Max: 15.18
Current: 9.7
During the past 13 years, Pioneer Investcorp's highest ROE % was 15.18%. The lowest was 0.17%. And the median was 2.60%.
BOM:507864's ROE % is ranked better than 62.5% of 792
companies
in the Capital Markets industry
Industry Median: 6.065
vs BOM:507864: 9.70
Pioneer Investcorp (BOM:507864) 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.
Pioneer Investcorp ROE % Related Terms
Pioneer Investcorp ROE % Historical Data
* Premium members only.
The historical data trend for Pioneer Investcorp'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 Capital Markets subindustry, Pioneer Investcorp'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.
Pioneer Investcorp ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Pioneer Investcorp's ROE % distribution charts can be found below:
* The bar in red indicates where Pioneer Investcorp'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.
Pioneer Investcorp (BOM:507864) has a ROE % of 3.94% 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 Pioneer Investcorp and its competitors. This is 52% above median its historical median of 2.60. Over the past decade, Pioneer Investcorp's ROE % has ranged from 0.17 to 15.18. According to the industry distribution chart, Pioneer Investcorp ranks #297 out of 792 companies in the Capital Markets industry, placing it in the top 37.5%.
Is Pioneer Investcorp's ROE % too high?
Pioneer Investcorp's current ROE % of 3.94% is 52% above median its 10-year median of 2.60. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 15.18. The Capital Markets industry median ROE % is 6.07. Pioneer Investcorp's value of 3.94% is 35% below this industry median. Based on the distribution chart, Pioneer Investcorp ranks #297 out of 792 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Pioneer Investcorp has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pioneer Investcorp's ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Pioneer Investcorp ranks #297 out of 792 companies for ROE %. This puts Pioneer Investcorp in the upper half of its industry. The industry median ROE % is 6.07. Pioneer Investcorp's value of 3.94% is 35% below this benchmark. Historically, Pioneer Investcorp's own ROE % has ranged from 0.17 to 15.18 over the past decade. While the company's 10-year median is 2.60 vs. the industry median of 6.07, Pioneer Investcorp has consistently been below 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 a Capital Markets company?
The median ROE % among Capital Markets companies is 6.07, based on 792 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. Pioneer Investcorp's current ROE % of 3.94% is 35% below 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 Pioneer Investcorp and its competitors. For the Capital Markets industry, the median ROE % is 6.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pioneer Investcorp's current ROE % is 3.94%, which is 52% above median its own 10-year median of 2.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pioneer Investcorp stock overvalued right now?
Based on GuruFocus' analysis, Pioneer Investcorp (BOM:507864) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹73.34, compared to a current price of ₹93.30 — trading 27.2% above its estimated fair value. The current ROE % is 3.94%, which is 52% above median its 10-year median of 2.60 and 35% below the Capital Markets industry median of 6.07. Pioneer Investcorp's overall GF Score™ is 62/100 with 6 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 Pioneer Investcorp (BOM:507864), the current ROE % is 3.94% 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 Pioneer Investcorp (BOM:507864) Overvalued in 2026?
Based on GuruFocus' analysis, Pioneer Investcorp stock appears to be overvalued.
The current stock price of ₹93.30 is trading 27.2% above its estimated GF Value™ of ₹73.34.
GuruFocus considers Pioneer Investcorp to be Modestly Overvalued.
Key valuation signals for BOM:507864:
ROE %: 3.94% (52% above median its 10-year median of 2.60)
GF Value™: ₹73.34 vs. price of ₹93.30 (27.2% above fair value)
Industry Position: 35% below the Capital Markets median (#297 of 792)
No single metric tells the full story. See the BOM:507864 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pioneer Investcorp Ltd is a financial services company specializing in investment banking and advisory services. The company is a SEBI registered category I Merchant Banker. Its investment banking services include private equity advisory, merchant banking, corporate finance advisory, and strategic alliances, debt syndication, structured transactions, and mergers and acquisitions. The company also deals in products like Treasury Bills, Government securities, State Development Loans, Non-SLR Bonds, Corporate Bonds, and money market instruments like Certificates of Deposit, Commercial Paper, Inter-Corporate Deposits, and Call and notice Money Deposits. It also provides underwriting, claims, reinsurance, and risk management for a diverse set of clients.
62GF Score
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