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The historical rank and industry rank for Panasonic Carbon India Co's ROE % or its related term are showing as below:
BOM:508941'
s ROE % Range Over the Past 10 Years
Min: 9.13 Med: 12.53 Max: 19
Current: 11.84
During the past 13 years, Panasonic Carbon India Co's highest ROE % was 19.00%. The lowest was 9.13%. And the median was 12.53%.
BOM:508941's ROE % is ranked better than 75.74% of 2428
companies
in the Hardware industry
Industry Median: 4.675
vs BOM:508941: 11.84
Panasonic Carbon India Co (BOM:508941) 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.
* 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 Electronic Components subindustry, Panasonic Carbon India Co'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.
Panasonic Carbon India Co ROE % vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Carbon India Co's ROE % distribution charts can be found below:
* The bar in red indicates where Panasonic Carbon India Co'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.
Panasonic Carbon India Co (BOM:508941) has a ROE % of 9.72% 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 Panasonic Carbon India Co and its competitors. This is 22% below median its historical median of 12.53. Over the past decade, Panasonic Carbon India Co's ROE % has ranged from 9.13 to 19.00. According to the industry distribution chart, Panasonic Carbon India Co ranks #589 out of 2428 companies in the Hardware industry, placing it in the top 24.3%.
Is Panasonic Carbon India Co's ROE % too high?
Panasonic Carbon India Co's current ROE % of 9.72% is 22% below median its 10-year median of 12.53. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 19.00. The Hardware industry median ROE % is 4.68. Panasonic Carbon India Co's value of 9.72% is 107.9% above this industry median. Based on the distribution chart, Panasonic Carbon India Co ranks #589 out of 2428 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Carbon India Co has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Carbon India Co's ROE % compare to APH and GLW?
According to the Hardware industry distribution chart, Panasonic Carbon India Co ranks #589 out of 2428 companies for ROE %. This places Panasonic Carbon India Co in the top 24% of its industry — outperforming the majority of peers. The industry median ROE % is 4.68. Panasonic Carbon India Co's value of 9.72% is 107.9% above this benchmark. Historically, Panasonic Carbon India Co's own ROE % has ranged from 9.13 to 19.00 over the past decade. While the company's 10-year median is 12.53 vs. the industry median of 4.68, Panasonic Carbon India Co 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 a Hardware company?
The median ROE % among Hardware companies is 4.68, based on 2,428 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. Panasonic Carbon India Co's current ROE % of 9.72% is 107.9% 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 Panasonic Carbon India Co and its competitors. For the Hardware industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Carbon India Co's current ROE % is 9.72%, which is 22% below median its own 10-year median of 12.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Carbon India Co stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Carbon India Co (BOM:508941) is currently considered Fairly Valued. The stock's GF Value™ is ₹510.72, compared to a current price of ₹462.55 — trading 9.4% below its estimated fair value. The current ROE % is 9.72%, which is 22% below median its 10-year median of 12.53 and 107.9% above the Hardware industry median of 4.68. Panasonic Carbon India Co's overall GF Score™ is 74/100 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 Panasonic Carbon India Co (BOM:508941), the current ROE % is 9.72% 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 Panasonic Carbon India Co (BOM:508941) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Carbon India Co stock appears to be undervalued.
The current stock price of ₹462.55 is trading 9.4% below its estimated GF Value™ of ₹510.72.
GuruFocus considers Panasonic Carbon India Co to be Fairly Valued.
Key valuation signals for BOM:508941:
ROE %: 9.72% (22% below median its 10-year median of 12.53)
GF Value™: ₹510.72 vs. price of ₹462.55 (9.4% below fair value)
Industry Position: 107.9% above the Hardware median (#589 of 2428)
No single metric tells the full story. See the BOM:508941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Carbon India Co Ltd is engaged in the manufacture of carbon rods/carbon electrodes, which are used as a key component in dry cell batteries, catering to both domestic and export markets, including supplies to Panasonic group companies. Its product is carbon rods. The Company operates a manufacturing facility in Nellore District, Andhra Pradesh, and supplies its products to battery manufacturers in India as well as to overseas customers. Geographically, the Company operates in India and the rest of the world, with India generating maximum revenue.
74GF Score
Get the complete analysis for BOM:508941
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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