Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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 Capital Markets subindustry, Aryaman Financial Services'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.
Aryaman Financial Services ROE % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Aryaman Financial Services's ROE % distribution charts can be found below:
* The bar in red indicates where Aryaman Financial Services'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.
Aryaman Financial Services (BOM:530245) has a ROE % of 11.43% 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 Aryaman Financial Services and its competitors. This is 16% above median its historical median of 9.84. Over the past decade, Aryaman Financial Services' ROE % has ranged from 2.34 to 31.31. According to the industry distribution chart, Aryaman Financial Services ranks #146 out of 793 companies in the Capital Markets industry, placing it in the top 18.4%.
Is Aryaman Financial Services' ROE % too high?
Aryaman Financial Services' current ROE % of 11.43% is 16% above median its 10-year median of 9.84. Over the past 10 years, this metric has ranged from a low of 2.34 to a high of 31.31. The Capital Markets industry median ROE % is 6.01. Aryaman Financial Services' value of 11.43% is 90.2% above this industry median. Based on the distribution chart, Aryaman Financial Services ranks #146 out of 793 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Aryaman Financial Services has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aryaman Financial Services' ROE % compare to MS and GS?
According to the Capital Markets industry distribution chart, Aryaman Financial Services ranks #146 out of 793 companies for ROE %. This places Aryaman Financial Services in the top 18% of its industry — outperforming the majority of peers. The industry median ROE % is 6.01. Aryaman Financial Services' value of 11.43% is 90.2% above this benchmark. Historically, Aryaman Financial Services' own ROE % has ranged from 2.34 to 31.31 over the past decade. While the company's 10-year median is 9.84 vs. the industry median of 6.01, Aryaman Financial Services 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 Capital Markets company?
The median ROE % among Capital Markets companies is 6.01, based on 793 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. Aryaman Financial Services's current ROE % of 11.43% is 90.2% 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 Aryaman Financial Services and its competitors. For the Capital Markets industry, the median ROE % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aryaman Financial Services's current ROE % is 11.43%, which is 16% above median its own 10-year median of 9.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aryaman Financial Services stock overvalued right now?
Based on GuruFocus' analysis, Aryaman Financial Services (BOM:530245) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹480.07, compared to a current price of ₹583.10 — trading 21.5% above its estimated fair value. The current ROE % is 11.43%, which is 16% above median its 10-year median of 9.84 and 90.2% above the Capital Markets industry median of 6.01. Aryaman Financial Services' overall GF Score™ is 71/100 with 2 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 Aryaman Financial Services (BOM:530245), the current ROE % is 11.43% 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 Aryaman Financial Services (BOM:530245) Overvalued in 2026?
Based on GuruFocus' analysis, Aryaman Financial Services stock appears to be overvalued.
The current stock price of ₹583.10 is trading 21.5% above its estimated GF Value™ of ₹480.07.
GuruFocus considers Aryaman Financial Services to be Modestly Overvalued.
Key valuation signals for BOM:530245:
ROE %: 11.43% (16% above median its 10-year median of 9.84)
GF Value™: ₹480.07 vs. price of ₹583.10 (21.5% above fair value)
Industry Position: 90.2% above the Capital Markets median (#146 of 793)
No single metric tells the full story. See the BOM:530245 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aryaman Financial Services Ltd is engaged in the merchant banking business. The company is engaged in the business of management and syndication of small and medium-sized initial public offerings, rights issues, composite issues, venture capital funding, and others. The company generates its revenue from Fees & Commission income, Investment and Dividend income, and Sale of stock-in-trade.
71GF Score
Get the complete analysis for BOM:530245
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:530245 has been successfully added to your 
