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.
Mayur Leather ProductsBOM:531680 -4.09%31 ROE % is 43.66% as of Mar. 2026. GuruFocus rates BOM:531680 with a GF Score™ of 31/100. The stock has 5 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Mayur Leather Products ranks better than 96.78% on this metric.
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 Footwear & Accessories subindustry, Mayur Leather Products'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.
Mayur Leather Products ROE % vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mayur Leather Products's ROE % distribution charts can be found below:
* The bar in red indicates where Mayur Leather Products'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.
Mayur Leather Products (BOM:531680) has a ROE % of 43.66% 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 Mayur Leather Products and its competitors. According to the industry distribution chart, Mayur Leather Products ranks #33 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 3.2%.
Is Mayur Leather Products' ROE % too high?
Mayur Leather Products' current ROE % is 43.66%. The Manufacturing - Apparel & Accessories industry median ROE % is 4.04. Mayur Leather Products' value of 43.66% is 980.7% above this industry median. Based on the distribution chart, Mayur Leather Products ranks #33 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Mayur Leather Products has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Mayur Leather Products' ROE % compare to NKE and DECK?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Mayur Leather Products ranks #33 out of 1024 companies for ROE %. This places Mayur Leather Products in the top 3% of its industry — outperforming the majority of peers. The industry median ROE % is 4.04. Mayur Leather Products' value of 43.66% is 980.7% 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 Manufacturing - Apparel & Accessories company?
The median ROE % among Manufacturing - Apparel & Accessories companies is 4.04, based on 1,024 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. Mayur Leather Products's current ROE % of 43.66% is 980.7% 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 Mayur Leather Products and its competitors. For the Manufacturing - Apparel & Accessories industry, the median ROE % is 4.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mayur Leather Products's current ROE % is 43.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mayur Leather Products stock overvalued right now?
Mayur Leather Products (BOM:531680) has a current ROE % of 43.66%. The current ROE % is 43.66% and 980.7% above the Manufacturing - Apparel & Accessories industry median of 4.04. Mayur Leather Products' overall GF Score™ is 31/100 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 Mayur Leather Products (BOM:531680), the current ROE % is 43.66% 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.
Mayur Leather Products Ltd is engaged in the manufacturing and export of Leather Shoes and Shoe Uppers. The company exports its product as well as sells it in the Local market. The company operates in only safety leather footwear segment. Geographically the company generates the majority of its revenue from sales in India.
31GF Score
Get the complete analysis for BOM:531680
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:531680 has been successfully added to your 
