Vaibhav Global (BOM:532156) ROE %: 22.12% (As of Mar. 2026) — Near Median


BOM:532156 Vaibhav Global Ltd BOM:532156
76 GF Score
Price ₹237.10
GF Value ₹352.40
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Vaibhav Global ROE %?

Vaibhav Global BOM:532156 +0.94% 76 ROE % is 22.12% as of Mar. 2026, which is 9% above its 10-year median of 20.25. GuruFocus rates BOM:532156 with a GF Score™ of 76/100 and a GF Value™ of ₹352.40 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,090 Retail - Cyclical companies, Vaibhav Global ranks better than 79.08% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vaibhav Global's annualized net income for the quarter that ended in Mar. 2026 was ₹3,646 Mil. Vaibhav Global's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹16,479 Mil. Therefore, Vaibhav Global's annualized ROE % for the quarter that ended in Mar. 2026 was 22.12%.

The historical rank and industry rank for Vaibhav Global's ROE % or its related term are showing as below:

BOM:532156' s ROE % Range Over the Past 10 Years
Min: 9.02   Med: 20.25   Max: 31.69
Current: 17.96

During the past 13 years, Vaibhav Global's highest ROE % was 31.69%. The lowest was 9.02%. And the median was 20.25%.

BOM:532156's ROE % is ranked better than
79.08% of 1090 companies
in the Retail - Cyclical industry
Industry Median: 6.505 vs BOM:532156: 17.96

Vaibhav Global  (BOM:532156) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3645.592/16479.337
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3645.592 / 37388.296)*(37388.296 / 25472.545)*(25472.545 / 16479.337)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.75 %*1.4678*1.5457
=ROA %*Equity Multiplier
=14.31 %*1.5457
=22.12 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3645.592/16479.337
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3645.592 / 2556.444) * (2556.444 / 2219.868) * (2219.868 / 37388.296) * (37388.296 / 25472.545) * (25472.545 / 16479.337)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.426 * 1.1516 * 5.94 % * 1.4678 * 1.5457
=22.12 %

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.


Vaibhav Global ROE % Related Terms


Vaibhav Global ROE % Historical Data

* Premium members only.

The historical data trend for Vaibhav Global'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.

Vaibhav Global ROE % Chart

Vaibhav Global Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.74 9.02 10.40 11.76 17.75

Vaibhav Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.10 11.15 13.15 24.83 22.12

BOM:532156 vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Vaibhav Global'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.


Vaibhav Global ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vaibhav Global's ROE % distribution charts can be found below:

* The bar in red indicates where Vaibhav Global's ROE % falls into.


BOM:532156
76GF Score
Vaibhav Global Ltd BOM:532156
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vaibhav Global ROE % Calculation

Vaibhav Global's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=2661.291/( (13499.619+16479.337)/ 2 )
=2661.291/14989.478
=17.75 %

Vaibhav Global's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3645.592/( (0+16479.337)/ 1 )
=3645.592/16479.337
=22.12 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 22.12% mean?
Vaibhav Global (BOM:532156) has a ROE % of 22.12% 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 Vaibhav Global and its competitors. This is near median its historical median of 20.25. Over the past decade, Vaibhav Global's ROE % has ranged from 9.02 to 31.69. According to the industry distribution chart, Vaibhav Global ranks #228 out of 1090 companies in the Retail - Cyclical industry, placing it in the top 20.9%.
Is Vaibhav Global's ROE % too high?
Vaibhav Global's current ROE % of 22.12% is near median its 10-year median of 20.25. Over the past 10 years, this metric has ranged from a low of 9.02 to a high of 31.69. The Retail - Cyclical industry median ROE % is 6.51. Vaibhav Global's value of 22.12% is 240% above this industry median. Based on the distribution chart, Vaibhav Global ranks #228 out of 1090 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Vaibhav Global has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vaibhav Global's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Vaibhav Global ranks #228 out of 1090 companies for ROE %. This places Vaibhav Global in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 6.51. Vaibhav Global's value of 22.12% is 240% above this benchmark. Historically, Vaibhav Global's own ROE % has ranged from 9.02 to 31.69 over the past decade. While the company's 10-year median is 20.25 vs. the industry median of 6.51, Vaibhav Global 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.51, based on 1,090 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. Vaibhav Global's current ROE % of 22.12% is 240% 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 Vaibhav Global and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vaibhav Global's current ROE % is 22.12%, which is near median its own 10-year median of 20.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vaibhav Global stock overvalued right now?
Based on GuruFocus' analysis, Vaibhav Global (BOM:532156) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹352.40, compared to a current price of ₹237.10 — trading 32.7% below its estimated fair value. The current ROE % is 22.12%, which is near median its 10-year median of 20.25 and 240% above the Retail - Cyclical industry median of 6.51. Vaibhav Global's overall GF Score™ is 76/100 with 3 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 Vaibhav Global (BOM:532156), the current ROE % is 22.12% 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 Vaibhav Global (BOM:532156) Overvalued in 2026?

Based on GuruFocus' analysis, Vaibhav Global stock appears to be undervalued. The current stock price of ₹237.10 is trading 32.7% below its estimated GF Value™ of ₹352.40. GuruFocus considers Vaibhav Global to be Significantly Undervalued.

Key valuation signals for BOM:532156:

  • ROE %: 22.12% (near median its 10-year median of 20.25)
  • GF Value™: ₹352.40 vs. price of ₹237.10 (32.7% below fair value)
  • GF Score™: 76/100 with 3 warning signs
  • Industry Position: 240% above the Retail - Cyclical median (#228 of 1090)

No single metric tells the full story. See the BOM:532156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vaibhav Global Business Description

Other Exchanges VAIBHAVGBL:India
Address E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of fashion jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, Germany, and other countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing of fashion and lifestyle products.
76GF Score

Get the complete analysis for BOM:532156

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹237.10
Price
₹352.40
GF Value