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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shoppers Stop's annualized net income for the quarter that ended in Jun. 2026 was ₹-570 Mil. Shoppers Stop's average Total Stockholders Equity over the quarter that ended in Jun. 2026 was ₹2,910 Mil. Therefore, Shoppers Stop's annualized ROE % for the quarter that ended in Jun. 2026 was -19.59%.
The historical rank and industry rank for Shoppers Stop's ROE % or its related term are showing as below:
BOM:532638'
s ROE % Range Over the Past 10 Years
Min: -286.7 Med: -2 Max: 82.28
Current: -11.53
During the past 13 years, Shoppers Stop's highest ROE % was 82.28%. The lowest was -286.70%. And the median was -2.00%.
BOM:532638's ROE % is ranked worse than 86.1% of 1101
companies
in the Retail - Cyclical industry
Industry Median: 6.55
vs BOM:532638: -11.53
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 (Jun. 2026) net income data. The Revenue data used here is four times the quarterly (Jun. 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.
Shoppers Stop ROE % Related Terms
Shoppers Stop ROE % Historical Data
* Premium members only.
The historical data trend for Shoppers Stop'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 Department Stores subindustry, Shoppers Stop'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.
Shoppers Stop ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shoppers Stop's ROE % distribution charts can be found below:
* The bar in red indicates where Shoppers Stop'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 (Jun. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Shoppers Stop (BOM:532638) has a ROE % of -19.59% as of Jun. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shoppers Stop and its competitors. According to the industry distribution chart, Shoppers Stop ranks #948 out of 1101 companies in the Retail - Cyclical industry, placing it in the top 86.1%.
Is Shoppers Stop's ROE % too high?
Shoppers Stop's current ROE % is -19.59%. Based on the distribution chart, Shoppers Stop ranks #948 out of 1101 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shoppers Stop has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Shoppers Stop's ROE % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shoppers Stop ranks #948 out of 1101 companies for ROE %. This places Shoppers Stop in the lower half of its industry. The industry median ROE % is 6.55. 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 6.55, based on 1,101 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. 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 Shoppers Stop and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shoppers Stop's current ROE % is -19.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shoppers Stop stock overvalued right now?
Based on GuruFocus' analysis, Shoppers Stop (BOM:532638) is currently considered Possible Value Trap. The stock's GF Value™ is ₹768.66, compared to a current price of ₹420.75 — trading 45.3% below its estimated fair value. The current ROE % is -19.59%. Shoppers Stop's overall GF Score™ is 62/100 with 4 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 Shoppers Stop (BOM:532638), the current ROE % is -19.59% as of Jun. 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 Shoppers Stop (BOM:532638) Overvalued in 2026?
Based on GuruFocus' analysis, Shoppers Stop stock appears to be undervalued.
The current stock price of ₹420.75 is trading 45.3% below its estimated GF Value™ of ₹768.66.
GuruFocus considers Shoppers Stop to be Possible Value Trap.
Key valuation signals for BOM:532638:
ROE %: -19.59%
GF Value™: ₹768.66 vs. price of ₹420.75 (45.3% below fair value)
No single metric tells the full story. See the BOM:532638 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shoppers Stop Ltd is an India-based company engaged in the business of retailing a variety of household and consumer products through departmental stores. The group's products include apparels and non-apparels. The Non-Apparel includes Cosmetics, Personal Accessories, Jewellery, and Leather goods, Home Wares, Electronics, Books, and Music.
62GF Score
Get the complete analysis for BOM:532638
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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