Surana SolarBOM:533298 -2.34%57 ROE % is 1.54% as of Dec. 2025, which is 3% below its 10-year median of 1.59. GuruFocus rates BOM:533298 with a GF Score™ of 57/100 and a GF Value™ of ₹11.06 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,001 Semiconductors companies, Surana Solar ranks worse than 64.34% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Surana Solar's annualized net income for the quarter that ended in Dec. 2025 was ₹8.76 Mil. Surana Solar's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was ₹570.49 Mil. Therefore, Surana Solar's annualized ROE % for the quarter that ended in Dec. 2025 was 1.54%.
The historical rank and industry rank for Surana Solar's ROE % or its related term are showing as below:
BOM:533298'
s ROE % Range Over the Past 10 Years
Min: -2.22 Med: 1.59 Max: 4.35
Current: 0.24
During the past 13 years, Surana Solar's highest ROE % was 4.35%. The lowest was -2.22%. And the median was 1.59%.
BOM:533298's ROE % is ranked worse than 64.34% of 1001
companies
in the Semiconductors industry
Industry Median: 4.6
vs BOM:533298: 0.24
Surana Solar (BOM:533298) 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 (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) 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.
Surana Solar ROE % Related Terms
Surana Solar ROE % Historical Data
* Premium members only.
The historical data trend for Surana Solar'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 Solar subindustry, Surana Solar'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.
Surana Solar ROE % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Surana Solar's ROE % distribution charts can be found below:
* The bar in red indicates where Surana Solar'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 (Dec. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Surana Solar (BOM:533298) has a ROE % of 1.54% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Surana Solar and its competitors. This is near median its historical median of 1.59. According to the industry distribution chart, Surana Solar ranks #644 out of 1001 companies in the Semiconductors industry, placing it in the top 64.3%.
Is Surana Solar's ROE % too high?
Surana Solar's current ROE % of 1.54% is near median its 10-year median of 1.59. The Semiconductors industry median ROE % is 4.60. Surana Solar's value of 1.54% is 66.5% below this industry median. Based on the distribution chart, Surana Solar ranks #644 out of 1001 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Surana Solar has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surana Solar's ROE % compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Surana Solar ranks #644 out of 1001 companies for ROE %. This places Surana Solar in the lower half of its industry. The industry median ROE % is 4.60. Surana Solar's value of 1.54% is 66.5% below this benchmark. While the company's 10-year median is 1.59 vs. the industry median of 4.60, Surana Solar has consistently been below 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 Semiconductors company?
The median ROE % among Semiconductors companies is 4.60, based on 1,001 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. Surana Solar's current ROE % of 1.54% is 66.5% below 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 Surana Solar and its competitors. For the Semiconductors industry, the median ROE % is 4.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surana Solar's current ROE % is 1.54%, which is near median its own 10-year median of 1.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surana Solar stock overvalued right now?
Based on GuruFocus' analysis, Surana Solar (BOM:533298) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹11.06, compared to a current price of ₹26.25 — trading 137.3% above its estimated fair value. The current ROE % is 1.54%, which is near median its 10-year median of 1.59 and 66.5% below the Semiconductors industry median of 4.60. Surana Solar's overall GF Score™ is 57/100 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 Surana Solar (BOM:533298), the current ROE % is 1.54% as of Dec. 2025. 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 Surana Solar (BOM:533298) Overvalued in 2026?
Based on GuruFocus' analysis, Surana Solar stock appears to be overvalued.
The current stock price of ₹26.25 is trading 137.3% above its estimated GF Value™ of ₹11.06.
GuruFocus considers Surana Solar to be Significantly Overvalued.
Key valuation signals for BOM:533298:
ROE %: 1.54% (near median its 10-year median of 1.59)
GF Value™: ₹11.06 vs. price of ₹26.25 (137.3% above fair value)
Industry Position: 66.5% below the Semiconductors median (#644 of 1001)
No single metric tells the full story. See the BOM:533298 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surana Solar Ltd is engaged in the business of manufacturing solar panels/photovoltaic (PV) cells. The company is also engaged in the generation of wind power energy and the trading of other solar-related products. It operates through the following reportable segments: Solar Products, Trading and others, and Renewable Energy (Solar). The majority of the company's revenue is derived from the Solar and Traded products business, which involves the manufacturing and trading of Solar Photovoltaic (SPV) Modules and other related products. The Renewable Energy segment represents revenue derived from the generation of solar and wind power.
57GF Score
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