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Gujarat EnergyBOM:539336 -3.11%83 ROE % is 7.62% as of Mar. 2026, which is 66% below its 10-year median of 22.35. GuruFocus rates BOM:539336 with a GF Score™ of 83/100 and a GF Value™ of ₹648.65 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 503 Utilities - Regulated companies, Gujarat Energy ranks better than 61.03% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gujarat Energy's annualized net income for the quarter that ended in Mar. 2026 was ₹14,050 Mil. Gujarat Energy's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹184,386 Mil. Therefore, Gujarat Energy's annualized ROE % for the quarter that ended in Mar. 2026 was 7.62%.
The historical rank and industry rank for Gujarat Energy's ROE % or its related term are showing as below:
BOM:539336'
s ROE % Range Over the Past 10 Years
Min: 10.32 Med: 22.35 Max: 50.76
Current: 10.32
During the past 13 years, Gujarat Energy's highest ROE % was 50.76%. The lowest was 10.32%. And the median was 22.35%.
BOM:539336's ROE % is ranked better than 61.03% of 503
companies
in the Utilities - Regulated industry
Industry Median: 8.77
vs BOM:539336: 10.32
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.
Gujarat Energy ROE % Related Terms
Gujarat Energy ROE % Historical Data
* Premium members only.
The historical data trend for Gujarat Energy'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 Utilities - Regulated Gas subindustry, Gujarat Energy'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.
Gujarat Energy ROE % vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Gujarat Energy's ROE % distribution charts can be found below:
* The bar in red indicates where Gujarat Energy'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.
Gujarat Energy (BOM:539336) has a ROE % of 7.62% 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 Gujarat Energy and its competitors. This is 66% below median its historical median of 22.35. Over the past decade, Gujarat Energy's ROE % has ranged from 10.32 to 50.76. According to the industry distribution chart, Gujarat Energy ranks #196 out of 503 companies in the Utilities - Regulated industry, placing it in the top 39%.
Is Gujarat Energy's ROE % too high?
Gujarat Energy's current ROE % of 7.62% is 66% below median its 10-year median of 22.35. Over the past 10 years, this metric has ranged from a low of 10.32 to a high of 50.76. The Utilities - Regulated industry median ROE % is 8.77. Gujarat Energy's value of 7.62% is 13.1% below this industry median. Based on the distribution chart, Gujarat Energy ranks #196 out of 503 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Gujarat Energy has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Gujarat Energy's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Gujarat Energy ranks #196 out of 503 companies for ROE %. This puts Gujarat Energy in the upper half of its industry. The industry median ROE % is 8.77. Gujarat Energy's value of 7.62% is 13.1% below this benchmark. Historically, Gujarat Energy's own ROE % has ranged from 10.32 to 50.76 over the past decade. While the company's 10-year median is 22.35 vs. the industry median of 8.77, Gujarat Energy 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 an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.77, based on 503 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. Gujarat Energy's current ROE % of 7.62% is 13.1% 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 Gujarat Energy and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Energy's current ROE % is 7.62%, which is 66% below median its own 10-year median of 22.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Energy stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Energy (BOM:539336) is currently considered Possible Value Trap. The stock's GF Value™ is ₹648.65, compared to a current price of ₹266.80 — trading 58.9% below its estimated fair value. The current ROE % is 7.62%, which is 66% below median its 10-year median of 22.35 and 13.1% below the Utilities - Regulated industry median of 8.77. Gujarat Energy's overall GF Score™ is 83/100 with 7 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 Gujarat Energy (BOM:539336), the current ROE % is 7.62% 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 Gujarat Energy (BOM:539336) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Energy stock appears to be undervalued.
The current stock price of ₹266.80 is trading 58.9% below its estimated GF Value™ of ₹648.65.
GuruFocus considers Gujarat Energy to be Possible Value Trap.
Key valuation signals for BOM:539336:
ROE %: 7.62% (66% below median its 10-year median of 22.35)
GF Value™: ₹648.65 vs. price of ₹266.80 (58.9% below fair value)
Industry Position: 13.1% below the Utilities - Regulated median (#196 of 503)
No single metric tells the full story. See the BOM:539336 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Energy Ltd, formerly Gujarat Gas Ltd is an India-based gas distribution company. Its activities include sale, purchase, supply, distribution, transport, trading in Natural Gas, Compressed natural gas, Liquefied natural gas, Liquefied petroleum gas, and other gaseous forms. The company transports the gas through pipelines, trucks, trains, or other suitable modes of transportation. It operates in the segment of the natural gas business. All the business activities of the company are carried out in India.
83GF Score
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