The historical rank and industry rank for Variman Global Enterprises's ROE % or its related term are showing as below:
BOM:540570'
s ROE % Range Over the Past 10 Years
Min: -11.25 Med: 3.58 Max: 6.95
Current: 6.83
During the past 13 years, Variman Global Enterprises's highest ROE % was 6.95%. The lowest was -11.25%. And the median was 3.58%.
BOM:540570's ROE % is ranked better than 55.62% of 2677
companies
in the Software industry
Industry Median: 4.68
vs BOM:540570: 6.83
Variman Global Enterprises (BOM:540570) 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 (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 Software - Application subindustry, Variman Global Enterprises'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.
Variman Global Enterprises ROE % vs Software Industry
For the Software industry and Technology sector, Variman Global Enterprises's ROE % distribution charts can be found below:
* The bar in red indicates where Variman Global Enterprises'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.
Variman Global Enterprises (BOM:540570) has a ROE % of 0.32% 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 Variman Global Enterprises and its competitors. This is 91% below median its historical median of 3.58. According to the industry distribution chart, Variman Global Enterprises ranks #1188 out of 2677 companies in the Software industry, placing it in the top 44.4%.
Is Variman Global Enterprises' ROE % too high?
Variman Global Enterprises' current ROE % of 0.32% is 91% below median its 10-year median of 3.58. The Software industry median ROE % is 4.68. Variman Global Enterprises' value of 0.32% is 93.2% below this industry median. Based on the distribution chart, Variman Global Enterprises ranks #1188 out of 2677 companies in the Software industry, which is above the industry midpoint. Overall, Variman Global Enterprises has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Variman Global Enterprises' ROE % compare to UBER and SHOP?
According to the Software industry distribution chart, Variman Global Enterprises ranks #1188 out of 2677 companies for ROE %. This puts Variman Global Enterprises in the upper half of its industry. The industry median ROE % is 4.68. Variman Global Enterprises' value of 0.32% is 93.2% below this benchmark. While the company's 10-year median is 3.58 vs. the industry median of 4.68, Variman Global Enterprises 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 Software company?
The median ROE % among Software companies is 4.68, based on 2,677 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. Variman Global Enterprises's current ROE % of 0.32% is 93.2% 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 Variman Global Enterprises and its competitors. For the Software industry, the median ROE % is 4.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Variman Global Enterprises's current ROE % is 0.32%, which is 91% below median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Variman Global Enterprises stock overvalued right now?
Based on GuruFocus' analysis, Variman Global Enterprises (BOM:540570) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹16.44, compared to a current price of ₹4.21 — trading 74.4% below its estimated fair value. The current ROE % is 0.32%, which is 91% below median its 10-year median of 3.58 and 93.2% below the Software industry median of 4.68. Variman Global Enterprises' overall GF Score™ is 66/100 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 Variman Global Enterprises (BOM:540570), the current ROE % is 0.32% 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 Variman Global Enterprises (BOM:540570) Overvalued in 2026?
Based on GuruFocus' analysis, Variman Global Enterprises stock appears to be undervalued.
The current stock price of ₹4.21 is trading 74.4% below its estimated GF Value™ of ₹16.44.
GuruFocus considers Variman Global Enterprises to be Significantly Undervalued.
Key valuation signals for BOM:540570:
ROE %: 0.32% (91% below median its 10-year median of 3.58)
GF Value™: ₹16.44 vs. price of ₹4.21 (74.4% below fair value)
Industry Position: 93.2% below the Software median (#1188 of 2677)
No single metric tells the full story. See the BOM:540570 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Variman Global Enterprises Ltd is an India-based company engaged in the business of providing solutions through software development, IT Infrastructure solutions, and distributing IT Hardware to clients and partners through aggressive market developments and continuous improvements through agility. The Company acts as a strategic link between vendors to partners and clients, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid size, Large Enterprises and Government Organizations across various industry verticals.
66GF Score
Get the complete analysis for BOM:540570
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:540570 has been successfully added to your 
