Ashapuri Gold Ornament (BOM:542579) ROE %: 3.25% (As of Mar. 2026) — Near Median


BOM:542579 Ashapuri Gold Ornament Ltd BOM:542579
81 GF Score
Price ₹4.03
GF Value ₹12.35
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Ashapuri Gold Ornament ROE %?

Ashapuri Gold Ornament BOM:542579 -0.74% 81 ROE % is 3.25% as of Mar. 2026, which is 7% above its 10-year median of 3.04. GuruFocus rates BOM:542579 with a GF Score™ of 81/100 and a GF Value™ of ₹12.35 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,092 Retail - Cyclical companies, Ashapuri Gold Ornament ranks better than 65.48% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ashapuri Gold Ornament's annualized net income for the quarter that ended in Mar. 2026 was ₹54 Mil. Ashapuri Gold Ornament's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,667 Mil. Therefore, Ashapuri Gold Ornament's annualized ROE % for the quarter that ended in Mar. 2026 was 3.25%.

The historical rank and industry rank for Ashapuri Gold Ornament's ROE % or its related term are showing as below:

BOM:542579' s ROE % Range Over the Past 10 Years
Min: 0.61   Med: 3.04   Max: 11.85
Current: 11.76

During the past 11 years, Ashapuri Gold Ornament's highest ROE % was 11.85%. The lowest was 0.61%. And the median was 3.04%.

BOM:542579's ROE % is ranked better than
65.48% of 1092 companies
in the Retail - Cyclical industry
Industry Median: 6.49 vs BOM:542579: 11.76

Ashapuri Gold Ornament  (BOM:542579) 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
=54.124/1667.48
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(54.124 / 2824.268)*(2824.268 / 1731.208)*(1731.208 / 1667.48)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.92 %*1.6314*1.0382
=ROA %*Equity Multiplier
=3.13 %*1.0382
=3.25 %

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
=54.124/1667.48
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (54.124 / 41.04) * (41.04 / 35.876) * (35.876 / 2824.268) * (2824.268 / 1731.208) * (1731.208 / 1667.48)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.3188 * 1.1439 * 1.27 % * 1.6314 * 1.0382
=3.25 %

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.


Ashapuri Gold Ornament ROE % Related Terms


Ashapuri Gold Ornament ROE % Historical Data

* Premium members only.

The historical data trend for Ashapuri Gold Ornament'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.

Ashapuri Gold Ornament ROE % Chart

Ashapuri Gold Ornament 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 3.88 2.19 8.89 10.17 11.85

Ashapuri Gold Ornament 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 2.19 8.65 21.15 13.91 3.25

BOM:542579 vs TPR: ROE % Comparison

For the Luxury Goods subindustry, Ashapuri Gold Ornament'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.


Ashapuri Gold Ornament ROE % vs Retail - Cyclical Industry

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

* The bar in red indicates where Ashapuri Gold Ornament's ROE % falls into.


BOM:542579
81GF Score
Ashapuri Gold Ornament Ltd BOM:542579
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ashapuri Gold Ornament ROE % Calculation

Ashapuri Gold Ornament'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 )
=185.64/( (1466.714+1667.48)/ 2 )
=185.64/1567.097
=11.85 %

Ashapuri Gold Ornament'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 )
=54.124/( (0+1667.48)/ 1 )
=54.124/1667.48
=3.25 %

* 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 3.25% mean?
Ashapuri Gold Ornament (BOM:542579) has a ROE % of 3.25% 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 Ashapuri Gold Ornament and its competitors. This is near median its historical median of 3.04. Over the past decade, Ashapuri Gold Ornament's ROE % has ranged from 0.61 to 11.85. According to the industry distribution chart, Ashapuri Gold Ornament ranks #377 out of 1092 companies in the Retail - Cyclical industry, placing it in the top 34.5%.
Is Ashapuri Gold Ornament's ROE % too high?
Ashapuri Gold Ornament's current ROE % of 3.25% is near median its 10-year median of 3.04. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 11.85. The Retail - Cyclical industry median ROE % is 6.49. Ashapuri Gold Ornament's value of 3.25% is 49.9% below this industry median. Based on the distribution chart, Ashapuri Gold Ornament ranks #377 out of 1092 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Ashapuri Gold Ornament has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashapuri Gold Ornament's ROE % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Ashapuri Gold Ornament ranks #377 out of 1092 companies for ROE %. This puts Ashapuri Gold Ornament in the upper half of its industry. The industry median ROE % is 6.49. Ashapuri Gold Ornament's value of 3.25% is 49.9% below this benchmark. Historically, Ashapuri Gold Ornament's own ROE % has ranged from 0.61 to 11.85 over the past decade. While the company's 10-year median is 3.04 vs. the industry median of 6.49, Ashapuri Gold Ornament 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 Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.49, based on 1,092 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. Ashapuri Gold Ornament's current ROE % of 3.25% is 49.9% 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 Ashapuri Gold Ornament and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashapuri Gold Ornament's current ROE % is 3.25%, which is near median its own 10-year median of 3.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashapuri Gold Ornament stock overvalued right now?
Based on GuruFocus' analysis, Ashapuri Gold Ornament (BOM:542579) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹12.35, compared to a current price of ₹4.03 — trading 67.4% below its estimated fair value. The current ROE % is 3.25%, which is near median its 10-year median of 3.04 and 49.9% below the Retail - Cyclical industry median of 6.49. Ashapuri Gold Ornament's overall GF Score™ is 81/100 with 2 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 Ashapuri Gold Ornament (BOM:542579), the current ROE % is 3.25% 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 Ashapuri Gold Ornament (BOM:542579) Overvalued in 2026?

Based on GuruFocus' analysis, Ashapuri Gold Ornament stock appears to be undervalued. The current stock price of ₹4.03 is trading 67.4% below its estimated GF Value™ of ₹12.35. GuruFocus considers Ashapuri Gold Ornament to be Significantly Undervalued.

Key valuation signals for BOM:542579:

  • ROE %: 3.25% (near median its 10-year median of 3.04)
  • GF Value™: ₹12.35 vs. price of ₹4.03 (67.4% below fair value)
  • GF Score™: 81/100 with 2 warning signs
  • Industry Position: 49.9% below the Retail - Cyclical median (#377 of 1092)

No single metric tells the full story. See the BOM:542579 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ashapuri Gold Ornament Business Description

Address C.G. Road, 109 to 112A, 1st Floor Supermall, Near Lal Bunglow, Ahmedabad, GJ, IND, 380009
Ashapuri Gold Ornament Ltd is a manufacturer and wholesaler of gold jewellery. It offers a wide range of jewellery products in 22-carat gold ornaments such as Choker Set, Toda Set, Long Set, Pota Jewellery, Saloya and Bracelet. In addition, it also offers Temple Collection, Moti Set, Bikaneri Meena and Rani Haar.
81GF Score

Get the complete analysis for BOM:542579

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

₹4.03
Price
₹12.35
GF Value