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Shree RefrigerationsBOM:544458 -3.49%21 ROE % is 19.38% as of Mar. 2026, which is 49% above its 10-year median of 13.03. GuruFocus rates BOM:544458 with a GF Score™ of 21/100. The stock has 2 warning signs investors should review. Among 3,004 Industrial Products companies, Shree Refrigerations ranks better than 75.23% on this metric.
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 two times the semi-annual (Mar. 2026) net income data. The Revenue data used here is two times the semi-annual (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 Specialty Industrial Machinery subindustry, Shree Refrigerations'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.
Shree Refrigerations ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shree Refrigerations's ROE % distribution charts can be found below:
* The bar in red indicates where Shree Refrigerations'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 two times the semi-annual (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Shree Refrigerations (BOM:544458) has a ROE % of 19.38% 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 Shree Refrigerations and its competitors. This is 49% above median its historical median of 13.03. Over the past decade, Shree Refrigerations' ROE % has ranged from 7.48 to 21.77. According to the industry distribution chart, Shree Refrigerations ranks #744 out of 3004 companies in the Industrial Products industry, placing it in the top 24.8%.
Is Shree Refrigerations' ROE % too high?
Shree Refrigerations' current ROE % of 19.38% is 49% above median its 10-year median of 13.03. Over the past 10 years, this metric has ranged from a low of 7.48 to a high of 21.77. The Industrial Products industry median ROE % is 5.96. Shree Refrigerations' value of 19.38% is 225.4% above this industry median. Based on the distribution chart, Shree Refrigerations ranks #744 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shree Refrigerations has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Shree Refrigerations' ROE % compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Shree Refrigerations ranks #744 out of 3004 companies for ROE %. This places Shree Refrigerations in the top 25% of its industry — outperforming the majority of peers. The industry median ROE % is 5.96. Shree Refrigerations' value of 19.38% is 225.4% above this benchmark. Historically, Shree Refrigerations' own ROE % has ranged from 7.48 to 21.77 over the past decade. While the company's 10-year median is 13.03 vs. the industry median of 5.96, Shree Refrigerations has consistently been above 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 Industrial Products company?
The median ROE % among Industrial Products companies is 5.96, based on 3,004 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. Shree Refrigerations's current ROE % of 19.38% is 225.4% above 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 Shree Refrigerations and its competitors. For the Industrial Products industry, the median ROE % is 5.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shree Refrigerations's current ROE % is 19.38%, which is 49% above median its own 10-year median of 13.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shree Refrigerations stock overvalued right now?
Shree Refrigerations (BOM:544458) has a current ROE % of 19.38%. The current ROE % is 19.38%, which is 49% above median its 10-year median of 13.03 and 225.4% above the Industrial Products industry median of 5.96. Shree Refrigerations' overall GF Score™ is 21/100 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 Shree Refrigerations (BOM:544458), the current ROE % is 19.38% 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.
Shree Refrigerations Ltd is engaged in the business of manufacturing Chillers, refrigeration and air conditioning appliances and other parts of Heating, Ventilation, Air Conditioning (HVAC) Industry, offering array of systems and equipment to industries majorly in domestic market. Its collection of products serves multiple industries including Automotive, Marine, Print Media, Chemical, Pharma and General engineering sectors. It is also actively involved in the manufacturing of marine chillers, having approved supplier registrations from various professional directorates of Indian Navy.
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