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Pine LabsBOM:544606 +6.88%21 ROE % is 4.03% as of Mar. 2026. GuruFocus rates BOM:544606 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 2,683 Software companies, Pine Labs ranks worse than 56.06% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Pine Labs's annualized net income for the quarter that ended in Mar. 2026 was ₹2,374 Mil. Pine Labs's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹58,954 Mil. Therefore, Pine Labs's annualized ROE % for the quarter that ended in Mar. 2026 was 4.03%.
The historical rank and industry rank for Pine Labs's ROE % or its related term are showing as below:
BOM:544606'
s ROE % Range Over the Past 10 Years
Min: -9.39 Med: -5.61 Max: 2.46
Current: 2.46
During the past 4 years, Pine Labs's highest ROE % was 2.46%. The lowest was -9.39%. And the median was -5.61%.
BOM:544606's ROE % is ranked worse than 56.06% of 2683
companies
in the Software industry
Industry Median: 4.73
vs BOM:544606: 2.46
Pine Labs (BOM:544606) 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.
Pine Labs ROE % Related Terms
Pine Labs ROE % Historical Data
* Premium members only.
The historical data trend for Pine Labs'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 Software - Infrastructure subindustry, Pine Labs'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.
Pine Labs ROE % vs Software Industry
For the Software industry and Technology sector, Pine Labs's ROE % distribution charts can be found below:
* The bar in red indicates where Pine Labs'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.
Pine Labs (BOM:544606) has a ROE % of 4.03% 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 Pine Labs and its competitors. According to the industry distribution chart, Pine Labs ranks #1504 out of 2683 companies in the Software industry, placing it in the top 56.1%.
Is Pine Labs' ROE % too high?
Pine Labs' current ROE % is 4.03%. The Software industry median ROE % is 4.73. Pine Labs' value of 4.03% is 14.8% below this industry median. Based on the distribution chart, Pine Labs ranks #1504 out of 2683 companies in the Software industry, which is below the industry midpoint. Overall, Pine Labs has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Pine Labs' ROE % compare to MSFT and ORCL?
According to the Software industry distribution chart, Pine Labs ranks #1504 out of 2683 companies for ROE %. This places Pine Labs in the lower half of its industry. The industry median ROE % is 4.73. Pine Labs' value of 4.03% is 14.8% below this benchmark. 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 4.73, based on 2,683 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. Pine Labs's current ROE % of 4.03% is 14.8% 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 Pine Labs and its competitors. For the Software industry, the median ROE % is 4.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pine Labs's current ROE % is 4.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pine Labs stock overvalued right now?
Pine Labs (BOM:544606) has a current ROE % of 4.03%. The current ROE % is 4.03% and 14.8% below the Software industry median of 4.73. Pine Labs' overall GF Score™ is 21/100 with 3 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 Pine Labs (BOM:544606), the current ROE % is 4.03% 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.
Pine Labs Ltd is a technology company digitizing commerce for merchants, brands, enterprises, and financial institutions. It operates two segments: Digital Infrastructure and Transaction Platform, which contributes the majority of its revenue through in-store and online payments, affordability, value-added services, and transaction processing; and Issuing and Acquiring Platform, providing prepaid, loyalty, rewards, and card issuing and acquiring solutions. Its offerings include UPI and payment gateway services, gift cards, card management, and fintech infrastructure. Pine Labs serves banks, corporates, government, fintech, e-commerce, and startups across multiple industries, enabling customer acquisition, onboarding, expense management, rewards, refunds, and embedded bill payments.
21GF Score
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