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IGI HoldingsKAR:IGIHL +0.92%69 ROE % is 2.00% as of Mar. 2026, which is 65% below its 10-year median of 5.66. GuruFocus rates KAR:IGIHL with a GF Score™ of 69/100 and a GF Value™ of ₨192.45 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 501 Insurance companies, IGI Holdings ranks worse than 65.47% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. IGI Holdings's annualized net income for the quarter that ended in Mar. 2026 was ₨1,369 Mil. IGI Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₨68,469 Mil. Therefore, IGI Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 2.00%.
The historical rank and industry rank for IGI Holdings's ROE % or its related term are showing as below:
KAR:IGIHL'
s ROE % Range Over the Past 10 Years
Min: 1.07 Med: 5.66 Max: 17.13
Current: 7.8
During the past 13 years, IGI Holdings's highest ROE % was 17.13%. The lowest was 1.07%. And the median was 5.66%.
KAR:IGIHL's ROE % is ranked worse than 65.47% of 501
companies
in the Insurance industry
Industry Median: 11.77
vs KAR:IGIHL: 7.80
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.
IGI Holdings ROE % Related Terms
IGI Holdings ROE % Historical Data
* Premium members only.
The historical data trend for IGI Holdings'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 Insurance - Property & Casualty subindustry, IGI Holdings'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.
IGI Holdings ROE % vs Insurance Industry
For the Insurance industry and Financial Services sector, IGI Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where IGI Holdings'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.
IGI Holdings (KAR:IGIHL) has a ROE % of 2.00% 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 IGI Holdings and its competitors. This is 65% below median its historical median of 5.66. Over the past decade, IGI Holdings' ROE % has ranged from 1.07 to 17.13. According to the industry distribution chart, IGI Holdings ranks #328 out of 501 companies in the Insurance industry, placing it in the top 65.5%.
Is IGI Holdings' ROE % too high?
IGI Holdings' current ROE % of 2.00% is 65% below median its 10-year median of 5.66. Over the past 10 years, this metric has ranged from a low of 1.07 to a high of 17.13. The Insurance industry median ROE % is 11.77. IGI Holdings' value of 2.00% is 83% below this industry median. Based on the distribution chart, IGI Holdings ranks #328 out of 501 companies in the Insurance industry, which is below the industry midpoint. Overall, IGI Holdings has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does IGI Holdings' ROE % compare to CB and PGR?
According to the Insurance industry distribution chart, IGI Holdings ranks #328 out of 501 companies for ROE %. This places IGI Holdings in the lower half of its industry. The industry median ROE % is 11.77. IGI Holdings' value of 2.00% is 83% below this benchmark. Historically, IGI Holdings' own ROE % has ranged from 1.07 to 17.13 over the past decade. While the company's 10-year median is 5.66 vs. the industry median of 11.77, IGI Holdings 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 Insurance company?
The median ROE % among Insurance companies is 11.77, based on 501 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. IGI Holdings's current ROE % of 2.00% is 83% 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 IGI Holdings and its competitors. For the Insurance industry, the median ROE % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IGI Holdings's current ROE % is 2.00%, which is 65% below median its own 10-year median of 5.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IGI Holdings stock overvalued right now?
Based on GuruFocus' analysis, IGI Holdings (KAR:IGIHL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨192.45, compared to a current price of ₨278.54 — trading 44.7% above its estimated fair value. The current ROE % is 2.00%, which is 65% below median its 10-year median of 5.66 and 83% below the Insurance industry median of 11.77. IGI Holdings' overall GF Score™ is 69/100 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 IGI Holdings (KAR:IGIHL), the current ROE % is 2.00% 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 IGI Holdings (KAR:IGIHL) Overvalued in 2026?
Based on GuruFocus' analysis, IGI Holdings stock appears to be overvalued.
The current stock price of ₨278.54 is trading 44.7% above its estimated GF Value™ of ₨192.45.
GuruFocus considers IGI Holdings to be Significantly Overvalued.
Key valuation signals for KAR:IGIHL:
ROE %: 2.00% (65% below median its 10-year median of 5.66)
GF Value™: ₨192.45 vs. price of ₨278.54 (44.7% above fair value)
Industry Position: 83% below the Insurance median (#328 of 501)
No single metric tells the full story. See the KAR:IGIHL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IGI Holdings Ltd is a general insurance company along with its subsidiary, which provides home insurance, travel insurance, auto insurance, health insurance, fire insurance, marine insurance, motor insurance, and other insurance services. The company also acts as an investment holding company. It operates and manages separately to the nature of the services of Non-Life Insurance, which includes Fire and property insurance; Marine, aviation, and transport insurance; Motor insurance; Accident and health insurance, Miscellaneous insurance, and Life Insurance, which includes The Life (participating) segment and The Life (non-participating) segment.
69GF Score
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