CarTrade TechNSE:CARTRADE +3.48%71 ROE % is 10.41% as of Mar. 2026, which is 505% above its 10-year median of 1.72. GuruFocus rates NSE:CARTRADE with a GF Score™ of 71/100 and a GF Value™ of ₹1,819.89 (Significantly Overvalued). Among 1,308 Vehicles & Parts companies, CarTrade Tech ranks better than 61.7% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. CarTrade Tech's annualized net income for the quarter that ended in Mar. 2026 was ₹2,584 Mil. CarTrade Tech's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹24,834 Mil. Therefore, CarTrade Tech's annualized ROE % for the quarter that ended in Mar. 2026 was 10.41%.
The historical rank and industry rank for CarTrade Tech's ROE % or its related term are showing as below:
NSE:CARTRADE'
s ROE % Range Over the Past 10 Years
Min: -7.22 Med: 1.72 Max: 9.51
Current: 9.51
During the past 8 years, CarTrade Tech's highest ROE % was 9.51%. The lowest was -7.22%. And the median was 1.72%.
NSE:CARTRADE's ROE % is ranked better than 61.7% of 1308
companies
in the Vehicles & Parts industry
Industry Median: 6.62
vs NSE:CARTRADE: 9.51
CarTrade Tech (NSE:CARTRADE) 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.
CarTrade Tech ROE % Related Terms
CarTrade Tech ROE % Historical Data
* Premium members only.
The historical data trend for CarTrade Tech'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 Auto & Truck Dealerships subindustry, CarTrade Tech'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.
CarTrade Tech ROE % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, CarTrade Tech's ROE % distribution charts can be found below:
* The bar in red indicates where CarTrade Tech'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.
CarTrade Tech (NSE:CARTRADE) has a ROE % of 10.41% 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 CarTrade Tech and its competitors. This is 505% above median its historical median of 1.72. According to the industry distribution chart, CarTrade Tech ranks #501 out of 1308 companies in the Vehicles & Parts industry, placing it in the top 38.3%.
Is CarTrade Tech's ROE % too high?
CarTrade Tech's current ROE % of 10.41% is 505% above median its 10-year median of 1.72. The Vehicles & Parts industry median ROE % is 6.62. CarTrade Tech's value of 10.41% is 57.3% above this industry median. Based on the distribution chart, CarTrade Tech ranks #501 out of 1308 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, CarTrade Tech has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CarTrade Tech's ROE % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, CarTrade Tech ranks #501 out of 1308 companies for ROE %. This puts CarTrade Tech in the upper half of its industry. The industry median ROE % is 6.62. CarTrade Tech's value of 10.41% is 57.3% above this benchmark. While the company's 10-year median is 1.72 vs. the industry median of 6.62, CarTrade Tech 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 a Vehicles & Parts company?
The median ROE % among Vehicles & Parts companies is 6.62, based on 1,308 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. CarTrade Tech's current ROE % of 10.41% is 57.3% 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 CarTrade Tech and its competitors. For the Vehicles & Parts industry, the median ROE % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CarTrade Tech's current ROE % is 10.41%, which is 505% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CarTrade Tech stock overvalued right now?
Based on GuruFocus' analysis, CarTrade Tech (NSE:CARTRADE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹1,819.89, compared to a current price of ₹2,694.40 — trading 48.1% above its estimated fair value. The current ROE % is 10.41%, which is 505% above median its 10-year median of 1.72 and 57.3% above the Vehicles & Parts industry median of 6.62. CarTrade Tech's overall GF Score™ is 71/100. 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 CarTrade Tech (NSE:CARTRADE), the current ROE % is 10.41% 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 CarTrade Tech (NSE:CARTRADE) Overvalued in 2026?
Based on GuruFocus' analysis, CarTrade Tech stock appears to be overvalued.
The current stock price of ₹2,694.40 is trading 48.1% above its estimated GF Value™ of ₹1,819.89.
GuruFocus considers CarTrade Tech to be Significantly Overvalued.
Key valuation signals for NSE:CARTRADE:
ROE %: 10.41% (505% above median its 10-year median of 1.72)
GF Value™: ₹1,819.89 vs. price of ₹2,694.40 (48.1% above fair value)
Industry Position: 57.3% above the Vehicles & Parts median (#501 of 1308)
No single metric tells the full story. See the NSE:CARTRADE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company operates within three segments: the Consumer Group, Remarketing Group, and Classifieds Group.
71GF Score
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