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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 Engineering & Construction subindustry, Giriraj Civil Developers'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.
Giriraj Civil Developers ROE % vs Construction Industry
For the Construction industry and Industrials sector, Giriraj Civil Developers's ROE % distribution charts can be found below:
* The bar in red indicates where Giriraj Civil Developers'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.
Giriraj Civil Developers (NSE:GIRIRAJ) has a ROE % of 11.94% 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 Giriraj Civil Developers and its competitors. This is 13% above median its historical median of 10.58. Over the past decade, Giriraj Civil Developers' ROE % has ranged from 4.01 to 14.64. According to the industry distribution chart, Giriraj Civil Developers ranks #606 out of 1748 companies in the Construction industry, placing it in the top 34.7%.
Is Giriraj Civil Developers' ROE % too high?
Giriraj Civil Developers' current ROE % of 11.94% is 13% above median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 14.64. The Construction industry median ROE % is 6.69. Giriraj Civil Developers' value of 11.94% is 78.6% above this industry median. Based on the distribution chart, Giriraj Civil Developers ranks #606 out of 1748 companies in the Construction industry, which is above the industry midpoint. Overall, Giriraj Civil Developers has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Giriraj Civil Developers' ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, Giriraj Civil Developers ranks #606 out of 1748 companies for ROE %. This puts Giriraj Civil Developers in the upper half of its industry. The industry median ROE % is 6.69. Giriraj Civil Developers' value of 11.94% is 78.6% above this benchmark. Historically, Giriraj Civil Developers' own ROE % has ranged from 4.01 to 14.64 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 6.69, Giriraj Civil Developers 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 Construction company?
The median ROE % among Construction companies is 6.69, based on 1,748 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. Giriraj Civil Developers's current ROE % of 11.94% is 78.6% 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 Giriraj Civil Developers and its competitors. For the Construction industry, the median ROE % is 6.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giriraj Civil Developers's current ROE % is 11.94%, which is 13% above median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giriraj Civil Developers stock overvalued right now?
Based on GuruFocus' analysis, Giriraj Civil Developers (NSE:GIRIRAJ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹378.90, compared to a current price of ₹74.65 — trading 80.3% below its estimated fair value. The current ROE % is 11.94%, which is 13% above median its 10-year median of 10.58 and 78.6% above the Construction industry median of 6.69. Giriraj Civil Developers' overall GF Score™ is 79/100 with 4 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 Giriraj Civil Developers (NSE:GIRIRAJ), the current ROE % is 11.94% 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 Giriraj Civil Developers (NSE:GIRIRAJ) Overvalued in 2026?
Based on GuruFocus' analysis, Giriraj Civil Developers stock appears to be undervalued.
The current stock price of ₹74.65 is trading 80.3% below its estimated GF Value™ of ₹378.90.
GuruFocus considers Giriraj Civil Developers to be Possible Value Trap.
Key valuation signals for NSE:GIRIRAJ:
ROE %: 11.94% (13% above median its 10-year median of 10.58)
GF Value™: ₹378.90 vs. price of ₹74.65 (80.3% below fair value)
Industry Position: 78.6% above the Construction median (#606 of 1748)
No single metric tells the full story. See the NSE:GIRIRAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Giriraj Civil Developers Ltd is an Indian company that provides infrastructure and construction services. It executes contract work for government, semi-government, corporate, and private organizations. The services offered by the group are for RCC roads, Bridges, foot-over bridges, Buildings, Earthworks, Road over bridges, and Other civil engineering works. The company has one segment: civil contractors.
79GF Score
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