Indian BankNSE:INDIANB -1.98%65 ROE % is 15.87% as of Mar. 2026, which is 59% above its 10-year median of 9.97. GuruFocus rates NSE:INDIANB with a GF Score™ of 65/100 and a GF Value™ of ₹622.16 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,525 Banks companies, Indian Bank ranks better than 81.51% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Indian Bank's annualized net income for the quarter that ended in Mar. 2026 was ₹126,922 Mil. Indian Bank's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹799,804 Mil. Therefore, Indian Bank's annualized ROE % for the quarter that ended in Mar. 2026 was 15.87%.
The historical rank and industry rank for Indian Bank's ROE % or its related term are showing as below:
NSE:INDIANB'
s ROE % Range Over the Past 10 Years
Min: 1.98 Med: 9.97 Max: 17.09
Current: 15.18
During the past 13 years, Indian Bank's highest ROE % was 17.09%. The lowest was 1.98%. And the median was 9.97%.
NSE:INDIANB's ROE % is ranked better than 81.51% of 1525
companies
in the Banks industry
Industry Median: 10.22
vs NSE:INDIANB: 15.18
Indian Bank (NSE:INDIANB) 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.
Indian Bank ROE % Related Terms
Indian Bank ROE % Historical Data
* Premium members only.
The historical data trend for Indian Bank'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 Banks - Regional subindustry, Indian Bank'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.
Indian Bank ROE % vs Banks Industry
For the Banks industry and Financial Services sector, Indian Bank's ROE % distribution charts can be found below:
* The bar in red indicates where Indian Bank'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.
Indian Bank (NSE:INDIANB) has a ROE % of 15.87% 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 Indian Bank and its competitors. This is 59% above median its historical median of 9.97. Over the past decade, Indian Bank's ROE % has ranged from 1.98 to 17.09. According to the industry distribution chart, Indian Bank ranks #282 out of 1525 companies in the Banks industry, placing it in the top 18.5%.
Is Indian Bank's ROE % too high?
Indian Bank's current ROE % of 15.87% is 59% above median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 17.09. The Banks industry median ROE % is 10.22. Indian Bank's value of 15.87% is 55.3% above this industry median. Based on the distribution chart, Indian Bank ranks #282 out of 1525 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Bank has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Indian Bank's ROE % compare to competitors?
According to the Banks industry distribution chart, Indian Bank ranks #282 out of 1525 companies for ROE %. This places Indian Bank in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 10.22. Indian Bank's value of 15.87% is 55.3% above this benchmark. Historically, Indian Bank's own ROE % has ranged from 1.98 to 17.09 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 10.22, Indian Bank 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 Banks company?
The median ROE % among Banks companies is 10.22, based on 1,525 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. Indian Bank's current ROE % of 15.87% is 55.3% 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 Indian Bank and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Bank's current ROE % is 15.87%, which is 59% above median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Bank stock overvalued right now?
Based on GuruFocus' analysis, Indian Bank (NSE:INDIANB) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹622.16, compared to a current price of ₹798.95 — trading 28.4% above its estimated fair value. The current ROE % is 15.87%, which is 59% above median its 10-year median of 9.97 and 55.3% above the Banks industry median of 10.22. Indian Bank's overall GF Score™ is 65/100 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 Indian Bank (NSE:INDIANB), the current ROE % is 15.87% 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 Indian Bank (NSE:INDIANB) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Bank stock appears to be overvalued.
The current stock price of ₹798.95 is trading 28.4% above its estimated GF Value™ of ₹622.16.
GuruFocus considers Indian Bank to be Modestly Overvalued.
Key valuation signals for NSE:INDIANB:
ROE %: 15.87% (59% above median its 10-year median of 9.97)
GF Value™: ₹622.16 vs. price of ₹798.95 (28.4% above fair value)
Industry Position: 55.3% above the Banks median (#282 of 1525)
No single metric tells the full story. See the NSE:INDIANB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Bank is a provider of banking products and services in India and internationally. The bank is headquartered in India and generates the majority of revenue domestically. The bank operates through four segments: Treasury, Corporate/Wholesale banking, Retail banking, and other banking operations. A majority of its revenue is generated from the Retail banking segment. The company provides deposits, savings and current accounts, merchant banking, and stock broking to its customers. The company has a nationwide network of branches as well as branches in Singapore and Sri Lanka. The Government of India is a shareholder.
65GF Score
Get the complete analysis for NSE:INDIANB
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:INDIANB has been successfully added to your 
