Pitti EngineeringNSE:PITTIENG -1.37%89 ROE % is 10.79% as of Mar. 2026, which is 21% below its 10-year median of 13.66. GuruFocus rates NSE:PITTIENG with a GF Score™ of 89/100 and a GF Value™ of ₹1,126.01 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 3,004 Industrial Products companies, Pitti Engineering ranks better than 76.63% on this metric.
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.
Pitti Engineering ROE % Related Terms
Pitti Engineering ROE % Historical Data
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The historical data trend for Pitti Engineering'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 Metal Fabrication subindustry, Pitti Engineering'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.
Pitti Engineering ROE % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Pitti Engineering's ROE % distribution charts can be found below:
* The bar in red indicates where Pitti Engineering'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.
Pitti Engineering (NSE:PITTIENG) has a ROE % of 10.79% 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 Pitti Engineering and its competitors. This is 21% below median its historical median of 13.66. Over the past decade, Pitti Engineering's ROE % has ranged from 3.93 to 22.23. According to the industry distribution chart, Pitti Engineering ranks #702 out of 3004 companies in the Industrial Products industry, placing it in the top 23.4%.
Is Pitti Engineering's ROE % too high?
Pitti Engineering's current ROE % of 10.79% is 21% below median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 3.93 to a high of 22.23. The Industrial Products industry median ROE % is 5.87. Pitti Engineering's value of 10.79% is 84% above this industry median. Based on the distribution chart, Pitti Engineering ranks #702 out of 3004 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pitti Engineering has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pitti Engineering's ROE % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Pitti Engineering ranks #702 out of 3004 companies for ROE %. This places Pitti Engineering in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 5.87. Pitti Engineering's value of 10.79% is 84% above this benchmark. Historically, Pitti Engineering's own ROE % has ranged from 3.93 to 22.23 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 5.87, Pitti Engineering 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 an Industrial Products company?
The median ROE % among Industrial Products companies is 5.87, based on 3,004 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. Pitti Engineering's current ROE % of 10.79% is 84% 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 Pitti Engineering and its competitors. For the Industrial Products industry, the median ROE % is 5.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitti Engineering's current ROE % is 10.79%, which is 21% below median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitti Engineering stock overvalued right now?
Based on GuruFocus' analysis, Pitti Engineering (NSE:PITTIENG) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,126.01, compared to a current price of ₹978.80 — trading 13.1% below its estimated fair value. The current ROE % is 10.79%, which is 21% below median its 10-year median of 13.66 and 84% above the Industrial Products industry median of 5.87. Pitti Engineering's overall GF Score™ is 89/100 with 8 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 Pitti Engineering (NSE:PITTIENG), the current ROE % is 10.79% 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 Pitti Engineering (NSE:PITTIENG) Overvalued in 2026?
Based on GuruFocus' analysis, Pitti Engineering stock appears to be undervalued.
The current stock price of ₹978.80 is trading 13.1% below its estimated GF Value™ of ₹1,126.01.
GuruFocus considers Pitti Engineering to be Modestly Undervalued.
Key valuation signals for NSE:PITTIENG:
ROE %: 10.79% (21% below median its 10-year median of 13.66)
GF Value™: ₹1,126.01 vs. price of ₹978.80 (13.1% below fair value)
Industry Position: 84% above the Industrial Products median (#702 of 3004)
No single metric tells the full story. See the NSE:PITTIENG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pitti Engineering Ltd is engaged in the manufacturing of engineering products of iron and steel including castings, electrical steel laminations stator & rotor core assemblies sub-assemblies pole assemblies die-cast rotors press tools and high precision machining of various metal components. The company's products have applications in industrial motors, alternators, hydroelectric and thermal power generators, wind power generators, DC machines, railway traction motors, pumps, medical diagnostic equipment, and aeronautic wing control motors. It sells its products both in domestic and international markets and generates maximum revenue from India.
89GF Score
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