PSP ProjectsNSE:PSPPROJECT -1.10%81 ROE % is 6.68% as of Mar. 2026, which is 70% below its 10-year median of 22.20. GuruFocus rates NSE:PSPPROJECT with a GF Score™ of 81/100 and a GF Value™ of ₹913.41 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,743 Construction companies, PSP Projects ranks worse than 59.78% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. PSP Projects's annualized net income for the quarter that ended in Mar. 2026 was ₹844 Mil. PSP Projects's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹12,640 Mil. Therefore, PSP Projects's annualized ROE % for the quarter that ended in Mar. 2026 was 6.68%.
The historical rank and industry rank for PSP Projects's ROE % or its related term are showing as below:
NSE:PSPPROJECT'
s ROE % Range Over the Past 10 Years
Min: 4.49 Med: 22.2 Max: 49.41
Current: 4.5
During the past 13 years, PSP Projects's highest ROE % was 49.41%. The lowest was 4.49%. And the median was 22.20%.
NSE:PSPPROJECT's ROE % is ranked worse than 59.78% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs NSE:PSPPROJECT: 4.50
PSP Projects (NSE:PSPPROJECT) 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.
PSP Projects ROE % Related Terms
PSP Projects ROE % Historical Data
* Premium members only.
The historical data trend for PSP Projects'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 Engineering & Construction subindustry, PSP Projects'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.
PSP Projects ROE % vs Construction Industry
For the Construction industry and Industrials sector, PSP Projects's ROE % distribution charts can be found below:
* The bar in red indicates where PSP Projects'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.
PSP Projects (NSE:PSPPROJECT) has a ROE % of 6.68% 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 PSP Projects and its competitors. This is 70% below median its historical median of 22.20. Over the past decade, PSP Projects' ROE % has ranged from 4.49 to 49.41. According to the industry distribution chart, PSP Projects ranks #1042 out of 1743 companies in the Construction industry, placing it in the top 59.8%.
Is PSP Projects' ROE % too high?
PSP Projects' current ROE % of 6.68% is 70% below median its 10-year median of 22.20. Over the past 10 years, this metric has ranged from a low of 4.49 to a high of 49.41. The Construction industry median ROE % is 6.69. PSP Projects' value of 6.68% is 0.1% below this industry median. Based on the distribution chart, PSP Projects ranks #1042 out of 1743 companies in the Construction industry, which is below the industry midpoint. Overall, PSP Projects has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PSP Projects' ROE % compare to PWR and FIX?
According to the Construction industry distribution chart, PSP Projects ranks #1042 out of 1743 companies for ROE %. This places PSP Projects in the lower half of its industry. The industry median ROE % is 6.69. PSP Projects' value of 6.68% is 0.1% below this benchmark. Historically, PSP Projects' own ROE % has ranged from 4.49 to 49.41 over the past decade. While the company's 10-year median is 22.20 vs. the industry median of 6.69, PSP Projects 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 a Construction company?
The median ROE % among Construction companies is 6.69, based on 1,743 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. PSP Projects's current ROE % of 6.68% is 0.1% 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 PSP Projects 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. PSP Projects's current ROE % is 6.68%, which is 70% below median its own 10-year median of 22.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PSP Projects stock overvalued right now?
Based on GuruFocus' analysis, PSP Projects (NSE:PSPPROJECT) is currently considered Fairly Valued. The stock's GF Value™ is ₹913.41, compared to a current price of ₹988.30 — trading 8.2% above its estimated fair value. The current ROE % is 6.68%, which is 70% below median its 10-year median of 22.20 and 0.1% below the Construction industry median of 6.69. PSP Projects' overall GF Score™ is 81/100 with 6 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 PSP Projects (NSE:PSPPROJECT), the current ROE % is 6.68% 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 PSP Projects (NSE:PSPPROJECT) Overvalued in 2026?
Based on GuruFocus' analysis, PSP Projects stock appears to be overvalued.
The current stock price of ₹988.30 is trading 8.2% above its estimated GF Value™ of ₹913.41.
GuruFocus considers PSP Projects to be Fairly Valued.
Key valuation signals for NSE:PSPPROJECT:
ROE %: 6.68% (70% below median its 10-year median of 22.20)
GF Value™: ₹913.41 vs. price of ₹988.30 (8.2% above fair value)
Industry Position: 0.1% below the Construction median (#1042 of 1743)
No single metric tells the full story. See the NSE:PSPPROJECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PSP Projects Ltd is a multidisciplinary construction company offering a diversified range of construction and allied services across industrial, institutional, government, government residential, and residential projects in India. The company operates in a single segment, namely construction project activities. The company provides services across the construction value chain, ranging from planning and design to construction and post-construction activities. Geographically, it derives revenue from India.
81GF Score
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