Ramco IndustriesNSE:RAMCOIND +12.69%75 ROE % is 7.75% as of Mar. 2026, which is 28% above its 10-year median of 6.05. GuruFocus rates NSE:RAMCOIND with a GF Score™ of 75/100 and a GF Value™ of ₹257.62 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,743 Construction companies, Ramco Industries ranks better than 51.18% on this metric.
The historical rank and industry rank for Ramco Industries's ROE % or its related term are showing as below:
NSE:RAMCOIND'
s ROE % Range Over the Past 10 Years
Min: 2.66 Med: 6.05 Max: 8.36
Current: 7.01
During the past 13 years, Ramco Industries's highest ROE % was 8.36%. The lowest was 2.66%. And the median was 6.05%.
NSE:RAMCOIND's ROE % is ranked better than 51.18% of 1743
companies
in the Construction industry
Industry Median: 6.69
vs NSE:RAMCOIND: 7.01
Ramco Industries (NSE:RAMCOIND) 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.
Ramco Industries ROE % Related Terms
Ramco Industries ROE % Historical Data
* Premium members only.
The historical data trend for Ramco Industries'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 Building Products & Equipment subindustry, Ramco Industries'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.
Ramco Industries ROE % vs Construction Industry
For the Construction industry and Industrials sector, Ramco Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Ramco Industries'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.
Ramco Industries (NSE:RAMCOIND) has a ROE % of 7.75% 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 Ramco Industries and its competitors. This is 28% above median its historical median of 6.05. Over the past decade, Ramco Industries' ROE % has ranged from 2.66 to 8.36. According to the industry distribution chart, Ramco Industries ranks #851 out of 1743 companies in the Construction industry, placing it in the top 48.8%.
Is Ramco Industries' ROE % too high?
Ramco Industries' current ROE % of 7.75% is 28% above median its 10-year median of 6.05. Over the past 10 years, this metric has ranged from a low of 2.66 to a high of 8.36. The Construction industry median ROE % is 6.69. Ramco Industries' value of 7.75% is 15.8% above this industry median. Based on the distribution chart, Ramco Industries ranks #851 out of 1743 companies in the Construction industry, which is above the industry midpoint. Overall, Ramco Industries has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramco Industries' ROE % compare to TT and JCI?
According to the Construction industry distribution chart, Ramco Industries ranks #851 out of 1743 companies for ROE %. This puts Ramco Industries in the upper half of its industry. The industry median ROE % is 6.69. Ramco Industries' value of 7.75% is 15.8% above this benchmark. Historically, Ramco Industries' own ROE % has ranged from 2.66 to 8.36 over the past decade. While the company's 10-year median is 6.05 vs. the industry median of 6.69, Ramco Industries 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 1,743 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. Ramco Industries's current ROE % of 7.75% is 15.8% 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 Ramco Industries 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. Ramco Industries's current ROE % is 7.75%, which is 28% above median its own 10-year median of 6.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramco Industries stock overvalued right now?
Based on GuruFocus' analysis, Ramco Industries (NSE:RAMCOIND) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹257.62, compared to a current price of ₹342.75 — trading 33% above its estimated fair value. The current ROE % is 7.75%, which is 28% above median its 10-year median of 6.05 and 15.8% above the Construction industry median of 6.69. Ramco Industries' overall GF Score™ is 75/100 with 3 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 Ramco Industries (NSE:RAMCOIND), the current ROE % is 7.75% 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 Ramco Industries (NSE:RAMCOIND) Overvalued in 2026?
Based on GuruFocus' analysis, Ramco Industries stock appears to be overvalued.
The current stock price of ₹342.75 is trading 33% above its estimated GF Value™ of ₹257.62.
GuruFocus considers Ramco Industries to be Significantly Overvalued.
Key valuation signals for NSE:RAMCOIND:
ROE %: 7.75% (28% above median its 10-year median of 6.05)
GF Value™: ₹257.62 vs. price of ₹342.75 (33% above fair value)
Industry Position: 15.8% above the Construction median (#851 of 1743)
No single metric tells the full story. See the NSE:RAMCOIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramco Industries Ltd produces fiber cement sheets and cotton yarn in India. The company is engaged in the manufacture of Fiber Cement (FC) sheets and Calcium Silicate Boards (CSBs). It operates through three segments namely building products, textiles, and wind power generation. The company generates maximum revenue from the building products segment. Geographically, it operates only in India.
75GF Score
Get the complete analysis for NSE:RAMCOIND
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:RAMCOIND has been successfully added to your 
