Shiv Aum Steels (NSE:SHIVAUM) ROE %: 7.73% (As of Mar. 2026) — 23% Below Median

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NSE:SHIVAUM Shiv Aum Steels Ltd NSE:SHIVAUM
66 GF Score
Price ₹447.10
GF Value ₹324.96
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Shiv Aum Steels ROE %?

Shiv Aum Steels NSE:SHIVAUM +0.47% 66 ROE % is 7.73% as of Mar. 2026, which is 23% below its 10-year median of 10.04. GuruFocus rates NSE:SHIVAUM with a GF Score™ of 66/100 and a GF Value™ of ₹324.96 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 618 Steel companies, Shiv Aum Steels ranks better than 61.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shiv Aum Steels's annualized net income for the quarter that ended in Mar. 2026 was ₹93 Mil. Shiv Aum Steels's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹1,197 Mil. Therefore, Shiv Aum Steels's annualized ROE % for the quarter that ended in Mar. 2026 was 7.73%.

The historical rank and industry rank for Shiv Aum Steels's ROE % or its related term are showing as below:

NSE:SHIVAUM' s ROE % Range Over the Past 10 Years
Min: 3.2   Med: 10.04   Max: 16.61
Current: 6.08

During the past 10 years, Shiv Aum Steels's highest ROE % was 16.61%. The lowest was 3.20%. And the median was 10.04%.

NSE:SHIVAUM's ROE % is ranked better than
61.33% of 618 companies
in the Steel industry
Industry Median: 3.89 vs NSE:SHIVAUM: 6.08

Shiv Aum Steels  (NSE:SHIVAUM) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=92.514/1196.912
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(92.514 / 6881.9)*(6881.9 / 2111.8785)*(2111.8785 / 1196.912)
=Net Margin %*Asset Turnover*Equity Multiplier
=1.34 %*3.2587*1.7644
=ROA %*Equity Multiplier
=4.37 %*1.7644
=7.73 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=92.514/1196.912
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (92.514 / 110.754) * (110.754 / 170.302) * (170.302 / 6881.9) * (6881.9 / 2111.8785) * (2111.8785 / 1196.912)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8353 * 0.6503 * 2.47 % * 3.2587 * 1.7644
=7.73 %

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.


Shiv Aum Steels ROE % Related Terms


Shiv Aum Steels ROE % Historical Data

* Premium members only.

The historical data trend for Shiv Aum Steels'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.

Shiv Aum Steels ROE % Chart

Shiv Aum Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.61 16.16 10.36 7.98 6.08

Shiv Aum Steels Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.55 13.29 2.73 4.39 7.73

NSE:SHIVAUM vs NUE, STLD, RS: ROE % Comparison

For the Steel subindustry, Shiv Aum Steels'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.


Shiv Aum Steels ROE % vs Steel Industry

For the Steel industry and Basic Materials sector, Shiv Aum Steels's ROE % distribution charts can be found below:

* The bar in red indicates where Shiv Aum Steels's ROE % falls into.


NSE:SHIVAUM
66GF Score
Shiv Aum Steels Ltd NSE:SHIVAUM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Shiv Aum Steels ROE % Calculation

Shiv Aum Steels's annualized ROE % for the fiscal year that ended in Mar. 2026 is calculated as

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=72.011/( (1159.814+1208.256)/ 2 )
=72.011/1184.035
=6.08 %

Shiv Aum Steels's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=92.514/( (1185.568+1208.256)/ 2 )
=92.514/1196.912
=7.73 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 7.73% mean?
Shiv Aum Steels (NSE:SHIVAUM) has a ROE % of 7.73% 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 Shiv Aum Steels and its competitors. This is 23% below median its historical median of 10.04. Over the past decade, Shiv Aum Steels' ROE % has ranged from 3.20 to 16.61. According to the industry distribution chart, Shiv Aum Steels ranks #239 out of 618 companies in the Steel industry, placing it in the top 38.7%.
Is Shiv Aum Steels' ROE % too high?
Shiv Aum Steels' current ROE % of 7.73% is 23% below median its 10-year median of 10.04. Over the past 10 years, this metric has ranged from a low of 3.20 to a high of 16.61. The Steel industry median ROE % is 3.89. Shiv Aum Steels' value of 7.73% is 98.7% above this industry median. Based on the distribution chart, Shiv Aum Steels ranks #239 out of 618 companies in the Steel industry, which is above the industry midpoint. Overall, Shiv Aum Steels has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shiv Aum Steels' ROE % compare to NUE and STLD?
According to the Steel industry distribution chart, Shiv Aum Steels ranks #239 out of 618 companies for ROE %. This puts Shiv Aum Steels in the upper half of its industry. The industry median ROE % is 3.89. Shiv Aum Steels' value of 7.73% is 98.7% above this benchmark. Historically, Shiv Aum Steels' own ROE % has ranged from 3.20 to 16.61 over the past decade. While the company's 10-year median is 10.04 vs. the industry median of 3.89, Shiv Aum Steels 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 Steel company?
The median ROE % among Steel companies is 3.89, based on 618 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. Shiv Aum Steels's current ROE % of 7.73% is 98.7% 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 Shiv Aum Steels and its competitors. For the Steel industry, the median ROE % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shiv Aum Steels's current ROE % is 7.73%, which is 23% below median its own 10-year median of 10.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shiv Aum Steels stock overvalued right now?
Based on GuruFocus' analysis, Shiv Aum Steels (NSE:SHIVAUM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹324.96, compared to a current price of ₹447.10 — trading 37.6% above its estimated fair value. The current ROE % is 7.73%, which is 23% below median its 10-year median of 10.04 and 98.7% above the Steel industry median of 3.89. Shiv Aum Steels' overall GF Score™ is 66/100 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 Shiv Aum Steels (NSE:SHIVAUM), the current ROE % is 7.73% 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 Shiv Aum Steels (NSE:SHIVAUM) Overvalued in 2026?

Based on GuruFocus' analysis, Shiv Aum Steels stock appears to be overvalued. The current stock price of ₹447.10 is trading 37.6% above its estimated GF Value™ of ₹324.96. GuruFocus considers Shiv Aum Steels to be Significantly Overvalued.

Key valuation signals for NSE:SHIVAUM:

  • ROE %: 7.73% (23% below median its 10-year median of 10.04)
  • GF Value™: ₹324.96 vs. price of ₹447.10 (37.6% above fair value)
  • GF Score™: 66/100 with 8 warning signs
  • Industry Position: 98.7% above the Steel median (#239 of 618)

No single metric tells the full story. See the NSE:SHIVAUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shiv Aum Steels Business Description

Address Western Express Way, A.K. Road, Office No. 515, The Summit Business Bay, Opposite PVR Cinemas, Andheri (East), Mumbai, MH, IND, 400093
Shiv Aum Steels Ltd is engaged in the business of iron and steel products, dealing in structural steel, coils, and plates. It trades mild steel products such as beams, angles, plates, channels, coils, and thermo mechanically treated (TMT) bars. Operating as a trader, stockist, and distributor, it offers various steel products, including I-Beams, H-Beams, C Channels, Angles, T-Angles, Coils, and Plates in different sizes as per customer requirements. The Company is an authorized distributor for premium steel brands like Jindal Steel & Power Limited (JSPL), Steel Authority of India (SAIL), and Rashtriya Ispat Nigam Limited (RINL), among others. It serves a broad customer base across India, ranging from small steel processing units to large EPC companies and real estate developers.
66GF Score

Get the complete analysis for NSE:SHIVAUM

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹447.10
Price
₹324.96
GF Value