Signet IndustriesNSE:SIGIND -1.67%74 ROE % is 11.07% as of Mar. 2026, which is 57% above its 10-year median of 7.07. GuruFocus rates NSE:SIGIND with a GF Score™ of 74/100 and a GF Value™ of ₹71.26 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 557 Conglomerates companies, Signet Industries ranks better than 53.32% on this metric.
The historical rank and industry rank for Signet Industries's ROE % or its related term are showing as below:
NSE:SIGIND'
s ROE % Range Over the Past 10 Years
Min: 4.3 Med: 7.07 Max: 14.96
Current: 6.75
During the past 13 years, Signet Industries's highest ROE % was 14.96%. The lowest was 4.30%. And the median was 7.07%.
NSE:SIGIND's ROE % is ranked better than 53.32% of 557
companies
in the Conglomerates industry
Industry Median: 6.15
vs NSE:SIGIND: 6.75
Signet Industries (NSE:SIGIND) 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.
Signet Industries ROE % Related Terms
Signet Industries ROE % Historical Data
* Premium members only.
The historical data trend for Signet 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 Conglomerates subindustry, Signet 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.
Signet Industries ROE % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Signet Industries's ROE % distribution charts can be found below:
* The bar in red indicates where Signet 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.
Signet Industries (NSE:SIGIND) has a ROE % of 11.07% 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 Signet Industries and its competitors. This is 57% above median its historical median of 7.07. Over the past decade, Signet Industries' ROE % has ranged from 4.30 to 14.96. According to the industry distribution chart, Signet Industries ranks #260 out of 557 companies in the Conglomerates industry, placing it in the top 46.7%.
Is Signet Industries' ROE % too high?
Signet Industries' current ROE % of 11.07% is 57% above median its 10-year median of 7.07. Over the past 10 years, this metric has ranged from a low of 4.30 to a high of 14.96. The Conglomerates industry median ROE % is 6.15. Signet Industries' value of 11.07% is 80% above this industry median. Based on the distribution chart, Signet Industries ranks #260 out of 557 companies in the Conglomerates industry, which is above the industry midpoint. Overall, Signet Industries has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Signet Industries' ROE % compare to HON and MMM?
According to the Conglomerates industry distribution chart, Signet Industries ranks #260 out of 557 companies for ROE %. This puts Signet Industries in the upper half of its industry. The industry median ROE % is 6.15. Signet Industries' value of 11.07% is 80% above this benchmark. Historically, Signet Industries' own ROE % has ranged from 4.30 to 14.96 over the past decade. While the company's 10-year median is 7.07 vs. the industry median of 6.15, Signet 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 Conglomerates company?
The median ROE % among Conglomerates companies is 6.15, based on 557 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. Signet Industries's current ROE % of 11.07% is 80% 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 Signet Industries and its competitors. For the Conglomerates industry, the median ROE % is 6.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Signet Industries's current ROE % is 11.07%, which is 57% above median its own 10-year median of 7.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Signet Industries stock overvalued right now?
Based on GuruFocus' analysis, Signet Industries (NSE:SIGIND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹71.26, compared to a current price of ₹47.10 — trading 33.9% below its estimated fair value. The current ROE % is 11.07%, which is 57% above median its 10-year median of 7.07 and 80% above the Conglomerates industry median of 6.15. Signet Industries' overall GF Score™ is 74/100 with 1 warning sign 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 Signet Industries (NSE:SIGIND), the current ROE % is 11.07% 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 Signet Industries (NSE:SIGIND) Overvalued in 2026?
Based on GuruFocus' analysis, Signet Industries stock appears to be undervalued.
The current stock price of ₹47.10 is trading 33.9% below its estimated GF Value™ of ₹71.26.
GuruFocus considers Signet Industries to be Significantly Undervalued.
Key valuation signals for NSE:SIGIND:
ROE %: 11.07% (57% above median its 10-year median of 7.07)
GF Value™: ₹71.26 vs. price of ₹47.10 (33.9% below fair value)
Industry Position: 80% above the Conglomerates median (#260 of 557)
No single metric tells the full story. See the NSE:SIGIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Signet Industries Ltd is engaged in the business of merchant trading in all kinds of polymers and related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household, and plastic molded furniture. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment, which generates maximum revenue, comprises the manufacturing of irrigation and plastic products. Its Windmill segment includes its wind turbine power unit, and the Trading segment involves the trading of polymers and plastic granules. Geographically, the company derives a majority of its revenue from its business in India and also caters to the international markets through exports.
74GF Score
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