SBI HoldingsSBHGF -7.36%85 ROE % is 17.62% as of Mar. 2026, which is 50% above its 10-year median of 11.74. GuruFocus rates SBHGF with a GF Score™ of 85/100 and a GF Value™ of $16.73 (Fairly Valued). The stock has 7 warning signs investors should review. Among 492 Diversified Financial Services companies, SBI Holdings ranks better than 95.53% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. SBI Holdings's annualized net income for the quarter that ended in Mar. 2026 was $1,977 Mil. SBI Holdings's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $11,223 Mil. Therefore, SBI Holdings's annualized ROE % for the quarter that ended in Mar. 2026 was 17.62%.
The historical rank and industry rank for SBI Holdings's ROE % or its related term are showing as below:
SBHGF'
s ROE % Range Over the Past 10 Years
Min: 3.65 Med: 11.74 Max: 49.35
Current: 28.02
During the past 13 years, SBI Holdings's highest ROE % was 49.35%. The lowest was 3.65%. And the median was 11.74%.
SBHGF's ROE % is ranked better than 95.53% of 492
companies
in the Diversified Financial Services industry
Industry Median: 1.65
vs SBHGF: 28.02
SBI Holdings (OTCPK:SBHGF) 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.
SBI Holdings ROE % Related Terms
SBI Holdings ROE % Historical Data
* Premium members only.
The historical data trend for SBI Holdings'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 Financial Conglomerates subindustry, SBI Holdings'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.
SBI Holdings ROE % vs Diversified Financial Services Industry
For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's ROE % distribution charts can be found below:
* The bar in red indicates where SBI Holdings'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.
SBI Holdings (SBHGF) has a ROE % of 17.62% 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 SBI Holdings and its competitors. This is 50% above median its historical median of 11.74. Over the past decade, SBI Holdings' ROE % has ranged from 3.65 to 49.35. According to the industry distribution chart, SBI Holdings ranks #22 out of 492 companies in the Diversified Financial Services industry, placing it in the top 4.5%.
Is SBI Holdings' ROE % too high?
SBI Holdings' current ROE % of 17.62% is 50% above median its 10-year median of 11.74. Over the past 10 years, this metric has ranged from a low of 3.65 to a high of 49.35. The Diversified Financial Services industry median ROE % is 1.65. SBI Holdings' value of 17.62% is 967.9% above this industry median. Based on the distribution chart, SBI Holdings ranks #22 out of 492 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, SBI Holdings has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SBI Holdings' ROE % compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, SBI Holdings ranks #22 out of 492 companies for ROE %. This places SBI Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 1.65. SBI Holdings' value of 17.62% is 967.9% above this benchmark. Historically, SBI Holdings' own ROE % has ranged from 3.65 to 49.35 over the past decade. While the company's 10-year median is 11.74 vs. the industry median of 1.65, SBI Holdings 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 Diversified Financial Services company?
The median ROE % among Diversified Financial Services companies is 1.65, based on 492 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. SBI Holdings's current ROE % of 17.62% is 967.9% 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 SBI Holdings and its competitors. For the Diversified Financial Services industry, the median ROE % is 1.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Holdings's current ROE % is 17.62%, which is 50% above median its own 10-year median of 11.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Holdings stock overvalued right now?
Based on GuruFocus' analysis, SBI Holdings (SBHGF) is currently considered Fairly Valued. The stock's GF Value™ is $16.73, compared to a current price of $16.41 — trading 1.9% below its estimated fair value. The current ROE % is 17.62%, which is 50% above median its 10-year median of 11.74 and 967.9% above the Diversified Financial Services industry median of 1.65. SBI Holdings' overall GF Score™ is 85/100 with 7 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 SBI Holdings (SBHGF), the current ROE % is 17.62% 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 SBI Holdings (SBHGF) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Holdings stock appears to be undervalued.
The current stock price of $16.41 is trading 1.9% below its estimated GF Value™ of $16.73.
GuruFocus considers SBI Holdings to be Fairly Valued.
Key valuation signals for SBHGF:
ROE %: 17.62% (50% above median its 10-year median of 11.74)
GF Value™: $16.73 vs. price of $16.41 (1.9% below fair value)
Industry Position: 967.9% above the Diversified Financial Services median (#22 of 492)
No single metric tells the full story. See the SBHGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. The company operates through five segments. The Asset Management segment provides investment management, advice, and financial product information. The Crypto Asset segment offers crypto exchange and trading services. The Financial Services segment covers securities, banking, and insurance activities in Japan and abroad. The Investment segment invests in IT, fintech, blockchain, finance, and biotech ventures. The Next Generation Business develops and sells pharmaceuticals, health foods, and cosmetics, conducts R&D in cancer and immunology, offers digital medical solutions, and engages in medical finance. It generates majority of its revenue from Financial services segment.
85GF Score
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