Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Shivam CementsXNEP:SHIVM -1.07%88 ROE % is 10.25% as of Apr. 2026, which is 27% below its 10-year median of 13.96. GuruFocus rates XNEP:SHIVM with a GF Score™ of 88/100 and a GF Value™ of NPR540.80 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 404 Building Materials companies, Shivam Cements ranks better than 84.9% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Shivam Cements's annualized net income for the quarter that ended in Apr. 2026 was NPR1,049 Mil. Shivam Cements's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was NPR10,227 Mil. Therefore, Shivam Cements's annualized ROE % for the quarter that ended in Apr. 2026 was 10.25%.
The historical rank and industry rank for Shivam Cements's ROE % or its related term are showing as below:
XNEP:SHIVM'
s ROE % Range Over the Past 10 Years
Min: 3.41 Med: 13.96 Max: 26.76
Current: 15.43
During the past 9 years, Shivam Cements's highest ROE % was 26.76%. The lowest was 3.41%. And the median was 13.96%.
XNEP:SHIVM's ROE % is ranked better than 84.9% of 404
companies
in the Building Materials industry
Industry Median: 4.32
vs XNEP:SHIVM: 15.43
Shivam Cements (XNEP:SHIVM) 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 (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 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.
Shivam Cements ROE % Related Terms
Shivam Cements ROE % Historical Data
* Premium members only.
The historical data trend for Shivam Cements'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 Materials subindustry, Shivam Cements'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.
Shivam Cements ROE % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Shivam Cements's ROE % distribution charts can be found below:
* The bar in red indicates where Shivam Cements'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 (Apr. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Shivam Cements (XNEP:SHIVM) has a ROE % of 10.25% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Shivam Cements and its competitors. This is 27% below median its historical median of 13.96. Over the past decade, Shivam Cements' ROE % has ranged from 3.41 to 26.76. According to the industry distribution chart, Shivam Cements ranks #61 out of 404 companies in the Building Materials industry, placing it in the top 15.1%.
Is Shivam Cements' ROE % too high?
Shivam Cements' current ROE % of 10.25% is 27% below median its 10-year median of 13.96. Over the past 10 years, this metric has ranged from a low of 3.41 to a high of 26.76. The Building Materials industry median ROE % is 4.32. Shivam Cements' value of 10.25% is 137.3% above this industry median. Based on the distribution chart, Shivam Cements ranks #61 out of 404 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Shivam Cements has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shivam Cements' ROE % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Shivam Cements ranks #61 out of 404 companies for ROE %. This places Shivam Cements in the top 15% of its industry — outperforming the majority of peers. The industry median ROE % is 4.32. Shivam Cements' value of 10.25% is 137.3% above this benchmark. Historically, Shivam Cements' own ROE % has ranged from 3.41 to 26.76 over the past decade. While the company's 10-year median is 13.96 vs. the industry median of 4.32, Shivam Cements 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 Building Materials company?
The median ROE % among Building Materials companies is 4.32, based on 404 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. Shivam Cements's current ROE % of 10.25% is 137.3% 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 Shivam Cements and its competitors. For the Building Materials industry, the median ROE % is 4.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivam Cements's current ROE % is 10.25%, which is 27% below median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivam Cements stock overvalued right now?
Based on GuruFocus' analysis, Shivam Cements (XNEP:SHIVM) is currently considered Modestly Overvalued. The stock's GF Value™ is NPR540.80, compared to a current price of NPR656.00 — trading 21.3% above its estimated fair value. The current ROE % is 10.25%, which is 27% below median its 10-year median of 13.96 and 137.3% above the Building Materials industry median of 4.32. Shivam Cements' overall GF Score™ is 88/100 with 4 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 Shivam Cements (XNEP:SHIVM), the current ROE % is 10.25% as of Apr. 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 Shivam Cements (XNEP:SHIVM) Overvalued in 2026?
Based on GuruFocus' analysis, Shivam Cements stock appears to be overvalued.
The current stock price of NPR656.00 is trading 21.3% above its estimated GF Value™ of NPR540.80.
GuruFocus considers Shivam Cements to be Modestly Overvalued.
Key valuation signals for XNEP:SHIVM:
ROE %: 10.25% (27% below median its 10-year median of 13.96)
GF Value™: NPR540.80 vs. price of NPR656.00 (21.3% above fair value)
Industry Position: 137.3% above the Building Materials median (#61 of 404)
No single metric tells the full story. See the XNEP:SHIVM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shivam Cements Ltd is a Nepal based company engaged in manufacturing of cement and clinker from its self owned limestone quarries. The main product of the company include the Ordinary Portland Cement. Its products include OPC cement 43 Grade and OPC cement 53 grade.
88GF Score
Get the complete analysis for XNEP:SHIVM
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
XNEP:SHIVM has been successfully added to your 
