Reliance Industries (CHIX:RIGDL) 3-Year RORE % : 3.00% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

CHIX:RIGDL Reliance Industries Ltd CHIX:RIGDL
83 GF Score
Price $53.70
GF Value $68.63
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Reliance Industries 3-Year RORE %?

Reliance Industries CHIX:RIGDL -0.56% 83 3-Year RORE % is 3.00 as of Mar. 2026. GuruFocus rates CHIX:RIGDL with a GF Score™ of 83/100 and a GF Value™ of $68.63 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 919 Oil & Gas companies, Reliance Industries ranks better than 54.41% on this metric.

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. Reliance Industries's 3-Year RORE % for the quarter that ended in Mar. 2026 was 3.00%.

The industry rank for Reliance Industries's 3-Year RORE % or its related term are showing as below:

CHIX:RIGDl's 3-Year RORE % is ranked better than
54.41% of 919 companies
in the Oil & Gas industry
Industry Median: 1.08 vs CHIX:RIGDl: 3.00

Reliance Industries  (CHIX:RIGDl) 3-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


Reliance Industries 3-Year RORE % Related Terms


Reliance Industries 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for Reliance Industries's 3-Year RORE % 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.

Reliance Industries 3-Year RORE % Chart

Reliance Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
3-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.05 6.27 0.77 -0.21 3.00

Reliance Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year RORE % 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 Premium Member Only Premium Member Only -0.21 6.97 5.60 4.43 3.00

CHIX:RIGDL vs VLO, MPC, PSX: 3-Year RORE % Comparison

For the Oil & Gas Refining & Marketing subindustry, Reliance Industries's 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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.


Reliance Industries 3-Year RORE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Reliance Industries's 3-Year RORE % distribution charts can be found below:

* The bar in red indicates where Reliance Industries's 3-Year RORE % falls into.


CHIX:RIGDL
83GF Score
Reliance Industries Ltd CHIX:RIGDL
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Industries 3-Year RORE % Calculation

Reliance Industries's 3-Year RORE % for the quarter that ended in Mar. 2026 is calculated as:

3-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 3-year -Cumulative Dividends per Share for 3-year )
=( 2.689-2.482 )/( 7.599-0.702 )
=0.207/6.897
=3.00 %

* 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 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.

Frequently Asked Questions Learn more about 3-Year RORE % →
What does a 3-Year RORE % of 3.00 mean?
Reliance Industries (CHIX:RIGDL) has a 3-Year RORE % of 3.00 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Reliance Industries and its competitors. According to the industry distribution chart, Reliance Industries ranks #419 out of 919 companies in the Oil & Gas industry, placing it in the top 45.6%.
Is Reliance Industries' 3-Year RORE % too high?
Reliance Industries' current 3-Year RORE % is 3.00. The Oil & Gas industry median 3-Year RORE % is 1.08. Reliance Industries' value of 3.00 is 177.8% above this industry median. Based on the distribution chart, Reliance Industries ranks #419 out of 919 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Reliance Industries has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Reliance Industries' 3-Year RORE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Reliance Industries ranks #419 out of 919 companies for 3-Year RORE %. This puts Reliance Industries in the upper half of its industry. The industry median 3-Year RORE % is 1.08. Reliance Industries' value of 3.00 is 177.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Oil & Gas company?
The median 3-Year RORE % among Oil & Gas companies is 1.08, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reliance Industries's current 3-Year RORE % of 3.00 is 177.8% 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 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Reliance Industries and its competitors. For the Oil & Gas industry, the median 3-Year RORE % is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Industries's current 3-Year RORE % is 3.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reliance Industries stock overvalued right now?
Based on GuruFocus' analysis, Reliance Industries (CHIX:RIGDL) is currently considered Modestly Undervalued. The stock's GF Value™ is $68.63, compared to a current price of $53.70 — trading 21.8% below its estimated fair value. The current 3-Year RORE % is 3.00 and 177.8% above the Oil & Gas industry median of 1.08. Reliance Industries' overall GF Score™ is 83/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Reliance Industries (CHIX:RIGDL), the current 3-Year RORE % is 3.00 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 Reliance Industries (CHIX:RIGDL) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance Industries stock appears to be undervalued. The current stock price of $53.70 is trading 21.8% below its estimated GF Value™ of $68.63. GuruFocus considers Reliance Industries to be Modestly Undervalued.

Key valuation signals for CHIX:RIGDL:

  • 3-Year RORE %: 3.00
  • GF Value™: $68.63 vs. price of $53.70 (21.8% below fair value)
  • GF Score™: 83/100 with 2 warning signs
  • Industry Position: 177.8% above the Oil & Gas median (#419 of 919)

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


Reliance Industries Business Description

Industry EnergyOil & Gas
Address 222, Nariman Point, 3rd Floor, Maker Chambers IV, Mumbai, MH, IND, 400021
Reliance Industries Ltd is engaged in hydrocarbon exploration and production, refining and marketing, petrochemicals, financial services, retail, and communications. The company has five principal operating and reporting segments: Oil to Chemicals (O2C), Oil and Gas, Retail, Digital Services, and other services. Reliance's refineries produce a range of petroleum products that find use as fuel variants, feedstock, and fuel for power and cement plants. Fuels produced in refineries are exported to several countries and can be processed into any grade of gasoline or diesel. The Oil to Chemicals segment, which derives the majority of revenue, includes Refining, Petrochemicals, fuel retailing through Reliance BP Mobility Limited, aviation fuel, and bulk wholesale marketing.
83GF Score

Get the complete analysis for CHIX:RIGDL

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

$53.70
Price
$68.63
GF Value