BSE (NSE:BSE) 3-Year RORE % : 43.16% (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.

NSE:BSE BSE Ltd NSE:BSE
87 GF Score
Price ₹3,575.00
GF Value ₹3,797.97
Valuation Fairly Valued
! 1 Warning Sign
View Full Analysis

What is BSE 3-Year RORE %?

BSE NSE:BSE -1.95% 87 3-Year RORE % is 43.16 as of Mar. 2026. GuruFocus rates NSE:BSE with a GF Score™ of 87/100 and a GF Value™ of ₹3,797.97 (Fairly Valued). The stock has 1 warning sign investors should review. Among 762 Capital Markets companies, BSE ranks better than 72.97% 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. BSE's 3-Year RORE % for the quarter that ended in Mar. 2026 was 43.16%.

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

NSE:BSE's 3-Year RORE % is ranked better than
72.97% of 762 companies
in the Capital Markets industry
Industry Median: 14.285 vs NSE:BSE: 43.16

BSE  (NSE:BSE) 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.


BSE 3-Year RORE % Related Terms


BSE 3-Year RORE % Historical Data

* Premium members only.

The historical data trend for BSE'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.

BSE 3-Year RORE % Chart

BSE 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 61.54 28.73 64.95 62.51 43.16

BSE 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 62.51 44.57 40.58 43.70 43.16

NSE:BSE vs SPGI, CME, ICE: 3-Year RORE % Comparison

For the Financial Data & Stock Exchanges subindustry, BSE'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.


BSE 3-Year RORE % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, BSE's 3-Year RORE % distribution charts can be found below:

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


NSE:BSE
87GF Score
BSE Ltd NSE:BSE
3-Year RORE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BSE 3-Year RORE % Calculation

BSE'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 )
=( 60.61-18.884 )/( 111.674-15 )
=41.726/96.674
=43.16 %

* 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 43.16 mean?
BSE (NSE:BSE) has a 3-Year RORE % of 43.16 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 BSE and its competitors. According to the industry distribution chart, BSE ranks #206 out of 762 companies in the Capital Markets industry, placing it in the top 27%.
Is BSE's 3-Year RORE % too high?
BSE's current 3-Year RORE % is 43.16. The Capital Markets industry median 3-Year RORE % is 14.29. BSE's value of 43.16 is 202.1% above this industry median. Based on the distribution chart, BSE ranks #206 out of 762 companies in the Capital Markets industry, which is above the industry midpoint. Overall, BSE has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BSE's 3-Year RORE % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, BSE ranks #206 out of 762 companies for 3-Year RORE %. This puts BSE in the upper half of its industry. The industry median 3-Year RORE % is 14.29. BSE's value of 43.16 is 202.1% 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 a Capital Markets company?
The median 3-Year RORE % among Capital Markets companies is 14.29, based on 762 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. BSE's current 3-Year RORE % of 43.16 is 202.1% 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 BSE and its competitors. For the Capital Markets industry, the median 3-Year RORE % is 14.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BSE's current 3-Year RORE % is 43.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSE stock overvalued right now?
Based on GuruFocus' analysis, BSE (NSE:BSE) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,797.97, compared to a current price of ₹3,575.00 — trading 5.9% below its estimated fair value. The current 3-Year RORE % is 43.16 and 202.1% above the Capital Markets industry median of 14.29. BSE's overall GF Score™ is 87/100 with 1 warning sign 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 BSE (NSE:BSE), the current 3-Year RORE % is 43.16 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 BSE (NSE:BSE) Overvalued in 2026?

Based on GuruFocus' analysis, BSE stock appears to be undervalued. The current stock price of ₹3,575.00 is trading 5.9% below its estimated GF Value™ of ₹3,797.97. GuruFocus considers BSE to be Fairly Valued.

Key valuation signals for NSE:BSE:

  • 3-Year RORE %: 43.16
  • GF Value™: ₹3,797.97 vs. price of ₹3,575.00 (5.9% below fair value)
  • GF Score™: 87/100 with 1 warning sign
  • Industry Position: 202.1% above the Capital Markets median (#206 of 762)

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


BSE Business Description

Address Dalal Street, 25th Floor, Phiroze Jeejeebhoy Towers, Mumbai, MH, IND, 400001
BSE Ltd operates as a stock exchange and is one of the exchange groups in India. The company operates through one segment namely Stock Exchange Operations i.e. Facilitating Trading in Securities and other related ancillary Services, while generating a majority of its revenues through stock exchange activities. It predominantly provides a trading platform for over 5000 companies that are listed on its exchange. The exchange offers various services such as trading in equity, debt instruments, derivatives, and mutual funds. BSE also offers its customers other services such as risk management, market data services, and educational programs. Geographically, the company generates a majority of its revenue from its customers within India.
87GF Score

Get the complete analysis for NSE:BSE

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

₹3,575.00
Price
₹3,797.97
GF Value