BIHSPONG.BO
Price:
$11.6
Market Cap:
$1.05B
Bihar Sponge Iron Ltd. engages in the manufacture and sale of sponge iron. It also produces direct reduce iron from indigenous iron ore and non-coking coal. The company was founded on April 16, 1982 and is headquartered in Kharsawan, India.
Industry
Steel
IPO Date
2004-03-09
Stock Exchange
BSE
Ticker
BIHSPONG.BO
According to Bihar Sponge Iron Limited’s latest financial reports and current stock price. The company's current ROE is -18.39%. This represents a change of 293.63% compared to the average of -4.67% of the last 4 quarters.
The mean historical ROE of Bihar Sponge Iron Limited over the last ten years is -5.85%. The current -18.39% ROE has changed 214.14% with respect to the historical average. Over the past ten years (40 quarters), BIHSPONG.BO's ROE was at its highest in in the March 2016 quarter at 2.38%. The ROE was at its lowest in in the March 2024 quarter at -8.06%.
Average
-5.85%
Median
-2.31%
Minimum
-22.92%
Maximum
7.10%
Discovering the peaks and valleys of Bihar Sponge Iron Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 652.72%
Maximum Annual ROE = 7.10%
Minimum Annual Increase = -602.31%
Minimum Annual ROE = -22.92%
| Year | ROE | Change |
|---|---|---|
| 2025 | -22.92% | 71.63% |
| 2024 | -13.35% | -30.46% |
| 2023 | -19.20% | 74.99% |
| 2022 | -10.97% | 131.59% |
| 2021 | -4.74% | -602.31% |
| 2020 | 0.94% | 652.72% |
| 2019 | 0.13% | -11.52% |
| 2018 | 0.14% | -96.75% |
| 2017 | 4.35% | -38.64% |
| 2016 | 7.10% | -25.91% |
The current ROE of Bihar Sponge Iron Limited (BIHSPONG.BO) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-18.49%
5-year avg
-14.24%
10-year avg
-5.85%
Bihar Sponge Iron Limited’s ROE is less than Riddhi Steel and Tube Limited (12.36%), greater than K I C Metaliks Limited (-4.56%), less than Sharda Ispat Limited (8.58%), less than Maiden Forgings Limited (7.99%), less than Kovilpatti Lakshmi Roller Flou (10.94%), less than Resonance Specialties Limited (11.75%), less than Rishiroop Limited (8.31%), less than Hisar Metal Industries Limited (4.39%), greater than Zenith Steel Pipes & Industries Limited (-1.20%), greater than Zenith Steel Pipes & Industries Limited (-1.20%),
| Company | ROE | Market cap |
|---|---|---|
| 12.36% | $1.46B | |
| -4.56% | $986.43M | |
| 8.58% | $961.29M | |
| 7.99% | $1.26B | |
| 10.94% | $939.86M | |
| 11.75% | $1.18B | |
| 8.31% | $972.26M | |
| 4.39% | $942.14M | |
| -1.20% | $1.07B | |
| -1.20% | $1.07B |
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