Is It Well-Run? · Intermediate · Pro filter
RoCE variability (10Y): what it means and how to read it
How much yearly RoCE swings over 10 years. Lower means steadier.
What is RoCE variability (10Y)?
How much yearly RoCE swings over 10 years. Lower means steadier.
A worked example
RoCE between 18% and 22% every year for ten years is steady. Swinging between 4% and 35% suggests profits depend on a cycle the company does not control.
Why does RoCE variability (10Y) matter?
Steady returns suggest a dependable business, not a lucky streak.
How do you read RoCE variability (10Y)?
Lower is steadier.
Lower is usually better.
What is a typical RoCE variability (10Y) in India today?
The median across the 3595 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 66 companies5.0%
Mid Cap · 109 companies5.4%
Small Cap · 3420 companies7.0%
By industry
Median, largest industries first
Pharmaceuticals · 1706.9%
Computers - Software & Consulting · 496.9%
Power Generation · 274.3%
Auto Components & Equipments · 965.1%
Heavy Electrical Equipment · 338.9%
Civil Construction · 976.1%
Aerospace & Defense · 249.4%
Iron & Steel · 106.5%
Cement & Cement Products · 304.7%
Residential Commercial Projects · 845.8%
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.