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Bajaj ElectricalsBOM:500031 -0.09%59 Return-on-Tangible-Equity is -21.36% as of Mar. 2026. GuruFocus rates BOM:500031 with a GF Score™ of 59/100 and a GF Value™ of ₹793.38 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 421 Furnishings, Fixtures & Appliances companies, Bajaj Electricals ranks worse than 80.52% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Bajaj Electricals's annualized net income for the quarter that ended in Mar. 2026 was ₹-2,701 Mil. Bajaj Electricals's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹12,649 Mil. Therefore, Bajaj Electricals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -21.36%.
The historical rank and industry rank for Bajaj Electricals's Return-on-Tangible-Equity or its related term are showing as below:
BOM:500031'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.52 Med: 9.51 Max: 16.14
Current: -6.34
During the past 13 years, Bajaj Electricals's highest Return-on-Tangible-Equity was 16.14%. The lowest was -6.52%. And the median was 9.51%.
BOM:500031's Return-on-Tangible-Equity is ranked worse than 80.52% of 421
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 5.07
vs BOM:500031: -6.34
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity 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 Return-on-Tangible-Equitys can be extremely high.
Bajaj Electricals Return-on-Tangible-Equity Related Terms
Bajaj Electricals Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bajaj Electricals's Return-on-Tangible-Equity 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.
BOM:500031 vs SN, SGI, MHK: Return-on-Tangible-Equity Comparison
For the Furnishings, Fixtures & Appliances subindustry, Bajaj Electricals's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Bajaj Electricals Return-on-Tangible-Equity vs Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Bajaj Electricals's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bajaj Electricals's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -21.36% mean?
Bajaj Electricals (BOM:500031) has a Return-on-Tangible-Equity of -21.36% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bajaj Electricals and its competitors. According to the industry distribution chart, Bajaj Electricals ranks #339 out of 421 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 80.5%.
Is Bajaj Electricals' Return-on-Tangible-Equity too high?
Bajaj Electricals' current Return-on-Tangible-Equity is -21.36%. Based on the distribution chart, Bajaj Electricals ranks #339 out of 421 companies in the Furnishings, Fixtures & Appliances industry, which is in the bottom quartile relative to peers. Overall, Bajaj Electricals has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bajaj Electricals' Return-on-Tangible-Equity compare to SN and SGI?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Bajaj Electricals ranks #339 out of 421 companies for Return-on-Tangible-Equity. This places Bajaj Electricals in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.07. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Furnishings, Fixtures & Appliances company?
The median Return-on-Tangible-Equity among Furnishings, Fixtures & Appliances companies is 5.07, based on 421 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bajaj Electricals and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Return-on-Tangible-Equity is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bajaj Electricals's current Return-on-Tangible-Equity is -21.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bajaj Electricals stock overvalued right now?
Based on GuruFocus' analysis, Bajaj Electricals (BOM:500031) is currently considered Possible Value Trap. The stock's GF Value™ is ₹793.38, compared to a current price of ₹333.25 — trading 58% below its estimated fair value. The current Return-on-Tangible-Equity is -21.36%. Bajaj Electricals' overall GF Score™ is 59/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Bajaj Electricals (BOM:500031), the current Return-on-Tangible-Equity is -21.36% 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 Bajaj Electricals (BOM:500031) Overvalued in 2026?
Based on GuruFocus' analysis, Bajaj Electricals stock appears to be undervalued.
The current stock price of ₹333.25 is trading 58% below its estimated GF Value™ of ₹793.38.
GuruFocus considers Bajaj Electricals to be Possible Value Trap.
Key valuation signals for BOM:500031:
Return-on-Tangible-Equity: -21.36%
GF Value™: ₹793.38 vs. price of ₹333.25 (58% below fair value)
No single metric tells the full story. See the BOM:500031 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bajaj Electricals Ltd is an Indian company that manufactures and sells consumer electrical appliances. The company's operating segment includes Consumer Products and Lighting. The Consumer Products segment, which is the key revenue driver, represents the sale of appliances, fans, and consumer lighting products. The Lighting segment includes professional lighting (B2B) and consumer lighting (B2C). The group has a business presence in India and outside India.
59GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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