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Ruby MillsBOM:503169 +2.90%66 Return-on-Tangible-Equity is 6.56% as of Mar. 2026, which is 1% below its 10-year median of 6.60. GuruFocus rates BOM:503169 with a GF Score™ of 66/100 and a GF Value™ of ₹387.48 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,018 Manufacturing - Apparel & Accessories companies, Ruby Mills ranks better than 59.82% 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. Ruby Mills's annualized net income for the quarter that ended in Mar. 2026 was ₹442 Mil. Ruby Mills's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹6,735 Mil. Therefore, Ruby Mills's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.56%.
The historical rank and industry rank for Ruby Mills's Return-on-Tangible-Equity or its related term are showing as below:
BOM:503169'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4 Med: 6.6 Max: 9.65
Current: 6.68
During the past 13 years, Ruby Mills's highest Return-on-Tangible-Equity was 9.65%. The lowest was 4.00%. And the median was 6.60%.
BOM:503169's Return-on-Tangible-Equity is ranked better than 59.82% of 1018
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.425
vs BOM:503169: 6.68
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.
Ruby Mills Return-on-Tangible-Equity Related Terms
Ruby Mills Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ruby Mills'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.
For the Textile Manufacturing subindustry, Ruby Mills'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.
Ruby Mills Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ruby Mills's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ruby Mills'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 6.56% mean?
Ruby Mills (BOM:503169) has a Return-on-Tangible-Equity of 6.56% 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 Ruby Mills and its competitors. This is near median its historical median of 6.60. Over the past decade, Ruby Mills' Return-on-Tangible-Equity has ranged from 4.00 to 9.65. According to the industry distribution chart, Ruby Mills ranks #409 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.2%.
Is Ruby Mills' Return-on-Tangible-Equity too high?
Ruby Mills' current Return-on-Tangible-Equity of 6.56% is near median its 10-year median of 6.60. Over the past 10 years, this metric has ranged from a low of 4.00 to a high of 9.65. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Ruby Mills' value of 6.56% is 48.2% above this industry median. Based on the distribution chart, Ruby Mills ranks #409 out of 1018 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Ruby Mills has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ruby Mills' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ruby Mills ranks #409 out of 1018 companies for Return-on-Tangible-Equity. This puts Ruby Mills in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Ruby Mills' value of 6.56% is 48.2% above this benchmark. Historically, Ruby Mills' own Return-on-Tangible-Equity has ranged from 4.00 to 9.65 over the past decade. While the company's 10-year median is 6.60 vs. the industry median of 4.43, Ruby Mills has consistently been above the industry average. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,018 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. Ruby Mills's current Return-on-Tangible-Equity of 6.56% is 48.2% 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 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 Ruby Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ruby Mills's current Return-on-Tangible-Equity is 6.56%, which is near median its own 10-year median of 6.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ruby Mills stock overvalued right now?
Based on GuruFocus' analysis, Ruby Mills (BOM:503169) is currently considered Fairly Valued. The stock's GF Value™ is ₹387.48, compared to a current price of ₹404.65 — trading 4.4% above its estimated fair value. The current Return-on-Tangible-Equity is 6.56%, which is near median its 10-year median of 6.60 and 48.2% above the Manufacturing - Apparel & Accessories industry median of 4.43. Ruby Mills' overall GF Score™ is 66/100 with 8 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 Ruby Mills (BOM:503169), the current Return-on-Tangible-Equity is 6.56% 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 Ruby Mills (BOM:503169) Overvalued in 2026?
Based on GuruFocus' analysis, Ruby Mills stock appears to be overvalued.
The current stock price of ₹404.65 is trading 4.4% above its estimated GF Value™ of ₹387.48.
GuruFocus considers Ruby Mills to be Fairly Valued.
Key valuation signals for BOM:503169:
Return-on-Tangible-Equity: 6.56% (near median its 10-year median of 6.60)
GF Value™: ₹387.48 vs. price of ₹404.65 (4.4% above fair value)
Industry Position: 48.2% above the Manufacturing - Apparel & Accessories median (#409 of 1018)
No single metric tells the full story. See the BOM:503169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ruby Mills Ltd is engaged in the business of textile manufacturing and real estate development. It operates through two segments: Textile and Real Estate & related. The company manufactures and markets various products, which include cotton and blended yarns; custom-made fabrics from various manmade and natural fibers, such as cotton, linen, viscose, lyocell, modal, polynosic and the blends of the same for shirting, suiting and dress materials. The Textile segment generates maximum revenue for the firm.
66GF Score
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