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JSL IndustriesBOM:504080 -3.35%69 Return-on-Tangible-Equity is 10.22% as of Mar. 2026, which is 25% above its 10-year median of 8.17. GuruFocus rates BOM:504080 with a GF Score™ of 69/100 and a GF Value™ of ₹1,326.81 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 2,973 Industrial Products companies, JSL Industries ranks better than 50.79% 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. JSL Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹47.8 Mil. JSL Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹467.3 Mil. Therefore, JSL Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.22%.
The historical rank and industry rank for JSL Industries's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504080'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.75 Med: 8.17 Max: 16.91
Current: 7
During the past 13 years, JSL Industries's highest Return-on-Tangible-Equity was 16.91%. The lowest was 0.75%. And the median was 8.17%.
BOM:504080's Return-on-Tangible-Equity is ranked better than 50.79% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs BOM:504080: 7.00
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.
JSL Industries Return-on-Tangible-Equity Related Terms
JSL Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JSL Industries'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:504080 vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, JSL Industries'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.
JSL Industries Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, JSL Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JSL Industries'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 10.22% mean?
JSL Industries (BOM:504080) has a Return-on-Tangible-Equity of 10.22% 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 JSL Industries and its competitors. This is 25% above median its historical median of 8.17. Over the past decade, JSL Industries' Return-on-Tangible-Equity has ranged from 0.75 to 16.91. According to the industry distribution chart, JSL Industries ranks #1463 out of 2973 companies in the Industrial Products industry, placing it in the top 49.2%.
Is JSL Industries' Return-on-Tangible-Equity too high?
JSL Industries' current Return-on-Tangible-Equity of 10.22% is 25% above median its 10-year median of 8.17. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 16.91. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. JSL Industries' value of 10.22% is 51.2% above this industry median. Based on the distribution chart, JSL Industries ranks #1463 out of 2973 companies in the Industrial Products industry, which is above the industry midpoint. Overall, JSL Industries has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does JSL Industries' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, JSL Industries ranks #1463 out of 2973 companies for Return-on-Tangible-Equity. This puts JSL Industries in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. JSL Industries' value of 10.22% is 51.2% above this benchmark. Historically, JSL Industries' own Return-on-Tangible-Equity has ranged from 0.75 to 16.91 over the past decade. While the company's 10-year median is 8.17 vs. the industry median of 6.76, JSL Industries 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 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. JSL Industries's current Return-on-Tangible-Equity of 10.22% is 51.2% 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 JSL Industries and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSL Industries's current Return-on-Tangible-Equity is 10.22%, which is 25% above median its own 10-year median of 8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSL Industries stock overvalued right now?
Based on GuruFocus' analysis, JSL Industries (BOM:504080) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,326.81, compared to a current price of ₹840.00 — trading 36.7% below its estimated fair value. The current Return-on-Tangible-Equity is 10.22%, which is 25% above median its 10-year median of 8.17 and 51.2% above the Industrial Products industry median of 6.76. JSL Industries' overall GF Score™ is 69/100 with 2 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 JSL Industries (BOM:504080), the current Return-on-Tangible-Equity is 10.22% 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 JSL Industries (BOM:504080) Overvalued in 2026?
Based on GuruFocus' analysis, JSL Industries stock appears to be undervalued.
The current stock price of ₹840.00 is trading 36.7% below its estimated GF Value™ of ₹1,326.81.
GuruFocus considers JSL Industries to be Significantly Undervalued.
Key valuation signals for BOM:504080:
Return-on-Tangible-Equity: 10.22% (25% above median its 10-year median of 8.17)
GF Value™: ₹1,326.81 vs. price of ₹840.00 (36.7% below fair value)
Industry Position: 51.2% above the Industrial Products median (#1463 of 2973)
No single metric tells the full story. See the BOM:504080 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSL Industries Ltd is an Indian company engaged in the manufacturing of engineering goods. It manufactures HT Indoor and Outdoor Instrument Transformers, Full and Reduced Voltage Motor Starters - Air Break and Oil Immersed, LT Power and Auxiliary Contactors, Thermal Overload Relays, LT ACBs, MCCBs, Control, and Power Switches, LT Power and Motor Control Centre, LT Switchboard, LT Distribution Boxes, Mono-Block Pumps, TEFC, SPDP, and VHS Motors, etc.
69GF Score
Get the complete analysis for BOM:504080
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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