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Grandma Trading & AgenciesBOM:504369 +3.57%20 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates BOM:504369 with a GF Score™ of 20/100. Among 1,015 Manufacturing - Apparel & Accessories companies, Grandma Trading & Agencies ranks worse than 99.61% 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. Grandma Trading & Agencies's annualized net income for the quarter that ended in Mar. 2026 was ₹2.65 Mil. Grandma Trading & Agencies's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹-0.01 Mil. Therefore, Grandma Trading & Agencies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.
The historical rank and industry rank for Grandma Trading & Agencies's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504369'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -682.52 Med: 0.18 Max: 229.46
Current: -682.52
During the past 13 years, Grandma Trading & Agencies's highest Return-on-Tangible-Equity was 229.46%. The lowest was -682.52%. And the median was 0.18%.
BOM:504369's Return-on-Tangible-Equity is ranked worse than 99.61% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs BOM:504369: -682.52
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.
Grandma Trading & Agencies Return-on-Tangible-Equity Related Terms
Grandma Trading & Agencies Return-on-Tangible-Equity Historical Data
* 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, Grandma Trading & Agencies'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.
Grandma Trading & Agencies Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Grandma Trading & Agencies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grandma Trading & Agencies'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 Negative Tangible Equity% mean?
Grandma Trading & Agencies (BOM:504369) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Grandma Trading & Agencies and its competitors. According to the industry distribution chart, Grandma Trading & Agencies ranks #1011 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 99.6%.
Is Grandma Trading & Agencies' Return-on-Tangible-Equity too high?
Grandma Trading & Agencies' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Grandma Trading & Agencies ranks #1011 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Grandma Trading & Agencies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Grandma Trading & Agencies' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Grandma Trading & Agencies ranks #1011 out of 1015 companies for Return-on-Tangible-Equity. This places Grandma Trading & Agencies in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. 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 1,015 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 Grandma Trading & Agencies 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. Grandma Trading & Agencies's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grandma Trading & Agencies stock overvalued right now?
Grandma Trading & Agencies (BOM:504369) has a current Return-on-Tangible-Equity of Negative Tangible Equity%. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Grandma Trading & Agencies' overall GF Score™ is 20/100. 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 Grandma Trading & Agencies (BOM:504369), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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.
Grandma Trading & Agencies Ltd, an India-based company, is engaged in the business of trading in Shares and commodities. The company is focused on the areas of trading, distribution, import, and export of commodities, solar equipment, merchandise, produce, shares, etc.
20GF Score
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