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The historical rank and industry rank for Investment & Precision Castings's Return-on-Tangible-Equity or its related term are showing as below:
BOM:504786'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.98 Med: 7.34 Max: 14.11
Current: 12.21
During the past 13 years, Investment & Precision Castings's highest Return-on-Tangible-Equity was 14.11%. The lowest was -0.98%. And the median was 7.34%.
BOM:504786's Return-on-Tangible-Equity is ranked better than 80.52% of 616
companies
in the Steel industry
Industry Median: 4.13
vs BOM:504786: 12.21
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.
Investment & Precision Castings Return-on-Tangible-Equity Related Terms
Investment & Precision Castings 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.
BOM:504786 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Investment & Precision Castings'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.
Investment & Precision Castings Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Investment & Precision Castings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Investment & Precision Castings'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 14.73% mean?
Investment & Precision Castings (BOM:504786) has a Return-on-Tangible-Equity of 14.73% 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 Investment & Precision Castings and its competitors. This is 101% above median its historical median of 7.34. According to the industry distribution chart, Investment & Precision Castings ranks #120 out of 616 companies in the Steel industry, placing it in the top 19.5%.
Is Investment & Precision Castings' Return-on-Tangible-Equity too high?
Investment & Precision Castings' current Return-on-Tangible-Equity of 14.73% is 101% above median its 10-year median of 7.34. The Steel industry median Return-on-Tangible-Equity is 4.13. Investment & Precision Castings' value of 14.73% is 256.7% above this industry median. Based on the distribution chart, Investment & Precision Castings ranks #120 out of 616 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Investment & Precision Castings has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Investment & Precision Castings' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Investment & Precision Castings ranks #120 out of 616 companies for Return-on-Tangible-Equity. This places Investment & Precision Castings in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.13. Investment & Precision Castings' value of 14.73% is 256.7% above this benchmark. While the company's 10-year median is 7.34 vs. the industry median of 4.13, Investment & Precision Castings 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.13, based on 616 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. Investment & Precision Castings's current Return-on-Tangible-Equity of 14.73% is 256.7% 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 Investment & Precision Castings and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investment & Precision Castings's current Return-on-Tangible-Equity is 14.73%, which is 101% above median its own 10-year median of 7.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investment & Precision Castings stock overvalued right now?
Based on GuruFocus' analysis, Investment & Precision Castings (BOM:504786) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹464.28, compared to a current price of ₹1,038.50 — trading 123.7% above its estimated fair value. The current Return-on-Tangible-Equity is 14.73%, which is 101% above median its 10-year median of 7.34 and 256.7% above the Steel industry median of 4.13. Investment & Precision Castings' overall GF Score™ is 52/100 with 6 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 Investment & Precision Castings (BOM:504786), the current Return-on-Tangible-Equity is 14.73% 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 Investment & Precision Castings (BOM:504786) Overvalued in 2026?
Based on GuruFocus' analysis, Investment & Precision Castings stock appears to be overvalued.
The current stock price of ₹1,038.50 is trading 123.7% above its estimated GF Value™ of ₹464.28.
GuruFocus considers Investment & Precision Castings to be Significantly Overvalued.
Key valuation signals for BOM:504786:
Return-on-Tangible-Equity: 14.73% (101% above median its 10-year median of 7.34)
GF Value™: ₹464.28 vs. price of ₹1,038.50 (123.7% above fair value)
Industry Position: 256.7% above the Steel median (#120 of 616)
No single metric tells the full story. See the BOM:504786 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Investment & Precision Castings Ltd is engaged in the steel casting business. The company's products portfolio includes two-three-four-wheeler, bus tractor parts; aircraft parts; turbochargers for diesel engines; power plants, pumps and valves, medical implants; electrical and instrumentation; general engineering; electronics; electronics; compressors; artisan castings; and machined components from bar stock. The company also provides its products and services to ancillaries and the wind power generation industry. It operates in two segments Investment Castings and Power Generation. The majority of the company's revenue comes from the Investment Castings segment.
52GF Score
Get the complete analysis for BOM:504786
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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