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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. Bhagwati Oxygen's annualized net income for the quarter that ended in Mar. 2026 was ₹130.58 Mil. Bhagwati Oxygen's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹72.52 Mil. Therefore, Bhagwati Oxygen's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 180.06%.
The historical rank and industry rank for Bhagwati Oxygen's Return-on-Tangible-Equity or its related term are showing as below:
BOM:509449'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -44.7 Med: -4.08 Max: 64.19
Current: 64.19
During the past 13 years, Bhagwati Oxygen's highest Return-on-Tangible-Equity was 64.19%. The lowest was -44.70%. And the median was -4.08%.
BOM:509449's Return-on-Tangible-Equity is ranked better than 97.07% of 1570
companies
in the Chemicals industry
Industry Median: 5.88
vs BOM:509449: 64.19
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.
Bhagwati Oxygen Return-on-Tangible-Equity Related Terms
Bhagwati Oxygen Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bhagwati Oxygen'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:509449 vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Bhagwati Oxygen'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.
Bhagwati Oxygen Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Bhagwati Oxygen's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bhagwati Oxygen'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 180.06% mean?
Bhagwati Oxygen (BOM:509449) has a Return-on-Tangible-Equity of 180.06% 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 Bhagwati Oxygen and its competitors. According to the industry distribution chart, Bhagwati Oxygen ranks #46 out of 1570 companies in the Chemicals industry, placing it in the top 2.9%.
Is Bhagwati Oxygen's Return-on-Tangible-Equity too high?
Bhagwati Oxygen's current Return-on-Tangible-Equity is 180.06%. The Chemicals industry median Return-on-Tangible-Equity is 5.88. Bhagwati Oxygen's value of 180.06% is 2962.2% above this industry median. Based on the distribution chart, Bhagwati Oxygen ranks #46 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Bhagwati Oxygen has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bhagwati Oxygen's Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Bhagwati Oxygen ranks #46 out of 1570 companies for Return-on-Tangible-Equity. This places Bhagwati Oxygen in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.88. Bhagwati Oxygen's value of 180.06% is 2962.2% above this benchmark. 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 Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.88, based on 1,570 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. Bhagwati Oxygen's current Return-on-Tangible-Equity of 180.06% is 2962.2% 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 Bhagwati Oxygen and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwati Oxygen's current Return-on-Tangible-Equity is 180.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwati Oxygen stock overvalued right now?
Based on GuruFocus' analysis, Bhagwati Oxygen (BOM:509449) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹29.20, compared to a current price of ₹38.69 — trading 32.5% above its estimated fair value. The current Return-on-Tangible-Equity is 180.06% and 2962.2% above the Chemicals industry median of 5.88. Bhagwati Oxygen's overall GF Score™ is 46/100 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 Bhagwati Oxygen (BOM:509449), the current Return-on-Tangible-Equity is 180.06% 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 Bhagwati Oxygen (BOM:509449) Overvalued in 2026?
Based on GuruFocus' analysis, Bhagwati Oxygen stock appears to be overvalued.
The current stock price of ₹38.69 is trading 32.5% above its estimated GF Value™ of ₹29.20.
GuruFocus considers Bhagwati Oxygen to be Significantly Overvalued.
Key valuation signals for BOM:509449:
Return-on-Tangible-Equity: 180.06%
GF Value™: ₹29.20 vs. price of ₹38.69 (32.5% above fair value)
Industry Position: 2962.2% above the Chemicals median (#46 of 1570)
No single metric tells the full story. See the BOM:509449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhagwati Oxygen Ltd is a manufacturing and engineering company with a core focus on industrial gas manufacturing, technology, systems, and equipment. It operates in two reporting segments: Gases and Power.
46GF Score
Get the complete analysis for BOM:509449
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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