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V B Desai Financial ServicesBOM:511110 70 Return-on-Tangible-Equity is 6.38% as of Mar. 2026, which is 69% above its 10-year median of 3.78. GuruFocus rates BOM:511110 with a GF Score™ of 70/100 and a GF Value™ of ₹19.06 (Fairly Valued). The stock has 3 warning signs investors should review. Among 783 Capital Markets companies, V B Desai Financial Services ranks better than 51.21% 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. V B Desai Financial Services's annualized net income for the quarter that ended in Mar. 2026 was ₹8.24 Mil. V B Desai Financial Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹129.16 Mil. Therefore, V B Desai Financial Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.38%.
The historical rank and industry rank for V B Desai Financial Services's Return-on-Tangible-Equity or its related term are showing as below:
BOM:511110'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.85 Med: 3.78 Max: 6.96
Current: 6.96
During the past 13 years, V B Desai Financial Services's highest Return-on-Tangible-Equity was 6.96%. The lowest was 0.85%. And the median was 3.78%.
BOM:511110's Return-on-Tangible-Equity is ranked better than 51.21% of 783
companies
in the Capital Markets industry
Industry Median: 6.45
vs BOM:511110: 6.96
V B Desai Financial Services (BOM:511110) Return-on-Tangible-Equity Explanation
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.
V B Desai Financial Services Return-on-Tangible-Equity Related Terms
V B Desai Financial Services 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.
V B Desai Financial Services Return-on-Tangible-Equity Chart
BOM:511110 vs MS, GS, SCHW: Return-on-Tangible-Equity Comparison
For the Capital Markets subindustry, V B Desai Financial Services'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.
V B Desai Financial Services Return-on-Tangible-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where V B Desai Financial Services'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 6.38% mean?
V B Desai Financial Services (BOM:511110) has a Return-on-Tangible-Equity of 6.38% 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 V B Desai Financial Services and its competitors. This is 69% above median its historical median of 3.78. Over the past decade, V B Desai Financial Services' Return-on-Tangible-Equity has ranged from 0.85 to 6.96. According to the industry distribution chart, V B Desai Financial Services ranks #382 out of 783 companies in the Capital Markets industry, placing it in the top 48.8%.
Is V B Desai Financial Services' Return-on-Tangible-Equity too high?
V B Desai Financial Services' current Return-on-Tangible-Equity of 6.38% is 69% above median its 10-year median of 3.78. Over the past 10 years, this metric has ranged from a low of 0.85 to a high of 6.96. The Capital Markets industry median Return-on-Tangible-Equity is 6.45. V B Desai Financial Services' value of 6.38% is 1.1% below this industry median. Based on the distribution chart, V B Desai Financial Services ranks #382 out of 783 companies in the Capital Markets industry, which is above the industry midpoint. Overall, V B Desai Financial Services has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does V B Desai Financial Services' Return-on-Tangible-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, V B Desai Financial Services ranks #382 out of 783 companies for Return-on-Tangible-Equity. This puts V B Desai Financial Services in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.45. V B Desai Financial Services' value of 6.38% is 1.1% below this benchmark. Historically, V B Desai Financial Services' own Return-on-Tangible-Equity has ranged from 0.85 to 6.96 over the past decade. While the company's 10-year median is 3.78 vs. the industry median of 6.45, V B Desai Financial Services has consistently been below 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 Capital Markets company?
The median Return-on-Tangible-Equity among Capital Markets companies is 6.45, based on 783 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. V B Desai Financial Services's current Return-on-Tangible-Equity of 6.38% is 1.1% below 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 V B Desai Financial Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Equity is 6.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V B Desai Financial Services's current Return-on-Tangible-Equity is 6.38%, which is 69% above median its own 10-year median of 3.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V B Desai Financial Services stock overvalued right now?
Based on GuruFocus' analysis, V B Desai Financial Services (BOM:511110) is currently considered Fairly Valued. The stock's GF Value™ is ₹19.06, compared to a current price of ₹17.49 — trading 8.2% below its estimated fair value. The current Return-on-Tangible-Equity is 6.38%, which is 69% above median its 10-year median of 3.78 and 1.1% below the Capital Markets industry median of 6.45. V B Desai Financial Services' overall GF Score™ is 70/100 with 3 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 V B Desai Financial Services (BOM:511110), the current Return-on-Tangible-Equity is 6.38% 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 V B Desai Financial Services (BOM:511110) Overvalued in 2026?
Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be undervalued.
The current stock price of ₹17.49 is trading 8.2% below its estimated GF Value™ of ₹19.06.
GuruFocus considers V B Desai Financial Services to be Fairly Valued.
Key valuation signals for BOM:511110:
Return-on-Tangible-Equity: 6.38% (69% above median its 10-year median of 3.78)
GF Value™: ₹19.06 vs. price of ₹17.49 (8.2% below fair value)
Industry Position: 1.1% below the Capital Markets median (#382 of 783)
No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
70GF Score
Get the complete analysis for BOM:511110
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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