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Patels Airtemp (India)BOM:517417 -1.01%68 Return-on-Tangible-Equity is 10.00% as of Mar. 2026, which is 13% below its 10-year median of 11.43. GuruFocus rates BOM:517417 with a GF Score™ of 68/100 and a GF Value™ of ₹304.71 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,973 Industrial Products companies, Patels Airtemp (India) ranks worse than 51.53% 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. Patels Airtemp (India)'s annualized net income for the quarter that ended in Mar. 2026 was ₹166 Mil. Patels Airtemp (India)'s average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,661 Mil. Therefore, Patels Airtemp (India)'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 10.00%.
The historical rank and industry rank for Patels Airtemp (India)'s Return-on-Tangible-Equity or its related term are showing as below:
BOM:517417'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 6.35 Med: 11.43 Max: 13.38
Current: 6.37
During the past 13 years, Patels Airtemp (India)'s highest Return-on-Tangible-Equity was 13.38%. The lowest was 6.35%. And the median was 11.43%.
BOM:517417's Return-on-Tangible-Equity is ranked worse than 51.53% of 2973
companies
in the Industrial Products industry
Industry Median: 6.78
vs BOM:517417: 6.37
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.
Patels Airtemp (India) Return-on-Tangible-Equity Related Terms
Patels Airtemp (India) Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Patels Airtemp (India)'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:517417 vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Patels Airtemp (India)'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.
Patels Airtemp (India) Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Patels Airtemp (India)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Patels Airtemp (India)'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 10.00% mean?
Patels Airtemp (India) (BOM:517417) has a Return-on-Tangible-Equity of 10.00% 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 Patels Airtemp (India) and its competitors. This is 13% below median its historical median of 11.43. Over the past decade, Patels Airtemp (India)'s Return-on-Tangible-Equity has ranged from 6.35 to 13.38. According to the industry distribution chart, Patels Airtemp (India) ranks #1532 out of 2973 companies in the Industrial Products industry, placing it in the top 51.5%.
Is Patels Airtemp (India)'s Return-on-Tangible-Equity too high?
Patels Airtemp (India)'s current Return-on-Tangible-Equity of 10.00% is 13% below median its 10-year median of 11.43. Over the past 10 years, this metric has ranged from a low of 6.35 to a high of 13.38. The Industrial Products industry median Return-on-Tangible-Equity is 6.78. Patels Airtemp (India)'s value of 10.00% is 47.5% above this industry median. Based on the distribution chart, Patels Airtemp (India) ranks #1532 out of 2973 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Patels Airtemp (India) has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Patels Airtemp (India)'s Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Patels Airtemp (India) ranks #1532 out of 2973 companies for Return-on-Tangible-Equity. This places Patels Airtemp (India) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.78. Patels Airtemp (India)'s value of 10.00% is 47.5% above this benchmark. Historically, Patels Airtemp (India)'s own Return-on-Tangible-Equity has ranged from 6.35 to 13.38 over the past decade. While the company's 10-year median is 11.43 vs. the industry median of 6.78, Patels Airtemp (India) 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 6.78, 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. Patels Airtemp (India)'s current Return-on-Tangible-Equity of 10.00% is 47.5% 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 Patels Airtemp (India) and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patels Airtemp (India)'s current Return-on-Tangible-Equity is 10.00%, which is 13% below median its own 10-year median of 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patels Airtemp (India) stock overvalued right now?
Based on GuruFocus' analysis, Patels Airtemp (India) (BOM:517417) is currently considered Fairly Valued. The stock's GF Value™ is ₹304.71, compared to a current price of ₹332.90 — trading 9.3% above its estimated fair value. The current Return-on-Tangible-Equity is 10.00%, which is 13% below median its 10-year median of 11.43 and 47.5% above the Industrial Products industry median of 6.78. Patels Airtemp (India)'s overall GF Score™ is 68/100 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 Patels Airtemp (India) (BOM:517417), the current Return-on-Tangible-Equity is 10.00% 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 Patels Airtemp (India) (BOM:517417) Overvalued in 2026?
Based on GuruFocus' analysis, Patels Airtemp (India) stock appears to be overvalued.
The current stock price of ₹332.90 is trading 9.3% above its estimated GF Value™ of ₹304.71.
GuruFocus considers Patels Airtemp (India) to be Fairly Valued.
Key valuation signals for BOM:517417:
Return-on-Tangible-Equity: 10.00% (13% below median its 10-year median of 11.43)
GF Value™: ₹304.71 vs. price of ₹332.90 (9.3% above fair value)
Industry Position: 47.5% above the Industrial Products median (#1532 of 2973)
No single metric tells the full story. See the BOM:517417 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Patels Airtemp (India) Ltd is engaged in the manufacturing and selling of extensive range of Heat Exchangers such as Shell & Tube Type, Finned Tube Type and Air-Cooled Heat Exchangers, Pressure Vessels, Air-conditioning and Refrigeration equipments and Turnkey HVAC Projects in India & marketing of equipment's in and outside India. The products are supplied to Industrial sections like Power Projects, Refineries, Fertilizers, Cements, Petrochemicals, Pharmaceuticals, Textile and Chemical Industries make them a single window option for multiple products. The Company is operating in single segment business namely Engineering. Geographically, it has presenc within India, USA, Canada, Zambia, and Other countries. It generates the majority of its revenue from within Inida.
68GF Score
Get the complete analysis for BOM:517417
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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