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The historical rank and industry rank for Dolphin Offshore Enterprises India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:522261'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.66 Med: 9.21 Max: 32.92
Current: 22.16
During the past 13 years, Dolphin Offshore Enterprises India's highest Return-on-Tangible-Equity was 32.92%. The lowest was -4.66%. And the median was 9.21%.
BOM:522261's Return-on-Tangible-Equity is ranked better than 81.55% of 943
companies
in the Oil & Gas industry
Industry Median: 6.76
vs BOM:522261: 22.16
Dolphin Offshore Enterprises India (BOM:522261) 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.
Dolphin Offshore Enterprises India Return-on-Tangible-Equity Related Terms
Dolphin Offshore Enterprises India 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.
Dolphin Offshore Enterprises India Return-on-Tangible-Equity Chart
BOM:522261 vs SLB, BKR, HAL: Return-on-Tangible-Equity Comparison
For the Oil & Gas Equipment & Services subindustry, Dolphin Offshore Enterprises 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.
Dolphin Offshore Enterprises India Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dolphin Offshore Enterprises India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dolphin Offshore Enterprises 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 32.06% mean?
Dolphin Offshore Enterprises India (BOM:522261) has a Return-on-Tangible-Equity of 32.06% 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 Dolphin Offshore Enterprises India and its competitors. This is 248% above median its historical median of 9.21. According to the industry distribution chart, Dolphin Offshore Enterprises India ranks #174 out of 943 companies in the Oil & Gas industry, placing it in the top 18.5%.
Is Dolphin Offshore Enterprises India's Return-on-Tangible-Equity too high?
Dolphin Offshore Enterprises India's current Return-on-Tangible-Equity of 32.06% is 248% above median its 10-year median of 9.21. The Oil & Gas industry median Return-on-Tangible-Equity is 6.76. Dolphin Offshore Enterprises India's value of 32.06% is 374.3% above this industry median. Based on the distribution chart, Dolphin Offshore Enterprises India ranks #174 out of 943 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Dolphin Offshore Enterprises India has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Dolphin Offshore Enterprises India's Return-on-Tangible-Equity compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Dolphin Offshore Enterprises India ranks #174 out of 943 companies for Return-on-Tangible-Equity. This places Dolphin Offshore Enterprises India in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.76. Dolphin Offshore Enterprises India's value of 32.06% is 374.3% above this benchmark. While the company's 10-year median is 9.21 vs. the industry median of 6.76, Dolphin Offshore Enterprises 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 Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.76, based on 943 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. Dolphin Offshore Enterprises India's current Return-on-Tangible-Equity of 32.06% is 374.3% 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 Dolphin Offshore Enterprises India and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dolphin Offshore Enterprises India's current Return-on-Tangible-Equity is 32.06%, which is 248% above median its own 10-year median of 9.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dolphin Offshore Enterprises India stock overvalued right now?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India (BOM:522261) is currently considered Possible Value Trap. The stock's GF Value™ is ₹2,121.92, compared to a current price of ₹377.25 — trading 82.2% below its estimated fair value. The current Return-on-Tangible-Equity is 32.06%, which is 248% above median its 10-year median of 9.21 and 374.3% above the Oil & Gas industry median of 6.76. Dolphin Offshore Enterprises India's overall GF Score™ is 53/100 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 Dolphin Offshore Enterprises India (BOM:522261), the current Return-on-Tangible-Equity is 32.06% 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 Dolphin Offshore Enterprises India (BOM:522261) Overvalued in 2026?
Based on GuruFocus' analysis, Dolphin Offshore Enterprises India stock appears to be undervalued.
The current stock price of ₹377.25 is trading 82.2% below its estimated GF Value™ of ₹2,121.92.
GuruFocus considers Dolphin Offshore Enterprises India to be Possible Value Trap.
Key valuation signals for BOM:522261:
Return-on-Tangible-Equity: 32.06% (248% above median its 10-year median of 9.21)
GF Value™: ₹2,121.92 vs. price of ₹377.25 (82.2% below fair value)
Industry Position: 374.3% above the Oil & Gas median (#174 of 943)
No single metric tells the full story. See the BOM:522261 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dolphin Offshore Enterprises India Business Description
Dolphin Offshore Enterprises India Ltd is a provider of underwater services to the Indian oil and gas industry including underwater diving and engineering, design and engineering, vessel operations and management, rig and ship repairs, marine logistics, and fabrication. It also provides equipments like air compressors, gas compressors, exploration and production equipment, and others. The company operates in the Gulf of Mexico, the Caribbean, Brazil, West Africa, Asia Pacific, Middle East, and domestically.
53GF Score
Get the complete analysis for BOM:522261
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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