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The historical rank and industry rank for Standard Shoe Sole and Mould (India)'s Return-on-Tangible-Equity or its related term are showing as below:
BOM:523351's Return-on-Tangible-Equity is not ranked *
in the Chemicals industry.
Industry Median: 6.02 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Standard Shoe Sole and Mould (India) (BOM:523351) 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.
Standard Shoe Sole and Mould (India) Return-on-Tangible-Equity Related Terms
Standard Shoe Sole and Mould (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.
Standard Shoe Sole and Mould (India) Return-on-Tangible-Equity Chart
BOM:523351 vs DOW: Return-on-Tangible-Equity Comparison
For the Chemicals subindustry, Standard Shoe Sole and Mould (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.
Standard Shoe Sole and Mould (India) Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Standard Shoe Sole and Mould (India)'s Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Standard Shoe Sole and Mould (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 0.00% mean?
Standard Shoe Sole and Mould (India) (BOM:523351) has a Return-on-Tangible-Equity of 0.00% 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 Standard Shoe Sole and Mould (India) and its competitors. According to the industry distribution chart, Standard Shoe Sole and Mould (India) ranks #999999 out of 1574 companies in the Chemicals industry.
Is Standard Shoe Sole and Mould (India)'s Return-on-Tangible-Equity too high?
Standard Shoe Sole and Mould (India)'s current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Standard Shoe Sole and Mould (India) ranks #999999 out of 1574 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Standard Shoe Sole and Mould (India) has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Standard Shoe Sole and Mould (India)'s Return-on-Tangible-Equity compare to DOW?
According to the Chemicals industry distribution chart, Standard Shoe Sole and Mould (India) ranks #999999 out of 1574 companies for Return-on-Tangible-Equity. This places Standard Shoe Sole and Mould (India) in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.02. 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 6.02, based on 1,574 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. 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 Standard Shoe Sole and Mould (India) and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 6.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Standard Shoe Sole and Mould (India)'s current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Standard Shoe Sole and Mould (India) stock overvalued right now?
Standard Shoe Sole and Mould (India) (BOM:523351) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Standard Shoe Sole and Mould (India)'s overall GF Score™ is 16/100 with 1 warning sign 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 Standard Shoe Sole and Mould (India) (BOM:523351), the current Return-on-Tangible-Equity is 0.00% 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.
Standard Shoe Sole and Mould (India) Ltd is engaged in the trading in footwear, leatherwear, leather articles, fashion wear, shoe components, synthetic shoes and ladies heels and moulds, and also deals in chemicals.
16GF Score
Get the complete analysis for BOM:523351
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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