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Tourism Finance of IndiaBOM:526650 -2.14%51 Return-on-Tangible-Equity is 18.62% as of Jun. 2026, which is 83% above its 10-year median of 10.16. GuruFocus rates BOM:526650 with a GF Score™ of 51/100 and a GF Value™ of ₹39.86 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 526 Credit Services companies, Tourism Finance of India ranks better than 60.46% 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. Tourism Finance of India's annualized net income for the quarter that ended in Jun. 2026 was ₹2,448 Mil. Tourism Finance of India's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹13,151 Mil. Therefore, Tourism Finance of India's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 18.62%.
The historical rank and industry rank for Tourism Finance of India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:526650'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.65 Med: 10.16 Max: 12.36
Current: 9.79
During the past 13 years, Tourism Finance of India's highest Return-on-Tangible-Equity was 12.36%. The lowest was 8.65%. And the median was 10.16%.
BOM:526650's Return-on-Tangible-Equity is ranked better than 60.46% of 526
companies
in the Credit Services industry
Industry Median: 6.975
vs BOM:526650: 9.79
Tourism Finance of India (BOM:526650) 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.
Tourism Finance of India Return-on-Tangible-Equity Related Terms
Tourism Finance of India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tourism Finance of 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.
Tourism Finance of India Return-on-Tangible-Equity Chart
BOM:526650 vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, Tourism Finance of 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.
Tourism Finance of India Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Tourism Finance of India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tourism Finance of 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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 18.62% mean?
Tourism Finance of India (BOM:526650) has a Return-on-Tangible-Equity of 18.62% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Tourism Finance of India and its competitors. This is 83% above median its historical median of 10.16. Over the past decade, Tourism Finance of India's Return-on-Tangible-Equity has ranged from 8.65 to 12.36. According to the industry distribution chart, Tourism Finance of India ranks #208 out of 526 companies in the Credit Services industry, placing it in the top 39.5%.
Is Tourism Finance of India's Return-on-Tangible-Equity too high?
Tourism Finance of India's current Return-on-Tangible-Equity of 18.62% is 83% above median its 10-year median of 10.16. Over the past 10 years, this metric has ranged from a low of 8.65 to a high of 12.36. The Credit Services industry median Return-on-Tangible-Equity is 6.98. Tourism Finance of India's value of 18.62% is 167% above this industry median. Based on the distribution chart, Tourism Finance of India ranks #208 out of 526 companies in the Credit Services industry, which is above the industry midpoint. Overall, Tourism Finance of India has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tourism Finance of India's Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, Tourism Finance of India ranks #208 out of 526 companies for Return-on-Tangible-Equity. This puts Tourism Finance of India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.98. Tourism Finance of India's value of 18.62% is 167% above this benchmark. Historically, Tourism Finance of India's own Return-on-Tangible-Equity has ranged from 8.65 to 12.36 over the past decade. While the company's 10-year median is 10.16 vs. the industry median of 6.98, Tourism Finance of 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 a Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 6.98, based on 526 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. Tourism Finance of India's current Return-on-Tangible-Equity of 18.62% is 167% 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 Tourism Finance of India and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 6.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tourism Finance of India's current Return-on-Tangible-Equity is 18.62%, which is 83% above median its own 10-year median of 10.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tourism Finance of India stock overvalued right now?
Based on GuruFocus' analysis, Tourism Finance of India (BOM:526650) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹39.86, compared to a current price of ₹83.23 — trading 108.8% above its estimated fair value. The current Return-on-Tangible-Equity is 18.62%, which is 83% above median its 10-year median of 10.16 and 167% above the Credit Services industry median of 6.98. Tourism Finance of India's overall GF Score™ is 51/100 with 11 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 Tourism Finance of India (BOM:526650), the current Return-on-Tangible-Equity is 18.62% as of Jun. 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 Tourism Finance of India (BOM:526650) Overvalued in 2026?
Based on GuruFocus' analysis, Tourism Finance of India stock appears to be overvalued.
The current stock price of ₹83.23 is trading 108.8% above its estimated GF Value™ of ₹39.86.
GuruFocus considers Tourism Finance of India to be Significantly Overvalued.
Key valuation signals for BOM:526650:
Return-on-Tangible-Equity: 18.62% (83% above median its 10-year median of 10.16)
GF Value™: ₹39.86 vs. price of ₹83.23 (108.8% above fair value)
Industry Position: 167% above the Credit Services median (#208 of 526)
No single metric tells the full story. See the BOM:526650 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tourism Finance Corp of India Ltd is engaged in the provision of financial services. It provides financial assistance by way of rupee term loans, subscriptions to equity/debentures, and corporate loans mainly to hotel projects, amusement parks, ropeways, multiplexes, restaurants, and others. The company products and services include tourism project financing, other financings, and tourism advisory services. Its only operating segment being Financing and Investment Activities. Geographically, the company generates majority of revenue from India.
51GF Score
Get the complete analysis for BOM:526650
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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