Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Rajasthan SecuritiesBOM:526873 +0.02%24 Return-on-Tangible-Equity is 209.20% as of Mar. 2026. GuruFocus rates BOM:526873 with a GF Score™ of 24/100. The stock has 3 warning signs investors should review. Among 497 Utilities - Regulated companies, Rajasthan Securities ranks better than 90.54% 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. Rajasthan Securities's annualized net income for the quarter that ended in Mar. 2026 was ₹2,445.6 Mil. Rajasthan Securities's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,169.0 Mil. Therefore, Rajasthan Securities's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 209.20%.
The historical rank and industry rank for Rajasthan Securities's Return-on-Tangible-Equity or its related term are showing as below:
BOM:526873'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -29.88 Med: -4.36 Max: 106
Current: 105.4
During the past 13 years, Rajasthan Securities's highest Return-on-Tangible-Equity was 106.00%. The lowest was -29.88%. And the median was -4.36%.
BOM:526873's Return-on-Tangible-Equity is ranked better than 90.54% of 497
companies
in the Utilities - Regulated industry
Industry Median: 10.86
vs BOM:526873: 105.40
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.
Rajasthan Securities Return-on-Tangible-Equity Related Terms
Rajasthan Securities Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Rajasthan Securities'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:526873 vs ATO, NI, UGI: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Gas subindustry, Rajasthan Securities'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.
Rajasthan Securities Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rajasthan Securities's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rajasthan Securities'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 209.20% mean?
Rajasthan Securities (BOM:526873) has a Return-on-Tangible-Equity of 209.20% 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 Rajasthan Securities and its competitors. According to the industry distribution chart, Rajasthan Securities ranks #47 out of 497 companies in the Utilities - Regulated industry, placing it in the top 9.5%.
Is Rajasthan Securities' Return-on-Tangible-Equity too high?
Rajasthan Securities' current Return-on-Tangible-Equity is 209.20%. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.86. Rajasthan Securities' value of 209.20% is 1826.3% above this industry median. Based on the distribution chart, Rajasthan Securities ranks #47 out of 497 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Rajasthan Securities has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Rajasthan Securities' Return-on-Tangible-Equity compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Rajasthan Securities ranks #47 out of 497 companies for Return-on-Tangible-Equity. This places Rajasthan Securities in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 10.86. Rajasthan Securities' value of 209.20% is 1826.3% above this benchmark. 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.86, based on 497 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. Rajasthan Securities's current Return-on-Tangible-Equity of 209.20% is 1826.3% 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 Rajasthan Securities and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajasthan Securities's current Return-on-Tangible-Equity is 209.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajasthan Securities stock overvalued right now?
Rajasthan Securities (BOM:526873) has a current Return-on-Tangible-Equity of 209.20%. The current Return-on-Tangible-Equity is 209.20% and 1826.3% above the Utilities - Regulated industry median of 10.86. Rajasthan Securities' overall GF Score™ is 24/100 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 Rajasthan Securities (BOM:526873), the current Return-on-Tangible-Equity is 209.20% 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.
Rajasthan Securities Ltd, formerly Rajasthan Gases Ltd is an Indian firm that operates in the petrochemical sector. The Company Is engaged in the business line of LPG bottling, distribution, and transportation activities. It is operational in one business segment: natural gases and has only one geographical segment: India.
24GF Score
Get the complete analysis for BOM:526873
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:526873 has been successfully added to your 
