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Ganga Papers IndiaBOM:531813 -3.03%56 Return-on-Tangible-Equity is 9.48% as of Mar. 2026, which is 29% below its 10-year median of 13.41. GuruFocus rates BOM:531813 with a GF Score™ of 56/100 and a GF Value™ of ₹117.89 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 279 Forest Products companies, Ganga Papers India ranks better than 64.87% 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. Ganga Papers India's annualized net income for the quarter that ended in Mar. 2026 was ₹31 Mil. Ganga Papers India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹323 Mil. Therefore, Ganga Papers India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.48%.
The historical rank and industry rank for Ganga Papers India's Return-on-Tangible-Equity or its related term are showing as below:
BOM:531813'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.08 Med: 13.41 Max: 24.68
Current: 5.09
During the past 13 years, Ganga Papers India's highest Return-on-Tangible-Equity was 24.68%. The lowest was 5.08%. And the median was 13.41%.
BOM:531813's Return-on-Tangible-Equity is ranked better than 64.87% of 279
companies
in the Forest Products industry
Industry Median: 2.2
vs BOM:531813: 5.09
Ganga Papers India (BOM:531813) 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.
Ganga Papers India Return-on-Tangible-Equity Related Terms
Ganga Papers India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ganga Papers 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.
Ganga Papers India Return-on-Tangible-Equity Chart
Ganga Papers India Return-on-Tangible-Equity Competitor Comparison
For the Paper & Paper Products subindustry, Ganga Papers 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.
Ganga Papers India Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Ganga Papers India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ganga Papers 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 9.48% mean?
Ganga Papers India (BOM:531813) has a Return-on-Tangible-Equity of 9.48% 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 Ganga Papers India and its competitors. This is 29% below median its historical median of 13.41. Over the past decade, Ganga Papers India's Return-on-Tangible-Equity has ranged from 5.08 to 24.68. According to the industry distribution chart, Ganga Papers India ranks #98 out of 279 companies in the Forest Products industry, placing it in the top 35.1%.
Is Ganga Papers India's Return-on-Tangible-Equity too high?
Ganga Papers India's current Return-on-Tangible-Equity of 9.48% is 29% below median its 10-year median of 13.41. Over the past 10 years, this metric has ranged from a low of 5.08 to a high of 24.68. The Forest Products industry median Return-on-Tangible-Equity is 2.20. Ganga Papers India's value of 9.48% is 330.9% above this industry median. Based on the distribution chart, Ganga Papers India ranks #98 out of 279 companies in the Forest Products industry, which is above the industry midpoint. Overall, Ganga Papers India has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ganga Papers India's Return-on-Tangible-Equity compare to competitors?
According to the Forest Products industry distribution chart, Ganga Papers India ranks #98 out of 279 companies for Return-on-Tangible-Equity. This puts Ganga Papers India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.20. Ganga Papers India's value of 9.48% is 330.9% above this benchmark. Historically, Ganga Papers India's own Return-on-Tangible-Equity has ranged from 5.08 to 24.68 over the past decade. While the company's 10-year median is 13.41 vs. the industry median of 2.20, Ganga Papers 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 279 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. Ganga Papers India's current Return-on-Tangible-Equity of 9.48% is 330.9% 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 Ganga Papers India and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ganga Papers India's current Return-on-Tangible-Equity is 9.48%, which is 29% below median its own 10-year median of 13.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ganga Papers India stock overvalued right now?
Based on GuruFocus' analysis, Ganga Papers India (BOM:531813) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹117.89, compared to a current price of ₹96.00 — trading 18.6% below its estimated fair value. The current Return-on-Tangible-Equity is 9.48%, which is 29% below median its 10-year median of 13.41 and 330.9% above the Forest Products industry median of 2.20. Ganga Papers India's overall GF Score™ is 56/100 with 5 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 Ganga Papers India (BOM:531813), the current Return-on-Tangible-Equity is 9.48% 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 Ganga Papers India (BOM:531813) Overvalued in 2026?
Based on GuruFocus' analysis, Ganga Papers India stock appears to be undervalued.
The current stock price of ₹96.00 is trading 18.6% below its estimated GF Value™ of ₹117.89.
GuruFocus considers Ganga Papers India to be Modestly Undervalued.
Key valuation signals for BOM:531813:
Return-on-Tangible-Equity: 9.48% (29% below median its 10-year median of 13.41)
GF Value™: ₹117.89 vs. price of ₹96.00 (18.6% below fair value)
Industry Position: 330.9% above the Forest Products median (#98 of 279)
No single metric tells the full story. See the BOM:531813 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ganga Papers India Ltd is an Indian company engaged in the manufacturing and sale of paper and paper products. It produces kraft paper, including fluting paper and test liner kraft, as well as newsprint, writing papers, and packaging paperboard products. The company also provides pulp products derived from recycled grades of waste paper, making its paper production eco-friendly. Its products are used for industrial, packaging, stationery, and textbook applications. Ganga Papers operates manufacturing facilities in Pune, Maharashtra, and its revenue is mainly generated from sales of its diversified paper products.
56GF Score
Get the complete analysis for BOM:531813
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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