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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. Zenotech Laboratories's annualized net income for the quarter that ended in Jun. 2026 was ₹-18.2 Mil. Zenotech Laboratories's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹951.2 Mil. Therefore, Zenotech Laboratories's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was -1.92%.
The historical rank and industry rank for Zenotech Laboratories's Return-on-Tangible-Equity or its related term are showing as below:
BOM:532039'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.73 Med: 7.81 Max: 37.26
Current: -2.63
During the past 13 years, Zenotech Laboratories's highest Return-on-Tangible-Equity was 37.26%. The lowest was -7.73%. And the median was 7.81%.
BOM:532039's Return-on-Tangible-Equity is ranked worse than 74.47% of 901
companies
in the Drug Manufacturers industry
Industry Median: 7.89
vs BOM:532039: -2.63
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.
Zenotech Laboratories Return-on-Tangible-Equity Related Terms
Zenotech Laboratories Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Zenotech Laboratories'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:532039 vs ZTS: Return-on-Tangible-Equity Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Zenotech Laboratories'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.
Zenotech Laboratories Return-on-Tangible-Equity vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Zenotech Laboratories's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Zenotech Laboratories'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 -1.92% mean?
Zenotech Laboratories (BOM:532039) has a Return-on-Tangible-Equity of -1.92% 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 Zenotech Laboratories and its competitors. According to the industry distribution chart, Zenotech Laboratories ranks #671 out of 901 companies in the Drug Manufacturers industry, placing it in the top 74.5%.
Is Zenotech Laboratories' Return-on-Tangible-Equity too high?
Zenotech Laboratories' current Return-on-Tangible-Equity is -1.92%. Based on the distribution chart, Zenotech Laboratories ranks #671 out of 901 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Zenotech Laboratories has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zenotech Laboratories' Return-on-Tangible-Equity compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Zenotech Laboratories ranks #671 out of 901 companies for Return-on-Tangible-Equity. This places Zenotech Laboratories in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.89. 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.89, based on 901 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 Zenotech Laboratories and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenotech Laboratories's current Return-on-Tangible-Equity is -1.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenotech Laboratories stock overvalued right now?
Based on GuruFocus' analysis, Zenotech Laboratories (BOM:532039) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹64.67, compared to a current price of ₹43.86 — trading 32.2% below its estimated fair value. The current Return-on-Tangible-Equity is -1.92%. Zenotech Laboratories' overall GF Score™ is 73/100 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 Zenotech Laboratories (BOM:532039), the current Return-on-Tangible-Equity is -1.92% 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 Zenotech Laboratories (BOM:532039) Overvalued in 2026?
Based on GuruFocus' analysis, Zenotech Laboratories stock appears to be undervalued.
The current stock price of ₹43.86 is trading 32.2% below its estimated GF Value™ of ₹64.67.
GuruFocus considers Zenotech Laboratories to be Significantly Undervalued.
Key valuation signals for BOM:532039:
Return-on-Tangible-Equity: -1.92%
GF Value™: ₹64.67 vs. price of ₹43.86 (32.2% below fair value)
No single metric tells the full story. See the BOM:532039 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Zenotech Laboratories Ltd is an India-based pharmaceutical company. It is a pharmaceutical specialty generic injectables company engaged in the area of manufacturing biotechnology products. The Company's injectables product portfolio serves niche therapy areas like oncology and anesthesiology. It also manufactures products such as granulocyte-colony stimulating factor (GCSF) and Granulocyte-macrophage colony-stimulating factor (GMCSF). The company earns a vast majority of the revenue from the sale of its contract research and manufacturing services.
73GF Score
Get the complete analysis for BOM:532039
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