Vaibhav Global (BOM:532156) Return-on-Tangible-Equity: 25.34% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:532156 Vaibhav Global Ltd BOM:532156
76 GF Score
Price ₹270.10
GF Value ₹353.02
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Vaibhav Global Return-on-Tangible-Equity?

Vaibhav Global BOM:532156 +1.68% 76 Return-on-Tangible-Equity is 25.34% as of Mar. 2026, which is 9% above its 10-year median of 23.30. GuruFocus rates BOM:532156 with a GF Score™ of 76/100 and a GF Value™ of ₹353.02 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,066 Retail - Cyclical companies, Vaibhav Global ranks better than 73.92% 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. Vaibhav Global's annualized net income for the quarter that ended in Mar. 2026 was ₹3,646 Mil. Vaibhav Global's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹14,385 Mil. Therefore, Vaibhav Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 25.34%.

The historical rank and industry rank for Vaibhav Global's Return-on-Tangible-Equity or its related term are showing as below:

BOM:532156' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.58   Med: 23.3   Max: 34.03
Current: 21.43

During the past 13 years, Vaibhav Global's highest Return-on-Tangible-Equity was 34.03%. The lowest was 10.58%. And the median was 23.30%.

BOM:532156's Return-on-Tangible-Equity is ranked better than
73.92% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 8.275 vs BOM:532156: 21.43

Vaibhav Global  (BOM:532156) 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.


Vaibhav Global Return-on-Tangible-Equity Related Terms


Vaibhav Global Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vaibhav Global'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.

Vaibhav Global Return-on-Tangible-Equity Chart

Vaibhav Global Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.69 10.58 12.69 14.72 21.01

Vaibhav Global Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.45 13.75 15.95 30.12 25.34

BOM:532156 vs TPR: Return-on-Tangible-Equity Comparison

For the Luxury Goods subindustry, Vaibhav Global'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.


Vaibhav Global Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Vaibhav Global's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Vaibhav Global's Return-on-Tangible-Equity falls into.


BOM:532156
76GF Score
Vaibhav Global Ltd BOM:532156
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vaibhav Global Return-on-Tangible-Equity Calculation

Vaibhav Global's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2661.291/( (10946.255+14384.806 )/ 2 )
=2661.291/12665.5305
=21.01 %

Vaibhav Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=3645.592/( (0+14384.806)/ 1 )
=3645.592/14384.806
=25.34 %

* 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 25.34% mean?
Vaibhav Global (BOM:532156) has a Return-on-Tangible-Equity of 25.34% 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 Vaibhav Global and its competitors. This is near median its historical median of 23.30. Over the past decade, Vaibhav Global's Return-on-Tangible-Equity has ranged from 10.58 to 34.03. According to the industry distribution chart, Vaibhav Global ranks #278 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 26.1%.
Is Vaibhav Global's Return-on-Tangible-Equity too high?
Vaibhav Global's current Return-on-Tangible-Equity of 25.34% is near median its 10-year median of 23.30. Over the past 10 years, this metric has ranged from a low of 10.58 to a high of 34.03. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.28. Vaibhav Global's value of 25.34% is 206.2% above this industry median. Based on the distribution chart, Vaibhav Global ranks #278 out of 1066 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Vaibhav Global has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vaibhav Global's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Vaibhav Global ranks #278 out of 1066 companies for Return-on-Tangible-Equity. This puts Vaibhav Global in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.28. Vaibhav Global's value of 25.34% is 206.2% above this benchmark. Historically, Vaibhav Global's own Return-on-Tangible-Equity has ranged from 10.58 to 34.03 over the past decade. While the company's 10-year median is 23.30 vs. the industry median of 8.28, Vaibhav Global 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.28, based on 1,066 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. Vaibhav Global's current Return-on-Tangible-Equity of 25.34% is 206.2% 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 Vaibhav Global and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vaibhav Global's current Return-on-Tangible-Equity is 25.34%, which is near median its own 10-year median of 23.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vaibhav Global stock overvalued right now?
Based on GuruFocus' analysis, Vaibhav Global (BOM:532156) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹353.02, compared to a current price of ₹270.10 — trading 23.5% below its estimated fair value. The current Return-on-Tangible-Equity is 25.34%, which is near median its 10-year median of 23.30 and 206.2% above the Retail - Cyclical industry median of 8.28. Vaibhav Global's overall GF Score™ is 76/100 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 Vaibhav Global (BOM:532156), the current Return-on-Tangible-Equity is 25.34% 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 Vaibhav Global (BOM:532156) Overvalued in 2026?

Based on GuruFocus' analysis, Vaibhav Global stock appears to be undervalued. The current stock price of ₹270.10 is trading 23.5% below its estimated GF Value™ of ₹353.02. GuruFocus considers Vaibhav Global to be Modestly Undervalued.

Key valuation signals for BOM:532156:

  • Return-on-Tangible-Equity: 25.34% (near median its 10-year median of 23.30)
  • GF Value™: ₹353.02 vs. price of ₹270.10 (23.5% below fair value)
  • GF Score™: 76/100 with 5 warning signs
  • Industry Position: 206.2% above the Retail - Cyclical median (#278 of 1066)

No single metric tells the full story. See the BOM:532156 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vaibhav Global Business Description

Other Exchanges VAIBHAVGBL:India
Address E-69, EPIP, Sitapura, Jaipur, RJ, IND, 302022
Vaibhav Global Ltd is engaged in the manufacturing, selling, and exporting of fashion jewelry which includes coloured gemstones, precious stones, and studded jewelry. The company's geographical segments include the United States of America, the United Kingdom, India, Germany, and other countries. It generates a majority of its revenue from the United States of America. The company's only reportable segment is the manufacturing of fashion and lifestyle products.
76GF Score

Get the complete analysis for BOM:532156

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹270.10
Price
₹353.02
GF Value