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Thangamayil JewelleryBOM:533158 -5.00%81 Return-on-Tangible-Equity is 24.06% as of Jun. 2026, which is 23% above its 10-year median of 19.56. GuruFocus rates BOM:533158 with a GF Score™ of 81/100 and a GF Value™ of ₹3,813.31 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Thangamayil Jewellery ranks better than 82.16% 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. Thangamayil Jewellery's annualized net income for the quarter that ended in Jun. 2026 was ₹3,404 Mil. Thangamayil Jewellery's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹14,144 Mil. Therefore, Thangamayil Jewellery's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 24.06%.
The historical rank and industry rank for Thangamayil Jewellery's Return-on-Tangible-Equity or its related term are showing as below:
BOM:533158'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.06 Med: 19.56 Max: 33.54
Current: 31.87
During the past 13 years, Thangamayil Jewellery's highest Return-on-Tangible-Equity was 33.54%. The lowest was 10.06%. And the median was 19.56%.
BOM:533158's Return-on-Tangible-Equity is ranked better than 82.16% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.33
vs BOM:533158: 31.87
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.
Thangamayil Jewellery Return-on-Tangible-Equity Related Terms
Thangamayil Jewellery Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Thangamayil Jewellery'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:533158 vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Thangamayil Jewellery'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.
Thangamayil Jewellery Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Thangamayil Jewellery's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Thangamayil Jewellery'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 24.06% mean?
Thangamayil Jewellery (BOM:533158) has a Return-on-Tangible-Equity of 24.06% 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 Thangamayil Jewellery and its competitors. This is 23% above median its historical median of 19.56. Over the past decade, Thangamayil Jewellery's Return-on-Tangible-Equity has ranged from 10.06 to 33.54. According to the industry distribution chart, Thangamayil Jewellery ranks #190 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 17.8%.
Is Thangamayil Jewellery's Return-on-Tangible-Equity too high?
Thangamayil Jewellery's current Return-on-Tangible-Equity of 24.06% is 23% above median its 10-year median of 19.56. Over the past 10 years, this metric has ranged from a low of 10.06 to a high of 33.54. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. Thangamayil Jewellery's value of 24.06% is 188.8% above this industry median. Based on the distribution chart, Thangamayil Jewellery ranks #190 out of 1065 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Thangamayil Jewellery has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thangamayil Jewellery's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Thangamayil Jewellery ranks #190 out of 1065 companies for Return-on-Tangible-Equity. This places Thangamayil Jewellery in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.33. Thangamayil Jewellery's value of 24.06% is 188.8% above this benchmark. Historically, Thangamayil Jewellery's own Return-on-Tangible-Equity has ranged from 10.06 to 33.54 over the past decade. While the company's 10-year median is 19.56 vs. the industry median of 8.33, Thangamayil Jewellery 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 8.33, based on 1,065 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. Thangamayil Jewellery's current Return-on-Tangible-Equity of 24.06% is 188.8% 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 Thangamayil Jewellery and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thangamayil Jewellery's current Return-on-Tangible-Equity is 24.06%, which is 23% above median its own 10-year median of 19.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thangamayil Jewellery stock overvalued right now?
Based on GuruFocus' analysis, Thangamayil Jewellery (BOM:533158) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹3,813.31, compared to a current price of ₹4,723.55 — trading 23.9% above its estimated fair value. The current Return-on-Tangible-Equity is 24.06%, which is 23% above median its 10-year median of 19.56 and 188.8% above the Retail - Cyclical industry median of 8.33. Thangamayil Jewellery's overall GF Score™ is 81/100 with 4 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 Thangamayil Jewellery (BOM:533158), the current Return-on-Tangible-Equity is 24.06% 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 Thangamayil Jewellery (BOM:533158) Overvalued in 2026?
Based on GuruFocus' analysis, Thangamayil Jewellery stock appears to be overvalued.
The current stock price of ₹4,723.55 is trading 23.9% above its estimated GF Value™ of ₹3,813.31.
GuruFocus considers Thangamayil Jewellery to be Modestly Overvalued.
Key valuation signals for BOM:533158:
Return-on-Tangible-Equity: 24.06% (23% above median its 10-year median of 19.56)
GF Value™: ₹3,813.31 vs. price of ₹4,723.55 (23.9% above fair value)
Industry Position: 188.8% above the Retail - Cyclical median (#190 of 1065)
No single metric tells the full story. See the BOM:533158 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thangamayil Jewellery Ltd is mainly involved in the manufacturing and sale of Jewellery and other accessories and products. Its product portfolio comprises bangles, bracelets, rings, coins, articles, earrings, pendants, necklaces, anklets, and chains, among others. Additionally, it also offers various savings schemes to its customers to invest in gold jewellery for the long run. The company is engaged in the business of gold jewellery, diamond and silver articles, which constitutes a single business segment.
81GF Score
Get the complete analysis for BOM:533158
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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