Ashoka BuildconBOM:533271 -1.25%80 Return-on-Tangible-Equity is 9.69% as of Mar. 2026, which is 83% below its 10-year median of 56.03. GuruFocus rates BOM:533271 with a GF Score™ of 80/100 and a GF Value™ of ₹150.49 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,704 Construction companies, Ashoka Buildcon ranks better than 91.08% 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. Ashoka Buildcon's annualized net income for the quarter that ended in Mar. 2026 was ₹5,726 Mil. Ashoka Buildcon's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹59,083 Mil. Therefore, Ashoka Buildcon's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.69%.
The historical rank and industry rank for Ashoka Buildcon's Return-on-Tangible-Equity or its related term are showing as below:
BOM:533271'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 56.03 Med: 56.03 Max: 60.62
Current: 60.62
During the past 13 years, Ashoka Buildcon's highest Return-on-Tangible-Equity was 60.62%. The lowest was 56.03%. And the median was 56.03%.
BOM:533271's Return-on-Tangible-Equity is ranked better than 91.08% of 1704
companies
in the Construction industry
Industry Median: 8.245
vs BOM:533271: 60.62
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.
Ashoka Buildcon Return-on-Tangible-Equity Related Terms
Ashoka Buildcon Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ashoka Buildcon'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:533271 vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Ashoka Buildcon'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.
Ashoka Buildcon Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Ashoka Buildcon's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ashoka Buildcon'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 9.69% mean?
Ashoka Buildcon (BOM:533271) has a Return-on-Tangible-Equity of 9.69% 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 Ashoka Buildcon and its competitors. This is 83% below median its historical median of 56.03. Over the past decade, Ashoka Buildcon's Return-on-Tangible-Equity has ranged from 56.03 to 60.62. According to the industry distribution chart, Ashoka Buildcon ranks #152 out of 1704 companies in the Construction industry, placing it in the top 8.9%.
Is Ashoka Buildcon's Return-on-Tangible-Equity too high?
Ashoka Buildcon's current Return-on-Tangible-Equity of 9.69% is 83% below median its 10-year median of 56.03. Over the past 10 years, this metric has ranged from a low of 56.03 to a high of 60.62. The Construction industry median Return-on-Tangible-Equity is 8.25. Ashoka Buildcon's value of 9.69% is 17.5% above this industry median. Based on the distribution chart, Ashoka Buildcon ranks #152 out of 1704 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Ashoka Buildcon has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ashoka Buildcon's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ashoka Buildcon ranks #152 out of 1704 companies for Return-on-Tangible-Equity. This places Ashoka Buildcon in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.25. Ashoka Buildcon's value of 9.69% is 17.5% above this benchmark. Historically, Ashoka Buildcon's own Return-on-Tangible-Equity has ranged from 56.03 to 60.62 over the past decade. While the company's 10-year median is 56.03 vs. the industry median of 8.25, Ashoka Buildcon 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.25, based on 1,704 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. Ashoka Buildcon's current Return-on-Tangible-Equity of 9.69% is 17.5% 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 Ashoka Buildcon and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ashoka Buildcon's current Return-on-Tangible-Equity is 9.69%, which is 83% below median its own 10-year median of 56.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ashoka Buildcon stock overvalued right now?
Based on GuruFocus' analysis, Ashoka Buildcon (BOM:533271) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹150.49, compared to a current price of ₹130.65 — trading 13.2% below its estimated fair value. The current Return-on-Tangible-Equity is 9.69%, which is 83% below median its 10-year median of 56.03 and 17.5% above the Construction industry median of 8.25. Ashoka Buildcon's overall GF Score™ is 80/100 with 7 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 Ashoka Buildcon (BOM:533271), the current Return-on-Tangible-Equity is 9.69% 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 Ashoka Buildcon (BOM:533271) Overvalued in 2026?
Based on GuruFocus' analysis, Ashoka Buildcon stock appears to be undervalued.
The current stock price of ₹130.65 is trading 13.2% below its estimated GF Value™ of ₹150.49.
GuruFocus considers Ashoka Buildcon to be Modestly Undervalued.
Key valuation signals for BOM:533271:
Return-on-Tangible-Equity: 9.69% (83% below median its 10-year median of 56.03)
GF Value™: ₹150.49 vs. price of ₹130.65 (13.2% below fair value)
Industry Position: 17.5% above the Construction median (#152 of 1704)
No single metric tells the full story. See the BOM:533271 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ashoka Buildcon Ltd develops highways and is also active in power transmission and distribution. It operates in three segments: Construction and Contract Related Activities, which includes engineering, procurement, and construction of infrastructure projects; Build, Operate, and Transfer, which involves annuity-based infrastructure development under BOT and annuity models; and Sale of Goods, which mainly consists of the sale of construction materials, including RMC and real estate. The company operates across India, with the majority of its revenue generated from construction and contract-related activities.
80GF Score
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