HBG Hotels (BOM:537839) Return-on-Tangible-Equity: 1.33% (As of Mar. 2026) — 47% Below Median

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BOM:537839 HBG Hotels Ltd BOM:537839
69 GF Score
Price ₹82.32
GF Value ₹96.87
Valuation Modestly Undervalued
! 7 Warning Signs
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What is HBG Hotels Return-on-Tangible-Equity?

HBG Hotels BOM:537839 +0.75% 69 Return-on-Tangible-Equity is 1.33% as of Mar. 2026, which is 47% below its 10-year median of 2.49. GuruFocus rates BOM:537839 with a GF Score™ of 69/100 and a GF Value™ of ₹96.87 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 795 Travel & Leisure companies, HBG Hotels ranks worse than 70.06% 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. HBG Hotels's annualized net income for the quarter that ended in Mar. 2026 was ₹49.5 Mil. HBG Hotels's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹3,725.5 Mil. Therefore, HBG Hotels's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 1.33%.

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

BOM:537839' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.91   Med: 2.49   Max: 161.76
Current: 0.85

During the past 13 years, HBG Hotels's highest Return-on-Tangible-Equity was 161.76%. The lowest was -7.91%. And the median was 2.49%.

BOM:537839's Return-on-Tangible-Equity is ranked worse than
70.06% of 795 companies
in the Travel & Leisure industry
Industry Median: 7.71 vs BOM:537839: 0.85

HBG Hotels  (BOM:537839) 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.


HBG Hotels Return-on-Tangible-Equity Related Terms


HBG Hotels Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for HBG Hotels'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.

HBG Hotels Return-on-Tangible-Equity Chart

HBG Hotels 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 1.29 2.98 161.76 19.73 0.77

HBG Hotels 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 58.58 0.25 0.95 0.80 1.33

BOM:537839 vs MAR, HLT, H: Return-on-Tangible-Equity Comparison

For the Lodging subindustry, HBG Hotels'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.


HBG Hotels Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, HBG Hotels's Return-on-Tangible-Equity distribution charts can be found below:

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


BOM:537839
69GF Score
HBG Hotels Ltd BOM:537839
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBG Hotels Return-on-Tangible-Equity Calculation

HBG Hotels'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 )
=27.604/( (3489.064+3725.46 )/ 2 )
=27.604/3607.262
=0.77 %

HBG Hotels'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 )
=49.468/( (0+3725.46)/ 1 )
=49.468/3725.46
=1.33 %

* 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 1.33% mean?
HBG Hotels (BOM:537839) has a Return-on-Tangible-Equity of 1.33% 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 HBG Hotels and its competitors. This is 47% below median its historical median of 2.49. According to the industry distribution chart, HBG Hotels ranks #557 out of 795 companies in the Travel & Leisure industry, placing it in the top 70.1%.
Is HBG Hotels' Return-on-Tangible-Equity too high?
HBG Hotels' current Return-on-Tangible-Equity of 1.33% is 47% below median its 10-year median of 2.49. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.71. HBG Hotels' value of 1.33% is 82.7% below this industry median. Based on the distribution chart, HBG Hotels ranks #557 out of 795 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, HBG Hotels has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HBG Hotels' Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, HBG Hotels ranks #557 out of 795 companies for Return-on-Tangible-Equity. This places HBG Hotels in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.71. HBG Hotels' value of 1.33% is 82.7% below this benchmark. While the company's 10-year median is 2.49 vs. the industry median of 7.71, HBG Hotels has consistently been below 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.71, based on 795 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. HBG Hotels's current Return-on-Tangible-Equity of 1.33% is 82.7% below 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 HBG Hotels and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBG Hotels's current Return-on-Tangible-Equity is 1.33%, which is 47% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBG Hotels stock overvalued right now?
Based on GuruFocus' analysis, HBG Hotels (BOM:537839) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹96.87, compared to a current price of ₹82.32 — trading 15% below its estimated fair value. The current Return-on-Tangible-Equity is 1.33%, which is 47% below median its 10-year median of 2.49 and 82.7% below the Travel & Leisure industry median of 7.71. HBG Hotels' overall GF Score™ is 69/100 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 HBG Hotels (BOM:537839), the current Return-on-Tangible-Equity is 1.33% 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 HBG Hotels (BOM:537839) Overvalued in 2026?

Based on GuruFocus' analysis, HBG Hotels stock appears to be undervalued. The current stock price of ₹82.32 is trading 15% below its estimated GF Value™ of ₹96.87. GuruFocus considers HBG Hotels to be Modestly Undervalued.

Key valuation signals for BOM:537839:

  • Return-on-Tangible-Equity: 1.33% (47% below median its 10-year median of 2.49)
  • GF Value™: ₹96.87 vs. price of ₹82.32 (15% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 82.7% below the Travel & Leisure median (#557 of 795)

No single metric tells the full story. See the BOM:537839 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBG Hotels Business Description

Address 14, BEST Marg, Hede House, 2nd Floor, Colaba, Mumbai, MH, IND, 400 001
HBG Hotels Ltd is a hospitality company. It develops and owns hotels and Resorts in association with hotel management chains.
69GF Score

Get the complete analysis for BOM:537839

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

₹82.32
Price
₹96.87
GF Value