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Jet SolarBOM:538794 -4.91%58 Return-on-Tangible-Equity is 0.15% as of Mar. 2026, which is 83% below its 10-year median of 0.88. GuruFocus rates BOM:538794 with a GF Score™ of 58/100 and a GF Value™ of ₹9.58 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 1,716 Real Estate companies, Jet Solar ranks worse than 70.34% 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. Jet Solar's annualized net income for the quarter that ended in Mar. 2026 was ₹0.32 Mil. Jet Solar's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹207.65 Mil. Therefore, Jet Solar's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.15%.
The historical rank and industry rank for Jet Solar's Return-on-Tangible-Equity or its related term are showing as below:
BOM:538794'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.84 Med: 0.88 Max: 2.14
Current: 0.18
During the past 13 years, Jet Solar's highest Return-on-Tangible-Equity was 2.14%. The lowest was -6.84%. And the median was 0.88%.
BOM:538794's Return-on-Tangible-Equity is ranked worse than 70.34% of 1716
companies
in the Real Estate industry
Industry Median: 4.27
vs BOM:538794: 0.18
Jet Solar (BOM:538794) 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.
Jet Solar Return-on-Tangible-Equity Related Terms
Jet Solar Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jet Solar'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.
Jet Solar Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, Jet Solar'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.
Jet Solar Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Jet Solar's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jet Solar'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 two times the semi-annual (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 0.15% mean?
Jet Solar (BOM:538794) has a Return-on-Tangible-Equity of 0.15% 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 Jet Solar and its competitors. This is 83% below median its historical median of 0.88. According to the industry distribution chart, Jet Solar ranks #1207 out of 1716 companies in the Real Estate industry, placing it in the top 70.3%.
Is Jet Solar's Return-on-Tangible-Equity too high?
Jet Solar's current Return-on-Tangible-Equity of 0.15% is 83% below median its 10-year median of 0.88. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Jet Solar's value of 0.15% is 96.5% below this industry median. Based on the distribution chart, Jet Solar ranks #1207 out of 1716 companies in the Real Estate industry, which is below the industry midpoint. Overall, Jet Solar has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jet Solar's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Jet Solar ranks #1207 out of 1716 companies for Return-on-Tangible-Equity. This places Jet Solar in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Jet Solar's value of 0.15% is 96.5% below this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 4.27, Jet Solar 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,716 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. Jet Solar's current Return-on-Tangible-Equity of 0.15% is 96.5% 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 Jet Solar and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jet Solar's current Return-on-Tangible-Equity is 0.15%, which is 83% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jet Solar stock overvalued right now?
Based on GuruFocus' analysis, Jet Solar (BOM:538794) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹9.58, compared to a current price of ₹7.56 — trading 21.1% below its estimated fair value. The current Return-on-Tangible-Equity is 0.15%, which is 83% below median its 10-year median of 0.88 and 96.5% below the Real Estate industry median of 4.27. Jet Solar's overall GF Score™ is 58/100 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 Jet Solar (BOM:538794), the current Return-on-Tangible-Equity is 0.15% 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 Jet Solar (BOM:538794) Overvalued in 2026?
Based on GuruFocus' analysis, Jet Solar stock appears to be undervalued.
The current stock price of ₹7.56 is trading 21.1% below its estimated GF Value™ of ₹9.58.
GuruFocus considers Jet Solar to be Modestly Undervalued.
Key valuation signals for BOM:538794:
Return-on-Tangible-Equity: 0.15% (83% below median its 10-year median of 0.88)
GF Value™: ₹9.58 vs. price of ₹7.56 (21.1% below fair value)
Industry Position: 96.5% below the Real Estate median (#1207 of 1716)
No single metric tells the full story. See the BOM:538794 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jet Solar Ltd focuses on residential projects in the States of Maharashtra and Gujarat by developing projects featuring apt model of execution. The company develops projects on affordable pricing to its prospective customers, without compromising on quality construction. It constructs properties for residential and commercial purposes.
58GF Score
Get the complete analysis for BOM:538794
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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