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Ghushine Fintrrade OceanBOM:539864 46 Return-on-Tangible-Equity is 0.53% as of Mar. 2026, which is 657% above its 10-year median of 0.07. GuruFocus rates BOM:539864 with a GF Score™ of 46/100. The stock has 5 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Ghushine Fintrrade Ocean ranks worse than 70.89% 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. Ghushine Fintrrade Ocean's annualized net income for the quarter that ended in Mar. 2026 was ₹0.27 Mil. Ghushine Fintrrade Ocean's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹50.90 Mil. Therefore, Ghushine Fintrrade Ocean's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.53%.
The historical rank and industry rank for Ghushine Fintrrade Ocean's Return-on-Tangible-Equity or its related term are showing as below:
BOM:539864'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.15 Med: 0.07 Max: 1.06
Current: 0.28
During the past 13 years, Ghushine Fintrrade Ocean's highest Return-on-Tangible-Equity was 1.06%. The lowest was -0.15%. And the median was 0.07%.
BOM:539864's Return-on-Tangible-Equity is ranked worse than 70.89% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs BOM:539864: 0.28
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.
Ghushine Fintrrade Ocean Return-on-Tangible-Equity Related Terms
Ghushine Fintrrade Ocean Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ghushine Fintrrade Ocean'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.
For the Textile Manufacturing subindustry, Ghushine Fintrrade Ocean'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.
Ghushine Fintrrade Ocean Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Ghushine Fintrrade Ocean's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ghushine Fintrrade Ocean'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 0.53% mean?
Ghushine Fintrrade Ocean (BOM:539864) has a Return-on-Tangible-Equity of 0.53% 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 Ghushine Fintrrade Ocean and its competitors. This is 657% above median its historical median of 0.07. According to the industry distribution chart, Ghushine Fintrrade Ocean ranks #721 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 70.9%.
Is Ghushine Fintrrade Ocean's Return-on-Tangible-Equity too high?
Ghushine Fintrrade Ocean's current Return-on-Tangible-Equity of 0.53% is 657% above median its 10-year median of 0.07. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Ghushine Fintrrade Ocean's value of 0.53% is 88% below this industry median. Based on the distribution chart, Ghushine Fintrrade Ocean ranks #721 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Ghushine Fintrrade Ocean has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Ghushine Fintrrade Ocean's Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Ghushine Fintrrade Ocean ranks #721 out of 1017 companies for Return-on-Tangible-Equity. This places Ghushine Fintrrade Ocean in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Ghushine Fintrrade Ocean's value of 0.53% is 88% below this benchmark. While the company's 10-year median is 0.07 vs. the industry median of 4.43, Ghushine Fintrrade Ocean 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.43, based on 1,017 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. Ghushine Fintrrade Ocean's current Return-on-Tangible-Equity of 0.53% is 88% 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 Ghushine Fintrrade Ocean and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ghushine Fintrrade Ocean's current Return-on-Tangible-Equity is 0.53%, which is 657% above median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ghushine Fintrrade Ocean stock overvalued right now?
Ghushine Fintrrade Ocean (BOM:539864) has a current Return-on-Tangible-Equity of 0.53%. The current Return-on-Tangible-Equity is 0.53%, which is 657% above median its 10-year median of 0.07 and 88% below the Manufacturing - Apparel & Accessories industry median of 4.43. Ghushine Fintrrade Ocean's overall GF Score™ is 46/100 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 Ghushine Fintrrade Ocean (BOM:539864), the current Return-on-Tangible-Equity is 0.53% 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.
Ghushine Fintrrade Ocean Ltd is an India-based company engaged in the textile business. The principal activities of the company are to carry out the business of dealing in Art Silk Cloth, Embroidery Job Work & manufacturing of knitted fabrics, and cut & polished diamonds.
46GF Score
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