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Parmeshwari Silk MillsBOM:540467 39 Return-on-Tangible-Equity is 15.42% as of Jun. 2026, which is 2% above its 10-year median of 15.07. GuruFocus rates BOM:540467 with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 1,024 Manufacturing - Apparel & Accessories companies, Parmeshwari Silk Mills ranks better than 82.32% 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. Parmeshwari Silk Mills's annualized net income for the quarter that ended in Jun. 2026 was ₹99 Mil. Parmeshwari Silk Mills's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹645 Mil. Therefore, Parmeshwari Silk Mills's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 15.42%.
The historical rank and industry rank for Parmeshwari Silk Mills's Return-on-Tangible-Equity or its related term are showing as below:
BOM:540467'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 5.96 Med: 15.07 Max: 27.49
Current: 16.77
During the past 13 years, Parmeshwari Silk Mills's highest Return-on-Tangible-Equity was 27.49%. The lowest was 5.96%. And the median was 15.07%.
BOM:540467's Return-on-Tangible-Equity is ranked better than 82.32% of 1024
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.955
vs BOM:540467: 16.77
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.
Parmeshwari Silk Mills Return-on-Tangible-Equity Related Terms
Parmeshwari Silk Mills Return-on-Tangible-Equity Historical Data
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The historical data trend for Parmeshwari Silk Mills'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, Parmeshwari Silk Mills'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.
Parmeshwari Silk Mills Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Parmeshwari Silk Mills's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Parmeshwari Silk Mills'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 15.42% mean?
Parmeshwari Silk Mills (BOM:540467) has a Return-on-Tangible-Equity of 15.42% 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 Parmeshwari Silk Mills and its competitors. This is near median its historical median of 15.07. Over the past decade, Parmeshwari Silk Mills' Return-on-Tangible-Equity has ranged from 5.96 to 27.49. According to the industry distribution chart, Parmeshwari Silk Mills ranks #181 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 17.7%.
Is Parmeshwari Silk Mills' Return-on-Tangible-Equity too high?
Parmeshwari Silk Mills' current Return-on-Tangible-Equity of 15.42% is near median its 10-year median of 15.07. Over the past 10 years, this metric has ranged from a low of 5.96 to a high of 27.49. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.96. Parmeshwari Silk Mills' value of 15.42% is 211.2% above this industry median. Based on the distribution chart, Parmeshwari Silk Mills ranks #181 out of 1024 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Parmeshwari Silk Mills has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Parmeshwari Silk Mills' Return-on-Tangible-Equity compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Parmeshwari Silk Mills ranks #181 out of 1024 companies for Return-on-Tangible-Equity. This places Parmeshwari Silk Mills in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.96. Parmeshwari Silk Mills' value of 15.42% is 211.2% above this benchmark. Historically, Parmeshwari Silk Mills' own Return-on-Tangible-Equity has ranged from 5.96 to 27.49 over the past decade. While the company's 10-year median is 15.07 vs. the industry median of 4.96, Parmeshwari Silk Mills 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.96, based on 1,024 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. Parmeshwari Silk Mills's current Return-on-Tangible-Equity of 15.42% is 211.2% 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 Parmeshwari Silk Mills and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parmeshwari Silk Mills's current Return-on-Tangible-Equity is 15.42%, which is near median its own 10-year median of 15.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parmeshwari Silk Mills stock overvalued right now?
Parmeshwari Silk Mills (BOM:540467) has a current Return-on-Tangible-Equity of 15.42%. The current Return-on-Tangible-Equity is 15.42%, which is near median its 10-year median of 15.07 and 211.2% above the Manufacturing - Apparel & Accessories industry median of 4.96. Parmeshwari Silk Mills' overall GF Score™ is 39/100 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 Parmeshwari Silk Mills (BOM:540467), the current Return-on-Tangible-Equity is 15.42% 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.
Parmeshwari Silk Mills Ltd is a textile manufacturing company. The company operates only in one business segment, which is woven cloth. It designs, manufactures, and supplies suiting fabric, shirting fabric, and other fabrics.
39GF Score
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