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Ratnabhumi DevelopersBOM:540796 -2.50%85 Return-on-Tangible-Equity is 2.57% as of Mar. 2026, which is 147% above its 10-year median of 1.04. GuruFocus rates BOM:540796 with a GF Score™ of 85/100 and a GF Value™ of ₹184.26 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,715 Real Estate companies, Ratnabhumi Developers ranks better than 62.62% 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. Ratnabhumi Developers's annualized net income for the quarter that ended in Mar. 2026 was ₹11.3 Mil. Ratnabhumi Developers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹440.1 Mil. Therefore, Ratnabhumi Developers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.57%.
The historical rank and industry rank for Ratnabhumi Developers's Return-on-Tangible-Equity or its related term are showing as below:
BOM:540796'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.49 Med: 1.04 Max: 15.09
Current: 7.37
During the past 13 years, Ratnabhumi Developers's highest Return-on-Tangible-Equity was 15.09%. The lowest was 0.49%. And the median was 1.04%.
BOM:540796's Return-on-Tangible-Equity is ranked better than 62.62% of 1715
companies
in the Real Estate industry
Industry Median: 4.27
vs BOM:540796: 7.37
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.
Ratnabhumi Developers Return-on-Tangible-Equity Related Terms
Ratnabhumi Developers Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ratnabhumi Developers'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 Real Estate - Development subindustry, Ratnabhumi Developers'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.
Ratnabhumi Developers Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ratnabhumi Developers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ratnabhumi Developers'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 2.57% mean?
Ratnabhumi Developers (BOM:540796) has a Return-on-Tangible-Equity of 2.57% 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 Ratnabhumi Developers and its competitors. This is 147% above median its historical median of 1.04. Over the past decade, Ratnabhumi Developers' Return-on-Tangible-Equity has ranged from 0.49 to 15.09. According to the industry distribution chart, Ratnabhumi Developers ranks #641 out of 1715 companies in the Real Estate industry, placing it in the top 37.4%.
Is Ratnabhumi Developers' Return-on-Tangible-Equity too high?
Ratnabhumi Developers' current Return-on-Tangible-Equity of 2.57% is 147% above median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 15.09. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Ratnabhumi Developers' value of 2.57% is 39.8% below this industry median. Based on the distribution chart, Ratnabhumi Developers ranks #641 out of 1715 companies in the Real Estate industry, which is above the industry midpoint. Overall, Ratnabhumi Developers has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ratnabhumi Developers' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Ratnabhumi Developers ranks #641 out of 1715 companies for Return-on-Tangible-Equity. This puts Ratnabhumi Developers in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Ratnabhumi Developers' value of 2.57% is 39.8% below this benchmark. Historically, Ratnabhumi Developers' own Return-on-Tangible-Equity has ranged from 0.49 to 15.09 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 4.27, Ratnabhumi Developers 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 1,715 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. Ratnabhumi Developers's current Return-on-Tangible-Equity of 2.57% is 39.8% 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 Ratnabhumi Developers 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. Ratnabhumi Developers's current Return-on-Tangible-Equity is 2.57%, which is 147% above median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnabhumi Developers stock overvalued right now?
Based on GuruFocus' analysis, Ratnabhumi Developers (BOM:540796) is currently considered Fairly Valued. The stock's GF Value™ is ₹184.26, compared to a current price of ₹183.30 — trading 0.5% below its estimated fair value. The current Return-on-Tangible-Equity is 2.57%, which is 147% above median its 10-year median of 1.04 and 39.8% below the Real Estate industry median of 4.27. Ratnabhumi Developers' overall GF Score™ is 85/100 with 8 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 Ratnabhumi Developers (BOM:540796), the current Return-on-Tangible-Equity is 2.57% 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 Ratnabhumi Developers (BOM:540796) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnabhumi Developers stock appears to be undervalued.
The current stock price of ₹183.30 is trading 0.5% below its estimated GF Value™ of ₹184.26.
GuruFocus considers Ratnabhumi Developers to be Fairly Valued.
Key valuation signals for BOM:540796:
Return-on-Tangible-Equity: 2.57% (147% above median its 10-year median of 1.04)
GF Value™: ₹184.26 vs. price of ₹183.30 (0.5% below fair value)
Industry Position: 39.8% below the Real Estate median (#641 of 1715)
No single metric tells the full story. See the BOM:540796 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratnabhumi Developers Ltd is involved in the business of construction of buildings and other construction-related services, and renting services. It deals with various activities related to real estate development, such as land acquisition, authority liaison, planned development, identification of project types and locations, as well as construction development and maintenance of projects commissioned under residential, commercial, retail, plotting, or industrial segments.
85GF Score
Get the complete analysis for BOM:540796
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