Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Keystone RealtorsBOM:543669 -0.59%69 Return-on-Tangible-Equity is 8.24% as of Mar. 2026, which is 2% above its 10-year median of 8.08. GuruFocus rates BOM:543669 with a GF Score™ of 69/100 and a GF Value™ of ₹813.91 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,716 Real Estate companies, Keystone Realtors ranks worse than 55.83% 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. Keystone Realtors's annualized net income for the quarter that ended in Mar. 2026 was ₹2,097 Mil. Keystone Realtors's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹25,451 Mil. Therefore, Keystone Realtors's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.24%.
The historical rank and industry rank for Keystone Realtors's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543669'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.16 Med: 8.08 Max: 58.76
Current: 3.16
During the past 7 years, Keystone Realtors's highest Return-on-Tangible-Equity was 58.76%. The lowest was 3.16%. And the median was 8.08%.
BOM:543669's Return-on-Tangible-Equity is ranked worse than 55.83% of 1716
companies
in the Real Estate industry
Industry Median: 4.27
vs BOM:543669: 3.16
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.
Keystone Realtors Return-on-Tangible-Equity Related Terms
Keystone Realtors Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Keystone Realtors'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, Keystone Realtors'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.
Keystone Realtors Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Keystone Realtors's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Keystone Realtors'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 8.24% mean?
Keystone Realtors (BOM:543669) has a Return-on-Tangible-Equity of 8.24% 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 Keystone Realtors and its competitors. This is near median its historical median of 8.08. Over the past decade, Keystone Realtors' Return-on-Tangible-Equity has ranged from 3.16 to 58.76. According to the industry distribution chart, Keystone Realtors ranks #958 out of 1716 companies in the Real Estate industry, placing it in the top 55.8%.
Is Keystone Realtors' Return-on-Tangible-Equity too high?
Keystone Realtors' current Return-on-Tangible-Equity of 8.24% is near median its 10-year median of 8.08. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 58.76. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Keystone Realtors' value of 8.24% is 93% above this industry median. Based on the distribution chart, Keystone Realtors ranks #958 out of 1716 companies in the Real Estate industry, which is below the industry midpoint. Overall, Keystone Realtors has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Keystone Realtors' Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Keystone Realtors ranks #958 out of 1716 companies for Return-on-Tangible-Equity. This places Keystone Realtors in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Keystone Realtors' value of 8.24% is 93% above this benchmark. Historically, Keystone Realtors' own Return-on-Tangible-Equity has ranged from 3.16 to 58.76 over the past decade. While the company's 10-year median is 8.08 vs. the industry median of 4.27, Keystone Realtors 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 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. Keystone Realtors's current Return-on-Tangible-Equity of 8.24% is 93% 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 Keystone Realtors 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. Keystone Realtors's current Return-on-Tangible-Equity is 8.24%, which is near median its own 10-year median of 8.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Keystone Realtors stock overvalued right now?
Based on GuruFocus' analysis, Keystone Realtors (BOM:543669) is currently considered Possible Value Trap. The stock's GF Value™ is ₹813.91, compared to a current price of ₹398.15 — trading 51.1% below its estimated fair value. The current Return-on-Tangible-Equity is 8.24%, which is near median its 10-year median of 8.08 and 93% above the Real Estate industry median of 4.27. Keystone Realtors' overall GF Score™ is 69/100 with 6 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 Keystone Realtors (BOM:543669), the current Return-on-Tangible-Equity is 8.24% 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 Keystone Realtors (BOM:543669) Overvalued in 2026?
Based on GuruFocus' analysis, Keystone Realtors stock appears to be undervalued.
The current stock price of ₹398.15 is trading 51.1% below its estimated GF Value™ of ₹813.91.
GuruFocus considers Keystone Realtors to be Possible Value Trap.
Key valuation signals for BOM:543669:
Return-on-Tangible-Equity: 8.24% (near median its 10-year median of 8.08)
GF Value™: ₹813.91 vs. price of ₹398.15 (51.1% below fair value)
Industry Position: 93% above the Real Estate median (#958 of 1716)
No single metric tells the full story. See the BOM:543669 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Keystone Realtors Ltd is a real estate developer. It is engaged in the business of real estate construction, development, and other related activities in India. Its portfolio comprises various projects across integrated townships, gated communities, standalone landmarks, retail spaces, commercial projects, and social infrastructure such as schools, clubhouses, and parks within townships. The company holds completed projects, ongoing projects, and forthcoming projects across the Mumbai Metropolitan Region, including a comprehensive range of projects under the affordable, mid and mass, aspirational, premium, and super premium categories, all under the Rustomjee brand.
69GF Score
Get the complete analysis for BOM:543669
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:543669 has been successfully added to your 
