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PNGS Gargi Fashion JewelleryBOM:543709 +3.02%90 Return-on-Tangible-Equity is 14.53% as of Mar. 2026, which is 58% below its 10-year median of 34.46. GuruFocus rates BOM:543709 with a GF Score™ of 90/100 and a GF Value™ of ₹1,247.64 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,065 Retail - Cyclical companies, PNGS Gargi Fashion Jewellery ranks better than 77.18% 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. PNGS Gargi Fashion Jewellery's annualized net income for the quarter that ended in Mar. 2026 was ₹206 Mil. PNGS Gargi Fashion Jewellery's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,415 Mil. Therefore, PNGS Gargi Fashion Jewellery's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.53%.
The historical rank and industry rank for PNGS Gargi Fashion Jewellery's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543709'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.81 Med: 34.46 Max: 206.1
Current: 25.65
During the past 7 years, PNGS Gargi Fashion Jewellery's highest Return-on-Tangible-Equity was 206.10%. The lowest was -7.81%. And the median was 34.46%.
BOM:543709's Return-on-Tangible-Equity is ranked better than 77.18% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.33
vs BOM:543709: 25.65
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.
PNGS Gargi Fashion Jewellery Return-on-Tangible-Equity Related Terms
PNGS Gargi Fashion Jewellery Return-on-Tangible-Equity Historical Data
* 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.
BOM:543709 vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, PNGS Gargi Fashion Jewellery'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.
PNGS Gargi Fashion Jewellery Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, PNGS Gargi Fashion Jewellery's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where PNGS Gargi Fashion Jewellery'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 14.53% mean?
PNGS Gargi Fashion Jewellery (BOM:543709) has a Return-on-Tangible-Equity of 14.53% 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 PNGS Gargi Fashion Jewellery and its competitors. This is 58% below median its historical median of 34.46. According to the industry distribution chart, PNGS Gargi Fashion Jewellery ranks #243 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 22.8%.
Is PNGS Gargi Fashion Jewellery's Return-on-Tangible-Equity too high?
PNGS Gargi Fashion Jewellery's current Return-on-Tangible-Equity of 14.53% is 58% below median its 10-year median of 34.46. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.33. PNGS Gargi Fashion Jewellery's value of 14.53% is 74.4% above this industry median. Based on the distribution chart, PNGS Gargi Fashion Jewellery ranks #243 out of 1065 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, PNGS Gargi Fashion Jewellery has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PNGS Gargi Fashion Jewellery's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, PNGS Gargi Fashion Jewellery ranks #243 out of 1065 companies for Return-on-Tangible-Equity. This places PNGS Gargi Fashion Jewellery in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.33. PNGS Gargi Fashion Jewellery's value of 14.53% is 74.4% above this benchmark. While the company's 10-year median is 34.46 vs. the industry median of 8.33, PNGS Gargi Fashion Jewellery 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.33, based on 1,065 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. PNGS Gargi Fashion Jewellery's current Return-on-Tangible-Equity of 14.53% is 74.4% 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 PNGS Gargi Fashion Jewellery and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PNGS Gargi Fashion Jewellery's current Return-on-Tangible-Equity is 14.53%, which is 58% below median its own 10-year median of 34.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PNGS Gargi Fashion Jewellery stock overvalued right now?
Based on GuruFocus' analysis, PNGS Gargi Fashion Jewellery (BOM:543709) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,247.64, compared to a current price of ₹632.00 — trading 49.3% below its estimated fair value. The current Return-on-Tangible-Equity is 14.53%, which is 58% below median its 10-year median of 34.46 and 74.4% above the Retail - Cyclical industry median of 8.33. PNGS Gargi Fashion Jewellery's overall GF Score™ is 90/100 with 3 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 PNGS Gargi Fashion Jewellery (BOM:543709), the current Return-on-Tangible-Equity is 14.53% 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.
Is PNGS Gargi Fashion Jewellery (BOM:543709) Overvalued in 2026?
Based on GuruFocus' analysis, PNGS Gargi Fashion Jewellery stock appears to be undervalued.
The current stock price of ₹632.00 is trading 49.3% below its estimated GF Value™ of ₹1,247.64.
GuruFocus considers PNGS Gargi Fashion Jewellery to be Significantly Undervalued.
Key valuation signals for BOM:543709:
Return-on-Tangible-Equity: 14.53% (58% below median its 10-year median of 34.46)
GF Value™: ₹1,247.64 vs. price of ₹632.00 (49.3% below fair value)
Industry Position: 74.4% above the Retail - Cyclical median (#243 of 1065)
No single metric tells the full story. See the BOM:543709 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PNGS Gargi Fashion Jewellery Ltd is engaged in the retail business of costume and fashion jewellery under the brand name Gargi. It mainly deals with sterling silver jewellery and brass jewellery, idols and other silverware and related gift items. The company offers various products, such as weddings and festivals, to daily-wear jewellery for all ages, genders and across various price points. Its product line includes earrings, necklaces, pendants, chains, finger rings, bracelets, anklets, nose pins, mangal sutra, pendant sets, bangles in brass or silver for females of all age groups, as well as male accessories such as rings, cufflinks, button sets and others. Its portfolio offers customers a wide variety of traditional, Indo-Western, and modern designs and jewellery.
90GF Score
Get the complete analysis for BOM:543709
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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