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The historical rank and industry rank for Ratnaveer Precision Engineering's Return-on-Tangible-Equity or its related term are showing as below:
BOM:543978'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.87 Med: 15.03 Max: 33.66
Current: 13.87
During the past 7 years, Ratnaveer Precision Engineering's highest Return-on-Tangible-Equity was 33.66%. The lowest was 10.87%. And the median was 15.03%.
BOM:543978's Return-on-Tangible-Equity is ranked better than 84.88% of 615
companies
in the Steel industry
Industry Median: 4.23
vs BOM:543978: 13.87
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.
Ratnaveer Precision Engineering Return-on-Tangible-Equity Related Terms
Ratnaveer Precision Engineering 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:543978 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Ratnaveer Precision Engineering'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.
Ratnaveer Precision Engineering Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Ratnaveer Precision Engineering's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ratnaveer Precision Engineering'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 10.91% mean?
Ratnaveer Precision Engineering (BOM:543978) has a Return-on-Tangible-Equity of 10.91% 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 Ratnaveer Precision Engineering and its competitors. This is 27% below median its historical median of 15.03. Over the past decade, Ratnaveer Precision Engineering's Return-on-Tangible-Equity has ranged from 10.87 to 33.66. According to the industry distribution chart, Ratnaveer Precision Engineering ranks #93 out of 615 companies in the Steel industry, placing it in the top 15.1%.
Is Ratnaveer Precision Engineering's Return-on-Tangible-Equity too high?
Ratnaveer Precision Engineering's current Return-on-Tangible-Equity of 10.91% is 27% below median its 10-year median of 15.03. Over the past 10 years, this metric has ranged from a low of 10.87 to a high of 33.66. The Steel industry median Return-on-Tangible-Equity is 4.23. Ratnaveer Precision Engineering's value of 10.91% is 157.9% above this industry median. Based on the distribution chart, Ratnaveer Precision Engineering ranks #93 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Ratnaveer Precision Engineering has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ratnaveer Precision Engineering's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Ratnaveer Precision Engineering ranks #93 out of 615 companies for Return-on-Tangible-Equity. This places Ratnaveer Precision Engineering in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.23. Ratnaveer Precision Engineering's value of 10.91% is 157.9% above this benchmark. Historically, Ratnaveer Precision Engineering's own Return-on-Tangible-Equity has ranged from 10.87 to 33.66 over the past decade. While the company's 10-year median is 15.03 vs. the industry median of 4.23, Ratnaveer Precision Engineering 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.23, based on 615 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. Ratnaveer Precision Engineering's current Return-on-Tangible-Equity of 10.91% is 157.9% 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 Ratnaveer Precision Engineering and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratnaveer Precision Engineering's current Return-on-Tangible-Equity is 10.91%, which is 27% below median its own 10-year median of 15.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnaveer Precision Engineering stock overvalued right now?
Based on GuruFocus' analysis, Ratnaveer Precision Engineering (BOM:543978) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹180.23, compared to a current price of ₹205.85 — trading 14.2% above its estimated fair value. The current Return-on-Tangible-Equity is 10.91%, which is 27% below median its 10-year median of 15.03 and 157.9% above the Steel industry median of 4.23. Ratnaveer Precision Engineering's overall GF Score™ is 67/100 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 Ratnaveer Precision Engineering (BOM:543978), the current Return-on-Tangible-Equity is 10.91% 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.
Is Ratnaveer Precision Engineering (BOM:543978) Overvalued in 2026?
Based on GuruFocus' analysis, Ratnaveer Precision Engineering stock appears to be overvalued.
The current stock price of ₹205.85 is trading 14.2% above its estimated GF Value™ of ₹180.23.
GuruFocus considers Ratnaveer Precision Engineering to be Modestly Overvalued.
Key valuation signals for BOM:543978:
Return-on-Tangible-Equity: 10.91% (27% below median its 10-year median of 15.03)
GF Value™: ₹180.23 vs. price of ₹205.85 (14.2% above fair value)
Industry Position: 157.9% above the Steel median (#93 of 615)
No single metric tells the full story. See the BOM:543978 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ratnaveer Precision Engineering Ltd is a stainless steel (SS) product manufacturer focused on producing finished sheets, washers, solar roofing hooks, pipes and tubes. It manufactures finishing sheets, washers, and solar mounting hooks at Unit I and SS pipes & tubes at Unit II. Unit III and Unit IV are dedicated to the backward integration process where Unit III is the melting unit where the company melts steel scrap and turns it into steel ingots and Unit IV is the rolling unit where flat ingots are further processed to turn them into sheets which are the raw material for washers. Geographically, the company derives a majority of its revenue from its customers within India, and the rest from countries like Germany, Italy, Sweden, Austria, France, and others through exports.
67GF Score
Get the complete analysis for BOM:543978
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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