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.
GRE Renew EnertechBOM:544682 -5.00%21 Return-on-Tangible-Equity is 33.39% as of Mar. 2026, which is 30% above its 10-year median of 25.74. GuruFocus rates BOM:544682 with a GF Score™ of 21/100. The stock has 4 warning signs investors should review. Among 985 Semiconductors companies, GRE Renew Enertech ranks better than 89.54% 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. GRE Renew Enertech's annualized net income for the quarter that ended in Mar. 2026 was ₹192 Mil. GRE Renew Enertech's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹574 Mil. Therefore, GRE Renew Enertech's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 33.39%.
The historical rank and industry rank for GRE Renew Enertech's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544682'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.06 Med: 25.74 Max: 61.86
Current: 27.92
During the past 4 years, GRE Renew Enertech's highest Return-on-Tangible-Equity was 61.86%. The lowest was 8.06%. And the median was 25.74%.
BOM:544682's Return-on-Tangible-Equity is ranked better than 89.54% of 985
companies
in the Semiconductors industry
Industry Median: 5.47
vs BOM:544682: 27.92
GRE Renew Enertech (BOM:544682) Return-on-Tangible-Equity Explanation
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.
GRE Renew Enertech Return-on-Tangible-Equity Related Terms
GRE Renew Enertech Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for GRE Renew Enertech'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.
GRE Renew Enertech Return-on-Tangible-Equity Chart
GRE Renew Enertech Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
8.06
61.86
26.95
24.52
GRE Renew Enertech Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Return-on-Tangible-Equity
0.00
0.00
28.01
24.12
33.39
BOM:544682 vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, GRE Renew Enertech'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.
GRE Renew Enertech Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, GRE Renew Enertech's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where GRE Renew Enertech'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 two times the semi-annual (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 33.39% mean?
GRE Renew Enertech (BOM:544682) has a Return-on-Tangible-Equity of 33.39% 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 GRE Renew Enertech and its competitors. This is 30% above median its historical median of 25.74. Over the past decade, GRE Renew Enertech's Return-on-Tangible-Equity has ranged from 8.06 to 61.86. According to the industry distribution chart, GRE Renew Enertech ranks #103 out of 985 companies in the Semiconductors industry, placing it in the top 10.5%.
Is GRE Renew Enertech's Return-on-Tangible-Equity too high?
GRE Renew Enertech's current Return-on-Tangible-Equity of 33.39% is 30% above median its 10-year median of 25.74. Over the past 10 years, this metric has ranged from a low of 8.06 to a high of 61.86. The Semiconductors industry median Return-on-Tangible-Equity is 5.47. GRE Renew Enertech's value of 33.39% is 510.4% above this industry median. Based on the distribution chart, GRE Renew Enertech ranks #103 out of 985 companies in the Semiconductors industry, which is in the top quartile — a strong position relative to peers. Overall, GRE Renew Enertech has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does GRE Renew Enertech's Return-on-Tangible-Equity compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, GRE Renew Enertech ranks #103 out of 985 companies for Return-on-Tangible-Equity. This places GRE Renew Enertech in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.47. GRE Renew Enertech's value of 33.39% is 510.4% above this benchmark. Historically, GRE Renew Enertech's own Return-on-Tangible-Equity has ranged from 8.06 to 61.86 over the past decade. While the company's 10-year median is 25.74 vs. the industry median of 5.47, GRE Renew Enertech 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.47, based on 985 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. GRE Renew Enertech's current Return-on-Tangible-Equity of 33.39% is 510.4% 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 GRE Renew Enertech and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GRE Renew Enertech's current Return-on-Tangible-Equity is 33.39%, which is 30% above median its own 10-year median of 25.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GRE Renew Enertech stock overvalued right now?
GRE Renew Enertech (BOM:544682) has a current Return-on-Tangible-Equity of 33.39%. The current Return-on-Tangible-Equity is 33.39%, which is 30% above median its 10-year median of 25.74 and 510.4% above the Semiconductors industry median of 5.47. GRE Renew Enertech's overall GF Score™ is 21/100 with 4 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 GRE Renew Enertech (BOM:544682), the current Return-on-Tangible-Equity is 33.39% 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.
GRE Renew Enertech Ltd is engaged in the manufacturing of LED products, solar power generation systems, and power products. The Company provides on-site solar energy solutions, including rooftop and ground-mounted installations. It operates in two reportable segments: Capital Expenditure (CAPEX), which includes engineering, procurement, construction, and operation of solar projects, and Renewable Energy Service Company (RESCO), under which the Company finances, owns, and operates solar projects and supplies electricity to users at an agreed tariff over a defined period. The Company generates the majority of its revenue from solar services.
21GF Score
Get the complete analysis for BOM:544682
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:544682 has been successfully added to your 
