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.
Aritas VinylBOM:544683 -0.37%13 Return-on-Tangible-Equity is 9.90% as of Mar. 2026, which is 62% below its 10-year median of 26.10. GuruFocus rates BOM:544683 with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, Aritas Vinyl ranks better than 52.31% 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. Aritas Vinyl's annualized net income for the quarter that ended in Mar. 2026 was ₹37.3 Mil. Aritas Vinyl's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹377.1 Mil. Therefore, Aritas Vinyl's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.90%.
The historical rank and industry rank for Aritas Vinyl's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544683'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.95 Med: 26.1 Max: 32.42
Current: 4.95
During the past 5 years, Aritas Vinyl's highest Return-on-Tangible-Equity was 32.42%. The lowest was 4.95%. And the median was 26.10%.
BOM:544683's Return-on-Tangible-Equity is ranked better than 52.31% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.41
vs BOM:544683: 4.95
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.
Aritas Vinyl Return-on-Tangible-Equity Related Terms
Aritas Vinyl Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Aritas Vinyl'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.
Aritas Vinyl Return-on-Tangible-Equity Chart
Aritas Vinyl Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
24.82
26.10
32.42
30.99
12.60
Aritas Vinyl Semi-Annual Data
Mar22
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Equity
0.00
0.00
0.00
32.68
9.90
BOM:544683 vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Aritas Vinyl'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.
Aritas Vinyl Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aritas Vinyl's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Aritas Vinyl'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 9.90% mean?
Aritas Vinyl (BOM:544683) has a Return-on-Tangible-Equity of 9.90% 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 Aritas Vinyl and its competitors. This is 62% below median its historical median of 26.10. Over the past decade, Aritas Vinyl's Return-on-Tangible-Equity has ranged from 4.95 to 32.42. According to the industry distribution chart, Aritas Vinyl ranks #485 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 47.7%.
Is Aritas Vinyl's Return-on-Tangible-Equity too high?
Aritas Vinyl's current Return-on-Tangible-Equity of 9.90% is 62% below median its 10-year median of 26.10. Over the past 10 years, this metric has ranged from a low of 4.95 to a high of 32.42. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.41. Aritas Vinyl's value of 9.90% is 124.5% above this industry median. Based on the distribution chart, Aritas Vinyl ranks #485 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Aritas Vinyl has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Aritas Vinyl's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Aritas Vinyl ranks #485 out of 1017 companies for Return-on-Tangible-Equity. This puts Aritas Vinyl in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.41. Aritas Vinyl's value of 9.90% is 124.5% above this benchmark. Historically, Aritas Vinyl's own Return-on-Tangible-Equity has ranged from 4.95 to 32.42 over the past decade. While the company's 10-year median is 26.10 vs. the industry median of 4.41, Aritas Vinyl 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.41, based on 1,017 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. Aritas Vinyl's current Return-on-Tangible-Equity of 9.90% is 124.5% 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 Aritas Vinyl and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aritas Vinyl's current Return-on-Tangible-Equity is 9.90%, which is 62% below median its own 10-year median of 26.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aritas Vinyl stock overvalued right now?
Aritas Vinyl (BOM:544683) has a current Return-on-Tangible-Equity of 9.90%. The current Return-on-Tangible-Equity is 9.90%, which is 62% below median its 10-year median of 26.10 and 124.5% above the Manufacturing - Apparel & Accessories industry median of 4.41. Aritas Vinyl's overall GF Score™ is 13/100 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 Aritas Vinyl (BOM:544683), the current Return-on-Tangible-Equity is 9.90% 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.
Aritas Vinyl Ltd is engaged in the manufacture of artificial leather, including PVC leather cloth, PVC vinyl, soft board, and PVC fabrics produced from PVC materials. These products are supplied for use in a range of applications, including travel goods, personal accessories, toys, stationery items, footwear, apparel, and other related products. The company operates in a single segment i.e. Artificial Leather (PVC Leather Cloth) Manufacturing. Geographically, it exports to various countries including Greece, Oman, UAE, etc. The company derives revenue from the sale of its products, with the majority generated from its sales in the domestic markets.
13GF Score
Get the complete analysis for BOM:544683
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:544683 has been successfully added to your 
