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Shankesh JewellersBOM:544882 +1.63%6 Return-on-Tangible-Equity is 0.00% as of Mar. 2026. GuruFocus rates BOM:544882 with a GF Score™ of 6/100. Among 1,058 Retail - Cyclical companies, Shankesh Jewellers ranks worse than 94517.86% 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. Shankesh Jewellers's annualized net income for the quarter that ended in Mar. 2026 was ₹0 Mil. Shankesh Jewellers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,550 Mil. Therefore, Shankesh Jewellers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.00%.
The historical rank and industry rank for Shankesh Jewellers's Return-on-Tangible-Equity or its related term are showing as below:
BOM:544882's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 8.71 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Shankesh Jewellers Return-on-Tangible-Equity Related Terms
Shankesh Jewellers Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Shankesh Jewellers'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.
BOM:544882 vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Shankesh Jewellers'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.
Shankesh Jewellers Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Shankesh Jewellers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shankesh Jewellers'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 0.00% mean?
Shankesh Jewellers (BOM:544882) has a Return-on-Tangible-Equity of 0.00% 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 Shankesh Jewellers and its competitors. According to the industry distribution chart, Shankesh Jewellers ranks #999999 out of 1058 companies in the Retail - Cyclical industry.
Is Shankesh Jewellers' Return-on-Tangible-Equity too high?
Shankesh Jewellers' current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Shankesh Jewellers ranks #999999 out of 1058 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Shankesh Jewellers has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Shankesh Jewellers' Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shankesh Jewellers ranks #999999 out of 1058 companies for Return-on-Tangible-Equity. This places Shankesh Jewellers in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.71. 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 8.71, based on 1,058 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. 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 Shankesh Jewellers and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shankesh Jewellers's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shankesh Jewellers stock overvalued right now?
Shankesh Jewellers (BOM:544882) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Shankesh Jewellers' overall GF Score™ is 6/100. 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 Shankesh Jewellers (BOM:544882), the current Return-on-Tangible-Equity is 0.00% 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.
Shankesh Jewellers Ltd is engaged in the business of hand-crafted gold jewellery and providing customisation services to its clients. It offers 22-karat and 18-karat gold jewellery, including bangles, bridal jewellery, chokers, jhumkas, necklace sets, mangal sutras, rings, and combined jewellery sets. Its products include antique, semi-antique, Calcutta, temple, Gheru polish, and yellow, rhodium, and rose gold jewellery. The company relies on third-party job workers for production and manufacturing and provides customized jewellery based on customer specifications. The majority of the company's revenue is derived from the sale of its jewellery products.
6GF Score
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