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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. Jain Irrigation Systems's annualized net income for the quarter that ended in Mar. 2026 was ₹-480 Mil. Jain Irrigation Systems's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹56,524 Mil. Therefore, Jain Irrigation Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -0.85%.
The historical rank and industry rank for Jain Irrigation Systems's Return-on-Tangible-Equity or its related term are showing as below:
BOM:570004'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.35 Med: 2.73 Max: 21.13
Current: -0.44
During the past 13 years, Jain Irrigation Systems's highest Return-on-Tangible-Equity was 21.13%. The lowest was -23.35%. And the median was 2.73%.
BOM:570004's Return-on-Tangible-Equity is ranked worse than 77.82% of 550
companies
in the Conglomerates industry
Industry Median: 7.465
vs BOM:570004: -0.44
Jain Irrigation Systems (BOM:570004) 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.
Jain Irrigation Systems Return-on-Tangible-Equity Related Terms
Jain Irrigation Systems Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Jain Irrigation Systems'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.
Jain Irrigation Systems Return-on-Tangible-Equity Chart
BOM:570004 vs HON, MMM: Return-on-Tangible-Equity Comparison
For the Conglomerates subindustry, Jain Irrigation Systems'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.
Jain Irrigation Systems Return-on-Tangible-Equity vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Jain Irrigation Systems's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jain Irrigation Systems'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 -0.85% mean?
Jain Irrigation Systems (BOM:570004) has a Return-on-Tangible-Equity of -0.85% 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 Jain Irrigation Systems and its competitors. According to the industry distribution chart, Jain Irrigation Systems ranks #428 out of 550 companies in the Conglomerates industry, placing it in the top 77.8%.
Is Jain Irrigation Systems' Return-on-Tangible-Equity too high?
Jain Irrigation Systems' current Return-on-Tangible-Equity is -0.85%. Based on the distribution chart, Jain Irrigation Systems ranks #428 out of 550 companies in the Conglomerates industry, which is in the bottom quartile relative to peers. Overall, Jain Irrigation Systems has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jain Irrigation Systems' Return-on-Tangible-Equity compare to HON and MMM?
According to the Conglomerates industry distribution chart, Jain Irrigation Systems ranks #428 out of 550 companies for Return-on-Tangible-Equity. This places Jain Irrigation Systems in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.47. 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 Conglomerates company?
The median Return-on-Tangible-Equity among Conglomerates companies is 7.47, based on 550 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 Jain Irrigation Systems and its competitors. For the Conglomerates industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jain Irrigation Systems's current Return-on-Tangible-Equity is -0.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jain Irrigation Systems stock overvalued right now?
Based on GuruFocus' analysis, Jain Irrigation Systems (BOM:570004) is currently considered Possible Value Trap. The stock's GF Value™ is ₹40.63, compared to a current price of ₹21.47 — trading 47.2% below its estimated fair value. The current Return-on-Tangible-Equity is -0.85%. Jain Irrigation Systems' overall GF Score™ is 62/100 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 Jain Irrigation Systems (BOM:570004), the current Return-on-Tangible-Equity is -0.85% 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 Jain Irrigation Systems (BOM:570004) Overvalued in 2026?
Based on GuruFocus' analysis, Jain Irrigation Systems stock appears to be undervalued.
The current stock price of ₹21.47 is trading 47.2% below its estimated GF Value™ of ₹40.63.
GuruFocus considers Jain Irrigation Systems to be Possible Value Trap.
Key valuation signals for BOM:570004:
Return-on-Tangible-Equity: -0.85%
GF Value™: ₹40.63 vs. price of ₹21.47 (47.2% below fair value)
No single metric tells the full story. See the BOM:570004 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jain Irrigation Systems Ltd is engaged in diversified business. The company's operating segment includes Hi-tech Agri Input Products; Plastic; Agro-Processing; and Other Business Division. The Plastic Division segment which includes PVC piping products, PE piping products, Piping projects, and Plastic sheets. The Hi-tech Agri Input Products segment includes Micro and Sprinkler Irrigation, Solar Agri Pump, Integrated Irrigation Projects, and Tissue Culture plants. The Agro Processing Division includes fruits, onion products, and biogas; and the Others include solar thermal products, solar power generation investments, and Agri R&D activities. Geographically, it derives a majority of its revenue from India.
62GF Score
Get the complete analysis for BOM:570004
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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