Reliance Insurance (DHA:RELIANCINS) Return-on-Tangible-Equity: 0.00% (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

DHA:RELIANCINS Reliance Insurance PLC DHA:RELIANCINS
27 GF Score
Price BDT114.10
! 1 Warning Sign
View Full Analysis

What is Reliance Insurance Return-on-Tangible-Equity?

Reliance Insurance DHA:RELIANCINS -2.23% 27 Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus rates DHA:RELIANCINS with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 496 Insurance companies, Reliance Insurance ranks worse than 201612.7% 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. Reliance Insurance's annualized net income for the quarter that ended in . 20 was BDT Mil. Reliance Insurance's average shareholder tangible equity for the quarter that ended in . 20 was BDT Mil. Therefore, Reliance Insurance's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

The historical rank and industry rank for Reliance Insurance's Return-on-Tangible-Equity or its related term are showing as below:

DHA:RELIANCINS's Return-on-Tangible-Equity is not ranked *
in the Insurance industry.
Industry Median: 13.245
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Reliance Insurance  (DHA:RELIANCINS) 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.


Reliance Insurance Return-on-Tangible-Equity Related Terms


Reliance Insurance Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Reliance Insurance'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.

Reliance Insurance Return-on-Tangible-Equity Chart

Reliance Insurance Annual Data
Trend
Return-on-Tangible-Equity

Reliance Insurance Semi-Annual Data
Return-on-Tangible-Equity

Reliance Insurance Return-on-Tangible-Equity Competitor Comparison

For the Insurance - Diversified subindustry, Reliance Insurance'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.


Reliance Insurance Return-on-Tangible-Equity vs Insurance Industry

For the Insurance industry and Financial Services sector, Reliance Insurance's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Reliance Insurance's Return-on-Tangible-Equity falls into.


DHA:RELIANCINS
27GF Score
Reliance Insurance PLC DHA:RELIANCINS
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Reliance Insurance Return-on-Tangible-Equity Calculation

Reliance Insurance's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Reliance Insurance's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) 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?
Reliance Insurance (DHA:RELIANCINS) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Reliance Insurance and its competitors. According to the industry distribution chart, Reliance Insurance ranks #999999 out of 496 companies in the Insurance industry.
Is Reliance Insurance's Return-on-Tangible-Equity too high?
Reliance Insurance's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Reliance Insurance ranks #999999 out of 496 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Reliance Insurance has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Reliance Insurance's Return-on-Tangible-Equity compare to competitors?
According to the Insurance industry distribution chart, Reliance Insurance ranks #999999 out of 496 companies for Return-on-Tangible-Equity. This places Reliance Insurance in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.25. 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.25, based on 496 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 Reliance Insurance and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance Insurance'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 Reliance Insurance stock overvalued right now?
Reliance Insurance (DHA:RELIANCINS) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Reliance Insurance's overall GF Score™ is 27/100 with 1 warning sign 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 Reliance Insurance (DHA:RELIANCINS), the current Return-on-Tangible-Equity is 0.00% as of . 20. 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.

Reliance Insurance Business Description

Address Plot No 11, Bir Uttam A. K. Khandaker Road, Block C, Floor 9 to 13, Reliance Insurance Tower, Gulshan 1, Dhaka, BGD, 1212
Reliance Insurance PLC operates in the insurance sector. The company provides tailored-made insurance solutions with innovation in product design, delivering attractive returns to its shareholders. The company provides fire insurance, marine cargo insurance, marine hull insurance, motor insurance, health insurance, engineering insurance, overseas travel insurance, and miscellaneous insurance.
27GF Score

Get the complete analysis for DHA:RELIANCINS

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT114.10
Price