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Bansal Wire IndustriesNSE:BANSALWIRE +5.45%42 Return-on-Tangible-Equity is 5.72% as of Jun. 2026, which is 74% below its 10-year median of 22.30. GuruFocus rates NSE:BANSALWIRE with a GF Score™ of 42/100. The stock has 2 warning signs investors should review. Among 615 Steel companies, Bansal Wire Industries ranks better than 79.84% 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. Bansal Wire Industries's annualized net income for the quarter that ended in Jun. 2026 was ₹818 Mil. Bansal Wire Industries's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹14,306 Mil. Therefore, Bansal Wire Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 5.72%.
The historical rank and industry rank for Bansal Wire Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BANSALWIRE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.54 Med: 22.3 Max: 29.92
Current: 10.54
During the past 6 years, Bansal Wire Industries's highest Return-on-Tangible-Equity was 29.92%. The lowest was 10.54%. And the median was 22.30%.
NSE:BANSALWIRE's Return-on-Tangible-Equity is ranked better than 79.84% of 615
companies
in the Steel industry
Industry Median: 4.1
vs NSE:BANSALWIRE: 10.54
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.
Bansal Wire Industries Return-on-Tangible-Equity Related Terms
Bansal Wire Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bansal Wire Industries'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.
NSE:BANSALWIRE vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Bansal Wire Industries'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.
Bansal Wire Industries Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Bansal Wire Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bansal Wire Industries'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.72% mean?
Bansal Wire Industries (NSE:BANSALWIRE) has a Return-on-Tangible-Equity of 5.72% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bansal Wire Industries and its competitors. This is 74% below median its historical median of 22.30. Over the past decade, Bansal Wire Industries' Return-on-Tangible-Equity has ranged from 10.54 to 29.92. According to the industry distribution chart, Bansal Wire Industries ranks #124 out of 615 companies in the Steel industry, placing it in the top 20.2%.
Is Bansal Wire Industries' Return-on-Tangible-Equity too high?
Bansal Wire Industries' current Return-on-Tangible-Equity of 5.72% is 74% below median its 10-year median of 22.30. Over the past 10 years, this metric has ranged from a low of 10.54 to a high of 29.92. The Steel industry median Return-on-Tangible-Equity is 4.10. Bansal Wire Industries' value of 5.72% is 39.5% above this industry median. Based on the distribution chart, Bansal Wire Industries ranks #124 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Bansal Wire Industries has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Bansal Wire Industries' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Bansal Wire Industries ranks #124 out of 615 companies for Return-on-Tangible-Equity. This places Bansal Wire Industries in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.10. Bansal Wire Industries' value of 5.72% is 39.5% above this benchmark. Historically, Bansal Wire Industries' own Return-on-Tangible-Equity has ranged from 10.54 to 29.92 over the past decade. While the company's 10-year median is 22.30 vs. the industry median of 4.10, Bansal Wire Industries 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.10, based on 615 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. Bansal Wire Industries's current Return-on-Tangible-Equity of 5.72% is 39.5% 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 Bansal Wire Industries and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bansal Wire Industries's current Return-on-Tangible-Equity is 5.72%, which is 74% below median its own 10-year median of 22.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bansal Wire Industries stock overvalued right now?
Bansal Wire Industries (NSE:BANSALWIRE) has a current Return-on-Tangible-Equity of 5.72%. The current Return-on-Tangible-Equity is 5.72%, which is 74% below median its 10-year median of 22.30 and 39.5% above the Steel industry median of 4.10. Bansal Wire Industries' overall GF Score™ is 42/100 with 2 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 Bansal Wire Industries (NSE:BANSALWIRE), the current Return-on-Tangible-Equity is 5.72% as of Jun. 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.
Bansal Wire Industries Ltd is a stainless steel wire manufacturing company. Its products include high-carbon steel wire, mild steel wire (low-carbon steel wire), and stainless steel wire. The company has two reporting segments; Manufacturing & Sales and Job Work. Key revenue is generated from the Manufacturing & Sales segment.
42GF Score
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