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Bhandari Hosiery ExportsNSE:BHANDARI -0.68%62 Return-on-Tangible-Equity is 4.11% as of Mar. 2026, which is 45% below its 10-year median of 7.42. GuruFocus rates NSE:BHANDARI with a GF Score™ of 62/100 and a GF Value™ of ₹2.71 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,015 Manufacturing - Apparel & Accessories companies, Bhandari Hosiery Exports ranks better than 51.23% 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. Bhandari Hosiery Exports's annualized net income for the quarter that ended in Mar. 2026 was ₹75 Mil. Bhandari Hosiery Exports's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,833 Mil. Therefore, Bhandari Hosiery Exports's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 4.11%.
The historical rank and industry rank for Bhandari Hosiery Exports's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BHANDARI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.24 Med: 7.42 Max: 8.09
Current: 4.73
During the past 13 years, Bhandari Hosiery Exports's highest Return-on-Tangible-Equity was 8.09%. The lowest was 2.24%. And the median was 7.42%.
NSE:BHANDARI's Return-on-Tangible-Equity is ranked better than 51.23% of 1015
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.43
vs NSE:BHANDARI: 4.73
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.
Bhandari Hosiery Exports Return-on-Tangible-Equity Related Terms
Bhandari Hosiery Exports Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bhandari Hosiery Exports'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:BHANDARI vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, Bhandari Hosiery Exports'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.
Bhandari Hosiery Exports Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Bhandari Hosiery Exports's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bhandari Hosiery Exports'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 4.11% mean?
Bhandari Hosiery Exports (NSE:BHANDARI) has a Return-on-Tangible-Equity of 4.11% 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 Bhandari Hosiery Exports and its competitors. This is 45% below median its historical median of 7.42. Over the past decade, Bhandari Hosiery Exports' Return-on-Tangible-Equity has ranged from 2.24 to 8.09. According to the industry distribution chart, Bhandari Hosiery Exports ranks #495 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 48.8%.
Is Bhandari Hosiery Exports' Return-on-Tangible-Equity too high?
Bhandari Hosiery Exports' current Return-on-Tangible-Equity of 4.11% is 45% below median its 10-year median of 7.42. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 8.09. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.43. Bhandari Hosiery Exports' value of 4.11% is 7.2% below this industry median. Based on the distribution chart, Bhandari Hosiery Exports ranks #495 out of 1015 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Bhandari Hosiery Exports has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bhandari Hosiery Exports' Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Bhandari Hosiery Exports ranks #495 out of 1015 companies for Return-on-Tangible-Equity. This puts Bhandari Hosiery Exports in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.43. Bhandari Hosiery Exports' value of 4.11% is 7.2% below this benchmark. Historically, Bhandari Hosiery Exports' own Return-on-Tangible-Equity has ranged from 2.24 to 8.09 over the past decade. While the company's 10-year median is 7.42 vs. the industry median of 4.43, Bhandari Hosiery Exports has consistently been below 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 4.43, based on 1,015 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. Bhandari Hosiery Exports's current Return-on-Tangible-Equity of 4.11% is 7.2% below 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 Bhandari Hosiery Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhandari Hosiery Exports's current Return-on-Tangible-Equity is 4.11%, which is 45% below median its own 10-year median of 7.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhandari Hosiery Exports stock overvalued right now?
Based on GuruFocus' analysis, Bhandari Hosiery Exports (NSE:BHANDARI) is currently considered Fairly Valued. The stock's GF Value™ is ₹2.71, compared to a current price of ₹2.91 — trading 7.4% above its estimated fair value. The current Return-on-Tangible-Equity is 4.11%, which is 45% below median its 10-year median of 7.42 and 7.2% below the Manufacturing - Apparel & Accessories industry median of 4.43. Bhandari Hosiery Exports' overall GF Score™ is 62/100 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 Bhandari Hosiery Exports (NSE:BHANDARI), the current Return-on-Tangible-Equity is 4.11% 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 Bhandari Hosiery Exports (NSE:BHANDARI) Overvalued in 2026?
Based on GuruFocus' analysis, Bhandari Hosiery Exports stock appears to be overvalued.
The current stock price of ₹2.91 is trading 7.4% above its estimated GF Value™ of ₹2.71.
GuruFocus considers Bhandari Hosiery Exports to be Fairly Valued.
Key valuation signals for NSE:BHANDARI:
Return-on-Tangible-Equity: 4.11% (45% below median its 10-year median of 7.42)
GF Value™: ₹2.71 vs. price of ₹2.91 (7.4% above fair value)
Industry Position: 7.2% below the Manufacturing - Apparel & Accessories median (#495 of 1015)
No single metric tells the full story. See the NSE:BHANDARI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bhandari Hosiery Exports Ltd is an India-based firm. The company is engaged in the manufacturing and distribution of textiles consisting of fabric and garments. It is engaged in dyeing, knitting, and finishing of fabrics. Its product portfolio includes products like T-shirts, pullovers, sweatshirts, bermudas, polo shirts, tracksuits, pajamas, lowers, ladies, and knitted tops with embroidery and prints. The majority of its revenue is earned from the Indian market, while it is also engaged in the export of knitted hosiery garments.
62GF Score
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