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. Boss Packaging Solutions's annualized net income for the quarter that ended in Mar. 2024 was ₹10.1 Mil. Boss Packaging Solutions's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹32.7 Mil. Therefore, Boss Packaging Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 30.85%.
The historical rank and industry rank for Boss Packaging Solutions's Return-on-Tangible-Equity or its related term are showing as below:
NSE:BOSS's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 6.72 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Boss Packaging Solutions (NSE:BOSS) 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.
Boss Packaging Solutions Return-on-Tangible-Equity Related Terms
Boss Packaging Solutions Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Boss Packaging Solutions'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.
Boss Packaging Solutions Return-on-Tangible-Equity Chart
Boss Packaging Solutions Annual Data
Trend
Mar22
Mar23
Mar24
Return-on-Tangible-Equity
41.14
66.22
30.85
Boss Packaging Solutions Semi-Annual Data
Mar22
Mar23
Mar24
Return-on-Tangible-Equity
41.14
66.22
30.85
NSE:BOSS vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, Boss Packaging Solutions'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.
Boss Packaging Solutions Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Boss Packaging Solutions's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Boss Packaging Solutions'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 one times the annual (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 30.85% mean?
Boss Packaging Solutions (NSE:BOSS) has a Return-on-Tangible-Equity of 30.85% as of Mar. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Boss Packaging Solutions and its competitors.
Is Boss Packaging Solutions' Return-on-Tangible-Equity too high?
Boss Packaging Solutions' current Return-on-Tangible-Equity is 30.85%. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Boss Packaging Solutions' value of 30.85% is 359.1% above this industry median. Overall, Boss Packaging Solutions has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Boss Packaging Solutions' Return-on-Tangible-Equity compare to GEV and ETN?
Boss Packaging Solutions' Return-on-Tangible-Equity of 30.85% can be compared against companies in the Industrial Products industry. The industry median Return-on-Tangible-Equity is 6.72. Boss Packaging Solutions' value of 30.85% is 359.1% above this benchmark. 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 Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.72, based on 2,971 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. Boss Packaging Solutions's current Return-on-Tangible-Equity of 30.85% is 359.1% 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 Boss Packaging Solutions and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boss Packaging Solutions's current Return-on-Tangible-Equity is 30.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boss Packaging Solutions stock overvalued right now?
Boss Packaging Solutions (NSE:BOSS) has a current Return-on-Tangible-Equity of 30.85%. The current Return-on-Tangible-Equity is 30.85% and 359.1% above the Industrial Products industry median of 6.72. Boss Packaging Solutions' overall GF Score™ is 22/100. 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 Boss Packaging Solutions (NSE:BOSS), the current Return-on-Tangible-Equity is 30.85% as of Mar. 2024. 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.
Boss Packaging Solutions Ltd is a manufacturer, supplier and exporter of diversified packaging machines, self-adhesive sticker labelling machines, conveyors, turn tables, web sealers, electric tunnels, etc. its products find application in various end-use industries including edible oil, lubricants, chemicals, cosmetics, homecare, pharmaceuticals, viscous liquid, juices and dairy, agriculture and pesticides, food and ancillaries, cosmetic and toiletries, and distilleries and breweries.
22GF Score
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