Byke Hospitality (NSE:BYKE) Return-on-Tangible-Equity: 2.92% (As of Mar. 2026) — 16% Above Median

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.

NSE:BYKE Byke Hospitality Ltd NSE:BYKE
64 GF Score
Price ₹32.44
GF Value ₹63.10
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Byke Hospitality Return-on-Tangible-Equity?

Byke Hospitality NSE:BYKE +0.87% 64 Return-on-Tangible-Equity is 2.92% as of Mar. 2026, which is 16% above its 10-year median of 2.52. GuruFocus rates NSE:BYKE with a GF Score™ of 64/100 and a GF Value™ of ₹63.10 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 792 Travel & Leisure companies, Byke Hospitality ranks worse than 63.51% 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. Byke Hospitality's annualized net income for the quarter that ended in Mar. 2026 was ₹67 Mil. Byke Hospitality's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹2,294 Mil. Therefore, Byke Hospitality's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.92%.

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

NSE:BYKE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.31   Med: 2.52   Max: 23
Current: 2.96

During the past 13 years, Byke Hospitality's highest Return-on-Tangible-Equity was 23.00%. The lowest was -10.31%. And the median was 2.52%.

NSE:BYKE's Return-on-Tangible-Equity is ranked worse than
63.51% of 792 companies
in the Travel & Leisure industry
Industry Median: 7.76 vs NSE:BYKE: 2.96

Byke Hospitality  (NSE:BYKE) 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.


Byke Hospitality Return-on-Tangible-Equity Related Terms


Byke Hospitality Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Byke Hospitality'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.

Byke Hospitality Return-on-Tangible-Equity Chart

Byke Hospitality Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.92 1.45 3.13 2.15 2.95

Byke Hospitality Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 3.82 2.30 2.80 2.92

NSE:BYKE vs MAR, HLT, H: Return-on-Tangible-Equity Comparison

For the Lodging subindustry, Byke Hospitality'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.


Byke Hospitality Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Byke Hospitality's Return-on-Tangible-Equity distribution charts can be found below:

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


NSE:BYKE
64GF Score
Byke Hospitality Ltd NSE:BYKE
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Byke Hospitality Return-on-Tangible-Equity Calculation

Byke Hospitality's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=67.045/( (2246.358+2294.465 )/ 2 )
=67.045/2270.4115
=2.95 %

Byke Hospitality's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=67.06/( (0+2294.465)/ 1 )
=67.06/2294.465
=2.92 %

* 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 2.92% mean?
Byke Hospitality (NSE:BYKE) has a Return-on-Tangible-Equity of 2.92% 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 Byke Hospitality and its competitors. This is 16% above median its historical median of 2.52. According to the industry distribution chart, Byke Hospitality ranks #503 out of 792 companies in the Travel & Leisure industry, placing it in the top 63.5%.
Is Byke Hospitality's Return-on-Tangible-Equity too high?
Byke Hospitality's current Return-on-Tangible-Equity of 2.92% is 16% above median its 10-year median of 2.52. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.76. Byke Hospitality's value of 2.92% is 62.4% below this industry median. Based on the distribution chart, Byke Hospitality ranks #503 out of 792 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Byke Hospitality has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Byke Hospitality's Return-on-Tangible-Equity compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Byke Hospitality ranks #503 out of 792 companies for Return-on-Tangible-Equity. This places Byke Hospitality in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.76. Byke Hospitality's value of 2.92% is 62.4% below this benchmark. While the company's 10-year median is 2.52 vs. the industry median of 7.76, Byke Hospitality 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.76, based on 792 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. Byke Hospitality's current Return-on-Tangible-Equity of 2.92% is 62.4% 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 Byke Hospitality and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Byke Hospitality's current Return-on-Tangible-Equity is 2.92%, which is 16% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byke Hospitality stock overvalued right now?
Based on GuruFocus' analysis, Byke Hospitality (NSE:BYKE) is currently considered Possible Value Trap. The stock's GF Value™ is ₹63.10, compared to a current price of ₹32.44 — trading 48.6% below its estimated fair value. The current Return-on-Tangible-Equity is 2.92%, which is 16% above median its 10-year median of 2.52 and 62.4% below the Travel & Leisure industry median of 7.76. Byke Hospitality's overall GF Score™ is 64/100 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 Byke Hospitality (NSE:BYKE), the current Return-on-Tangible-Equity is 2.92% 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 Byke Hospitality (NSE:BYKE) Overvalued in 2026?

Based on GuruFocus' analysis, Byke Hospitality stock appears to be undervalued. The current stock price of ₹32.44 is trading 48.6% below its estimated GF Value™ of ₹63.10. GuruFocus considers Byke Hospitality to be Possible Value Trap.

Key valuation signals for NSE:BYKE:

  • Return-on-Tangible-Equity: 2.92% (16% above median its 10-year median of 2.52)
  • GF Value™: ₹63.10 vs. price of ₹32.44 (48.6% below fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 62.4% below the Travel & Leisure median (#503 of 792)

No single metric tells the full story. See the NSE:BYKE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Byke Hospitality Business Description

Other Exchanges 531373:India
Address Shree Shakambhari Corporate Park, Plot Number 156-158, Chakravati Ashok Complex, Near Cambridge School, J. B. Nagar, Andheri (East), Sunil Patodia Tower, Mumbai, MH, IND, 400099
Byke Hospitality Ltd is a company operating in the hospitality sector. Its hotels and resorts include The Byke Nature Vilas, The Byke Heritage Resort, The Byke Delotel, The Byke Studio Apartment, The Byke Sai Cottage, and Others. It has only one business, which is hoteliering. Its operations are undertaken only in India.
64GF Score

Get the complete analysis for NSE:BYKE

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

₹32.44
Price
₹63.10
GF Value