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Ceigall IndiaNSE:CEIGALL +0.78%18 Return-on-Tangible-Equity is 23.70% as of Mar. 2026, which is 19% below its 10-year median of 29.19. GuruFocus rates NSE:CEIGALL with a GF Score™ of 18/100. The stock has 7 warning signs investors should review. Among 1,712 Construction companies, Ceigall India ranks better than 71.26% 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. Ceigall India's annualized net income for the quarter that ended in Mar. 2026 was ₹5,064 Mil. Ceigall India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹21,372 Mil. Therefore, Ceigall India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.70%.
The historical rank and industry rank for Ceigall India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:CEIGALL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 15.71 Med: 29.19 Max: 41.35
Current: 15.84
During the past 5 years, Ceigall India's highest Return-on-Tangible-Equity was 41.35%. The lowest was 15.71%. And the median was 29.19%.
NSE:CEIGALL's Return-on-Tangible-Equity is ranked better than 71.26% of 1712
companies
in the Construction industry
Industry Median: 8.22
vs NSE:CEIGALL: 15.84
Ceigall India (NSE:CEIGALL) 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.
Ceigall India Return-on-Tangible-Equity Related Terms
Ceigall India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Ceigall India'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:CEIGALL vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Ceigall India'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.
Ceigall India Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Ceigall India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Ceigall India'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 23.70% mean?
Ceigall India (NSE:CEIGALL) has a Return-on-Tangible-Equity of 23.70% 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 Ceigall India and its competitors. This is 19% below median its historical median of 29.19. Over the past decade, Ceigall India's Return-on-Tangible-Equity has ranged from 15.71 to 41.35. According to the industry distribution chart, Ceigall India ranks #492 out of 1712 companies in the Construction industry, placing it in the top 28.7%.
Is Ceigall India's Return-on-Tangible-Equity too high?
Ceigall India's current Return-on-Tangible-Equity of 23.70% is 19% below median its 10-year median of 29.19. Over the past 10 years, this metric has ranged from a low of 15.71 to a high of 41.35. The Construction industry median Return-on-Tangible-Equity is 8.22. Ceigall India's value of 23.70% is 188.3% above this industry median. Based on the distribution chart, Ceigall India ranks #492 out of 1712 companies in the Construction industry, which is above the industry midpoint. Overall, Ceigall India has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Ceigall India's Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Ceigall India ranks #492 out of 1712 companies for Return-on-Tangible-Equity. This puts Ceigall India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.22. Ceigall India's value of 23.70% is 188.3% above this benchmark. Historically, Ceigall India's own Return-on-Tangible-Equity has ranged from 15.71 to 41.35 over the past decade. While the company's 10-year median is 29.19 vs. the industry median of 8.22, Ceigall India 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 Construction company?
The median Return-on-Tangible-Equity among Construction companies is 8.22, based on 1,712 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. Ceigall India's current Return-on-Tangible-Equity of 23.70% is 188.3% 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 Ceigall India and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceigall India's current Return-on-Tangible-Equity is 23.70%, which is 19% below median its own 10-year median of 29.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceigall India stock overvalued right now?
Ceigall India (NSE:CEIGALL) has a current Return-on-Tangible-Equity of 23.70%. The current Return-on-Tangible-Equity is 23.70%, which is 19% below median its 10-year median of 29.19 and 188.3% above the Construction industry median of 8.22. Ceigall India's overall GF Score™ is 18/100 with 7 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 Ceigall India (NSE:CEIGALL), the current Return-on-Tangible-Equity is 23.70% 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.
Ceigall India Ltd is a construction Company providing Engineering, Procurement, and Construction (EPC) service. It has experience in undertaking specialized structural work such as elevated roads, flyovers, bridges, railway overbridges, tunnels, highways, expressways, and runways. The group also engaged in the services of the Hybrid Annuity Model (HAM) and Operation and Maintenance (O&M) through its subsidiary. It operates in the segment of civil construction.
18GF Score
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