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General Insurance of IndiaNSE:GICRE +0.48%72 Return-on-Tangible-Equity is 14.37% as of Mar. 2026, which is 26% above its 10-year median of 11.37. GuruFocus rates NSE:GICRE with a GF Score™ of 72/100 and a GF Value™ of ₹430.02 (Modestly Undervalued). Among 499 Insurance companies, General Insurance of India ranks better than 53.51% 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. General Insurance of India's annualized net income for the quarter that ended in Mar. 2026 was ₹101,304 Mil. General Insurance of India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹705,088 Mil. Therefore, General Insurance of India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.37%.
The historical rank and industry rank for General Insurance of India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:GICRE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -0.61 Med: 11.37 Max: 17.03
Current: 14.36
During the past 13 years, General Insurance of India's highest Return-on-Tangible-Equity was 17.03%. The lowest was -0.61%. And the median was 11.37%.
NSE:GICRE's Return-on-Tangible-Equity is ranked better than 53.51% of 499
companies
in the Insurance industry
Industry Median: 13.51
vs NSE:GICRE: 14.36
General Insurance of India (NSE:GICRE) 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.
General Insurance of India Return-on-Tangible-Equity Related Terms
General Insurance of India Return-on-Tangible-Equity Historical Data
* 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.
General Insurance of India Return-on-Tangible-Equity Chart
NSE:GICRE vs RGA, EG, RNR: Return-on-Tangible-Equity Comparison
For the Insurance - Reinsurance subindustry, General Insurance of 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.
General Insurance of India Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, General Insurance of India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where General Insurance of 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 14.37% mean?
General Insurance of India (NSE:GICRE) has a Return-on-Tangible-Equity of 14.37% 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 General Insurance of India and its competitors. This is 26% above median its historical median of 11.37. According to the industry distribution chart, General Insurance of India ranks #232 out of 499 companies in the Insurance industry, placing it in the top 46.5%.
Is General Insurance of India's Return-on-Tangible-Equity too high?
General Insurance of India's current Return-on-Tangible-Equity of 14.37% is 26% above median its 10-year median of 11.37. The Insurance industry median Return-on-Tangible-Equity is 13.51. General Insurance of India's value of 14.37% is 6.4% above this industry median. Based on the distribution chart, General Insurance of India ranks #232 out of 499 companies in the Insurance industry, which is above the industry midpoint. Overall, General Insurance of India has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does General Insurance of India's Return-on-Tangible-Equity compare to RGA and EG?
According to the Insurance industry distribution chart, General Insurance of India ranks #232 out of 499 companies for Return-on-Tangible-Equity. This puts General Insurance of India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 13.51. General Insurance of India's value of 14.37% is 6.4% above this benchmark. While the company's 10-year median is 11.37 vs. the industry median of 13.51, General Insurance of 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.51, based on 499 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. General Insurance of India's current Return-on-Tangible-Equity of 14.37% is 6.4% 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 General Insurance of India and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Insurance of India's current Return-on-Tangible-Equity is 14.37%, which is 26% above median its own 10-year median of 11.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Insurance of India stock overvalued right now?
Based on GuruFocus' analysis, General Insurance of India (NSE:GICRE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹430.02, compared to a current price of ₹359.20 — trading 16.5% below its estimated fair value. The current Return-on-Tangible-Equity is 14.37%, which is 26% above median its 10-year median of 11.37 and 6.4% above the Insurance industry median of 13.51. General Insurance of India's overall GF Score™ is 72/100. 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 General Insurance of India (NSE:GICRE), the current Return-on-Tangible-Equity is 14.37% 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 General Insurance of India (NSE:GICRE) Overvalued in 2026?
Based on GuruFocus' analysis, General Insurance of India stock appears to be undervalued.
The current stock price of ₹359.20 is trading 16.5% below its estimated GF Value™ of ₹430.02.
GuruFocus considers General Insurance of India to be Modestly Undervalued.
Key valuation signals for NSE:GICRE:
Return-on-Tangible-Equity: 14.37% (26% above median its 10-year median of 11.37)
GF Value™: ₹430.02 vs. price of ₹359.20 (16.5% below fair value)
Industry Position: 6.4% above the Insurance median (#232 of 499)
No single metric tells the full story. See the NSE:GICRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
General Insurance Corp of India is a reinsurance company. It provides reinsurance for business lines, including fire (property), marine, motor, Personal Accident, engineering, agriculture, aviation/space, health, liability, credit, financial, and life insurance. The group provides services in Domestic and International market.
72GF Score
Get the complete analysis for NSE:GICRE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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