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Giriraj Civil DevelopersNSE:GIRIRAJ -4.96%79 Return-on-Tangible-Equity is 11.95% as of Mar. 2026, which is 13% above its 10-year median of 10.58. GuruFocus rates NSE:GIRIRAJ with a GF Score™ of 79/100 and a GF Value™ of ₹378.90 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,709 Construction companies, Giriraj Civil Developers ranks better than 58.28% 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. Giriraj Civil Developers's annualized net income for the quarter that ended in Mar. 2026 was ₹170 Mil. Giriraj Civil Developers's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,419 Mil. Therefore, Giriraj Civil Developers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 11.95%.
The historical rank and industry rank for Giriraj Civil Developers's Return-on-Tangible-Equity or its related term are showing as below:
NSE:GIRIRAJ'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.01 Med: 10.58 Max: 14.64
Current: 10.91
During the past 13 years, Giriraj Civil Developers's highest Return-on-Tangible-Equity was 14.64%. The lowest was 4.01%. And the median was 10.58%.
NSE:GIRIRAJ's Return-on-Tangible-Equity is ranked better than 58.28% of 1709
companies
in the Construction industry
Industry Median: 8.2
vs NSE:GIRIRAJ: 10.91
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.
Giriraj Civil Developers Return-on-Tangible-Equity Related Terms
Giriraj Civil Developers Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Giriraj Civil Developers'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:GIRIRAJ vs PWR, FIX, EME: Return-on-Tangible-Equity Comparison
For the Engineering & Construction subindustry, Giriraj Civil Developers'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.
Giriraj Civil Developers Return-on-Tangible-Equity vs Construction Industry
For the Construction industry and Industrials sector, Giriraj Civil Developers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Giriraj Civil Developers'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 two times the semi-annual (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 11.95% mean?
Giriraj Civil Developers (NSE:GIRIRAJ) has a Return-on-Tangible-Equity of 11.95% 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 Giriraj Civil Developers and its competitors. This is 13% above median its historical median of 10.58. Over the past decade, Giriraj Civil Developers' Return-on-Tangible-Equity has ranged from 4.01 to 14.64. According to the industry distribution chart, Giriraj Civil Developers ranks #713 out of 1709 companies in the Construction industry, placing it in the top 41.7%.
Is Giriraj Civil Developers' Return-on-Tangible-Equity too high?
Giriraj Civil Developers' current Return-on-Tangible-Equity of 11.95% is 13% above median its 10-year median of 10.58. Over the past 10 years, this metric has ranged from a low of 4.01 to a high of 14.64. The Construction industry median Return-on-Tangible-Equity is 8.20. Giriraj Civil Developers' value of 11.95% is 45.7% above this industry median. Based on the distribution chart, Giriraj Civil Developers ranks #713 out of 1709 companies in the Construction industry, which is above the industry midpoint. Overall, Giriraj Civil Developers has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Giriraj Civil Developers' Return-on-Tangible-Equity compare to PWR and FIX?
According to the Construction industry distribution chart, Giriraj Civil Developers ranks #713 out of 1709 companies for Return-on-Tangible-Equity. This puts Giriraj Civil Developers in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.20. Giriraj Civil Developers' value of 11.95% is 45.7% above this benchmark. Historically, Giriraj Civil Developers' own Return-on-Tangible-Equity has ranged from 4.01 to 14.64 over the past decade. While the company's 10-year median is 10.58 vs. the industry median of 8.20, Giriraj Civil Developers 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 8.20, based on 1,709 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. Giriraj Civil Developers's current Return-on-Tangible-Equity of 11.95% is 45.7% 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 Giriraj Civil Developers and its competitors. For the Construction industry, the median Return-on-Tangible-Equity is 8.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Giriraj Civil Developers's current Return-on-Tangible-Equity is 11.95%, which is 13% above median its own 10-year median of 10.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Giriraj Civil Developers stock overvalued right now?
Based on GuruFocus' analysis, Giriraj Civil Developers (NSE:GIRIRAJ) is currently considered Possible Value Trap. The stock's GF Value™ is ₹378.90, compared to a current price of ₹74.65 — trading 80.3% below its estimated fair value. The current Return-on-Tangible-Equity is 11.95%, which is 13% above median its 10-year median of 10.58 and 45.7% above the Construction industry median of 8.20. Giriraj Civil Developers' overall GF Score™ is 79/100 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 Giriraj Civil Developers (NSE:GIRIRAJ), the current Return-on-Tangible-Equity is 11.95% 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 Giriraj Civil Developers (NSE:GIRIRAJ) Overvalued in 2026?
Based on GuruFocus' analysis, Giriraj Civil Developers stock appears to be undervalued.
The current stock price of ₹74.65 is trading 80.3% below its estimated GF Value™ of ₹378.90.
GuruFocus considers Giriraj Civil Developers to be Possible Value Trap.
Key valuation signals for NSE:GIRIRAJ:
Return-on-Tangible-Equity: 11.95% (13% above median its 10-year median of 10.58)
GF Value™: ₹378.90 vs. price of ₹74.65 (80.3% below fair value)
Industry Position: 45.7% above the Construction median (#713 of 1709)
No single metric tells the full story. See the NSE:GIRIRAJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Giriraj Civil Developers Ltd is an Indian company that provides infrastructure and construction services. It executes contract work for government, semi-government, corporate, and private organizations. The services offered by the group are for RCC roads, Bridges, foot-over bridges, Buildings, Earthworks, Road over bridges, and Other civil engineering works. The company has one segment: civil contractors.
79GF Score
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