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Grover JewellsNSE:GJL -4.38%18 Return-on-Tangible-Equity is 59.21% as of Mar. 2025, which is 38% above its 10-year median of 43.00. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 1,062 Retail - Cyclical companies, Grover Jewells ranks better than 89.92% 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. Grover Jewells's annualized net income for the quarter that ended in Mar. 2025 was ₹76 Mil. Grover Jewells's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹129 Mil. Therefore, Grover Jewells's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 59.21%.
The historical rank and industry rank for Grover Jewells's Return-on-Tangible-Equity or its related term are showing as below:
NSE:GJL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 36.2 Med: 43 Max: 59.21
Current: 59.21
During the past 3 years, Grover Jewells's highest Return-on-Tangible-Equity was 59.21%. The lowest was 36.20%. And the median was 43.00%.
NSE:GJL's Return-on-Tangible-Equity is ranked better than 89.92% of 1062
companies
in the Retail - Cyclical industry
Industry Median: 8.455
vs NSE:GJL: 59.21
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.
Grover Jewells Return-on-Tangible-Equity Related Terms
Grover Jewells Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Grover Jewells'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.
Grover Jewells Return-on-Tangible-Equity Chart
Grover Jewells Annual Data
Trend
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
43.00
36.20
59.21
Grover Jewells Semi-Annual Data
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
43.00
36.20
59.21
NSE:GJL vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Grover Jewells'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.
Grover Jewells Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Grover Jewells's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Grover Jewells'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. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 59.21% mean?
Grover Jewells (NSE:GJL) has a Return-on-Tangible-Equity of 59.21% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Grover Jewells and its competitors. This is 38% above median its historical median of 43.00. Over the past decade, Grover Jewells' Return-on-Tangible-Equity has ranged from 36.20 to 59.21. According to the industry distribution chart, Grover Jewells ranks #107 out of 1062 companies in the Retail - Cyclical industry, placing it in the top 10.1%.
Is Grover Jewells' Return-on-Tangible-Equity too high?
Grover Jewells' current Return-on-Tangible-Equity of 59.21% is 38% above median its 10-year median of 43.00. Over the past 10 years, this metric has ranged from a low of 36.20 to a high of 59.21. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. Grover Jewells' value of 59.21% is 600.3% above this industry median. Based on the distribution chart, Grover Jewells ranks #107 out of 1062 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Grover Jewells ranks #107 out of 1062 companies for Return-on-Tangible-Equity. This places Grover Jewells in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.46. Grover Jewells' value of 59.21% is 600.3% above this benchmark. Historically, Grover Jewells' own Return-on-Tangible-Equity has ranged from 36.20 to 59.21 over the past decade. While the company's 10-year median is 43.00 vs. the industry median of 8.46, Grover Jewells 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,062 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. Grover Jewells's current Return-on-Tangible-Equity of 59.21% is 600.3% 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 Grover Jewells and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grover Jewells's current Return-on-Tangible-Equity is 59.21%, which is 38% above median its own 10-year median of 43.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current Return-on-Tangible-Equity of 59.21%. The current Return-on-Tangible-Equity is 59.21%, which is 38% above median its 10-year median of 43.00 and 600.3% above the Retail - Cyclical industry median of 8.46. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current Return-on-Tangible-Equity is 59.21% as of Mar. 2025. 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.
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score
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