Gujarat Pipavav PortNSE:GPPL +0.64%93 Return-on-Tangible-Equity is 23.84% as of Mar. 2026, which is 76% above its 10-year median of 13.57. GuruFocus rates NSE:GPPL with a GF Score™ of 93/100 and a GF Value™ of ₹192.44 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 974 Transportation companies, Gujarat Pipavav Port ranks better than 80.7% 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. Gujarat Pipavav Port's annualized net income for the quarter that ended in Mar. 2026 was ₹5,688 Mil. Gujarat Pipavav Port's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹23,858 Mil. Therefore, Gujarat Pipavav Port's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.84%.
The historical rank and industry rank for Gujarat Pipavav Port's Return-on-Tangible-Equity or its related term are showing as below:
NSE:GPPL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.81 Med: 13.57 Max: 21.82
Current: 21.71
During the past 13 years, Gujarat Pipavav Port's highest Return-on-Tangible-Equity was 21.82%. The lowest was 8.81%. And the median was 13.57%.
NSE:GPPL's Return-on-Tangible-Equity is ranked better than 80.7% of 974
companies
in the Transportation industry
Industry Median: 8.985
vs NSE:GPPL: 21.71
Gujarat Pipavav Port (NSE:GPPL) 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.
Gujarat Pipavav Port Return-on-Tangible-Equity Related Terms
Gujarat Pipavav Port Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Gujarat Pipavav Port'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.
Gujarat Pipavav Port Return-on-Tangible-Equity Chart
Gujarat Pipavav Port Return-on-Tangible-Equity Competitor Comparison
For the Marine Shipping subindustry, Gujarat Pipavav Port'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.
Gujarat Pipavav Port Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Gujarat Pipavav Port's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Gujarat Pipavav Port'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 23.84% mean?
Gujarat Pipavav Port (NSE:GPPL) has a Return-on-Tangible-Equity of 23.84% 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 Gujarat Pipavav Port and its competitors. This is 76% above median its historical median of 13.57. Over the past decade, Gujarat Pipavav Port's Return-on-Tangible-Equity has ranged from 8.81 to 21.82. According to the industry distribution chart, Gujarat Pipavav Port ranks #188 out of 974 companies in the Transportation industry, placing it in the top 19.3%.
Is Gujarat Pipavav Port's Return-on-Tangible-Equity too high?
Gujarat Pipavav Port's current Return-on-Tangible-Equity of 23.84% is 76% above median its 10-year median of 13.57. Over the past 10 years, this metric has ranged from a low of 8.81 to a high of 21.82. The Transportation industry median Return-on-Tangible-Equity is 8.99. Gujarat Pipavav Port's value of 23.84% is 165.3% above this industry median. Based on the distribution chart, Gujarat Pipavav Port ranks #188 out of 974 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Pipavav Port has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Pipavav Port's Return-on-Tangible-Equity compare to competitors?
According to the Transportation industry distribution chart, Gujarat Pipavav Port ranks #188 out of 974 companies for Return-on-Tangible-Equity. This places Gujarat Pipavav Port in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.99. Gujarat Pipavav Port's value of 23.84% is 165.3% above this benchmark. Historically, Gujarat Pipavav Port's own Return-on-Tangible-Equity has ranged from 8.81 to 21.82 over the past decade. While the company's 10-year median is 13.57 vs. the industry median of 8.99, Gujarat Pipavav Port 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 8.99, based on 974 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. Gujarat Pipavav Port's current Return-on-Tangible-Equity of 23.84% is 165.3% 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 Gujarat Pipavav Port and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 8.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Pipavav Port's current Return-on-Tangible-Equity is 23.84%, which is 76% above median its own 10-year median of 13.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Pipavav Port stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Pipavav Port (NSE:GPPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹192.44, compared to a current price of ₹154.69 — trading 19.6% below its estimated fair value. The current Return-on-Tangible-Equity is 23.84%, which is 76% above median its 10-year median of 13.57 and 165.3% above the Transportation industry median of 8.99. Gujarat Pipavav Port's overall GF Score™ is 93/100 with 1 warning sign 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 Gujarat Pipavav Port (NSE:GPPL), the current Return-on-Tangible-Equity is 23.84% 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 Gujarat Pipavav Port (NSE:GPPL) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Pipavav Port stock appears to be undervalued.
The current stock price of ₹154.69 is trading 19.6% below its estimated GF Value™ of ₹192.44.
GuruFocus considers Gujarat Pipavav Port to be Modestly Undervalued.
Key valuation signals for NSE:GPPL:
Return-on-Tangible-Equity: 23.84% (76% above median its 10-year median of 13.57)
GF Value™: ₹192.44 vs. price of ₹154.69 (19.6% below fair value)
Industry Position: 165.3% above the Transportation median (#188 of 974)
No single metric tells the full story. See the NSE:GPPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Pipavav Port Ltd is a terminal port operator. The company constructs, maintains, and operates a terminal port at Pipavav in Gujarat, India. The firm's port facilitates imports and exports of dry bulk cargo, namely coal and fertilizer, liquid cargo, including liquid petroleum gas, and roll-on/roll-off cargo, principally passenger vehicles. The company also provides material handling services, cargo storage, and warehousing services. It operates only in one Business Segment, i.e., 'Port Services'. The company generates revenue domestically.
93GF Score
Get the complete analysis for NSE:GPPL
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:GPPL has been successfully added to your 
