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Indian Railway Catering And TourismNSE:IRCTC +1.28%92 Return-on-Tangible-Equity is 30.33% as of Mar. 2026, which is 17% below its 10-year median of 36.58. GuruFocus rates NSE:IRCTC with a GF Score™ of 92/100 and a GF Value™ of ₹951.42 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 793 Travel & Leisure companies, Indian Railway Catering And Tourism ranks better than 80.2% on this metric.
The historical rank and industry rank for Indian Railway Catering And Tourism's Return-on-Tangible-Equity or its related term are showing as below:
NSE:IRCTC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 13.56 Med: 36.58 Max: 46.35
Current: 34.19
During the past 10 years, Indian Railway Catering And Tourism's highest Return-on-Tangible-Equity was 46.35%. The lowest was 13.56%. And the median was 36.58%.
NSE:IRCTC's Return-on-Tangible-Equity is ranked better than 80.2% of 793
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs NSE:IRCTC: 34.19
Indian Railway Catering And Tourism (NSE:IRCTC) 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.
Indian Railway Catering And Tourism Return-on-Tangible-Equity Related Terms
Indian Railway Catering And Tourism 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.
Indian Railway Catering And Tourism Return-on-Tangible-Equity Chart
NSE:IRCTC vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison
For the Travel Services subindustry, Indian Railway Catering And Tourism'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.
Indian Railway Catering And Tourism Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Indian Railway Catering And Tourism's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Indian Railway Catering And Tourism'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 30.33% mean?
Indian Railway Catering And Tourism (NSE:IRCTC) has a Return-on-Tangible-Equity of 30.33% 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 Indian Railway Catering And Tourism and its competitors. This is 17% below median its historical median of 36.58. Over the past decade, Indian Railway Catering And Tourism's Return-on-Tangible-Equity has ranged from 13.56 to 46.35. According to the industry distribution chart, Indian Railway Catering And Tourism ranks #157 out of 793 companies in the Travel & Leisure industry, placing it in the top 19.8%.
Is Indian Railway Catering And Tourism's Return-on-Tangible-Equity too high?
Indian Railway Catering And Tourism's current Return-on-Tangible-Equity of 30.33% is 17% below median its 10-year median of 36.58. Over the past 10 years, this metric has ranged from a low of 13.56 to a high of 46.35. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Indian Railway Catering And Tourism's value of 30.33% is 294.4% above this industry median. Based on the distribution chart, Indian Railway Catering And Tourism ranks #157 out of 793 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Indian Railway Catering And Tourism has a GF Score™ of 92/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Railway Catering And Tourism's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Indian Railway Catering And Tourism ranks #157 out of 793 companies for Return-on-Tangible-Equity. This places Indian Railway Catering And Tourism in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.69. Indian Railway Catering And Tourism's value of 30.33% is 294.4% above this benchmark. Historically, Indian Railway Catering And Tourism's own Return-on-Tangible-Equity has ranged from 13.56 to 46.35 over the past decade. While the company's 10-year median is 36.58 vs. the industry median of 7.69, Indian Railway Catering And Tourism 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 Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.69, based on 793 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. Indian Railway Catering And Tourism's current Return-on-Tangible-Equity of 30.33% is 294.4% 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 Indian Railway Catering And Tourism and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indian Railway Catering And Tourism's current Return-on-Tangible-Equity is 30.33%, which is 17% below median its own 10-year median of 36.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Railway Catering And Tourism stock overvalued right now?
Based on GuruFocus' analysis, Indian Railway Catering And Tourism (NSE:IRCTC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹951.42, compared to a current price of ₹503.30 — trading 47.1% below its estimated fair value. The current Return-on-Tangible-Equity is 30.33%, which is 17% below median its 10-year median of 36.58 and 294.4% above the Travel & Leisure industry median of 7.69. Indian Railway Catering And Tourism's overall GF Score™ is 92/100 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 Indian Railway Catering And Tourism (NSE:IRCTC), the current Return-on-Tangible-Equity is 30.33% 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 Indian Railway Catering And Tourism (NSE:IRCTC) Overvalued in 2026?
Based on GuruFocus' analysis, Indian Railway Catering And Tourism stock appears to be undervalued.
The current stock price of ₹503.30 is trading 47.1% below its estimated GF Value™ of ₹951.42.
GuruFocus considers Indian Railway Catering And Tourism to be Significantly Undervalued.
Key valuation signals for NSE:IRCTC:
Return-on-Tangible-Equity: 30.33% (17% below median its 10-year median of 36.58)
GF Value™: ₹951.42 vs. price of ₹503.30 (47.1% below fair value)
Industry Position: 294.4% above the Travel & Leisure median (#157 of 793)
No single metric tells the full story. See the NSE:IRCTC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Indian Railway Catering And Tourism Business Description
Indian Railway Catering And Tourism Corp Ltd is engaged in catering and hospitality services at stations, on trains, and other locations, and to promote domestic and international tourism through the development of budget hotels, special tour packages, information, and commercial publicity and world-wide reservation systems. The company's segments are Catering, Rail Neer, Internet Ticketing, and Tourism & Train Operation. A vast majority of its revenues are derived from the Catering business.
92GF Score
Get the complete analysis for NSE:IRCTC
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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