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Le Travenues TechnologyNSE:IXIGO -0.89%40 Return-on-Tangible-Equity is 8.31% as of Mar. 2026, which is 68% below its 10-year median of 26.27. GuruFocus rates NSE:IXIGO with a GF Score™ of 40/100. The stock has 2 warning signs investors should review. Among 793 Travel & Leisure companies, Le Travenues Technology ranks better than 54.73% 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. Le Travenues Technology's annualized net income for the quarter that ended in Mar. 2026 was ₹1,279 Mil. Le Travenues Technology's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹15,388 Mil. Therefore, Le Travenues Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.31%.
The historical rank and industry rank for Le Travenues Technology's Return-on-Tangible-Equity or its related term are showing as below:
NSE:IXIGO'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.61 Med: 26.27 Max: 57.14
Current: 9.4
During the past 8 years, Le Travenues Technology's highest Return-on-Tangible-Equity was 57.14%. The lowest was 7.61%. And the median was 26.27%.
NSE:IXIGO's Return-on-Tangible-Equity is ranked better than 54.73% of 793
companies
in the Travel & Leisure industry
Industry Median: 7.69
vs NSE:IXIGO: 9.40
Le Travenues Technology (NSE:IXIGO) 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.
Le Travenues Technology Return-on-Tangible-Equity Related Terms
Le Travenues Technology Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Le Travenues Technology'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.
Le Travenues Technology Return-on-Tangible-Equity Chart
NSE:IXIGO vs BKNG, ABNB, RCL: Return-on-Tangible-Equity Comparison
For the Travel Services subindustry, Le Travenues Technology'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.
Le Travenues Technology Return-on-Tangible-Equity vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Le Travenues Technology's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Le Travenues Technology'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 8.31% mean?
Le Travenues Technology (NSE:IXIGO) has a Return-on-Tangible-Equity of 8.31% 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 Le Travenues Technology and its competitors. This is 68% below median its historical median of 26.27. Over the past decade, Le Travenues Technology's Return-on-Tangible-Equity has ranged from 7.61 to 57.14. According to the industry distribution chart, Le Travenues Technology ranks #359 out of 793 companies in the Travel & Leisure industry, placing it in the top 45.3%.
Is Le Travenues Technology's Return-on-Tangible-Equity too high?
Le Travenues Technology's current Return-on-Tangible-Equity of 8.31% is 68% below median its 10-year median of 26.27. Over the past 10 years, this metric has ranged from a low of 7.61 to a high of 57.14. The Travel & Leisure industry median Return-on-Tangible-Equity is 7.69. Le Travenues Technology's value of 8.31% is 8.1% above this industry median. Based on the distribution chart, Le Travenues Technology ranks #359 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Le Travenues Technology has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Le Travenues Technology's Return-on-Tangible-Equity compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Le Travenues Technology ranks #359 out of 793 companies for Return-on-Tangible-Equity. This puts Le Travenues Technology in the upper half of its industry. The industry median Return-on-Tangible-Equity is 7.69. Le Travenues Technology's value of 8.31% is 8.1% above this benchmark. Historically, Le Travenues Technology's own Return-on-Tangible-Equity has ranged from 7.61 to 57.14 over the past decade. While the company's 10-year median is 26.27 vs. the industry median of 7.69, Le Travenues Technology 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. Le Travenues Technology's current Return-on-Tangible-Equity of 8.31% is 8.1% 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 Le Travenues Technology 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. Le Travenues Technology's current Return-on-Tangible-Equity is 8.31%, which is 68% below median its own 10-year median of 26.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Le Travenues Technology stock overvalued right now?
Le Travenues Technology (NSE:IXIGO) has a current Return-on-Tangible-Equity of 8.31%. The current Return-on-Tangible-Equity is 8.31%, which is 68% below median its 10-year median of 26.27 and 8.1% above the Travel & Leisure industry median of 7.69. Le Travenues Technology's overall GF Score™ is 40/100 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 Le Travenues Technology (NSE:IXIGO), the current Return-on-Tangible-Equity is 8.31% 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.
Le Travenues Technology Ltd is a technology company focused on empowering Indian travelers to plan, book, and manage their trips across rail, air, buses, and hotels. It assists travelers in making smarter travel decisions by leveraging artificial intelligence, machine learning, and data science-led innovations on the OTA platforms, comprising its websites and mobile applications. The company's reportable segments include Flight, Train, Bus, and Other services. Maximum revenue is generated from its Train ticketing services followed by the Flight and other segments. Geographically, it predominantly provides services to customers in India.
40GF Score
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