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Jay Bee LaminationsNSE:JAYBEE +3.63%47 Return-on-Tangible-Equity is 18.44% as of Mar. 2026, which is 20% below its 10-year median of 23.10. GuruFocus rates NSE:JAYBEE with a GF Score™ of 47/100. The stock has 5 warning signs investors should review. Among 2,973 Industrial Products companies, Jay Bee Laminations ranks better than 69.19% 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. Jay Bee Laminations's annualized net income for the quarter that ended in Mar. 2026 was ₹292 Mil. Jay Bee Laminations's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,581 Mil. Therefore, Jay Bee Laminations's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.44%.
The historical rank and industry rank for Jay Bee Laminations's Return-on-Tangible-Equity or its related term are showing as below:
NSE:JAYBEE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.22 Med: 23.1 Max: 37.1
Current: 11.82
During the past 6 years, Jay Bee Laminations's highest Return-on-Tangible-Equity was 37.10%. The lowest was -8.22%. And the median was 23.10%.
NSE:JAYBEE's Return-on-Tangible-Equity is ranked better than 69.19% of 2973
companies
in the Industrial Products industry
Industry Median: 6.76
vs NSE:JAYBEE: 11.82
Jay Bee Laminations (NSE:JAYBEE) 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.
Jay Bee Laminations Return-on-Tangible-Equity Related Terms
Jay Bee Laminations Return-on-Tangible-Equity Historical Data
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The historical data trend for Jay Bee Laminations'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.
Jay Bee Laminations Return-on-Tangible-Equity Chart
NSE:JAYBEE vs CRS, ATI, MLI: Return-on-Tangible-Equity Comparison
For the Metal Fabrication subindustry, Jay Bee Laminations'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.
Jay Bee Laminations Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jay Bee Laminations's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Jay Bee Laminations'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 18.44% mean?
Jay Bee Laminations (NSE:JAYBEE) has a Return-on-Tangible-Equity of 18.44% 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 Jay Bee Laminations and its competitors. This is 20% below median its historical median of 23.10. According to the industry distribution chart, Jay Bee Laminations ranks #916 out of 2973 companies in the Industrial Products industry, placing it in the top 30.8%.
Is Jay Bee Laminations' Return-on-Tangible-Equity too high?
Jay Bee Laminations' current Return-on-Tangible-Equity of 18.44% is 20% below median its 10-year median of 23.10. The Industrial Products industry median Return-on-Tangible-Equity is 6.76. Jay Bee Laminations' value of 18.44% is 172.8% above this industry median. Based on the distribution chart, Jay Bee Laminations ranks #916 out of 2973 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jay Bee Laminations has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Jay Bee Laminations' Return-on-Tangible-Equity compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Jay Bee Laminations ranks #916 out of 2973 companies for Return-on-Tangible-Equity. This puts Jay Bee Laminations in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.76. Jay Bee Laminations' value of 18.44% is 172.8% above this benchmark. While the company's 10-year median is 23.10 vs. the industry median of 6.76, Jay Bee Laminations 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 an Industrial Products company?
The median Return-on-Tangible-Equity among Industrial Products companies is 6.76, based on 2,973 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. Jay Bee Laminations's current Return-on-Tangible-Equity of 18.44% is 172.8% 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 Jay Bee Laminations and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jay Bee Laminations's current Return-on-Tangible-Equity is 18.44%, which is 20% below median its own 10-year median of 23.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jay Bee Laminations stock overvalued right now?
Jay Bee Laminations (NSE:JAYBEE) has a current Return-on-Tangible-Equity of 18.44%. The current Return-on-Tangible-Equity is 18.44%, which is 20% below median its 10-year median of 23.10 and 172.8% above the Industrial Products industry median of 6.76. Jay Bee Laminations' overall GF Score™ is 47/100 with 5 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 Jay Bee Laminations (NSE:JAYBEE), the current Return-on-Tangible-Equity is 18.44% 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.
Jay Bee Laminations Ltd manufactures and supplies products that include electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel for applications in transformers, UPS, and inverters, for end-use in the power industry.
47GF Score
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