JBM AutoNSE:JBMA +2.19%86 Return-on-Tangible-Equity is 23.71% as of Mar. 2026, which is 16% above its 10-year median of 20.40. GuruFocus rates NSE:JBMA with a GF Score™ of 86/100 and a GF Value™ of ₹1,007.13 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,283 Vehicles & Parts companies, JBM Auto ranks better than 82% 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. JBM Auto's annualized net income for the quarter that ended in Mar. 2026 was ₹2,970 Mil. JBM Auto's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹12,525 Mil. Therefore, JBM Auto's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.71%.
The historical rank and industry rank for JBM Auto's Return-on-Tangible-Equity or its related term are showing as below:
NSE:JBMA'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.43 Med: 20.4 Max: 25.96
Current: 18.56
During the past 13 years, JBM Auto's highest Return-on-Tangible-Equity was 25.96%. The lowest was 8.43%. And the median was 20.40%.
NSE:JBMA's Return-on-Tangible-Equity is ranked better than 82% of 1283
companies
in the Vehicles & Parts industry
Industry Median: 7.47
vs NSE:JBMA: 18.56
JBM Auto (NSE:JBMA) 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.
JBM Auto Return-on-Tangible-Equity Related Terms
JBM Auto Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JBM Auto'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.
NSE:JBMA vs ORLY, AZO: Return-on-Tangible-Equity Comparison
For the Auto Parts subindustry, JBM Auto'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.
JBM Auto Return-on-Tangible-Equity vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, JBM Auto's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JBM Auto'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 23.71% mean?
JBM Auto (NSE:JBMA) has a Return-on-Tangible-Equity of 23.71% 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 JBM Auto and its competitors. This is 16% above median its historical median of 20.40. Over the past decade, JBM Auto's Return-on-Tangible-Equity has ranged from 8.43 to 25.96. According to the industry distribution chart, JBM Auto ranks #231 out of 1283 companies in the Vehicles & Parts industry, placing it in the top 18%.
Is JBM Auto's Return-on-Tangible-Equity too high?
JBM Auto's current Return-on-Tangible-Equity of 23.71% is 16% above median its 10-year median of 20.40. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 25.96. The Vehicles & Parts industry median Return-on-Tangible-Equity is 7.47. JBM Auto's value of 23.71% is 217.4% above this industry median. Based on the distribution chart, JBM Auto ranks #231 out of 1283 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, JBM Auto has a GF Score™ of 86/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does JBM Auto's Return-on-Tangible-Equity compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, JBM Auto ranks #231 out of 1283 companies for Return-on-Tangible-Equity. This places JBM Auto in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.47. JBM Auto's value of 23.71% is 217.4% above this benchmark. Historically, JBM Auto's own Return-on-Tangible-Equity has ranged from 8.43 to 25.96 over the past decade. While the company's 10-year median is 20.40 vs. the industry median of 7.47, JBM Auto 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 Vehicles & Parts company?
The median Return-on-Tangible-Equity among Vehicles & Parts companies is 7.47, based on 1,283 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. JBM Auto's current Return-on-Tangible-Equity of 23.71% is 217.4% 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 JBM Auto and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Equity is 7.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JBM Auto's current Return-on-Tangible-Equity is 23.71%, which is 16% above median its own 10-year median of 20.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JBM Auto stock overvalued right now?
Based on GuruFocus' analysis, JBM Auto (NSE:JBMA) is currently considered Possible Value Trap. The stock's GF Value™ is ₹1,007.13, compared to a current price of ₹684.70 — trading 32% below its estimated fair value. The current Return-on-Tangible-Equity is 23.71%, which is 16% above median its 10-year median of 20.40 and 217.4% above the Vehicles & Parts industry median of 7.47. JBM Auto's overall GF Score™ is 86/100 with 7 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 JBM Auto (NSE:JBMA), the current Return-on-Tangible-Equity is 23.71% 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 JBM Auto (NSE:JBMA) Overvalued in 2026?
Based on GuruFocus' analysis, JBM Auto stock appears to be undervalued.
The current stock price of ₹684.70 is trading 32% below its estimated GF Value™ of ₹1,007.13.
GuruFocus considers JBM Auto to be Possible Value Trap.
Key valuation signals for NSE:JBMA:
Return-on-Tangible-Equity: 23.71% (16% above median its 10-year median of 20.40)
GF Value™: ₹1,007.13 vs. price of ₹684.70 (32% below fair value)
Industry Position: 217.4% above the Vehicles & Parts median (#231 of 1283)
No single metric tells the full story. See the NSE:JBMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JBM Auto Ltd is an auto parts manufacturing company. It manufactures auto components, toolings, and buses in the country. The group's products include Air tank BIW parts and assemblies, Chassis and suspension parts, Cross-car beams, Cross truck beams, Cross members, Fabrications, Shields, Blanks, Tools, Jigs, Fixtures, and others. The business segments of the company are Sheet Metal Components, Assemblies & Sub-assemblies (Component Division), Tools, Dies & Moulds (Tool Room Division); OEM Division, and others. It generates maximum revenue from the Component Division segment which is engaged in the business of manufacturing automobile parts for commercial and passenger vehicles.
86GF Score
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