JSW CementNSE:JSWCEMENT -0.07%24 Return-on-Tangible-Equity is 26.55% as of Mar. 2026. GuruFocus rates NSE:JSWCEMENT with a GF Score™ of 24/100. The stock has 4 warning signs investors should review. Among 397 Building Materials companies, JSW Cement ranks better than 79.6% 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. JSW Cement's annualized net income for the quarter that ended in Mar. 2026 was ₹14,853 Mil. JSW Cement's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹55,939 Mil. Therefore, JSW Cement's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.55%.
The historical rank and industry rank for JSW Cement's Return-on-Tangible-Equity or its related term are showing as below:
NSE:JSWCEMENT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.64 Med: -0.78 Max: 14.89
Current: 14.89
During the past 4 years, JSW Cement's highest Return-on-Tangible-Equity was 14.89%. The lowest was -21.64%. And the median was -0.78%.
NSE:JSWCEMENT's Return-on-Tangible-Equity is ranked better than 79.6% of 397
companies
in the Building Materials industry
Industry Median: 5.08
vs NSE:JSWCEMENT: 14.89
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.
JSW Cement Return-on-Tangible-Equity Related Terms
JSW Cement Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for JSW Cement'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:JSWCEMENT vs CRH, VMC, MLM: Return-on-Tangible-Equity Comparison
For the Building Materials subindustry, JSW Cement'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.
JSW Cement Return-on-Tangible-Equity vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, JSW Cement's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where JSW Cement'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 26.55% mean?
JSW Cement (NSE:JSWCEMENT) has a Return-on-Tangible-Equity of 26.55% 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 JSW Cement and its competitors. According to the industry distribution chart, JSW Cement ranks #81 out of 397 companies in the Building Materials industry, placing it in the top 20.4%.
Is JSW Cement's Return-on-Tangible-Equity too high?
JSW Cement's current Return-on-Tangible-Equity is 26.55%. The Building Materials industry median Return-on-Tangible-Equity is 5.08. JSW Cement's value of 26.55% is 422.6% above this industry median. Based on the distribution chart, JSW Cement ranks #81 out of 397 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Cement has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does JSW Cement's Return-on-Tangible-Equity compare to CRH and VMC?
According to the Building Materials industry distribution chart, JSW Cement ranks #81 out of 397 companies for Return-on-Tangible-Equity. This places JSW Cement in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.08. JSW Cement's value of 26.55% is 422.6% above this benchmark. 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 Building Materials company?
The median Return-on-Tangible-Equity among Building Materials companies is 5.08, based on 397 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. JSW Cement's current Return-on-Tangible-Equity of 26.55% is 422.6% 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 JSW Cement and its competitors. For the Building Materials industry, the median Return-on-Tangible-Equity is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Cement's current Return-on-Tangible-Equity is 26.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Cement stock overvalued right now?
JSW Cement (NSE:JSWCEMENT) has a current Return-on-Tangible-Equity of 26.55%. The current Return-on-Tangible-Equity is 26.55% and 422.6% above the Building Materials industry median of 5.08. JSW Cement's overall GF Score™ is 24/100 with 4 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 JSW Cement (NSE:JSWCEMENT), the current Return-on-Tangible-Equity is 26.55% 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.
JSW Cement Ltd is a cement company based in India. Its products include: Cement, additives, plaster, aggregates, ready-mix concrete, cementitious materials.
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