Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
KSBNSE:KSB -1.04%97 Return-on-Tangible-Equity is 9.61% as of Mar. 2026, which is 33% below its 10-year median of 14.24. GuruFocus rates NSE:KSB with a GF Score™ of 97/100 and a GF Value™ of ₹896.76 (Fairly Valued). The stock has 6 warning signs investors should review. Among 2,969 Industrial Products companies, KSB ranks better than 80.77% 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. KSB's annualized net income for the quarter that ended in Mar. 2026 was ₹1,592 Mil. KSB's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹16,566 Mil. Therefore, KSB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 9.61%.
The historical rank and industry rank for KSB's Return-on-Tangible-Equity or its related term are showing as below:
NSE:KSB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.78 Med: 14.24 Max: 18.04
Current: 16.75
During the past 13 years, KSB's highest Return-on-Tangible-Equity was 18.04%. The lowest was 9.78%. And the median was 14.24%.
NSE:KSB's Return-on-Tangible-Equity is ranked better than 80.77% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:KSB: 16.75
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.
KSB Return-on-Tangible-Equity Related Terms
KSB Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for KSB'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:KSB vs GEV, ETN, PH: Return-on-Tangible-Equity Comparison
For the Specialty Industrial Machinery subindustry, KSB'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.
KSB Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, KSB's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where KSB'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 9.61% mean?
KSB (NSE:KSB) has a Return-on-Tangible-Equity of 9.61% 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 KSB and its competitors. This is 33% below median its historical median of 14.24. Over the past decade, KSB's Return-on-Tangible-Equity has ranged from 9.78 to 18.04. According to the industry distribution chart, KSB ranks #571 out of 2969 companies in the Industrial Products industry, placing it in the top 19.2%.
Is KSB's Return-on-Tangible-Equity too high?
KSB's current Return-on-Tangible-Equity of 9.61% is 33% below median its 10-year median of 14.24. Over the past 10 years, this metric has ranged from a low of 9.78 to a high of 18.04. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. KSB's value of 9.61% is 43% above this industry median. Based on the distribution chart, KSB ranks #571 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, KSB has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KSB's Return-on-Tangible-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, KSB ranks #571 out of 2969 companies for Return-on-Tangible-Equity. This places KSB in the top 19% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. KSB's value of 9.61% is 43% above this benchmark. Historically, KSB's own Return-on-Tangible-Equity has ranged from 9.78 to 18.04 over the past decade. While the company's 10-year median is 14.24 vs. the industry median of 6.72, KSB 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 6.72, based on 2,969 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. KSB's current Return-on-Tangible-Equity of 9.61% is 43% 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 KSB and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Equity is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KSB's current Return-on-Tangible-Equity is 9.61%, which is 33% below median its own 10-year median of 14.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KSB stock overvalued right now?
Based on GuruFocus' analysis, KSB (NSE:KSB) is currently considered Fairly Valued. The stock's GF Value™ is ₹896.76, compared to a current price of ₹903.60 — trading 0.8% above its estimated fair value. The current Return-on-Tangible-Equity is 9.61%, which is 33% below median its 10-year median of 14.24 and 43% above the Industrial Products industry median of 6.72. KSB's overall GF Score™ is 97/100 with 6 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 KSB (NSE:KSB), the current Return-on-Tangible-Equity is 9.61% 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 KSB (NSE:KSB) Overvalued in 2026?
Based on GuruFocus' analysis, KSB stock appears to be overvalued.
The current stock price of ₹903.60 is trading 0.8% above its estimated GF Value™ of ₹896.76.
GuruFocus considers KSB to be Fairly Valued.
Key valuation signals for NSE:KSB:
Return-on-Tangible-Equity: 9.61% (33% below median its 10-year median of 14.24)
GF Value™: ₹896.76 vs. price of ₹903.60 (0.8% above fair value)
Industry Position: 43% above the Industrial Products median (#571 of 2969)
No single metric tells the full story. See the NSE:KSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KSB Ltd manufactures power-driven pumps and industrial valves. It operates in the Pumps and Valves segment. In the Pumps segment, the company manufactures and markets all types of pumps, such as industrial pumps, submersible pumps effluent treatment pumps, and spares and services. The Valves segment consists of manufacturing and trading of industrial valves, and spares and services. A majority of revenue is derived from the Pumps segment. The company has a business presence in India where it generates the majority of revenue, and outside India.
97GF Score
Get the complete analysis for NSE:KSB
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:KSB has been successfully added to your 
