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LIC Housing FinanceNSE:LICHSGFIN +2.37%72 Return-on-Tangible-Equity is 14.42% as of Mar. 2026, which is 2% below its 10-year median of 14.66. GuruFocus rates NSE:LICHSGFIN with a GF Score™ of 72/100 and a GF Value™ of ₹609.74 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 1,523 Banks companies, LIC Housing Finance ranks better than 71.11% 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. LIC Housing Finance's annualized net income for the quarter that ended in Mar. 2026 was ₹59,702 Mil. LIC Housing Finance's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹413,895 Mil. Therefore, LIC Housing Finance's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.42%.
The historical rank and industry rank for LIC Housing Finance's Return-on-Tangible-Equity or its related term are showing as below:
NSE:LICHSGFIN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.09 Med: 14.66 Max: 17.75
Current: 14.48
During the past 13 years, LIC Housing Finance's highest Return-on-Tangible-Equity was 17.75%. The lowest was 10.09%. And the median was 14.66%.
NSE:LICHSGFIN's Return-on-Tangible-Equity is ranked better than 71.11% of 1523
companies
in the Banks industry
Industry Median: 11.3
vs NSE:LICHSGFIN: 14.48
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.
LIC Housing Finance Return-on-Tangible-Equity Related Terms
LIC Housing Finance Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for LIC Housing Finance'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:LICHSGFIN vs RKT, FNMA, PFSI: Return-on-Tangible-Equity Comparison
For the Mortgage Finance subindustry, LIC Housing Finance'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.
LIC Housing Finance Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, LIC Housing Finance's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where LIC Housing Finance'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 14.42% mean?
LIC Housing Finance (NSE:LICHSGFIN) has a Return-on-Tangible-Equity of 14.42% 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 LIC Housing Finance and its competitors. This is near median its historical median of 14.66. Over the past decade, LIC Housing Finance's Return-on-Tangible-Equity has ranged from 10.09 to 17.75. According to the industry distribution chart, LIC Housing Finance ranks #440 out of 1523 companies in the Banks industry, placing it in the top 28.9%.
Is LIC Housing Finance's Return-on-Tangible-Equity too high?
LIC Housing Finance's current Return-on-Tangible-Equity of 14.42% is near median its 10-year median of 14.66. Over the past 10 years, this metric has ranged from a low of 10.09 to a high of 17.75. The Banks industry median Return-on-Tangible-Equity is 11.30. LIC Housing Finance's value of 14.42% is 27.6% above this industry median. Based on the distribution chart, LIC Housing Finance ranks #440 out of 1523 companies in the Banks industry, which is above the industry midpoint. Overall, LIC Housing Finance has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does LIC Housing Finance's Return-on-Tangible-Equity compare to RKT and FNMA?
According to the Banks industry distribution chart, LIC Housing Finance ranks #440 out of 1523 companies for Return-on-Tangible-Equity. This puts LIC Housing Finance in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.30. LIC Housing Finance's value of 14.42% is 27.6% above this benchmark. Historically, LIC Housing Finance's own Return-on-Tangible-Equity has ranged from 10.09 to 17.75 over the past decade. While the company's 10-year median is 14.66 vs. the industry median of 11.30, LIC Housing Finance 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.30, based on 1,523 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. LIC Housing Finance's current Return-on-Tangible-Equity of 14.42% is 27.6% 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 LIC Housing Finance and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LIC Housing Finance's current Return-on-Tangible-Equity is 14.42%, which is near median its own 10-year median of 14.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LIC Housing Finance stock overvalued right now?
Based on GuruFocus' analysis, LIC Housing Finance (NSE:LICHSGFIN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹609.74, compared to a current price of ₹551.75 — trading 9.5% below its estimated fair value. The current Return-on-Tangible-Equity is 14.42%, which is near median its 10-year median of 14.66 and 27.6% above the Banks industry median of 11.30. LIC Housing Finance's overall GF Score™ is 72/100 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 LIC Housing Finance (NSE:LICHSGFIN), the current Return-on-Tangible-Equity is 14.42% 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 LIC Housing Finance (NSE:LICHSGFIN) Overvalued in 2026?
Based on GuruFocus' analysis, LIC Housing Finance stock appears to be undervalued.
The current stock price of ₹551.75 is trading 9.5% below its estimated GF Value™ of ₹609.74.
GuruFocus considers LIC Housing Finance to be Modestly Undervalued.
Key valuation signals for NSE:LICHSGFIN:
Return-on-Tangible-Equity: 14.42% (near median its 10-year median of 14.66)
GF Value™: ₹609.74 vs. price of ₹551.75 (9.5% below fair value)
Industry Position: 27.6% above the Banks median (#440 of 1523)
No single metric tells the full story. See the NSE:LICHSGFIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LIC Housing Finance Ltd is a housing finance company that provides loans in India. Its main objective is to provides long-term finance to individuals for the purchase or construction of houses/flats for residential purposes. also provides finance on existing property for business/ personal needs and also gives loans to professionals for the purchase/ construction of clinics, nursing homes, diagnostic centres, office spaces, and equipment. The company also provides finance to builders and developers engaged in the business of construction of houses or flats for residential purposes and to be sold by them.
72GF Score
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