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Bank of MaharashtraNSE:MAHABANK -3.16%61 Return-on-Tangible-Equity is 24.36% as of Jun. 2026, which is 256% above its 10-year median of 6.85. GuruFocus rates NSE:MAHABANK with a GF Score™ of 61/100 and a GF Value™ of ₹69.97 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 1,518 Banks companies, Bank of Maharashtra ranks better than 93.74% 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. Bank of Maharashtra's annualized net income for the quarter that ended in Jun. 2026 was ₹80,933 Mil. Bank of Maharashtra's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₹332,246 Mil. Therefore, Bank of Maharashtra's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 24.36%.
The historical rank and industry rank for Bank of Maharashtra's Return-on-Tangible-Equity or its related term are showing as below:
NSE:MAHABANK'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -59.9 Med: 6.85 Max: 23.79
Current: 23.79
During the past 13 years, Bank of Maharashtra's highest Return-on-Tangible-Equity was 23.79%. The lowest was -59.90%. And the median was 6.85%.
NSE:MAHABANK's Return-on-Tangible-Equity is ranked better than 93.74% of 1518
companies
in the Banks industry
Industry Median: 11.255
vs NSE:MAHABANK: 23.79
Bank of Maharashtra (NSE:MAHABANK) 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.
Bank of Maharashtra Return-on-Tangible-Equity Related Terms
Bank of Maharashtra Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Bank of Maharashtra'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.
Bank of Maharashtra Return-on-Tangible-Equity Chart
Bank of Maharashtra Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Bank of Maharashtra'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.
Bank of Maharashtra Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Bank of Maharashtra's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Bank of Maharashtra'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 (Jun. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 24.36% mean?
Bank of Maharashtra (NSE:MAHABANK) has a Return-on-Tangible-Equity of 24.36% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Bank of Maharashtra and its competitors. This is 256% above median its historical median of 6.85. According to the industry distribution chart, Bank of Maharashtra ranks #95 out of 1518 companies in the Banks industry, placing it in the top 6.3%.
Is Bank of Maharashtra's Return-on-Tangible-Equity too high?
Bank of Maharashtra's current Return-on-Tangible-Equity of 24.36% is 256% above median its 10-year median of 6.85. The Banks industry median Return-on-Tangible-Equity is 11.26. Bank of Maharashtra's value of 24.36% is 116.4% above this industry median. Based on the distribution chart, Bank of Maharashtra ranks #95 out of 1518 companies in the Banks industry, which is in the top quartile — a strong position relative to peers. Overall, Bank of Maharashtra has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Maharashtra's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Bank of Maharashtra ranks #95 out of 1518 companies for Return-on-Tangible-Equity. This places Bank of Maharashtra in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 11.26. Bank of Maharashtra's value of 24.36% is 116.4% above this benchmark. While the company's 10-year median is 6.85 vs. the industry median of 11.26, Bank of Maharashtra 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 11.26, based on 1,518 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. Bank of Maharashtra's current Return-on-Tangible-Equity of 24.36% is 116.4% 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 Bank of Maharashtra and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of Maharashtra's current Return-on-Tangible-Equity is 24.36%, which is 256% above median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Maharashtra stock overvalued right now?
Based on GuruFocus' analysis, Bank of Maharashtra (NSE:MAHABANK) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹69.97, compared to a current price of ₹79.17 — trading 13.1% above its estimated fair value. The current Return-on-Tangible-Equity is 24.36%, which is 256% above median its 10-year median of 6.85 and 116.4% above the Banks industry median of 11.26. Bank of Maharashtra's overall GF Score™ is 61/100 with 3 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 Bank of Maharashtra (NSE:MAHABANK), the current Return-on-Tangible-Equity is 24.36% as of Jun. 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 Bank of Maharashtra (NSE:MAHABANK) Overvalued in 2026?
Based on GuruFocus' analysis, Bank of Maharashtra stock appears to be overvalued.
The current stock price of ₹79.17 is trading 13.1% above its estimated GF Value™ of ₹69.97.
GuruFocus considers Bank of Maharashtra to be Modestly Overvalued.
Key valuation signals for NSE:MAHABANK:
Return-on-Tangible-Equity: 24.36% (256% above median its 10-year median of 6.85)
GF Value™: ₹69.97 vs. price of ₹79.17 (13.1% above fair value)
Industry Position: 116.4% above the Banks median (#95 of 1518)
No single metric tells the full story. See the NSE:MAHABANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bank of Maharashtra is an Indian banking corporation. The bank offers various deposit schemes, including savings accounts, current accounts, term deposits, and capital gain accounts. It also provides credit facilities such as term loans, overdrafts, letters of credit, and guarantees. The bank organizes its business in four segments, namely Treasury, Corporate/Wholesale banking; Retail banking; and Other banking operations. Its Treasury segment includes investment, balances with banks outside India, and interest accrued on investments; the corporate banking segment includes all advances to trusts, partnership firms, companies, and statutory bodies; retail banking includes exposure to individuals and small businesses. The bank principally generates revenue within India.
61GF Score
Get the complete analysis for NSE:MAHABANK
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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