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. Perfect Infraengineers's annualized net income for the quarter that ended in Mar. 2024 was ₹14.23 Mil. Perfect Infraengineers's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹261.72 Mil. Therefore, Perfect Infraengineers's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 5.44%.
The historical rank and industry rank for Perfect Infraengineers's Return-on-Tangible-Equity or its related term are showing as below:
NSE:PERFECT's Return-on-Tangible-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 5.19 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
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.
Perfect Infraengineers Return-on-Tangible-Equity Related Terms
Perfect Infraengineers Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Perfect Infraengineers'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:PERFECT vs FSLR, NXT, ENPH: Return-on-Tangible-Equity Comparison
For the Solar subindustry, Perfect Infraengineers'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.
Perfect Infraengineers Return-on-Tangible-Equity vs Semiconductors Industry
For the Semiconductors industry and Technology sector, Perfect Infraengineers's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Perfect Infraengineers'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 two times the semi-annual (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 5.44% mean?
Perfect Infraengineers (NSE:PERFECT) has a Return-on-Tangible-Equity of 5.44% as of Mar. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Perfect Infraengineers and its competitors.
Is Perfect Infraengineers' Return-on-Tangible-Equity too high?
Perfect Infraengineers' current Return-on-Tangible-Equity is 5.44%. The Semiconductors industry median Return-on-Tangible-Equity is 5.19. Perfect Infraengineers' value of 5.44% is 4.8% above this industry median. Overall, Perfect Infraengineers has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Perfect Infraengineers' Return-on-Tangible-Equity compare to FSLR and NXT?
Perfect Infraengineers' Return-on-Tangible-Equity of 5.44% can be compared against companies in the Semiconductors industry. The industry median Return-on-Tangible-Equity is 5.19. Perfect Infraengineers' value of 5.44% is 4.8% 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 Semiconductors company?
The median Return-on-Tangible-Equity among Semiconductors companies is 5.19, based on 985 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. Perfect Infraengineers's current Return-on-Tangible-Equity of 5.44% is 4.8% 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 Perfect Infraengineers and its competitors. For the Semiconductors industry, the median Return-on-Tangible-Equity is 5.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perfect Infraengineers's current Return-on-Tangible-Equity is 5.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perfect Infraengineers stock overvalued right now?
Perfect Infraengineers (NSE:PERFECT) has a current Return-on-Tangible-Equity of 5.44%. The current Return-on-Tangible-Equity is 5.44% and 4.8% above the Semiconductors industry median of 5.19. Perfect Infraengineers' overall GF Score™ is 4/100. 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 Perfect Infraengineers (NSE:PERFECT), the current Return-on-Tangible-Equity is 5.44% as of Mar. 2024. 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.
Perfect Infraengineers Ltd is into manufacturing and trading of Hybrid Thermal Solar Panel and MEP contracting. It is engaged in two categories including Solar Thermal Panels and Hybrid Thermal System. The company has a business of execution of HVAC and manufacturing and trading of Hybrid Solar Thermal Panels and allied activities in India. The company generates key revenue from the sale of goods.
4GF Score
Get the complete analysis for NSE:PERFECT
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:PERFECT has been successfully added to your 
