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Power Grid Of IndiaNSE:POWERGRID -1.23%80 Return-on-Tangible-Equity is 18.40% as of Mar. 2026, which is 0% above its 10-year median of 18.31. GuruFocus rates NSE:POWERGRID with a GF Score™ of 80/100 and a GF Value™ of ₹307.86 (Fairly Valued). The stock has 7 warning signs investors should review. Among 496 Utilities - Regulated companies, Power Grid Of India ranks better than 69.56% 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. Power Grid Of India's annualized net income for the quarter that ended in Mar. 2026 was ₹181,853 Mil. Power Grid Of India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹988,413 Mil. Therefore, Power Grid Of India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 18.40%.
The historical rank and industry rank for Power Grid Of India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:POWERGRID'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 16.16 Med: 18.31 Max: 23.59
Current: 16.65
During the past 13 years, Power Grid Of India's highest Return-on-Tangible-Equity was 23.59%. The lowest was 16.16%. And the median was 18.31%.
NSE:POWERGRID's Return-on-Tangible-Equity is ranked better than 69.56% of 496
companies
in the Utilities - Regulated industry
Industry Median: 10.91
vs NSE:POWERGRID: 16.65
Power Grid Of India (NSE:POWERGRID) 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.
Power Grid Of India Return-on-Tangible-Equity Related Terms
Power Grid Of India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Power Grid Of India'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.
Power Grid Of India Return-on-Tangible-Equity Chart
NSE:POWERGRID vs NEE, SO, DUK: Return-on-Tangible-Equity Comparison
For the Utilities - Regulated Electric subindustry, Power Grid Of India'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.
Power Grid Of India Return-on-Tangible-Equity vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Power Grid Of India'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 18.40% mean?
Power Grid Of India (NSE:POWERGRID) has a Return-on-Tangible-Equity of 18.40% 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 Power Grid Of India and its competitors. This is near median its historical median of 18.31. Over the past decade, Power Grid Of India's Return-on-Tangible-Equity has ranged from 16.16 to 23.59. According to the industry distribution chart, Power Grid Of India ranks #151 out of 496 companies in the Utilities - Regulated industry, placing it in the top 30.4%.
Is Power Grid Of India's Return-on-Tangible-Equity too high?
Power Grid Of India's current Return-on-Tangible-Equity of 18.40% is near median its 10-year median of 18.31. Over the past 10 years, this metric has ranged from a low of 16.16 to a high of 23.59. The Utilities - Regulated industry median Return-on-Tangible-Equity is 10.91. Power Grid Of India's value of 18.40% is 68.7% above this industry median. Based on the distribution chart, Power Grid Of India ranks #151 out of 496 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Power Grid Of India has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Power Grid Of India's Return-on-Tangible-Equity compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Of India ranks #151 out of 496 companies for Return-on-Tangible-Equity. This puts Power Grid Of India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.91. Power Grid Of India's value of 18.40% is 68.7% above this benchmark. Historically, Power Grid Of India's own Return-on-Tangible-Equity has ranged from 16.16 to 23.59 over the past decade. While the company's 10-year median is 18.31 vs. the industry median of 10.91, Power Grid Of India 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 Utilities - Regulated company?
The median Return-on-Tangible-Equity among Utilities - Regulated companies is 10.91, based on 496 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. Power Grid Of India's current Return-on-Tangible-Equity of 18.40% is 68.7% 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 Power Grid Of India and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Equity is 10.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Of India's current Return-on-Tangible-Equity is 18.40%, which is near median its own 10-year median of 18.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Grid Of India stock overvalued right now?
Based on GuruFocus' analysis, Power Grid Of India (NSE:POWERGRID) is currently considered Fairly Valued. The stock's GF Value™ is ₹307.86, compared to a current price of ₹285.30 — trading 7.3% below its estimated fair value. The current Return-on-Tangible-Equity is 18.40%, which is near median its 10-year median of 18.31 and 68.7% above the Utilities - Regulated industry median of 10.91. Power Grid Of India's overall GF Score™ is 80/100 with 7 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 Power Grid Of India (NSE:POWERGRID), the current Return-on-Tangible-Equity is 18.40% 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 Power Grid Of India (NSE:POWERGRID) Overvalued in 2026?
Based on GuruFocus' analysis, Power Grid Of India stock appears to be undervalued.
The current stock price of ₹285.30 is trading 7.3% below its estimated GF Value™ of ₹307.86.
GuruFocus considers Power Grid Of India to be Fairly Valued.
Key valuation signals for NSE:POWERGRID:
Return-on-Tangible-Equity: 18.40% (near median its 10-year median of 18.31)
GF Value™: ₹307.86 vs. price of ₹285.30 (7.3% below fair value)
Industry Position: 68.7% above the Utilities - Regulated median (#151 of 496)
No single metric tells the full story. See the NSE:POWERGRID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages the firm's nationwide transmission infrastructure and operates as a neutral carrier in the point-to-point Bandwidth Leasing Business. The company is also involved in the Consultancy business in which it provides in-house expertise in the Transmission, Distribution, and Telecom sectors, including planning, design, engineering, load dispatch, procurement management, financing, and others. It derives maximum revenue from the Transmission segment.
80GF Score
Get the complete analysis for NSE:POWERGRID
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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