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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.
Precision Wires IndiaNSE:PRECWIRE -4.83%82 Return-on-Tangible-Equity is 28.42% as of Mar. 2026, which is 82% above its 10-year median of 15.65. GuruFocus rates NSE:PRECWIRE with a GF Score™ of 82/100 and a GF Value™ of ₹276.89 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,969 Industrial Products companies, Precision Wires India ranks better than 87.54% 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. Precision Wires India's annualized net income for the quarter that ended in Mar. 2026 was ₹2,195 Mil. Precision Wires India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹7,723 Mil. Therefore, Precision Wires India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 28.42%.
The historical rank and industry rank for Precision Wires India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:PRECWIRE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 11.04 Med: 15.65 Max: 23.18
Current: 23.18
During the past 13 years, Precision Wires India's highest Return-on-Tangible-Equity was 23.18%. The lowest was 11.04%. And the median was 15.65%.
NSE:PRECWIRE's Return-on-Tangible-Equity is ranked better than 87.54% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:PRECWIRE: 23.18
Precision Wires India (NSE:PRECWIRE) 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.
Precision Wires India Return-on-Tangible-Equity Related Terms
Precision Wires India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Precision Wires 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.
Precision Wires India Return-on-Tangible-Equity Chart
NSE:PRECWIRE vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Precision Wires 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.
Precision Wires India Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Precision Wires India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Precision Wires 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 28.42% mean?
Precision Wires India (NSE:PRECWIRE) has a Return-on-Tangible-Equity of 28.42% 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 Precision Wires India and its competitors. This is 82% above median its historical median of 15.65. Over the past decade, Precision Wires India's Return-on-Tangible-Equity has ranged from 11.04 to 23.18. According to the industry distribution chart, Precision Wires India ranks #370 out of 2969 companies in the Industrial Products industry, placing it in the top 12.5%.
Is Precision Wires India's Return-on-Tangible-Equity too high?
Precision Wires India's current Return-on-Tangible-Equity of 28.42% is 82% above median its 10-year median of 15.65. Over the past 10 years, this metric has ranged from a low of 11.04 to a high of 23.18. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Precision Wires India's value of 28.42% is 322.9% above this industry median. Based on the distribution chart, Precision Wires India ranks #370 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Precision Wires India has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Precision Wires India's Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Precision Wires India ranks #370 out of 2969 companies for Return-on-Tangible-Equity. This places Precision Wires India in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Precision Wires India's value of 28.42% is 322.9% above this benchmark. Historically, Precision Wires India's own Return-on-Tangible-Equity has ranged from 11.04 to 23.18 over the past decade. While the company's 10-year median is 15.65 vs. the industry median of 6.72, Precision Wires 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 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. Precision Wires India's current Return-on-Tangible-Equity of 28.42% is 322.9% 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 Precision Wires India 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. Precision Wires India's current Return-on-Tangible-Equity is 28.42%, which is 82% above median its own 10-year median of 15.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Precision Wires India stock overvalued right now?
Based on GuruFocus' analysis, Precision Wires India (NSE:PRECWIRE) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹276.89, compared to a current price of ₹361.65 — trading 30.6% above its estimated fair value. The current Return-on-Tangible-Equity is 28.42%, which is 82% above median its 10-year median of 15.65 and 322.9% above the Industrial Products industry median of 6.72. Precision Wires India's overall GF Score™ is 82/100 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 Precision Wires India (NSE:PRECWIRE), the current Return-on-Tangible-Equity is 28.42% 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 Precision Wires India (NSE:PRECWIRE) Overvalued in 2026?
Based on GuruFocus' analysis, Precision Wires India stock appears to be overvalued.
The current stock price of ₹361.65 is trading 30.6% above its estimated GF Value™ of ₹276.89.
GuruFocus considers Precision Wires India to be Significantly Overvalued.
Key valuation signals for NSE:PRECWIRE:
Return-on-Tangible-Equity: 28.42% (82% above median its 10-year median of 15.65)
GF Value™: ₹276.89 vs. price of ₹361.65 (30.6% above fair value)
Industry Position: 322.9% above the Industrial Products median (#370 of 2969)
No single metric tells the full story. See the NSE:PRECWIRE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Precision Wires India Ltd is engaged in the manufacture of winding wires made of copper. The company produces Enameled Round Winding Wires, Enameled Strips, Paper Insulated Copper Conductors, and Continuously Transposed Conductors and Paper/Mica/Nomex Insulated Copper Conductors (PICC) which are used by the electrical/electronics industries. The wires are used in equipment such as rotating machines, alternators, hermetic motors, power and distribution transformers, ballasts, auto electricals, household appliances and fans.
82GF Score
Get the complete analysis for NSE:PRECWIRE
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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