Prime Cable IndustriesNSE:PRIMECAB +4.99%13 Return-on-Tangible-Equity is 23.59% as of Mar. 2026, which is 18% below its 10-year median of 28.91. GuruFocus rates NSE:PRIMECAB with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 2,969 Industrial Products companies, Prime Cable Industries ranks better than 90.47% 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. Prime Cable Industries's annualized net income for the quarter that ended in Mar. 2026 was ₹135 Mil. Prime Cable Industries's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹573 Mil. Therefore, Prime Cable Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 23.59%.
The historical rank and industry rank for Prime Cable Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:PRIMECAB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 2.33 Med: 28.91 Max: 67.81
Current: 28.41
During the past 5 years, Prime Cable Industries's highest Return-on-Tangible-Equity was 67.81%. The lowest was 2.33%. And the median was 28.91%.
NSE:PRIMECAB's Return-on-Tangible-Equity is ranked better than 90.47% of 2969
companies
in the Industrial Products industry
Industry Median: 6.72
vs NSE:PRIMECAB: 28.41
Prime Cable Industries (NSE:PRIMECAB) 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.
Prime Cable Industries Return-on-Tangible-Equity Related Terms
Prime Cable Industries Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Prime Cable Industries'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.
Prime Cable Industries Return-on-Tangible-Equity Chart
NSE:PRIMECAB vs VRT, BE: Return-on-Tangible-Equity Comparison
For the Electrical Equipment & Parts subindustry, Prime Cable Industries'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.
Prime Cable Industries Return-on-Tangible-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Prime Cable Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Prime Cable Industries'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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 23.59% mean?
Prime Cable Industries (NSE:PRIMECAB) has a Return-on-Tangible-Equity of 23.59% 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 Prime Cable Industries and its competitors. This is 18% below median its historical median of 28.91. Over the past decade, Prime Cable Industries' Return-on-Tangible-Equity has ranged from 2.33 to 67.81. According to the industry distribution chart, Prime Cable Industries ranks #283 out of 2969 companies in the Industrial Products industry, placing it in the top 9.5%.
Is Prime Cable Industries' Return-on-Tangible-Equity too high?
Prime Cable Industries' current Return-on-Tangible-Equity of 23.59% is 18% below median its 10-year median of 28.91. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 67.81. The Industrial Products industry median Return-on-Tangible-Equity is 6.72. Prime Cable Industries' value of 23.59% is 251% above this industry median. Based on the distribution chart, Prime Cable Industries ranks #283 out of 2969 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Prime Cable Industries has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Prime Cable Industries' Return-on-Tangible-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Prime Cable Industries ranks #283 out of 2969 companies for Return-on-Tangible-Equity. This places Prime Cable Industries in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.72. Prime Cable Industries' value of 23.59% is 251% above this benchmark. Historically, Prime Cable Industries' own Return-on-Tangible-Equity has ranged from 2.33 to 67.81 over the past decade. While the company's 10-year median is 28.91 vs. the industry median of 6.72, Prime Cable Industries 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. Prime Cable Industries's current Return-on-Tangible-Equity of 23.59% is 251% 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 Prime Cable Industries 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. Prime Cable Industries's current Return-on-Tangible-Equity is 23.59%, which is 18% below median its own 10-year median of 28.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prime Cable Industries stock overvalued right now?
Prime Cable Industries (NSE:PRIMECAB) has a current Return-on-Tangible-Equity of 23.59%. The current Return-on-Tangible-Equity is 23.59%, which is 18% below median its 10-year median of 28.91 and 251% above the Industrial Products industry median of 6.72. Prime Cable Industries' overall GF Score™ is 13/100 with 4 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 Prime Cable Industries (NSE:PRIMECAB), the current Return-on-Tangible-Equity is 23.59% 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.
Prime Cable Industries Ltd is engaged in the manufacturing and sale of cables and wires. The company manufactures low voltage control cables, power cables, aerial bunch cables, instrumentation cables, housing/building wires and conductors catering to several institutions which includes EPC players, electricity boards, public sector undertakings responsible for generation, transmission and distribution of power (transmission, distribution and generation), oil & gas, mining, steel, real estate, electric panel builders, etc.
13GF Score
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