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Rex Pipes and Cables IndustriesNSE:REXPIPES -1.87%61 Return-on-Tangible-Equity is 13.50% as of Mar. 2026, which is 7% below its 10-year median of 14.57. GuruFocus rates NSE:REXPIPES with a GF Score™ of 61/100 and a GF Value™ of ₹76.32 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,570 Chemicals companies, Rex Pipes and Cables Industries ranks better than 75.03% on this metric.
The historical rank and industry rank for Rex Pipes and Cables Industries's Return-on-Tangible-Equity or its related term are showing as below:
NSE:REXPIPES'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.74 Med: 14.57 Max: 17.46
Current: 12
During the past 9 years, Rex Pipes and Cables Industries's highest Return-on-Tangible-Equity was 17.46%. The lowest was 7.74%. And the median was 14.57%.
NSE:REXPIPES's Return-on-Tangible-Equity is ranked better than 75.03% of 1570
companies
in the Chemicals industry
Industry Median: 5.77
vs NSE:REXPIPES: 12.00
Rex Pipes and Cables Industries (NSE:REXPIPES) 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.
Rex Pipes and Cables Industries Return-on-Tangible-Equity Related Terms
Rex Pipes and Cables Industries Return-on-Tangible-Equity Historical Data
* 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.
Rex Pipes and Cables Industries Return-on-Tangible-Equity Chart
NSE:REXPIPES vs LIN, SHW, ECL: Return-on-Tangible-Equity Comparison
For the Specialty Chemicals subindustry, Rex Pipes and Cables 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.
Rex Pipes and Cables Industries Return-on-Tangible-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rex Pipes and Cables Industries's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Rex Pipes and Cables 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 13.50% mean?
Rex Pipes and Cables Industries (NSE:REXPIPES) has a Return-on-Tangible-Equity of 13.50% 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 Rex Pipes and Cables Industries and its competitors. This is near median its historical median of 14.57. Over the past decade, Rex Pipes and Cables Industries' Return-on-Tangible-Equity has ranged from 7.74 to 17.46. According to the industry distribution chart, Rex Pipes and Cables Industries ranks #392 out of 1570 companies in the Chemicals industry, placing it in the top 25%.
Is Rex Pipes and Cables Industries' Return-on-Tangible-Equity too high?
Rex Pipes and Cables Industries' current Return-on-Tangible-Equity of 13.50% is near median its 10-year median of 14.57. Over the past 10 years, this metric has ranged from a low of 7.74 to a high of 17.46. The Chemicals industry median Return-on-Tangible-Equity is 5.77. Rex Pipes and Cables Industries' value of 13.50% is 134% above this industry median. Based on the distribution chart, Rex Pipes and Cables Industries ranks #392 out of 1570 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Rex Pipes and Cables Industries has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rex Pipes and Cables Industries' Return-on-Tangible-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rex Pipes and Cables Industries ranks #392 out of 1570 companies for Return-on-Tangible-Equity. This places Rex Pipes and Cables Industries in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 5.77. Rex Pipes and Cables Industries' value of 13.50% is 134% above this benchmark. Historically, Rex Pipes and Cables Industries' own Return-on-Tangible-Equity has ranged from 7.74 to 17.46 over the past decade. While the company's 10-year median is 14.57 vs. the industry median of 5.77, Rex Pipes and Cables 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 a Chemicals company?
The median Return-on-Tangible-Equity among Chemicals companies is 5.77, based on 1,570 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. Rex Pipes and Cables Industries's current Return-on-Tangible-Equity of 13.50% is 134% 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 Rex Pipes and Cables Industries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Equity is 5.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rex Pipes and Cables Industries's current Return-on-Tangible-Equity is 13.50%, which is near median its own 10-year median of 14.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rex Pipes and Cables Industries stock overvalued right now?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries (NSE:REXPIPES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹76.32, compared to a current price of ₹171.00 — trading 124.1% above its estimated fair value. The current Return-on-Tangible-Equity is 13.50%, which is near median its 10-year median of 14.57 and 134% above the Chemicals industry median of 5.77. Rex Pipes and Cables Industries' overall GF Score™ is 61/100 with 5 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 Rex Pipes and Cables Industries (NSE:REXPIPES), the current Return-on-Tangible-Equity is 13.50% 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 Rex Pipes and Cables Industries (NSE:REXPIPES) Overvalued in 2026?
Based on GuruFocus' analysis, Rex Pipes and Cables Industries stock appears to be overvalued.
The current stock price of ₹171.00 is trading 124.1% above its estimated GF Value™ of ₹76.32.
GuruFocus considers Rex Pipes and Cables Industries to be Significantly Overvalued.
Key valuation signals for NSE:REXPIPES:
Return-on-Tangible-Equity: 13.50% (near median its 10-year median of 14.57)
GF Value™: ₹76.32 vs. price of ₹171.00 (124.1% above fair value)
Industry Position: 134% above the Chemicals median (#392 of 1570)
No single metric tells the full story. See the NSE:REXPIPES stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rex Pipes and Cables Industries Business Description
Rex Pipes and Cables Industries Ltd operates in the PVC products market, manufacturing environment-friendly PVC pipes and allied products designed for irrigation, plumbing, industrial, domestic and technical applications. The Company serves agriculture, power, construction and engineering sectors, producing insulated winding wires, PVC and HDPE pipes, low-voltage PVC cables up to 1.1 KV, flexible house wires and screened cables supplied through dealer and distributor networks. Its product portfolio includes PVC electrical conduit pipes, three-core flat cables, single-core flexible house wires, sprinkler systems, HDPE coils and pipes, as well as automobile-related products such as shipping containers, commercial container trucks, vanity vans, motorhomes, camper cars, RVs and school buses.
61GF Score
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