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Renaissance GlobalNSE:RGL +4.13%55 Return-on-Tangible-Equity is 2.19% as of Mar. 2026, which is 76% below its 10-year median of 9.15. GuruFocus rates NSE:RGL with a GF Score™ of 55/100 and a GF Value™ of ₹65.08 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,065 Retail - Cyclical companies, Renaissance Global ranks worse than 61.6% 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. Renaissance Global's annualized net income for the quarter that ended in Mar. 2026 was ₹307 Mil. Renaissance Global's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹14,007 Mil. Therefore, Renaissance Global's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 2.19%.
The historical rank and industry rank for Renaissance Global's Return-on-Tangible-Equity or its related term are showing as below:
NSE:RGL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0.94 Med: 9.15 Max: 13.38
Current: 4.88
During the past 13 years, Renaissance Global's highest Return-on-Tangible-Equity was 13.38%. The lowest was 0.94%. And the median was 9.15%.
NSE:RGL's Return-on-Tangible-Equity is ranked worse than 61.6% of 1065
companies
in the Retail - Cyclical industry
Industry Median: 8.45
vs NSE:RGL: 4.88
Renaissance Global (NSE:RGL) 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.
Renaissance Global Return-on-Tangible-Equity Related Terms
Renaissance Global Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Renaissance Global'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.
Renaissance Global Return-on-Tangible-Equity Chart
NSE:RGL vs TPR: Return-on-Tangible-Equity Comparison
For the Luxury Goods subindustry, Renaissance Global'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.
Renaissance Global Return-on-Tangible-Equity vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Renaissance Global's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Renaissance Global'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 2.19% mean?
Renaissance Global (NSE:RGL) has a Return-on-Tangible-Equity of 2.19% 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 Renaissance Global and its competitors. This is 76% below median its historical median of 9.15. Over the past decade, Renaissance Global's Return-on-Tangible-Equity has ranged from 0.94 to 13.38. According to the industry distribution chart, Renaissance Global ranks #656 out of 1065 companies in the Retail - Cyclical industry, placing it in the top 61.6%.
Is Renaissance Global's Return-on-Tangible-Equity too high?
Renaissance Global's current Return-on-Tangible-Equity of 2.19% is 76% below median its 10-year median of 9.15. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 13.38. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.45. Renaissance Global's value of 2.19% is 74.1% below this industry median. Based on the distribution chart, Renaissance Global ranks #656 out of 1065 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Renaissance Global has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Renaissance Global's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Renaissance Global ranks #656 out of 1065 companies for Return-on-Tangible-Equity. This places Renaissance Global in the lower half of its industry. The industry median Return-on-Tangible-Equity is 8.45. Renaissance Global's value of 2.19% is 74.1% below this benchmark. Historically, Renaissance Global's own Return-on-Tangible-Equity has ranged from 0.94 to 13.38 over the past decade. While the company's 10-year median is 9.15 vs. the industry median of 8.45, Renaissance Global has consistently been below 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.45, based on 1,065 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. Renaissance Global's current Return-on-Tangible-Equity of 2.19% is 74.1% below 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 Renaissance Global and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance Global's current Return-on-Tangible-Equity is 2.19%, which is 76% below median its own 10-year median of 9.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance Global stock overvalued right now?
Based on GuruFocus' analysis, Renaissance Global (NSE:RGL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹65.08, compared to a current price of ₹121.06 — trading 86% above its estimated fair value. The current Return-on-Tangible-Equity is 2.19%, which is 76% below median its 10-year median of 9.15 and 74.1% below the Retail - Cyclical industry median of 8.45. Renaissance Global's overall GF Score™ is 55/100 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 Renaissance Global (NSE:RGL), the current Return-on-Tangible-Equity is 2.19% 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 Renaissance Global (NSE:RGL) Overvalued in 2026?
Based on GuruFocus' analysis, Renaissance Global stock appears to be overvalued.
The current stock price of ₹121.06 is trading 86% above its estimated GF Value™ of ₹65.08.
GuruFocus considers Renaissance Global to be Significantly Overvalued.
Key valuation signals for NSE:RGL:
Return-on-Tangible-Equity: 2.19% (76% below median its 10-year median of 9.15)
GF Value™: ₹65.08 vs. price of ₹121.06 (86% above fair value)
Industry Position: 74.1% below the Retail - Cyclical median (#656 of 1065)
No single metric tells the full story. See the NSE:RGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Renaissance Global Ltd is engaged in manufacturing, trading, and retail of Jewellery, Gems, Diamond, Furniture and accessories. The jewelry products include Gold, Silver, Platinum, Studded with Polished Diamonds, and Semi-precious and precious stones. Its portfolio consists of Rings, Earrings, Pendants, Bracelets, Necklaces, Bangles, Money clips, Tie pins and Cuff links, among others. The brands of the company are Irasva, Enchanted Disney and Hallmark, among others. It sells the products in India and also exports them to other countries, of which prime revenue is generated from the sales made outside of India.
55GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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