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Sambhv Steel TubesNSE:SAMBHV +0.06%18 Return-on-Tangible-Equity is 20.25% as of Mar. 2026, which is 20% below its 10-year median of 25.42. GuruFocus rates NSE:SAMBHV with a GF Score™ of 18/100. The stock has 3 warning signs investors should review. Among 615 Steel companies, Sambhv Steel Tubes ranks better than 77.24% 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. Sambhv Steel Tubes's annualized net income for the quarter that ended in Mar. 2026 was ₹2,132 Mil. Sambhv Steel Tubes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹10,530 Mil. Therefore, Sambhv Steel Tubes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 20.25%.
The historical rank and industry rank for Sambhv Steel Tubes's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SAMBHV'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 10.67 Med: 25.42 Max: 48.36
Current: 10.67
During the past 5 years, Sambhv Steel Tubes's highest Return-on-Tangible-Equity was 48.36%. The lowest was 10.67%. And the median was 25.42%.
NSE:SAMBHV's Return-on-Tangible-Equity is ranked better than 77.24% of 615
companies
in the Steel industry
Industry Median: 4.05
vs NSE:SAMBHV: 10.67
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.
Sambhv Steel Tubes Return-on-Tangible-Equity Related Terms
Sambhv Steel Tubes Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Sambhv Steel Tubes'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.
NSE:SAMBHV vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Sambhv Steel Tubes'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.
Sambhv Steel Tubes Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Sambhv Steel Tubes's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Sambhv Steel Tubes'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 20.25% mean?
Sambhv Steel Tubes (NSE:SAMBHV) has a Return-on-Tangible-Equity of 20.25% 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 Sambhv Steel Tubes and its competitors. This is 20% below median its historical median of 25.42. Over the past decade, Sambhv Steel Tubes' Return-on-Tangible-Equity has ranged from 10.67 to 48.36. According to the industry distribution chart, Sambhv Steel Tubes ranks #140 out of 615 companies in the Steel industry, placing it in the top 22.8%.
Is Sambhv Steel Tubes' Return-on-Tangible-Equity too high?
Sambhv Steel Tubes' current Return-on-Tangible-Equity of 20.25% is 20% below median its 10-year median of 25.42. Over the past 10 years, this metric has ranged from a low of 10.67 to a high of 48.36. The Steel industry median Return-on-Tangible-Equity is 4.05. Sambhv Steel Tubes' value of 20.25% is 400% above this industry median. Based on the distribution chart, Sambhv Steel Tubes ranks #140 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Sambhv Steel Tubes has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Sambhv Steel Tubes' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Sambhv Steel Tubes ranks #140 out of 615 companies for Return-on-Tangible-Equity. This places Sambhv Steel Tubes in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.05. Sambhv Steel Tubes' value of 20.25% is 400% above this benchmark. Historically, Sambhv Steel Tubes' own Return-on-Tangible-Equity has ranged from 10.67 to 48.36 over the past decade. While the company's 10-year median is 25.42 vs. the industry median of 4.05, Sambhv Steel Tubes 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 Steel company?
The median Return-on-Tangible-Equity among Steel companies is 4.05, based on 615 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. Sambhv Steel Tubes's current Return-on-Tangible-Equity of 20.25% is 400% 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 Sambhv Steel Tubes and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 4.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sambhv Steel Tubes's current Return-on-Tangible-Equity is 20.25%, which is 20% below median its own 10-year median of 25.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sambhv Steel Tubes stock overvalued right now?
Sambhv Steel Tubes (NSE:SAMBHV) has a current Return-on-Tangible-Equity of 20.25%. The current Return-on-Tangible-Equity is 20.25%, which is 20% below median its 10-year median of 25.42 and 400% above the Steel industry median of 4.05. Sambhv Steel Tubes' overall GF Score™ is 18/100 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 Sambhv Steel Tubes (NSE:SAMBHV), the current Return-on-Tangible-Equity is 20.25% 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.
Sambhv Steel Tubes Ltd manufactures electric resistance welded steel pipes and structural tubes (hollow section) in India. The company's backward integration processes allow it to manufacture a range of finished products including ERW black pipes and tubes (hollow section), pre-galvanized pipes, Cold Rolled Full Hard Pipes, and galvanized iron pipes and steel door frames, using intermediate products such as sponge iron, blooms/slabs and hot rolled coil, cold rolled coil (mild steel) and GP coils. Its products are used in wide applications across multiple sectors, including housing and infrastructure, water transportation, agriculture, automobile, telecommunications, oil and gas, engineering, solar energy, fire-fighting systems, and for support structures of conveyors.
18GF Score
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