Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
SBI Cards and Payment ServicesNSE:SBICARD -0.77%65 Return-on-Tangible-Equity is 15.57% as of Mar. 2026, which is 37% below its 10-year median of 24.56. GuruFocus rates NSE:SBICARD with a GF Score™ of 65/100 and a GF Value™ of ₹1,025.51 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 526 Credit Services companies, SBI Cards and Payment Services ranks better than 75.48% 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. SBI Cards and Payment Services's annualized net income for the quarter that ended in Mar. 2026 was ₹24,372 Mil. SBI Cards and Payment Services's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹156,524 Mil. Therefore, SBI Cards and Payment Services's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.57%.
The historical rank and industry rank for SBI Cards and Payment Services's Return-on-Tangible-Equity or its related term are showing as below:
NSE:SBICARD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 14.76 Med: 24.56 Max: 32.18
Current: 14.76
During the past 10 years, SBI Cards and Payment Services's highest Return-on-Tangible-Equity was 32.18%. The lowest was 14.76%. And the median was 24.56%.
NSE:SBICARD's Return-on-Tangible-Equity is ranked better than 75.48% of 526
companies
in the Credit Services industry
Industry Median: 7.03
vs NSE:SBICARD: 14.76
SBI Cards and Payment Services (NSE:SBICARD) 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.
SBI Cards and Payment Services Return-on-Tangible-Equity Related Terms
SBI Cards and Payment Services 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.
SBI Cards and Payment Services Return-on-Tangible-Equity Chart
NSE:SBICARD vs V, MA, AXP: Return-on-Tangible-Equity Comparison
For the Credit Services subindustry, SBI Cards and Payment Services'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.
SBI Cards and Payment Services Return-on-Tangible-Equity vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SBI Cards and Payment Services's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where SBI Cards and Payment Services'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 15.57% mean?
SBI Cards and Payment Services (NSE:SBICARD) has a Return-on-Tangible-Equity of 15.57% 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 SBI Cards and Payment Services and its competitors. This is 37% below median its historical median of 24.56. Over the past decade, SBI Cards and Payment Services' Return-on-Tangible-Equity has ranged from 14.76 to 32.18. According to the industry distribution chart, SBI Cards and Payment Services ranks #129 out of 526 companies in the Credit Services industry, placing it in the top 24.5%.
Is SBI Cards and Payment Services' Return-on-Tangible-Equity too high?
SBI Cards and Payment Services' current Return-on-Tangible-Equity of 15.57% is 37% below median its 10-year median of 24.56. Over the past 10 years, this metric has ranged from a low of 14.76 to a high of 32.18. The Credit Services industry median Return-on-Tangible-Equity is 7.03. SBI Cards and Payment Services' value of 15.57% is 121.5% above this industry median. Based on the distribution chart, SBI Cards and Payment Services ranks #129 out of 526 companies in the Credit Services industry, which is in the top quartile — a strong position relative to peers. Overall, SBI Cards and Payment Services has a GF Score™ of 65/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SBI Cards and Payment Services' Return-on-Tangible-Equity compare to V and MA?
According to the Credit Services industry distribution chart, SBI Cards and Payment Services ranks #129 out of 526 companies for Return-on-Tangible-Equity. This places SBI Cards and Payment Services in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.03. SBI Cards and Payment Services' value of 15.57% is 121.5% above this benchmark. Historically, SBI Cards and Payment Services' own Return-on-Tangible-Equity has ranged from 14.76 to 32.18 over the past decade. While the company's 10-year median is 24.56 vs. the industry median of 7.03, SBI Cards and Payment Services 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 Credit Services company?
The median Return-on-Tangible-Equity among Credit Services companies is 7.03, based on 526 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. SBI Cards and Payment Services's current Return-on-Tangible-Equity of 15.57% is 121.5% 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 SBI Cards and Payment Services and its competitors. For the Credit Services industry, the median Return-on-Tangible-Equity is 7.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBI Cards and Payment Services's current Return-on-Tangible-Equity is 15.57%, which is 37% below median its own 10-year median of 24.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBI Cards and Payment Services stock overvalued right now?
Based on GuruFocus' analysis, SBI Cards and Payment Services (NSE:SBICARD) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹1,025.51, compared to a current price of ₹622.05 — trading 39.3% below its estimated fair value. The current Return-on-Tangible-Equity is 15.57%, which is 37% below median its 10-year median of 24.56 and 121.5% above the Credit Services industry median of 7.03. SBI Cards and Payment Services' overall GF Score™ is 65/100 with 2 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 SBI Cards and Payment Services (NSE:SBICARD), the current Return-on-Tangible-Equity is 15.57% 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 SBI Cards and Payment Services (NSE:SBICARD) Overvalued in 2026?
Based on GuruFocus' analysis, SBI Cards and Payment Services stock appears to be undervalued.
The current stock price of ₹622.05 is trading 39.3% below its estimated GF Value™ of ₹1,025.51.
GuruFocus considers SBI Cards and Payment Services to be Significantly Undervalued.
Key valuation signals for NSE:SBICARD:
Return-on-Tangible-Equity: 15.57% (37% below median its 10-year median of 24.56)
GF Value™: ₹1,025.51 vs. price of ₹622.05 (39.3% below fair value)
Industry Position: 121.5% above the Credit Services median (#129 of 526)
No single metric tells the full story. See the NSE:SBICARD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBI Cards and Payment Services Business Description
SBI Cards and Payment Services Ltd is a credit card issuer in India. The company offers a credit card portfolio to individual cardholders and corporate clients, including lifestyle, rewards, travel and fuel, shopping, banking partnership cards, and corporate cards covering all cardholder segments in terms of income profiles and lifestyles. It offers four primary SBI Card-branded credit cards SimplySave, SimplyClick, Prime, and Elite, each catering to a varying set of cardholder needs. The company earns revenue from selling credit card memberships to card holders, and income earned from the provision of membership services.
65GF Score
Get the complete analysis for NSE:SBICARD
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:SBICARD has been successfully added to your 
