Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI) Return-on-Tangible-Equity: 20.88% (As of Sep. 2025) — 98% Above Median

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NSE:SHUBHLAXMI Shubhlaxmi Jewel Art Ltd NSE:SHUBHLAXMI
53 GF Score
Price ₹18.10
! 5 Warning Signs
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What is Shubhlaxmi Jewel Art Return-on-Tangible-Equity?

Shubhlaxmi Jewel Art NSE:SHUBHLAXMI -4.74% 53 Return-on-Tangible-Equity is 20.88% as of Sep. 2025, which is 98% above its 10-year median of 10.54. GuruFocus rates NSE:SHUBHLAXMI with a GF Score™ of 53/100. The stock has 5 warning signs investors should review. Among 1,066 Retail - Cyclical companies, Shubhlaxmi Jewel Art ranks better than 54.32% 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. Shubhlaxmi Jewel Art's annualized net income for the quarter that ended in Sep. 2025 was ₹52.6 Mil. Shubhlaxmi Jewel Art's average shareholder tangible equity for the quarter that ended in Sep. 2025 was ₹252.1 Mil. Therefore, Shubhlaxmi Jewel Art's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was 20.88%.

The historical rank and industry rank for Shubhlaxmi Jewel Art's Return-on-Tangible-Equity or its related term are showing as below:

NSE:SHUBHLAXMI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.15   Med: 10.54   Max: 37.58
Current: 10.44

During the past 10 years, Shubhlaxmi Jewel Art's highest Return-on-Tangible-Equity was 37.58%. The lowest was 1.15%. And the median was 10.54%.

NSE:SHUBHLAXMI's Return-on-Tangible-Equity is ranked better than
54.32% of 1066 companies
in the Retail - Cyclical industry
Industry Median: 8.455 vs NSE:SHUBHLAXMI: 10.44

Shubhlaxmi Jewel Art  (NSE:SHUBHLAXMI) 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.


Shubhlaxmi Jewel Art Return-on-Tangible-Equity Related Terms


Shubhlaxmi Jewel Art Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Shubhlaxmi Jewel Art'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.

Shubhlaxmi Jewel Art Return-on-Tangible-Equity Chart

Shubhlaxmi Jewel Art Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.04 9.14 10.89 4.80 5.71

Shubhlaxmi Jewel Art Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep24 Sep25
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 5.07 6.27 10.01 20.88

NSE:SHUBHLAXMI vs TPR: Return-on-Tangible-Equity Comparison

For the Luxury Goods subindustry, Shubhlaxmi Jewel Art'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.


Shubhlaxmi Jewel Art Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shubhlaxmi Jewel Art's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Shubhlaxmi Jewel Art's Return-on-Tangible-Equity falls into.


NSE:SHUBHLAXMI
53GF Score
Shubhlaxmi Jewel Art Ltd NSE:SHUBHLAXMI
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Shubhlaxmi Jewel Art Return-on-Tangible-Equity Calculation

Shubhlaxmi Jewel Art's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=10.165/( (170.195+185.608 )/ 2 )
=10.165/177.9015
=5.71 %

Shubhlaxmi Jewel Art's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2025 )  (Q: Sep. 2024 )(Q: Sep. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2025 )  (Q: Sep. 2024 )(Q: Sep. 2025 )
=52.634/( (0+252.06)/ 1 )
=52.634/252.06
=20.88 %

* 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 (Sep. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 20.88% mean?
Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI) has a Return-on-Tangible-Equity of 20.88% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shubhlaxmi Jewel Art and its competitors. This is 98% above median its historical median of 10.54. Over the past decade, Shubhlaxmi Jewel Art's Return-on-Tangible-Equity has ranged from 1.15 to 37.58. According to the industry distribution chart, Shubhlaxmi Jewel Art ranks #487 out of 1066 companies in the Retail - Cyclical industry, placing it in the top 45.7%.
Is Shubhlaxmi Jewel Art's Return-on-Tangible-Equity too high?
Shubhlaxmi Jewel Art's current Return-on-Tangible-Equity of 20.88% is 98% above median its 10-year median of 10.54. Over the past 10 years, this metric has ranged from a low of 1.15 to a high of 37.58. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.46. Shubhlaxmi Jewel Art's value of 20.88% is 147% above this industry median. Based on the distribution chart, Shubhlaxmi Jewel Art ranks #487 out of 1066 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shubhlaxmi Jewel Art has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Shubhlaxmi Jewel Art's Return-on-Tangible-Equity compare to TPR?
According to the Retail - Cyclical industry distribution chart, Shubhlaxmi Jewel Art ranks #487 out of 1066 companies for Return-on-Tangible-Equity. This puts Shubhlaxmi Jewel Art in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.46. Shubhlaxmi Jewel Art's value of 20.88% is 147% above this benchmark. Historically, Shubhlaxmi Jewel Art's own Return-on-Tangible-Equity has ranged from 1.15 to 37.58 over the past decade. While the company's 10-year median is 10.54 vs. the industry median of 8.46, Shubhlaxmi Jewel Art 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.46, based on 1,066 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. Shubhlaxmi Jewel Art's current Return-on-Tangible-Equity of 20.88% is 147% 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 Shubhlaxmi Jewel Art and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shubhlaxmi Jewel Art's current Return-on-Tangible-Equity is 20.88%, which is 98% above median its own 10-year median of 10.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shubhlaxmi Jewel Art stock overvalued right now?
Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI) has a current Return-on-Tangible-Equity of 20.88%. The current Return-on-Tangible-Equity is 20.88%, which is 98% above median its 10-year median of 10.54 and 147% above the Retail - Cyclical industry median of 8.46. Shubhlaxmi Jewel Art's overall GF Score™ is 53/100 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 Shubhlaxmi Jewel Art (NSE:SHUBHLAXMI), the current Return-on-Tangible-Equity is 20.88% as of Sep. 2025. 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.

Shubhlaxmi Jewel Art Business Description

Address Waghawadi Road, D & I Excelus, Shop No. 1, Ground Floor, Takhteshwar, Hill Drive, Opposite Home School, Bhavnagar, GJ, IND, 364002
Shubhlaxmi Jewel Art Ltd is involved in the business of jewelry and ornaments in India. The business activities of the group include trading and third-party manufacturing of gold ornaments, gold bars, silver ornaments, gold jewelry, and diamond jewelry of various designs and specifications. Its portfolio includes necklaces, mangalsutras, patlas, chains, malas, kandoros, ponchos, payals, rings, armlets, pendants, nose rings, bracelets, bangles, and other wedding jewelry.
53GF 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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