VIP ClothingNSE:VIPCLOTHNG -3.16%59 Return-on-Tangible-Equity is 14.15% as of Mar. 2026. GuruFocus rates NSE:VIPCLOTHNG with a GF Score™ of 59/100 and a GF Value™ of ₹45.63 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,017 Manufacturing - Apparel & Accessories companies, VIP Clothing ranks better than 64.9% 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. VIP Clothing's annualized net income for the quarter that ended in Mar. 2026 was ₹177 Mil. VIP Clothing's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,250 Mil. Therefore, VIP Clothing's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 14.15%.
The historical rank and industry rank for VIP Clothing's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VIPCLOTHNG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21.54 Med: -4.29 Max: 9.1
Current: 8.18
During the past 13 years, VIP Clothing's highest Return-on-Tangible-Equity was 9.10%. The lowest was -21.54%. And the median was -4.29%.
NSE:VIPCLOTHNG's Return-on-Tangible-Equity is ranked better than 64.9% of 1017
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 4.47
vs NSE:VIPCLOTHNG: 8.18
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.
VIP Clothing Return-on-Tangible-Equity Related Terms
VIP Clothing Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for VIP Clothing'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:VIPCLOTHNG vs RL, LEVI, VFC: Return-on-Tangible-Equity Comparison
For the Apparel Manufacturing subindustry, VIP Clothing'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.
VIP Clothing Return-on-Tangible-Equity vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, VIP Clothing's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where VIP Clothing'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 14.15% mean?
VIP Clothing (NSE:VIPCLOTHNG) has a Return-on-Tangible-Equity of 14.15% 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 VIP Clothing and its competitors. According to the industry distribution chart, VIP Clothing ranks #357 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 35.1%.
Is VIP Clothing's Return-on-Tangible-Equity too high?
VIP Clothing's current Return-on-Tangible-Equity is 14.15%. The Manufacturing - Apparel & Accessories industry median Return-on-Tangible-Equity is 4.47. VIP Clothing's value of 14.15% is 216.6% above this industry median. Based on the distribution chart, VIP Clothing ranks #357 out of 1017 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, VIP Clothing has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VIP Clothing's Return-on-Tangible-Equity compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, VIP Clothing ranks #357 out of 1017 companies for Return-on-Tangible-Equity. This puts VIP Clothing in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.47. VIP Clothing's value of 14.15% is 216.6% above this benchmark. 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 Manufacturing - Apparel & Accessories company?
The median Return-on-Tangible-Equity among Manufacturing - Apparel & Accessories companies is 4.47, based on 1,017 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. VIP Clothing's current Return-on-Tangible-Equity of 14.15% is 216.6% 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 VIP Clothing and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Return-on-Tangible-Equity is 4.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. VIP Clothing's current Return-on-Tangible-Equity is 14.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Clothing stock overvalued right now?
Based on GuruFocus' analysis, VIP Clothing (NSE:VIPCLOTHNG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹45.63, compared to a current price of ₹25.11 — trading 45% below its estimated fair value. The current Return-on-Tangible-Equity is 14.15% and 216.6% above the Manufacturing - Apparel & Accessories industry median of 4.47. VIP Clothing's overall GF Score™ is 59/100 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 VIP Clothing (NSE:VIPCLOTHNG), the current Return-on-Tangible-Equity is 14.15% 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 VIP Clothing (NSE:VIPCLOTHNG) Overvalued in 2026?
Based on GuruFocus' analysis, VIP Clothing stock appears to be undervalued.
The current stock price of ₹25.11 is trading 45% below its estimated GF Value™ of ₹45.63.
GuruFocus considers VIP Clothing to be Significantly Undervalued.
Key valuation signals for NSE:VIPCLOTHNG:
Return-on-Tangible-Equity: 14.15%
GF Value™: ₹45.63 vs. price of ₹25.11 (45% below fair value)
Industry Position: 216.6% above the Manufacturing - Apparel & Accessories median (#357 of 1017)
No single metric tells the full story. See the NSE:VIPCLOTHNG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
VIP Clothing Ltd is an Indian company which is active in manufacturing innerwear and socks under the brand VIP Inners, Frenchie, Frenchie X, VIP Leader, and VIP Feelings and all of their sub-brands for men and women. The company has one operating segment, namely Hosiery and others. Geographically the company generates the majority of their revenue within India.
59GF Score
Get the complete analysis for NSE:VIPCLOTHNG
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