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.
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. Voler Car's annualized net income for the quarter that ended in Mar. 2025 was ₹40.3 Mil. Voler Car's average shareholder tangible equity for the quarter that ended in Mar. 2025 was ₹239.8 Mil. Therefore, Voler Car's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 16.79%.
The historical rank and industry rank for Voler Car's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VOLERCAR's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 10.79 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Voler Car (NSE:VOLERCAR) 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.
Voler Car Return-on-Tangible-Equity Related Terms
Voler Car Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Voler Car'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.
Voler Car Return-on-Tangible-Equity Chart
Voler Car Annual Data
Trend
Mar22
Mar23
Mar24
Mar25
Return-on-Tangible-Equity
Negative Tangible Equity
Negative Tangible Equity
691.05
22.53
Voler Car Semi-Annual Data
Mar22
Mar23
Mar24
Sep24
Mar25
Return-on-Tangible-Equity
0.00
0.00
0.00
71.87
16.79
NSE:VOLERCAR vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Voler Car'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.
Voler Car Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Voler Car's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Voler Car'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 two times the semi-annual (Mar. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 16.79% mean?
Voler Car (NSE:VOLERCAR) has a Return-on-Tangible-Equity of 16.79% as of Mar. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Voler Car and its competitors.
Is Voler Car's Return-on-Tangible-Equity too high?
Voler Car's current Return-on-Tangible-Equity is 16.79%. The Business Services industry median Return-on-Tangible-Equity is 10.79. Voler Car's value of 16.79% is 55.6% above this industry median. Overall, Voler Car has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Voler Car's Return-on-Tangible-Equity compare to URI and SUNB?
Voler Car's Return-on-Tangible-Equity of 16.79% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Equity is 10.79. Voler Car's value of 16.79% is 55.6% 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.79, based on 1,013 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. Voler Car's current Return-on-Tangible-Equity of 16.79% is 55.6% 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 Voler Car and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voler Car's current Return-on-Tangible-Equity is 16.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voler Car stock overvalued right now?
Voler Car (NSE:VOLERCAR) has a current Return-on-Tangible-Equity of 16.79%. The current Return-on-Tangible-Equity is 16.79% and 55.6% above the Business Services industry median of 10.79. Voler Car's overall GF Score™ is 19/100. 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 Voler Car (NSE:VOLERCAR), the current Return-on-Tangible-Equity is 16.79% as of Mar. 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.
Voler Car Ltd is engaged in the business of public carriers, transporters and passenger transportation services. The company is into business of road transport, to own, run, operate, manage buses, coaches, motor vehicles, tankers trailers, oil containers, wagons, lorries, cars, and all kinds of vehicles for providing facility to passengers of all categories, staff of different organisations.
19GF Score
Get the complete analysis for NSE:VOLERCAR
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:VOLERCAR has been successfully added to your 
