Vibhor Steel TubesNSE:VSTL +1.10%44 Return-on-Tangible-Equity is 5.23% as of Mar. 2026, which is 46% below its 10-year median of 9.76. GuruFocus rates NSE:VSTL with a GF Score™ of 44/100. The stock has 3 warning signs investors should review. Among 614 Steel companies, Vibhor Steel Tubes ranks better than 54.23% 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. Vibhor Steel Tubes's annualized net income for the quarter that ended in Mar. 2026 was ₹103 Mil. Vibhor Steel Tubes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,970 Mil. Therefore, Vibhor Steel Tubes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 5.23%.
The historical rank and industry rank for Vibhor Steel Tubes's Return-on-Tangible-Equity or its related term are showing as below:
NSE:VSTL'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 1.14 Med: 9.76 Max: 25.51
Current: 4.57
During the past 6 years, Vibhor Steel Tubes's highest Return-on-Tangible-Equity was 25.51%. The lowest was 1.14%. And the median was 9.76%.
NSE:VSTL's Return-on-Tangible-Equity is ranked better than 54.23% of 614
companies
in the Steel industry
Industry Median: 3.95
vs NSE:VSTL: 4.57
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.
Vibhor Steel Tubes Return-on-Tangible-Equity Related Terms
Vibhor Steel Tubes Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Vibhor 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:VSTL vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, Vibhor 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.
Vibhor Steel Tubes Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Vibhor Steel Tubes's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Vibhor 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 5.23% mean?
Vibhor Steel Tubes (NSE:VSTL) has a Return-on-Tangible-Equity of 5.23% 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 Vibhor Steel Tubes and its competitors. This is 46% below median its historical median of 9.76. Over the past decade, Vibhor Steel Tubes' Return-on-Tangible-Equity has ranged from 1.14 to 25.51. According to the industry distribution chart, Vibhor Steel Tubes ranks #281 out of 614 companies in the Steel industry, placing it in the top 45.8%.
Is Vibhor Steel Tubes' Return-on-Tangible-Equity too high?
Vibhor Steel Tubes' current Return-on-Tangible-Equity of 5.23% is 46% below median its 10-year median of 9.76. Over the past 10 years, this metric has ranged from a low of 1.14 to a high of 25.51. The Steel industry median Return-on-Tangible-Equity is 3.95. Vibhor Steel Tubes' value of 5.23% is 32.4% above this industry median. Based on the distribution chart, Vibhor Steel Tubes ranks #281 out of 614 companies in the Steel industry, which is above the industry midpoint. Overall, Vibhor Steel Tubes has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vibhor Steel Tubes' Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Vibhor Steel Tubes ranks #281 out of 614 companies for Return-on-Tangible-Equity. This puts Vibhor Steel Tubes in the upper half of its industry. The industry median Return-on-Tangible-Equity is 3.95. Vibhor Steel Tubes' value of 5.23% is 32.4% above this benchmark. Historically, Vibhor Steel Tubes' own Return-on-Tangible-Equity has ranged from 1.14 to 25.51 over the past decade. While the company's 10-year median is 9.76 vs. the industry median of 3.95, Vibhor 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 3.95, based on 614 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. Vibhor Steel Tubes's current Return-on-Tangible-Equity of 5.23% is 32.4% 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 Vibhor Steel Tubes and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vibhor Steel Tubes's current Return-on-Tangible-Equity is 5.23%, which is 46% below median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibhor Steel Tubes stock overvalued right now?
Vibhor Steel Tubes (NSE:VSTL) has a current Return-on-Tangible-Equity of 5.23%. The current Return-on-Tangible-Equity is 5.23%, which is 46% below median its 10-year median of 9.76 and 32.4% above the Steel industry median of 3.95. Vibhor Steel Tubes' overall GF Score™ is 44/100 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 Vibhor Steel Tubes (NSE:VSTL), the current Return-on-Tangible-Equity is 5.23% 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.
Vibhor Steel Tubes Ltd is a manufacturer and exporter of Mild Steel/Carbon Steel ERW Black and Galvanized Pipes, Hallow Steel Pipe, Cold rolled Steel (CR) Strips/ Coils. Steel pipes and tubes are used pipes for frames and shafts, steel pipes for bicycle frames, steel pipes for furniture, CDW pipes for shockers, steel pipes for various structural purposes, steel pipes for various engineering purposes, and others.
44GF Score
Get the complete analysis for NSE:VSTL
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:VSTL has been successfully added to your 
