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.
Wise Travel IndiaNSE:WTICAB -5.36%47 Return-on-Tangible-Equity is 15.89% as of Mar. 2026, which is 5% above its 10-year median of 15.19. GuruFocus rates NSE:WTICAB with a GF Score™ of 47/100. The stock has 2 warning signs investors should review. Among 1,008 Business Services companies, Wise Travel India ranks better than 62.1% 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. Wise Travel India's annualized net income for the quarter that ended in Mar. 2026 was ₹307 Mil. Wise Travel India's average shareholder tangible equity for the quarter that ended in Mar. 2026 was ₹1,933 Mil. Therefore, Wise Travel India's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 15.89%.
The historical rank and industry rank for Wise Travel India's Return-on-Tangible-Equity or its related term are showing as below:
NSE:WTICAB'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.23 Med: 15.19 Max: 29.97
Current: 15.83
During the past 6 years, Wise Travel India's highest Return-on-Tangible-Equity was 29.97%. The lowest was 7.23%. And the median was 15.19%.
NSE:WTICAB's Return-on-Tangible-Equity is ranked better than 62.1% of 1008
companies
in the Business Services industry
Industry Median: 10.7
vs NSE:WTICAB: 15.83
Wise Travel India (NSE:WTICAB) 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.
Wise Travel India Return-on-Tangible-Equity Related Terms
Wise Travel India Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Wise Travel India'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:WTICAB vs URI, SUNB, AER: Return-on-Tangible-Equity Comparison
For the Rental & Leasing Services subindustry, Wise Travel India'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.
Wise Travel India Return-on-Tangible-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Wise Travel India's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Wise Travel India'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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 15.89% mean?
Wise Travel India (NSE:WTICAB) has a Return-on-Tangible-Equity of 15.89% 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 Wise Travel India and its competitors. This is near median its historical median of 15.19. Over the past decade, Wise Travel India's Return-on-Tangible-Equity has ranged from 7.23 to 29.97. According to the industry distribution chart, Wise Travel India ranks #382 out of 1008 companies in the Business Services industry, placing it in the top 37.9%.
Is Wise Travel India's Return-on-Tangible-Equity too high?
Wise Travel India's current Return-on-Tangible-Equity of 15.89% is near median its 10-year median of 15.19. Over the past 10 years, this metric has ranged from a low of 7.23 to a high of 29.97. The Business Services industry median Return-on-Tangible-Equity is 10.70. Wise Travel India's value of 15.89% is 48.5% above this industry median. Based on the distribution chart, Wise Travel India ranks #382 out of 1008 companies in the Business Services industry, which is above the industry midpoint. Overall, Wise Travel India has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Wise Travel India's Return-on-Tangible-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Wise Travel India ranks #382 out of 1008 companies for Return-on-Tangible-Equity. This puts Wise Travel India in the upper half of its industry. The industry median Return-on-Tangible-Equity is 10.70. Wise Travel India's value of 15.89% is 48.5% above this benchmark. Historically, Wise Travel India's own Return-on-Tangible-Equity has ranged from 7.23 to 29.97 over the past decade. While the company's 10-year median is 15.19 vs. the industry median of 10.70, Wise Travel India 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 Business Services company?
The median Return-on-Tangible-Equity among Business Services companies is 10.70, based on 1,008 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. Wise Travel India's current Return-on-Tangible-Equity of 15.89% is 48.5% 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 Wise Travel India and its competitors. For the Business Services industry, the median Return-on-Tangible-Equity is 10.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wise Travel India's current Return-on-Tangible-Equity is 15.89%, which is near median its own 10-year median of 15.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wise Travel India stock overvalued right now?
Wise Travel India (NSE:WTICAB) has a current Return-on-Tangible-Equity of 15.89%. The current Return-on-Tangible-Equity is 15.89%, which is near median its 10-year median of 15.19 and 48.5% above the Business Services industry median of 10.70. Wise Travel India's overall GF Score™ is 47/100 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 Wise Travel India (NSE:WTICAB), the current Return-on-Tangible-Equity is 15.89% 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.
Wise Travel India Ltd is a transportation service provider company. It offers services like Car Rental Services, Employee Transportation Services, End-to-End Employee Transport Solutions (MSP), Flexible Fixed/Monthly Rental Plans, Convenient Airport Counters, Fleet Management Services, Mobility Services for MICE, Cutting-Edge Mobility Tech Solutions, Sustainable Mobility, etc.
47GF Score
Get the complete analysis for NSE:WTICAB
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:WTICAB has been successfully added to your 
