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. Octave Specialty Group's annualized net income for the quarter that ended in Mar. 2026 was $-27.4 Mil. Octave Specialty Group's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-289.4 Mil. Therefore, Octave Specialty Group's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was N/A%.
The historical rank and industry rank for Octave Specialty Group's Return-on-Tangible-Equity or its related term are showing as below:
During the past 13 years, Octave Specialty Group's highest Return-on-Tangible-Equity was 69.73%. The lowest was -87.91%. And the median was -2.71%.
OSG's Return-on-Tangible-Equity is not ranked *
in the Insurance industry.
Industry Median: 13.515 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Octave Specialty Group (NYSE:OSG) 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.
Octave Specialty Group Return-on-Tangible-Equity Related Terms
Octave Specialty Group Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Octave Specialty Group'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.
Octave Specialty Group Return-on-Tangible-Equity Chart
OSG vs MBI, JRVR, FACO: Return-on-Tangible-Equity Comparison
For the Insurance - Specialty subindustry, Octave Specialty Group'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.
Octave Specialty Group Return-on-Tangible-Equity vs Insurance Industry
For the Insurance industry and Financial Services sector, Octave Specialty Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Octave Specialty Group'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 0.00% mean?
Octave Specialty Group (OSG) has a Return-on-Tangible-Equity of 0.00% 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 Octave Specialty Group and its competitors. According to the industry distribution chart, Octave Specialty Group ranks #999999 out of 500 companies in the Insurance industry.
Is Octave Specialty Group's Return-on-Tangible-Equity too high?
Octave Specialty Group's current Return-on-Tangible-Equity is 0.00%. Based on the distribution chart, Octave Specialty Group ranks #999999 out of 500 companies in the Insurance industry, which is in the bottom quartile relative to peers. Overall, Octave Specialty Group has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Octave Specialty Group's Return-on-Tangible-Equity compare to MBI and JRVR?
According to the Insurance industry distribution chart, Octave Specialty Group ranks #999999 out of 500 companies for Return-on-Tangible-Equity. This places Octave Specialty Group in the lower half of its industry. The industry median Return-on-Tangible-Equity is 13.52. 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.52, based on 500 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. 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 Octave Specialty Group and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octave Specialty Group's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Specialty Group stock overvalued right now?
Based on GuruFocus' analysis, Octave Specialty Group (OSG) is currently considered Modestly Undervalued. The stock's GF Value™ is $7.46, compared to a current price of $6.39 — trading 14.4% below its estimated fair value. The current Return-on-Tangible-Equity is 0.00%. Octave Specialty Group's overall GF Score™ is 62/100. 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 Octave Specialty Group (OSG), the current Return-on-Tangible-Equity is 0.00% 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 Octave Specialty Group (OSG) Overvalued in 2026?
Based on GuruFocus' analysis, Octave Specialty Group stock appears to be undervalued.
The current stock price of $6.39 is trading 14.4% below its estimated GF Value™ of $7.46.
GuruFocus considers Octave Specialty Group to be Modestly Undervalued.
Key valuation signals for OSG:
Return-on-Tangible-Equity: 0.00%
GF Value™: $7.46 vs. price of $6.39 (14.4% below fair value)
No single metric tells the full story. See the OSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Octave Specialty Group Inc is a world-wide specialty insurance firm that provides strategic direction, risk oversight, data and technology solutions, and capital support to MGA businesses operating across the U.S., U.K., and Bermuda. The company operates in two segments: Specialty Property and Casualty Insurance and ID.
62GF Score
Get the complete analysis for OSG
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
OSG has been successfully added to your 
