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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. Shine Resunga Development Bank's annualized net income for the quarter that ended in Apr. 2026 was NPR1,536 Mil. Shine Resunga Development Bank's average shareholder tangible equity for the quarter that ended in Apr. 2026 was NPR7,388 Mil. Therefore, Shine Resunga Development Bank's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2026 was 20.80%.
The historical rank and industry rank for Shine Resunga Development Bank's Return-on-Tangible-Equity or its related term are showing as below:
XNEP:SHINE'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.22 Med: 13.27 Max: 24.25
Current: 13.19
During the past 13 years, Shine Resunga Development Bank's highest Return-on-Tangible-Equity was 24.25%. The lowest was 9.22%. And the median was 13.27%.
XNEP:SHINE's Return-on-Tangible-Equity is ranked better than 61.96% of 1522
companies
in the Banks industry
Industry Median: 11.375
vs XNEP:SHINE: 13.19
Shine Resunga Development Bank (XNEP:SHINE) 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.
Shine Resunga Development Bank Return-on-Tangible-Equity Related Terms
Shine Resunga Development Bank Return-on-Tangible-Equity Historical Data
* 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.
Shine Resunga Development Bank Return-on-Tangible-Equity Chart
Shine Resunga Development Bank Return-on-Tangible-Equity Competitor Comparison
For the Banks - Regional subindustry, Shine Resunga Development Bank'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.
Shine Resunga Development Bank Return-on-Tangible-Equity vs Banks Industry
For the Banks industry and Financial Services sector, Shine Resunga Development Bank's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Shine Resunga Development Bank'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 (Apr. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 20.80% mean?
Shine Resunga Development Bank (XNEP:SHINE) has a Return-on-Tangible-Equity of 20.80% as of Apr. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Shine Resunga Development Bank and its competitors. This is 57% above median its historical median of 13.27. Over the past decade, Shine Resunga Development Bank's Return-on-Tangible-Equity has ranged from 9.22 to 24.25. According to the industry distribution chart, Shine Resunga Development Bank ranks #579 out of 1522 companies in the Banks industry, placing it in the top 38%.
Is Shine Resunga Development Bank's Return-on-Tangible-Equity too high?
Shine Resunga Development Bank's current Return-on-Tangible-Equity of 20.80% is 57% above median its 10-year median of 13.27. Over the past 10 years, this metric has ranged from a low of 9.22 to a high of 24.25. The Banks industry median Return-on-Tangible-Equity is 11.38. Shine Resunga Development Bank's value of 20.80% is 82.9% above this industry median. Based on the distribution chart, Shine Resunga Development Bank ranks #579 out of 1522 companies in the Banks industry, which is above the industry midpoint. Overall, Shine Resunga Development Bank has a GF Score™ of 100/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shine Resunga Development Bank's Return-on-Tangible-Equity compare to competitors?
According to the Banks industry distribution chart, Shine Resunga Development Bank ranks #579 out of 1522 companies for Return-on-Tangible-Equity. This puts Shine Resunga Development Bank in the upper half of its industry. The industry median Return-on-Tangible-Equity is 11.38. Shine Resunga Development Bank's value of 20.80% is 82.9% above this benchmark. Historically, Shine Resunga Development Bank's own Return-on-Tangible-Equity has ranged from 9.22 to 24.25 over the past decade. While the company's 10-year median is 13.27 vs. the industry median of 11.38, Shine Resunga Development Bank 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 Banks company?
The median Return-on-Tangible-Equity among Banks companies is 11.38, based on 1,522 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. Shine Resunga Development Bank's current Return-on-Tangible-Equity of 20.80% is 82.9% 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 Shine Resunga Development Bank and its competitors. For the Banks industry, the median Return-on-Tangible-Equity is 11.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shine Resunga Development Bank's current Return-on-Tangible-Equity is 20.80%, which is 57% above median its own 10-year median of 13.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shine Resunga Development Bank stock overvalued right now?
Based on GuruFocus' analysis, Shine Resunga Development Bank (XNEP:SHINE) is currently considered Modestly Undervalued. The stock's GF Value™ is NPR471.37, compared to a current price of NPR413.00 — trading 12.4% below its estimated fair value. The current Return-on-Tangible-Equity is 20.80%, which is 57% above median its 10-year median of 13.27 and 82.9% above the Banks industry median of 11.38. Shine Resunga Development Bank's overall GF Score™ is 100/100 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 Shine Resunga Development Bank (XNEP:SHINE), the current Return-on-Tangible-Equity is 20.80% as of Apr. 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 Shine Resunga Development Bank (XNEP:SHINE) Overvalued in 2026?
Based on GuruFocus' analysis, Shine Resunga Development Bank stock appears to be undervalued.
The current stock price of NPR413.00 is trading 12.4% below its estimated GF Value™ of NPR471.37.
GuruFocus considers Shine Resunga Development Bank to be Modestly Undervalued.
Key valuation signals for XNEP:SHINE:
Return-on-Tangible-Equity: 20.80% (57% above median its 10-year median of 13.27)
GF Value™: NPR471.37 vs. price of NPR413.00 (12.4% below fair value)
Industry Position: 82.9% above the Banks median (#579 of 1522)
No single metric tells the full story. See the XNEP:SHINE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shine Resunga Development Bank Ltd is a regional development bank in Nepal. The company offers products and services including saving deposits, fixed deposits, call current, business loans, consumer loans, and others. The maximum revenue from Nepal itself is from Lumbini Province.
100GF Score
Get the complete analysis for XNEP:SHINE
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