Emerald Tyre Manufacturers (NSE:ETML) 1-Year Sharpe Ratio: -1.24 (As of Aug. 31, 2026)

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NSE:ETML Emerald Tyre Manufacturers Ltd NSE:ETML
17 GF Score
Price ₹81.70
! 3 Warning Signs
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What is Emerald Tyre Manufacturers 1-Year Sharpe Ratio?

Emerald Tyre Manufacturers NSE:ETML -1.39% 17 1-Year Sharpe Ratio is -1.24 as of Aug. 31, 2026. GuruFocus rates NSE:ETML with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

The 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk over the past year. As of today (2026-08-31), Emerald Tyre Manufacturers's 1-Year Sharpe Ratio is -1.24.

Emerald Tyre Manufacturers  (NSE:ETML) 1-Year Sharpe Ratio Explanation

The 1-Year Sharpe Ratio inidicates the risk-adjusted return of an investment over the past year. It is calculated as the annualized result of the average monthly excess return divided by its standard deviation over the past year. The monthly excess return is the monthly investment return minus the monthly risk-free rate (typically the 10-year Treasury Constant Maturity Rate). If the risk-free rate for a specific region is not available, U.S. data is used by default.

The greater a portfolio's Sharpe Ratio, the better its risk-adjusted performance. A negative Sharpe Ratio means the risk-free rate is greater than the portfolio’s historical or projected return, or else the portfolio's return is expected to be negative.

Emerald Tyre Manufacturers 1-Year Sharpe Ratio Related Terms

NSE:ETML vs ORLY, AZO, GPC: 1-Year Sharpe Ratio Comparison

For the Auto Parts subindustry, Emerald Tyre Manufacturers's 1-Year Sharpe Ratio, along with its competitors' market caps and 1-Year Sharpe Ratio 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.

Emerald Tyre Manufacturers 1-Year Sharpe Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Emerald Tyre Manufacturers's 1-Year Sharpe Ratio distribution charts can be found below:

* The bar in red indicates where Emerald Tyre Manufacturers's 1-Year Sharpe Ratio falls into.


NSE:ETML
17GF Score
Emerald Tyre Manufacturers Ltd NSE:ETML
1-Year Sharpe Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerald Tyre Manufacturers 1-Year Sharpe Ratio Calculation

The 1-Year Sharpe Ratio measures the performance of an investment such as a stock or portfolio compared to a risk-free asset. A stock / portfolio's 1-Year Sharpe Ratio can be calculated by dividing the difference between the one-year returns of the investment and the risk-free rate, by the standard deviation of the investment returns over one year.

Frequently Asked Questions Learn more about 1-Year Sharpe Ratio →
What does a 1-Year Sharpe Ratio of -1.24 mean?
Emerald Tyre Manufacturers (NSE:ETML) has a 1-Year Sharpe Ratio of -1.24 as of Aug. 31, 2026. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Emerald Tyre Manufacturers and its competitors.
Is Emerald Tyre Manufacturers' 1-Year Sharpe Ratio too high?
Emerald Tyre Manufacturers' current 1-Year Sharpe Ratio is -1.24. Overall, Emerald Tyre Manufacturers has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Emerald Tyre Manufacturers' 1-Year Sharpe Ratio compare to ORLY and AZO?
Emerald Tyre Manufacturers' 1-Year Sharpe Ratio of -1.24 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 1-Year Sharpe Ratio for a Vehicles & Parts company?
A good 1-Year Sharpe Ratio depends on the Vehicles & Parts industry context. However, 1-Year Sharpe Ratio 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 1-Year Sharpe Ratio mean?
A high 1-Year Sharpe Ratio can signal that a stock is expensive relative to its fundamentals. 1-Year Sharpe Ratio measures the additional return that an investor receives per unit of increase in risk. View historical data for Emerald Tyre Manufacturers and its competitors. Emerald Tyre Manufacturers's current 1-Year Sharpe Ratio is -1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerald Tyre Manufacturers stock overvalued right now?
Emerald Tyre Manufacturers (NSE:ETML) has a current 1-Year Sharpe Ratio of -1.24. The current 1-Year Sharpe Ratio is -1.24. Emerald Tyre Manufacturers' overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 1-Year Sharpe Ratio calculated?
1-Year Sharpe Ratio is calculated from a company's financial statements. For Emerald Tyre Manufacturers (NSE:ETML), the current 1-Year Sharpe Ratio is -1.24 as of Aug. 31, 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.

Emerald Tyre Manufacturers Business Description

Address Second Street Porur Gardens, Emerald House, Plot No.2, Phase-I, Vanagaram, Tiruvallur, Poonamallee, TN, IND, 600095
Emerald Tyre Manufacturers Ltd is engaged in the Business of Manufacturing, Supplying and Services for a comprehensive range of tyres for material handling applications, like forklifts, skid loaders, ground support equipment of Airports, Port trailers, agri implements, lawn and garden mowers, mining equipment, aerial work platform trucks, backhoe loaders, etc.
17GF Score

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1-Year Sharpe Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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