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Panasonic Carbon India CoBOM:508941 +0.15%71 Return-on-Tangible-Asset is 8.80% as of Jun. 2026, which is 27% below its 10-year median of 12.10. GuruFocus rates BOM:508941 with a GF Score™ of 71/100 and a GF Value™ of ₹471.56 (Fairly Valued). The stock has 2 warning signs investors should review. Among 2,499 Hardware companies, Panasonic Carbon India Co ranks better than 85.15% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Panasonic Carbon India Co's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹170.3 Mil. Panasonic Carbon India Co's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,935.6 Mil. Therefore, Panasonic Carbon India Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 8.80%.
The historical rank and industry rank for Panasonic Carbon India Co's Return-on-Tangible-Asset or its related term are showing as below:
BOM:508941'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.8 Med: 12.1 Max: 17.66
Current: 10.32
During the past 13 years, Panasonic Carbon India Co's highest Return-on-Tangible-Asset was 17.66%. The lowest was 8.80%. And the median was 12.10%.
BOM:508941's Return-on-Tangible-Asset is ranked better than 85.15% of 2499
companies
in the Hardware industry
Industry Median: 2.69
vs BOM:508941: 10.32
Panasonic Carbon India Co (BOM:508941) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Panasonic Carbon India Co Return-on-Tangible-Asset Related Terms
Panasonic Carbon India Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Panasonic Carbon India Co's Return-on-Tangible-Asset 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.
Panasonic Carbon India Co Return-on-Tangible-Asset Chart
BOM:508941 vs APH, GLW, TEL: Return-on-Tangible-Asset Comparison
For the Electronic Components subindustry, Panasonic Carbon India Co's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Panasonic Carbon India Co Return-on-Tangible-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Panasonic Carbon India Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Panasonic Carbon India Co's Return-on-Tangible-Asset 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.80% mean?
Panasonic Carbon India Co (BOM:508941) has a Return-on-Tangible-Asset of 8.80% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Panasonic Carbon India Co and its competitors. This is 27% below median its historical median of 12.10. Over the past decade, Panasonic Carbon India Co's Return-on-Tangible-Asset has ranged from 8.80 to 17.66. According to the industry distribution chart, Panasonic Carbon India Co ranks #371 out of 2499 companies in the Hardware industry, placing it in the top 14.8%.
Is Panasonic Carbon India Co's Return-on-Tangible-Asset too high?
Panasonic Carbon India Co's current Return-on-Tangible-Asset of 8.80% is 27% below median its 10-year median of 12.10. Over the past 10 years, this metric has ranged from a low of 8.80 to a high of 17.66. The Hardware industry median Return-on-Tangible-Asset is 2.69. Panasonic Carbon India Co's value of 8.80% is 227.1% above this industry median. Based on the distribution chart, Panasonic Carbon India Co ranks #371 out of 2499 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Panasonic Carbon India Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panasonic Carbon India Co's Return-on-Tangible-Asset compare to APH and GLW?
According to the Hardware industry distribution chart, Panasonic Carbon India Co ranks #371 out of 2499 companies for Return-on-Tangible-Asset. This places Panasonic Carbon India Co in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.69. Panasonic Carbon India Co's value of 8.80% is 227.1% above this benchmark. Historically, Panasonic Carbon India Co's own Return-on-Tangible-Asset has ranged from 8.80 to 17.66 over the past decade. While the company's 10-year median is 12.10 vs. the industry median of 2.69, Panasonic Carbon India Co 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-Asset for a Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.69, based on 2,499 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Panasonic Carbon India Co's current Return-on-Tangible-Asset of 8.80% is 227.1% 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-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Panasonic Carbon India Co and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panasonic Carbon India Co's current Return-on-Tangible-Asset is 8.80%, which is 27% below median its own 10-year median of 12.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panasonic Carbon India Co stock overvalued right now?
Based on GuruFocus' analysis, Panasonic Carbon India Co (BOM:508941) is currently considered Fairly Valued. The stock's GF Value™ is ₹471.56, compared to a current price of ₹435.35 — trading 7.7% below its estimated fair value. The current Return-on-Tangible-Asset is 8.80%, which is 27% below median its 10-year median of 12.10 and 227.1% above the Hardware industry median of 2.69. Panasonic Carbon India Co's overall GF Score™ is 71/100 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-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Panasonic Carbon India Co (BOM:508941), the current Return-on-Tangible-Asset is 8.80% as of Jun. 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 Panasonic Carbon India Co (BOM:508941) Overvalued in 2026?
Based on GuruFocus' analysis, Panasonic Carbon India Co stock appears to be undervalued.
The current stock price of ₹435.35 is trading 7.7% below its estimated GF Value™ of ₹471.56.
GuruFocus considers Panasonic Carbon India Co to be Fairly Valued.
Key valuation signals for BOM:508941:
Return-on-Tangible-Asset: 8.80% (27% below median its 10-year median of 12.10)
GF Value™: ₹471.56 vs. price of ₹435.35 (7.7% below fair value)
Industry Position: 227.1% above the Hardware median (#371 of 2499)
No single metric tells the full story. See the BOM:508941 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Panasonic Carbon India Co Ltd is engaged in the manufacture of carbon rods/carbon electrodes, which are used as a key component in dry cell batteries, catering to both domestic and export markets, including supplies to Panasonic group companies. Its product is carbon rods. The Company operates a manufacturing facility in Nellore District, Andhra Pradesh, and supplies its products to battery manufacturers in India as well as to overseas customers. Geographically, the Company operates in India and the rest of the world, with India generating maximum revenue.
71GF Score
Get the complete analysis for BOM:508941
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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