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V B Desai Financial ServicesBOM:511110 +14.42%68 Return-on-Tangible-Asset is 8.64% as of Jun. 2026, which is 141% above its 10-year median of 3.58. GuruFocus rates BOM:511110 with a GF Score™ of 68/100 and a GF Value™ of ₹19.53 (Fairly Valued). The stock has 3 warning signs investors should review. Among 814 Capital Markets companies, V B Desai Financial Services ranks better than 79.61% on this metric.
The historical rank and industry rank for V B Desai Financial Services's Return-on-Tangible-Asset or its related term are showing as below:
BOM:511110'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.81 Med: 3.58 Max: 7.34
Current: 7.34
During the past 13 years, V B Desai Financial Services's highest Return-on-Tangible-Asset was 7.34%. The lowest was 0.81%. And the median was 3.58%.
BOM:511110's Return-on-Tangible-Asset is ranked better than 79.61% of 814
companies
in the Capital Markets industry
Industry Median: 1.57
vs BOM:511110: 7.34
V B Desai Financial Services (BOM:511110) 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.
V B Desai Financial Services Return-on-Tangible-Asset Related Terms
V B Desai Financial Services Return-on-Tangible-Asset 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.
V B Desai Financial Services Return-on-Tangible-Asset Chart
BOM:511110 vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, V B Desai Financial Services'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.
V B Desai Financial Services Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, V B Desai Financial Services's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where V B Desai Financial Services'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 8.64% mean?
V B Desai Financial Services (BOM:511110) has a Return-on-Tangible-Asset of 8.64% 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 V B Desai Financial Services and its competitors. This is 141% above median its historical median of 3.58. Over the past decade, V B Desai Financial Services' Return-on-Tangible-Asset has ranged from 0.81 to 7.34. According to the industry distribution chart, V B Desai Financial Services ranks #166 out of 814 companies in the Capital Markets industry, placing it in the top 20.4%.
Is V B Desai Financial Services' Return-on-Tangible-Asset too high?
V B Desai Financial Services' current Return-on-Tangible-Asset of 8.64% is 141% above median its 10-year median of 3.58. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 7.34. The Capital Markets industry median Return-on-Tangible-Asset is 1.57. V B Desai Financial Services' value of 8.64% is 450.3% above this industry median. Based on the distribution chart, V B Desai Financial Services ranks #166 out of 814 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, V B Desai Financial Services has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does V B Desai Financial Services' Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, V B Desai Financial Services ranks #166 out of 814 companies for Return-on-Tangible-Asset. This places V B Desai Financial Services in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.57. V B Desai Financial Services' value of 8.64% is 450.3% above this benchmark. Historically, V B Desai Financial Services' own Return-on-Tangible-Asset has ranged from 0.81 to 7.34 over the past decade. While the company's 10-year median is 3.58 vs. the industry median of 1.57, V B Desai Financial Services 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.57, based on 814 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. V B Desai Financial Services's current Return-on-Tangible-Asset of 8.64% is 450.3% 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 V B Desai Financial Services and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. V B Desai Financial Services's current Return-on-Tangible-Asset is 8.64%, which is 141% above median its own 10-year median of 3.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is V B Desai Financial Services stock overvalued right now?
Based on GuruFocus' analysis, V B Desai Financial Services (BOM:511110) is currently considered Fairly Valued. The stock's GF Value™ is ₹19.53, compared to a current price of ₹20.00 — trading 2.4% above its estimated fair value. The current Return-on-Tangible-Asset is 8.64%, which is 141% above median its 10-year median of 3.58 and 450.3% above the Capital Markets industry median of 1.57. V B Desai Financial Services' overall GF Score™ is 68/100 with 3 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 V B Desai Financial Services (BOM:511110), the current Return-on-Tangible-Asset is 8.64% 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 V B Desai Financial Services (BOM:511110) Overvalued in 2026?
Based on GuruFocus' analysis, V B Desai Financial Services stock appears to be overvalued.
The current stock price of ₹20.00 is trading 2.4% above its estimated GF Value™ of ₹19.53.
GuruFocus considers V B Desai Financial Services to be Fairly Valued.
Key valuation signals for BOM:511110:
Return-on-Tangible-Asset: 8.64% (141% above median its 10-year median of 3.58)
GF Value™: ₹19.53 vs. price of ₹20.00 (2.4% above fair value)
Industry Position: 450.3% above the Capital Markets median (#166 of 814)
No single metric tells the full story. See the BOM:511110 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
V B Desai Financial Services Ltd is an Indian company providing merchant banking services. The company is engaged in offering financial and advisory services. It provides services like Share Valuation, (Employee Stock Option Plan) ESOP Valuation, ESOP Advisory, merger and acquisition, to act as Manager in Buyback of shares and Acquisition, Takeover of Listed Companies and Initial Public Offerings, etc. The Company has one segment which is Merchant Banking and financial services.
68GF Score
Get the complete analysis for BOM:511110
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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