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Royal IndiaBOM:512047 +3.48%43 Return-on-Tangible-Asset is 3.96% as of Jun. 2026. GuruFocus rates BOM:512047 with a GF Score™ of 43/100 and a GF Value™ of ₹0.36 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Royal India ranks better than 97.45% 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. Royal India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹78.6 Mil. Royal India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹1,982.9 Mil. Therefore, Royal India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 3.96%.
The historical rank and industry rank for Royal India's Return-on-Tangible-Asset or its related term are showing as below:
BOM:512047'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.29 Med: -2.46 Max: 26.31
Current: 26.31
During the past 13 years, Royal India's highest Return-on-Tangible-Asset was 26.31%. The lowest was -6.29%. And the median was -2.46%.
BOM:512047's Return-on-Tangible-Asset is ranked better than 97.45% of 1136
companies
in the Retail - Cyclical industry
Industry Median: 3.04
vs BOM:512047: 26.31
Royal India (BOM:512047) 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.
Royal India Return-on-Tangible-Asset Related Terms
Royal India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Royal India'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.
BOM:512047 vs TPR: Return-on-Tangible-Asset Comparison
For the Luxury Goods subindustry, Royal India'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.
Royal India Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Royal India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Royal India'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 3.96% mean?
Royal India (BOM:512047) has a Return-on-Tangible-Asset of 3.96% 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 Royal India and its competitors. According to the industry distribution chart, Royal India ranks #29 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 2.6%.
Is Royal India's Return-on-Tangible-Asset too high?
Royal India's current Return-on-Tangible-Asset is 3.96%. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.04. Royal India's value of 3.96% is 30.3% above this industry median. Based on the distribution chart, Royal India ranks #29 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Royal India has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Royal India's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Royal India ranks #29 out of 1136 companies for Return-on-Tangible-Asset. This places Royal India in the top 3% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Royal India's value of 3.96% is 30.3% above this benchmark. 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.04, based on 1,136 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. Royal India's current Return-on-Tangible-Asset of 3.96% is 30.3% 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 Royal India and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal India's current Return-on-Tangible-Asset is 3.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal India stock overvalued right now?
Based on GuruFocus' analysis, Royal India (BOM:512047) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.36, compared to a current price of ₹5.06 — trading 1305.6% above its estimated fair value. The current Return-on-Tangible-Asset is 3.96% and 30.3% above the Retail - Cyclical industry median of 3.04. Royal India's overall GF Score™ is 43/100 with 6 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 Royal India (BOM:512047), the current Return-on-Tangible-Asset is 3.96% 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 Royal India (BOM:512047) Overvalued in 2026?
Based on GuruFocus' analysis, Royal India stock appears to be overvalued.
The current stock price of ₹5.06 is trading 1305.6% above its estimated GF Value™ of ₹0.36.
GuruFocus considers Royal India to be Significantly Overvalued.
Key valuation signals for BOM:512047:
Return-on-Tangible-Asset: 3.96%
GF Value™: ₹0.36 vs. price of ₹5.06 (1305.6% above fair value)
Industry Position: 30.3% above the Retail - Cyclical median (#29 of 1136)
No single metric tells the full story. See the BOM:512047 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royal India Corp Ltd is engaged in the wholesale trading of Gold Bullion, plain gold jewelry, gold coins, and medallions. It derives the majority of its revenue from Local Gold Bar Sales. The Company has business operations mainly in India.
43GF Score
Get the complete analysis for BOM:512047
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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