Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Glittek Granites's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹5.47 Mil. Glittek Granites's average total tangible assets for the quarter that ended in Jun. 2026 was ₹0.00 Mil. Therefore, Glittek Granites's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.98%.
The historical rank and industry rank for Glittek Granites's Return-on-Tangible-Asset or its related term are showing as below:
BOM:513528'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -19.77 Med: -3.26 Max: 34.21
Current: -2.56
During the past 13 years, Glittek Granites's highest Return-on-Tangible-Asset was 34.21%. The lowest was -19.77%. And the median was -3.26%.
BOM:513528's Return-on-Tangible-Asset is ranked worse than 80.57% of 1796
companies
in the Construction industry
Industry Median: 3.065
vs BOM:513528: -2.56
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.
Glittek Granites Return-on-Tangible-Asset Related Terms
Glittek Granites Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Glittek Granites'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:513528 vs TT, JCI, CARR: Return-on-Tangible-Asset Comparison
For the Building Products & Equipment subindustry, Glittek Granites'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.
Glittek Granites Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, Glittek Granites's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Glittek Granites'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 4.98% mean?
Glittek Granites (BOM:513528) has a Return-on-Tangible-Asset of 4.98% 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 Glittek Granites and its competitors. According to the industry distribution chart, Glittek Granites ranks #1447 out of 1796 companies in the Construction industry, placing it in the top 80.6%.
Is Glittek Granites' Return-on-Tangible-Asset too high?
Glittek Granites' current Return-on-Tangible-Asset is 4.98%. The Construction industry median Return-on-Tangible-Asset is 3.07. Glittek Granites' value of 4.98% is 62.5% above this industry median. Based on the distribution chart, Glittek Granites ranks #1447 out of 1796 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Glittek Granites has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Glittek Granites' Return-on-Tangible-Asset compare to TT and JCI?
According to the Construction industry distribution chart, Glittek Granites ranks #1447 out of 1796 companies for Return-on-Tangible-Asset. This places Glittek Granites in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.07. Glittek Granites' value of 4.98% is 62.5% 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.07, based on 1,796 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. Glittek Granites's current Return-on-Tangible-Asset of 4.98% is 62.5% 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 Glittek Granites and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Glittek Granites's current Return-on-Tangible-Asset is 4.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glittek Granites stock overvalued right now?
Based on GuruFocus' analysis, Glittek Granites (BOM:513528) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹0.05, compared to a current price of ₹71.40 — trading 142700% above its estimated fair value. The current Return-on-Tangible-Asset is 4.98% and 62.5% above the Construction industry median of 3.07. Glittek Granites' overall GF Score™ is 32/100 with 4 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 Glittek Granites (BOM:513528), the current Return-on-Tangible-Asset is 4.98% 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 Glittek Granites (BOM:513528) Overvalued in 2026?
Based on GuruFocus' analysis, Glittek Granites stock appears to be overvalued.
The current stock price of ₹71.40 is trading 142700% above its estimated GF Value™ of ₹0.05.
GuruFocus considers Glittek Granites to be Significantly Overvalued.
Key valuation signals for BOM:513528:
Return-on-Tangible-Asset: 4.98%
GF Value™: ₹0.05 vs. price of ₹71.40 (142700% above fair value)
Industry Position: 62.5% above the Construction median (#1447 of 1796)
No single metric tells the full story. See the BOM:513528 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Glittek Granites Ltd is engaged in the manufacturing of granite tiles and slabs. It is engaged in the processing and export of granite, marble, sandstone, and other stone products. The company offers granite tiles, such as Black Pearl, Hassan Green, Imperial White, Ivory Chiffon, Kashmir Gold, Madura Gold, and many more. The main markets for the company's product are the USA, South Africa, Canada, the UK, UAE, Europe, and Australia.
32GF Score
Get the complete analysis for BOM:513528
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:513528 has been successfully added to your 
