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Central Bank of India (BOM:532885) Return-on-Tangible-Asset : 0.93% (As of Mar. 2025)


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What is Central Bank of India Return-on-Tangible-Asset?

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. Central Bank of India's annualized Net Income for the quarter that ended in Mar. 2025 was ₹44,183 Mil. Central Bank of India's average total tangible assets for the quarter that ended in Mar. 2025 was ₹4,744,588 Mil. Therefore, Central Bank of India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.93%.

The historical rank and industry rank for Central Bank of India's Return-on-Tangible-Asset or its related term are showing as below:

BOM:532885' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.71   Med: -0.29   Max: 0.86
Current: 0.86

During the past 13 years, Central Bank of India's highest Return-on-Tangible-Asset was 0.86%. The lowest was -1.71%. And the median was -0.29%.

BOM:532885's Return-on-Tangible-Asset is ranked worse than
51.2% of 1588 companies
in the Banks industry
Industry Median: 0.89 vs BOM:532885: 0.86

Central Bank of India Return-on-Tangible-Asset Historical Data

The historical data trend for Central Bank of 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.

* Premium members only.

Central Bank of India Return-on-Tangible-Asset Chart

Central Bank of India Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.24 0.28 0.42 0.62 0.85

Central Bank of India Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 0.84 0.82 0.84 0.93

Competitive Comparison of Central Bank of India's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Central Bank of 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.


Central Bank of India's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Central Bank of India's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Central Bank of India's Return-on-Tangible-Asset falls into.


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Central Bank of India Return-on-Tangible-Asset Calculation

Central Bank of India's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=39342.1/( (4477626.825+4804479.5)/ 2 )
=39342.1/4641053.1625
=0.85 %

Central Bank of India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=44183.2/( (4684696.3+4804479.5)/ 2 )
=44183.2/4744587.9
=0.93 %

* 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 (Mar. 2025) net income data.


Central Bank of India  (BOM:532885) 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 company’s 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 company’s 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.


Central Bank of India Return-on-Tangible-Asset Related Terms

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Central Bank of India Business Description

Traded in Other Exchanges
Address
Chander Mukhi Building, 9th Floor, Nariman Point, Mumbai, MH, IND, 400021
Central Bank of India is a commercial bank based in India. Its business comprises predominantly corporate and retail banking operations, which it provides through its network of branches and online platforms. Its retail banking operations comprise deposits, loans and digital banking services, agri-banking and debit and credit card facilities tailor-made for individual customers and its corporate banking products serve institutional and corporate customers. Its other business lines are treasury and other banking operations which involves dealing in Government and other securities money market operations and forex operations.

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