Tribhovandas Bhimji Zaveri (BOM:534369) Return-on-Tangible-Asset: 6.46% (As of Jun. 2026) — 187% Above Median

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BOM:534369 Tribhovandas Bhimji Zaveri Ltd BOM:534369
66 GF Score
Price ₹472.50
GF Value ₹211.83
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Tribhovandas Bhimji Zaveri Return-on-Tangible-Asset?

Tribhovandas Bhimji Zaveri BOM:534369 +10.00% 66 Return-on-Tangible-Asset is 6.46% as of Jun. 2026, which is 187% above its 10-year median of 2.25. GuruFocus rates BOM:534369 with a GF Score™ of 66/100 and a GF Value™ of ₹211.83 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,131 Retail - Cyclical companies, Tribhovandas Bhimji Zaveri ranks better than 82.49% 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. Tribhovandas Bhimji Zaveri's annualized Net Income for the quarter that ended in Jun. 2026 was ₹1,357 Mil. Tribhovandas Bhimji Zaveri's average total tangible assets for the quarter that ended in Jun. 2026 was ₹21,010 Mil. Therefore, Tribhovandas Bhimji Zaveri's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 6.46%.

The historical rank and industry rank for Tribhovandas Bhimji Zaveri's Return-on-Tangible-Asset or its related term are showing as below:

BOM:534369' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.04   Med: 2.25   Max: 10.85
Current: 10.85

During the past 13 years, Tribhovandas Bhimji Zaveri's highest Return-on-Tangible-Asset was 10.85%. The lowest was 1.04%. And the median was 2.25%.

BOM:534369's Return-on-Tangible-Asset is ranked better than
82.49% of 1131 companies
in the Retail - Cyclical industry
Industry Median: 3.01 vs BOM:534369: 10.85

Tribhovandas Bhimji Zaveri  (BOM:534369) 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.


Tribhovandas Bhimji Zaveri Return-on-Tangible-Asset Related Terms


Tribhovandas Bhimji Zaveri Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tribhovandas Bhimji Zaveri'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.

Tribhovandas Bhimji Zaveri Return-on-Tangible-Asset Chart

Tribhovandas Bhimji Zaveri Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 2.74 3.71 4.24 10.46

Tribhovandas Bhimji Zaveri Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.09 6.18 15.81 12.88 6.46

BOM:534369 vs TPR: Return-on-Tangible-Asset Comparison

For the Luxury Goods subindustry, Tribhovandas Bhimji Zaveri'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.


Tribhovandas Bhimji Zaveri Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tribhovandas Bhimji Zaveri's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tribhovandas Bhimji Zaveri's Return-on-Tangible-Asset falls into.


BOM:534369
66GF Score
Tribhovandas Bhimji Zaveri Ltd BOM:534369
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tribhovandas Bhimji Zaveri Return-on-Tangible-Asset Calculation

Tribhovandas Bhimji Zaveri's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=2023.057/( (17686.9+21010.442)/ 2 )
=2023.057/19348.671
=10.46 %

Tribhovandas Bhimji Zaveri's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=1356.628/( (21010.442+0)/ 1 )
=1356.628/21010.442
=6.46 %

* 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 6.46% mean?
Tribhovandas Bhimji Zaveri (BOM:534369) has a Return-on-Tangible-Asset of 6.46% 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 Tribhovandas Bhimji Zaveri and its competitors. This is 187% above median its historical median of 2.25. Over the past decade, Tribhovandas Bhimji Zaveri's Return-on-Tangible-Asset has ranged from 1.04 to 10.85. According to the industry distribution chart, Tribhovandas Bhimji Zaveri ranks #198 out of 1131 companies in the Retail - Cyclical industry, placing it in the top 17.5%.
Is Tribhovandas Bhimji Zaveri's Return-on-Tangible-Asset too high?
Tribhovandas Bhimji Zaveri's current Return-on-Tangible-Asset of 6.46% is 187% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.04 to a high of 10.85. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.01. Tribhovandas Bhimji Zaveri's value of 6.46% is 114.6% above this industry median. Based on the distribution chart, Tribhovandas Bhimji Zaveri ranks #198 out of 1131 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Tribhovandas Bhimji Zaveri has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tribhovandas Bhimji Zaveri's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Tribhovandas Bhimji Zaveri ranks #198 out of 1131 companies for Return-on-Tangible-Asset. This places Tribhovandas Bhimji Zaveri in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.01. Tribhovandas Bhimji Zaveri's value of 6.46% is 114.6% above this benchmark. Historically, Tribhovandas Bhimji Zaveri's own Return-on-Tangible-Asset has ranged from 1.04 to 10.85 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 3.01, Tribhovandas Bhimji Zaveri 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 3.01, based on 1,131 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. Tribhovandas Bhimji Zaveri's current Return-on-Tangible-Asset of 6.46% is 114.6% 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 Tribhovandas Bhimji Zaveri and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 3.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tribhovandas Bhimji Zaveri's current Return-on-Tangible-Asset is 6.46%, which is 187% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribhovandas Bhimji Zaveri stock overvalued right now?
Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri (BOM:534369) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹211.83, compared to a current price of ₹472.50 — trading 123.1% above its estimated fair value. The current Return-on-Tangible-Asset is 6.46%, which is 187% above median its 10-year median of 2.25 and 114.6% above the Retail - Cyclical industry median of 3.01. Tribhovandas Bhimji Zaveri's overall GF Score™ is 66/100 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 Tribhovandas Bhimji Zaveri (BOM:534369), the current Return-on-Tangible-Asset is 6.46% 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 Tribhovandas Bhimji Zaveri (BOM:534369) Overvalued in 2026?

Based on GuruFocus' analysis, Tribhovandas Bhimji Zaveri stock appears to be overvalued. The current stock price of ₹472.50 is trading 123.1% above its estimated GF Value™ of ₹211.83. GuruFocus considers Tribhovandas Bhimji Zaveri to be Significantly Overvalued.

Key valuation signals for BOM:534369:

  • Return-on-Tangible-Asset: 6.46% (187% above median its 10-year median of 2.25)
  • GF Value™: ₹211.83 vs. price of ₹472.50 (123.1% above fair value)
  • GF Score™: 66/100 with 4 warning signs
  • Industry Position: 114.6% above the Retail - Cyclical median (#198 of 1131)

No single metric tells the full story. See the BOM:534369 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tribhovandas Bhimji Zaveri Business Description

Other Exchanges TBZ:India
Address Free Press Journal Road, 1106 to 1121, 11th Floor, West Wing, Tulsiani Chambers, 212, Backbay Reclamation, Nariman Point, Mumbai, MH, IND, 400021
Tribhovandas Bhimji Zaveri Ltd is an Indian company engaged in manufacturing/trading, and selling jewellery. Its product category is Gold, Diamond, Jadau, and Platinum Jewellery. Its product portfolio comprises rings, earrings, necklaces, mangalsutra, pendants, bangles, bracelets, and coins, among others. The company provides jewellery for various occasions, including weddings, festivals, everyday wear, and contemporary and traditional wear. Its business activity falls within a single primary business segment of Jewellery and one reportable geographical segment, which is within India.
66GF Score

Get the complete analysis for BOM:534369

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹472.50
Price
₹211.83
GF Value