Aayush Art & Bullion (BOM:540718) Return-on-Tangible-Asset: 14.92% (As of Mar. 2026) — 1698% Above Median

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BOM:540718 Aayush Art & Bullion Ltd BOM:540718
69 GF Score
Price ₹1,260.20
GF Value ₹2,700.97
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Aayush Art & Bullion Return-on-Tangible-Asset?

Aayush Art & Bullion BOM:540718 -0.25% 69 Return-on-Tangible-Asset is 14.92% as of Mar. 2026, which is 1698% above its 10-year median of 0.83. GuruFocus rates BOM:540718 with a GF Score™ of 69/100 and a GF Value™ of ₹2,700.97 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,136 Retail - Cyclical companies, Aayush Art & Bullion ranks better than 77.99% 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. Aayush Art & Bullion's annualized Net Income for the quarter that ended in Mar. 2026 was ₹151 Mil. Aayush Art & Bullion's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,009 Mil. Therefore, Aayush Art & Bullion's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 14.92%.

The historical rank and industry rank for Aayush Art & Bullion's Return-on-Tangible-Asset or its related term are showing as below:

BOM:540718' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.08   Med: 0.83   Max: 9.12
Current: 9.12

During the past 13 years, Aayush Art & Bullion's highest Return-on-Tangible-Asset was 9.12%. The lowest was -5.08%. And the median was 0.83%.

BOM:540718's Return-on-Tangible-Asset is ranked better than
77.99% of 1136 companies
in the Retail - Cyclical industry
Industry Median: 3.04 vs BOM:540718: 9.12

Aayush Art & Bullion  (BOM:540718) 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.


Aayush Art & Bullion Return-on-Tangible-Asset Related Terms


Aayush Art & Bullion Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Aayush Art & Bullion'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.

Aayush Art & Bullion Return-on-Tangible-Asset Chart

Aayush Art & Bullion 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 -5.08 3.04 1.49 4.35 8.61

Aayush Art & Bullion Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 2.04 0.97 4.72 1.09 14.92

BOM:540718 vs TPR: Return-on-Tangible-Asset Comparison

For the Luxury Goods subindustry, Aayush Art & Bullion'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.


Aayush Art & Bullion Return-on-Tangible-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Aayush Art & Bullion's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Aayush Art & Bullion's Return-on-Tangible-Asset falls into.


BOM:540718
69GF Score
Aayush Art & Bullion Ltd BOM:540718
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Aayush Art & Bullion Return-on-Tangible-Asset Calculation

Aayush Art & Bullion'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 )
=78.917/( (579.464+1253.201)/ 2 )
=78.917/916.3325
=8.61 %

Aayush Art & Bullion's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=150.504/( (764.67+1253.201)/ 2 )
=150.504/1008.9355
=14.92 %

* 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 two times the semi-annual (Mar. 2026) net income data.

What does a Return-on-Tangible-Asset of 14.92% mean?
Aayush Art & Bullion (BOM:540718) has a Return-on-Tangible-Asset of 14.92% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Aayush Art & Bullion and its competitors. This is 1698% above median its historical median of 0.83. According to the industry distribution chart, Aayush Art & Bullion ranks #250 out of 1136 companies in the Retail - Cyclical industry, placing it in the top 22%.
Is Aayush Art & Bullion's Return-on-Tangible-Asset too high?
Aayush Art & Bullion's current Return-on-Tangible-Asset of 14.92% is 1698% above median its 10-year median of 0.83. The Retail - Cyclical industry median Return-on-Tangible-Asset is 3.04. Aayush Art & Bullion's value of 14.92% is 390.8% above this industry median. Based on the distribution chart, Aayush Art & Bullion ranks #250 out of 1136 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Aayush Art & Bullion has a GF Score™ of 69/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Aayush Art & Bullion's Return-on-Tangible-Asset compare to TPR?
According to the Retail - Cyclical industry distribution chart, Aayush Art & Bullion ranks #250 out of 1136 companies for Return-on-Tangible-Asset. This places Aayush Art & Bullion in the top 22% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.04. Aayush Art & Bullion's value of 14.92% is 390.8% above this benchmark. While the company's 10-year median is 0.83 vs. the industry median of 3.04, Aayush Art & Bullion 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 3.04, 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. Aayush Art & Bullion's current Return-on-Tangible-Asset of 14.92% is 390.8% 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 Aayush Art & Bullion 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. Aayush Art & Bullion's current Return-on-Tangible-Asset is 14.92%, which is 1698% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aayush Art & Bullion stock overvalued right now?
Based on GuruFocus' analysis, Aayush Art & Bullion (BOM:540718) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,700.97, compared to a current price of ₹1,260.20 — trading 53.3% below its estimated fair value. The current Return-on-Tangible-Asset is 14.92%, which is 1698% above median its 10-year median of 0.83 and 390.8% above the Retail - Cyclical industry median of 3.04. Aayush Art & Bullion's overall GF Score™ is 69/100 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 Aayush Art & Bullion (BOM:540718), the current Return-on-Tangible-Asset is 14.92% as of Mar. 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 Aayush Art & Bullion (BOM:540718) Overvalued in 2026?

Based on GuruFocus' analysis, Aayush Art & Bullion stock appears to be undervalued. The current stock price of ₹1,260.20 is trading 53.3% below its estimated GF Value™ of ₹2,700.97. GuruFocus considers Aayush Art & Bullion to be Significantly Undervalued.

Key valuation signals for BOM:540718:

  • Return-on-Tangible-Asset: 14.92% (1698% above median its 10-year median of 0.83)
  • GF Value™: ₹2,700.97 vs. price of ₹1,260.20 (53.3% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 390.8% above the Retail - Cyclical median (#250 of 1136)

No single metric tells the full story. See the BOM:540718 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aayush Art & Bullion Business Description

Address Shyamal Cross Raod, A 1207 Unicus Shyamal, Opposite Iconic Shyamal, Vejalpur, Ahmedabad, GJ, IND, 380015
Aayush Art & Bullion Ltd is engaged in the business of manufacturing and trading of all types of gold, diamond and silver ornaments, jewellery. Additionally, it is involved in trading textile products, mainly fabrics, and supplies customized lace and embroidered work items, manufactured or processed through job work arrangements. The company operates mainly in India with its registered office in Delhi and services both domestic markets and potentially exports. Revenue is generated through the sale of jewelry products and textile-related goods.
69GF Score

Get the complete analysis for BOM:540718

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

₹1,260.20
Price
₹2,700.97
GF Value