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.
Ratnabhumi DevelopersBOM:540796 61 Return-on-Tangible-Asset is 0.58% as of Mar. 2026, which is 43% below its 10-year median of 1.01. GuruFocus rates BOM:540796 with a GF Score™ of 61/100. The stock has 8 warning signs investors should review. Among 1,797 Real Estate companies, Ratnabhumi Developers ranks worse than 52.87% 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. Ratnabhumi Developers's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹11.3 Mil. Ratnabhumi Developers's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,943.1 Mil. Therefore, Ratnabhumi Developers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 0.58%.
The historical rank and industry rank for Ratnabhumi Developers's Return-on-Tangible-Asset or its related term are showing as below:
BOM:540796'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.09 Med: 1.01 Max: 7.71
Current: 1.59
During the past 13 years, Ratnabhumi Developers's highest Return-on-Tangible-Asset was 7.71%. The lowest was 0.09%. And the median was 1.01%.
BOM:540796's Return-on-Tangible-Asset is ranked worse than 52.87% of 1797
companies
in the Real Estate industry
Industry Median: 1.87
vs BOM:540796: 1.59
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.
Ratnabhumi Developers Return-on-Tangible-Asset Related Terms
Ratnabhumi Developers Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ratnabhumi Developers'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.
For the Real Estate - Development subindustry, Ratnabhumi Developers'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.
Ratnabhumi Developers Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Ratnabhumi Developers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ratnabhumi Developers'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.58% mean?
Ratnabhumi Developers (BOM:540796) has a Return-on-Tangible-Asset of 0.58% 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 Ratnabhumi Developers and its competitors. This is 43% below median its historical median of 1.01. Over the past decade, Ratnabhumi Developers' Return-on-Tangible-Asset has ranged from 0.09 to 7.71. According to the industry distribution chart, Ratnabhumi Developers ranks #950 out of 1797 companies in the Real Estate industry, placing it in the top 52.9%.
Is Ratnabhumi Developers' Return-on-Tangible-Asset too high?
Ratnabhumi Developers' current Return-on-Tangible-Asset of 0.58% is 43% below median its 10-year median of 1.01. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 7.71. The Real Estate industry median Return-on-Tangible-Asset is 1.87. Ratnabhumi Developers' value of 0.58% is 69% below this industry median. Based on the distribution chart, Ratnabhumi Developers ranks #950 out of 1797 companies in the Real Estate industry, which is below the industry midpoint. Overall, Ratnabhumi Developers has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Ratnabhumi Developers' Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Ratnabhumi Developers ranks #950 out of 1797 companies for Return-on-Tangible-Asset. This places Ratnabhumi Developers in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.87. Ratnabhumi Developers' value of 0.58% is 69% below this benchmark. Historically, Ratnabhumi Developers' own Return-on-Tangible-Asset has ranged from 0.09 to 7.71 over the past decade. While the company's 10-year median is 1.01 vs. the industry median of 1.87, Ratnabhumi Developers has consistently been below 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.87, based on 1,797 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. Ratnabhumi Developers's current Return-on-Tangible-Asset of 0.58% is 69% below 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 Ratnabhumi Developers and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ratnabhumi Developers's current Return-on-Tangible-Asset is 0.58%, which is 43% below median its own 10-year median of 1.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ratnabhumi Developers stock overvalued right now?
Ratnabhumi Developers (BOM:540796) has a current Return-on-Tangible-Asset of 0.58%. The current Return-on-Tangible-Asset is 0.58%, which is 43% below median its 10-year median of 1.01 and 69% below the Real Estate industry median of 1.87. Ratnabhumi Developers' overall GF Score™ is 61/100 with 8 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 Ratnabhumi Developers (BOM:540796), the current Return-on-Tangible-Asset is 0.58% 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.
Ratnabhumi Developers Ltd is involved in the business of construction of buildings and other construction-related services, and renting services. It deals with various activities related to real estate development, such as land acquisition, authority liaison, planned development, identification of project types and locations, as well as construction development and maintenance of projects commissioned under residential, commercial, retail, plotting, or industrial segments.
61GF Score
Get the complete analysis for BOM:540796
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:540796 has been successfully added to your 
