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.
Astonea LabsBOM:544409 -2.00%13 Return-on-Tangible-Asset is 9.27% as of Mar. 2026, which is 155% above its 10-year median of 3.63. GuruFocus rates BOM:544409 with a GF Score™ of 13/100. The stock has 4 warning signs investors should review. Among 1,007 Drug Manufacturers companies, Astonea Labs ranks worse than 51.34% 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. Astonea Labs's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹123.9 Mil. Astonea Labs's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,337.3 Mil. Therefore, Astonea Labs's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.27%.
The historical rank and industry rank for Astonea Labs's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544409'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.47 Med: 3.63 Max: 5.81
Current: 2.51
During the past 5 years, Astonea Labs's highest Return-on-Tangible-Asset was 5.81%. The lowest was 0.47%. And the median was 3.63%.
BOM:544409's Return-on-Tangible-Asset is ranked worse than 51.34% of 1007
companies
in the Drug Manufacturers industry
Industry Median: 2.79
vs BOM:544409: 2.51
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.
Astonea Labs Return-on-Tangible-Asset Related Terms
Astonea Labs Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Astonea Labs'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:544409 vs ZTS: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Astonea Labs'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.
Astonea Labs Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Astonea Labs's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Astonea Labs'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 9.27% mean?
Astonea Labs (BOM:544409) has a Return-on-Tangible-Asset of 9.27% 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 Astonea Labs and its competitors. This is 155% above median its historical median of 3.63. Over the past decade, Astonea Labs' Return-on-Tangible-Asset has ranged from 0.47 to 5.81. According to the industry distribution chart, Astonea Labs ranks #517 out of 1007 companies in the Drug Manufacturers industry, placing it in the top 51.3%.
Is Astonea Labs' Return-on-Tangible-Asset too high?
Astonea Labs' current Return-on-Tangible-Asset of 9.27% is 155% above median its 10-year median of 3.63. Over the past 10 years, this metric has ranged from a low of 0.47 to a high of 5.81. The Drug Manufacturers industry median Return-on-Tangible-Asset is 2.79. Astonea Labs' value of 9.27% is 232.3% above this industry median. Based on the distribution chart, Astonea Labs ranks #517 out of 1007 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Astonea Labs has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Astonea Labs' Return-on-Tangible-Asset compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Astonea Labs ranks #517 out of 1007 companies for Return-on-Tangible-Asset. This places Astonea Labs in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.79. Astonea Labs' value of 9.27% is 232.3% above this benchmark. Historically, Astonea Labs' own Return-on-Tangible-Asset has ranged from 0.47 to 5.81 over the past decade. While the company's 10-year median is 3.63 vs. the industry median of 2.79, Astonea Labs 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 2.79, based on 1,007 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. Astonea Labs's current Return-on-Tangible-Asset of 9.27% is 232.3% 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 Astonea Labs and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 2.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Astonea Labs's current Return-on-Tangible-Asset is 9.27%, which is 155% above median its own 10-year median of 3.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astonea Labs stock overvalued right now?
Astonea Labs (BOM:544409) has a current Return-on-Tangible-Asset of 9.27%. The current Return-on-Tangible-Asset is 9.27%, which is 155% above median its 10-year median of 3.63 and 232.3% above the Drug Manufacturers industry median of 2.79. Astonea Labs' overall GF Score™ is 13/100 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 Astonea Labs (BOM:544409), the current Return-on-Tangible-Asset is 9.27% 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.
Astonea Labs Ltd is an India-based pharmaceutical and cosmetics company engaged in the manufacturing and development of healthcare and personal care products. The Company operates in the pharmaceuticals and cosmetics & personal care space, offering products that include generic medicines, OTC products, specialty therapeutics, nutraceuticals, and biosimilars, as well as skincare, haircare, anti-aging, ethical, and organic cosmetic products, supported by in-house research and development and contract manufacturing services. Its business activities are organized across key segments comprising Pharmaceuticals, Cosmetics & Personal Care, R&D & Innovation, and Contract Manufacturing (CDMO).
13GF Score
Get the complete analysis for BOM:544409
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:544409 has been successfully added to your 
