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Patel Chem SpecialitiesBOM:544460 -3.22%21 Return-on-Tangible-Asset is 9.43% as of Mar. 2026, which is 22% below its 10-year median of 12.09. GuruFocus rates BOM:544460 with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 1,625 Chemicals companies, Patel Chem Specialities ranks better than 86.89% 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. Patel Chem Specialities's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹128 Mil. Patel Chem Specialities's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,362 Mil. Therefore, Patel Chem Specialities's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.43%.
The historical rank and industry rank for Patel Chem Specialities's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544460'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 9.53 Med: 12.09 Max: 18.82
Current: 11.15
During the past 5 years, Patel Chem Specialities's highest Return-on-Tangible-Asset was 18.82%. The lowest was 9.53%. And the median was 12.09%.
BOM:544460's Return-on-Tangible-Asset is ranked better than 86.89% of 1625
companies
in the Chemicals industry
Industry Median: 3.63
vs BOM:544460: 11.15
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.
Patel Chem Specialities Return-on-Tangible-Asset Related Terms
Patel Chem Specialities Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Patel Chem Specialities'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:544460 vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, Patel Chem Specialities'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.
Patel Chem Specialities Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Patel Chem Specialities's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Patel Chem Specialities'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.43% mean?
Patel Chem Specialities (BOM:544460) has a Return-on-Tangible-Asset of 9.43% 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 Patel Chem Specialities and its competitors. This is 22% below median its historical median of 12.09. Over the past decade, Patel Chem Specialities' Return-on-Tangible-Asset has ranged from 9.53 to 18.82. According to the industry distribution chart, Patel Chem Specialities ranks #213 out of 1625 companies in the Chemicals industry, placing it in the top 13.1%.
Is Patel Chem Specialities' Return-on-Tangible-Asset too high?
Patel Chem Specialities' current Return-on-Tangible-Asset of 9.43% is 22% below median its 10-year median of 12.09. Over the past 10 years, this metric has ranged from a low of 9.53 to a high of 18.82. The Chemicals industry median Return-on-Tangible-Asset is 3.63. Patel Chem Specialities' value of 9.43% is 159.8% above this industry median. Based on the distribution chart, Patel Chem Specialities ranks #213 out of 1625 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Patel Chem Specialities has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Patel Chem Specialities' Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, Patel Chem Specialities ranks #213 out of 1625 companies for Return-on-Tangible-Asset. This places Patel Chem Specialities in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.63. Patel Chem Specialities' value of 9.43% is 159.8% above this benchmark. Historically, Patel Chem Specialities' own Return-on-Tangible-Asset has ranged from 9.53 to 18.82 over the past decade. While the company's 10-year median is 12.09 vs. the industry median of 3.63, Patel Chem Specialities 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.63, based on 1,625 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. Patel Chem Specialities's current Return-on-Tangible-Asset of 9.43% is 159.8% 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 Patel Chem Specialities and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Chem Specialities's current Return-on-Tangible-Asset is 9.43%, which is 22% below median its own 10-year median of 12.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Chem Specialities stock overvalued right now?
Patel Chem Specialities (BOM:544460) has a current Return-on-Tangible-Asset of 9.43%. The current Return-on-Tangible-Asset is 9.43%, which is 22% below median its 10-year median of 12.09 and 159.8% above the Chemicals industry median of 3.63. Patel Chem Specialities' overall GF Score™ is 21/100 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 Patel Chem Specialities (BOM:544460), the current Return-on-Tangible-Asset is 9.43% 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.
Patel Chem Specialities Ltd operates in the field of specialty chemicals, particularly focusing on the production of cellulose-based excipients. It manufactures a diverse products that are critical to various industries, including pharmaceuticals, food & beverages, cosmetics, and numerous industrial applications. These chemicals are fundamental in the formulation of essential products such as tablets, food additives, personal care items, and industrial formulations. Its products play vital roles as binders, disintegrants, thickeners, stabilizers, and gelling agents, each serving a specialized function across multiple sectors.
21GF Score
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