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Gulf Lloyds IndiaBOM:544834 +0.43%15 Return-on-Tangible-Asset is 15.75% as of Mar. 2026, which is 2% above its 10-year median of 15.44. GuruFocus rates BOM:544834 with a GF Score™ of 15/100. The stock has 2 warning signs investors should review. Among 1,090 Business Services companies, Gulf Lloyds India ranks better than 87.98% 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. Gulf Lloyds India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹47.0 Mil. Gulf Lloyds India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹298.3 Mil. Therefore, Gulf Lloyds India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 15.75%.
The historical rank and industry rank for Gulf Lloyds India's Return-on-Tangible-Asset or its related term are showing as below:
BOM:544834'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 14.58 Med: 15.44 Max: 23.7
Current: 15.52
During the past 4 years, Gulf Lloyds India's highest Return-on-Tangible-Asset was 23.70%. The lowest was 14.58%. And the median was 15.44%.
BOM:544834's Return-on-Tangible-Asset is ranked better than 87.98% of 1090
companies
in the Business Services industry
Industry Median: 4.34
vs BOM:544834: 15.52
Gulf Lloyds India (BOM:544834) 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 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.
Gulf Lloyds India Return-on-Tangible-Asset Related Terms
Gulf Lloyds India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gulf Lloyds India'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.
Gulf Lloyds India Return-on-Tangible-Asset Chart
Gulf Lloyds India Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Return-on-Tangible-Asset
16.23
14.58
23.70
14.64
Gulf Lloyds India Semi-Annual Data
Mar23
Mar24
Mar25
Sep25
Mar26
Return-on-Tangible-Asset
0.00
0.00
0.00
16.32
15.75
BOM:544834 vs CTAS, CPRT, GPN: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Gulf Lloyds India'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.
Gulf Lloyds India Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Gulf Lloyds India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gulf Lloyds India'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 15.75% mean?
Gulf Lloyds India (BOM:544834) has a Return-on-Tangible-Asset of 15.75% 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 Gulf Lloyds India and its competitors. This is near median its historical median of 15.44. Over the past decade, Gulf Lloyds India's Return-on-Tangible-Asset has ranged from 14.58 to 23.70. According to the industry distribution chart, Gulf Lloyds India ranks #131 out of 1090 companies in the Business Services industry, placing it in the top 12%.
Is Gulf Lloyds India's Return-on-Tangible-Asset too high?
Gulf Lloyds India's current Return-on-Tangible-Asset of 15.75% is near median its 10-year median of 15.44. Over the past 10 years, this metric has ranged from a low of 14.58 to a high of 23.70. The Business Services industry median Return-on-Tangible-Asset is 4.34. Gulf Lloyds India's value of 15.75% is 262.9% above this industry median. Based on the distribution chart, Gulf Lloyds India ranks #131 out of 1090 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Gulf Lloyds India has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Gulf Lloyds India's Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Gulf Lloyds India ranks #131 out of 1090 companies for Return-on-Tangible-Asset. This places Gulf Lloyds India in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.34. Gulf Lloyds India's value of 15.75% is 262.9% above this benchmark. Historically, Gulf Lloyds India's own Return-on-Tangible-Asset has ranged from 14.58 to 23.70 over the past decade. While the company's 10-year median is 15.44 vs. the industry median of 4.34, Gulf Lloyds India 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 4.34, based on 1,090 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. Gulf Lloyds India's current Return-on-Tangible-Asset of 15.75% is 262.9% 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 Gulf Lloyds India and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 4.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gulf Lloyds India's current Return-on-Tangible-Asset is 15.75%, which is near median its own 10-year median of 15.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulf Lloyds India stock overvalued right now?
Gulf Lloyds India (BOM:544834) has a current Return-on-Tangible-Asset of 15.75%. The current Return-on-Tangible-Asset is 15.75%, which is near median its 10-year median of 15.44 and 262.9% above the Business Services industry median of 4.34. Gulf Lloyds India's overall GF Score™ is 15/100 with 2 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 Gulf Lloyds India (BOM:544834), the current Return-on-Tangible-Asset is 15.75% 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.
Gulf Lloyds India Ltd is engaged in the business of Third Party Inspection Services. The company provides Third-Party Inspection, Auditing, Testing, Training and Certification services across various industries and regions. It serves the Government, Public and Private Sector Organizations involved in Onshore, Offshore & Marine activities. The company operates in only one segment. The majority of the company's revenue is derived from the provision of Inspection Services.
15GF Score
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