International Biotechnology Trust (LSE:IBT) Return-on-Tangible-Asset: 54.13% (As of Feb. 2026) — 1025% Above Median

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LSE:IBT International Biotechnology Trust PLC LSE:IBT
36 GF Score
Price £10.85
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What is International Biotechnology Trust Return-on-Tangible-Asset?

International Biotechnology Trust LSE:IBT +0.46% 36 Return-on-Tangible-Asset is 54.13% as of Feb. 2026, which is 1025% above its 10-year median of 4.81. GuruFocus rates LSE:IBT with a GF Score™ of 36/100. The stock has 4 warning signs investors should review. Among 1,415 Biotechnology companies, International Biotechnology Trust ranks better than 96.25% 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. International Biotechnology Trust's annualized Net Income for the quarter that ended in Feb. 2026 was £170.87 Mil. International Biotechnology Trust's average total tangible assets for the quarter that ended in Feb. 2026 was £315.68 Mil. Therefore, International Biotechnology Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 54.13%.

The historical rank and industry rank for International Biotechnology Trust's Return-on-Tangible-Asset or its related term are showing as below:

LSE:IBT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.96   Med: 4.81   Max: 24.45
Current: 24.45

During the past 13 years, International Biotechnology Trust's highest Return-on-Tangible-Asset was 24.45%. The lowest was -6.96%. And the median was 4.81%.

LSE:IBT's Return-on-Tangible-Asset is ranked better than
96.25% of 1415 companies
in the Biotechnology industry
Industry Median: -35.75 vs LSE:IBT: 24.45

International Biotechnology Trust  (LSE:IBT) 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.


International Biotechnology Trust Return-on-Tangible-Asset Related Terms


International Biotechnology Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for International Biotechnology Trust'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.

International Biotechnology Trust Return-on-Tangible-Asset Chart

International Biotechnology Trust Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.57 -6.66 2.16 12.68 -0.40

International Biotechnology Trust Semi-Annual Data
Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
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 18.11 6.71 4.51 -5.47 54.13

LSE:IBT vs VRTX, REGN, RVMD: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, International Biotechnology Trust'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.


International Biotechnology Trust Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, International Biotechnology Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where International Biotechnology Trust's Return-on-Tangible-Asset falls into.


LSE:IBT
36GF Score
International Biotechnology Trust PLC LSE:IBT
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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International Biotechnology Trust Return-on-Tangible-Asset Calculation

International Biotechnology Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=-1.17/( (308.155+284.036)/ 2 )
=-1.17/296.0955
=-0.40 %

International Biotechnology Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Aug. 2025 )(Q: Feb. 2026 )
=170.866/( (284.036+347.324)/ 2 )
=170.866/315.68
=54.13 %

* 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 (Feb. 2026) net income data.

What does a Return-on-Tangible-Asset of 54.13% mean?
International Biotechnology Trust (LSE:IBT) has a Return-on-Tangible-Asset of 54.13% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on International Biotechnology Trust and its competitors. This is 1025% above median its historical median of 4.81. According to the industry distribution chart, International Biotechnology Trust ranks #53 out of 1415 companies in the Biotechnology industry, placing it in the top 3.7%.
Is International Biotechnology Trust's Return-on-Tangible-Asset too high?
International Biotechnology Trust's current Return-on-Tangible-Asset of 54.13% is 1025% above median its 10-year median of 4.81. Based on the distribution chart, International Biotechnology Trust ranks #53 out of 1415 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, International Biotechnology Trust has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does International Biotechnology Trust's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, International Biotechnology Trust ranks #53 out of 1415 companies for Return-on-Tangible-Asset. This places International Biotechnology Trust in the top 4% of its industry — outperforming the majority of peers. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 International Biotechnology Trust and its competitors. International Biotechnology Trust's current Return-on-Tangible-Asset is 54.13%, which is 1025% above median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Biotechnology Trust stock overvalued right now?
International Biotechnology Trust (LSE:IBT) has a current Return-on-Tangible-Asset of 54.13%. The current Return-on-Tangible-Asset is 54.13%, which is 1025% above median its 10-year median of 4.81. International Biotechnology Trust's overall GF Score™ is 36/100 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 International Biotechnology Trust (LSE:IBT), the current Return-on-Tangible-Asset is 54.13% as of Feb. 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.

International Biotechnology Trust Business Description

Address 1 London Wall Place, London, GBR, EC2Y 5AU
International Biotechnology Trust PLC is an investment trust company. It aims at achieving long-term capital growth by investing in biotechnology and other life sciences companies. It seeks to achieve its objective by investing in a diversified portfolio of companies which has good growth prospects. It focuses on investments in biotechnology companies which are engaged in on drug discovery and development, medical devices companies and healthcare services provider. The invests in various financial instruments such as equities, index-linked securities, debt securities, cash deposits, money market instruments ,and foreign currency exchange transactions. Its revenue comprises of dividend, interest and other income from investment made.
36GF Score

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

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