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Ajanta PharmaNSE:AJANTPHARM +0.38%95 Return-on-Tangible-Asset is 21.87% as of Jun. 2026, which is 19% above its 10-year median of 18.36. GuruFocus rates NSE:AJANTPHARM with a GF Score™ of 95/100 and a GF Value™ of ₹3,361.36 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,008 Drug Manufacturers companies, Ajanta Pharma ranks better than 93.95% 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. Ajanta Pharma's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹13,369 Mil. Ajanta Pharma's average total tangible assets for the quarter that ended in Jun. 2026 was ₹61,133 Mil. Therefore, Ajanta Pharma's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 21.87%.
The historical rank and industry rank for Ajanta Pharma's Return-on-Tangible-Asset or its related term are showing as below:
NSE:AJANTPHARM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 13.49 Med: 18.36 Max: 30.5
Current: 20.37
During the past 13 years, Ajanta Pharma's highest Return-on-Tangible-Asset was 30.50%. The lowest was 13.49%. And the median was 18.36%.
NSE:AJANTPHARM's Return-on-Tangible-Asset is ranked better than 93.95% of 1008
companies
in the Drug Manufacturers industry
Industry Median: 2.82
vs NSE:AJANTPHARM: 20.37
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.
Ajanta Pharma Return-on-Tangible-Asset Related Terms
Ajanta Pharma Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Ajanta Pharma'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.
NSE:AJANTPHARM vs ZTS: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Ajanta Pharma'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.
Ajanta Pharma Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Ajanta Pharma's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ajanta Pharma'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 21.87% mean?
Ajanta Pharma (NSE:AJANTPHARM) has a Return-on-Tangible-Asset of 21.87% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ajanta Pharma and its competitors. This is 19% above median its historical median of 18.36. Over the past decade, Ajanta Pharma's Return-on-Tangible-Asset has ranged from 13.49 to 30.50. According to the industry distribution chart, Ajanta Pharma ranks #61 out of 1008 companies in the Drug Manufacturers industry, placing it in the top 6.1%.
Is Ajanta Pharma's Return-on-Tangible-Asset too high?
Ajanta Pharma's current Return-on-Tangible-Asset of 21.87% is 19% above median its 10-year median of 18.36. Over the past 10 years, this metric has ranged from a low of 13.49 to a high of 30.50. The Drug Manufacturers industry median Return-on-Tangible-Asset is 2.82. Ajanta Pharma's value of 21.87% is 675.5% above this industry median. Based on the distribution chart, Ajanta Pharma ranks #61 out of 1008 companies in the Drug Manufacturers industry, which is in the top quartile — a strong position relative to peers. Overall, Ajanta Pharma has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ajanta Pharma's Return-on-Tangible-Asset compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Ajanta Pharma ranks #61 out of 1008 companies for Return-on-Tangible-Asset. This places Ajanta Pharma in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.82. Ajanta Pharma's value of 21.87% is 675.5% above this benchmark. Historically, Ajanta Pharma's own Return-on-Tangible-Asset has ranged from 13.49 to 30.50 over the past decade. While the company's 10-year median is 18.36 vs. the industry median of 2.82, Ajanta Pharma 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 2.82, based on 1,008 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. Ajanta Pharma's current Return-on-Tangible-Asset of 21.87% is 675.5% 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 Ajanta Pharma and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 2.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ajanta Pharma's current Return-on-Tangible-Asset is 21.87%, which is 19% above median its own 10-year median of 18.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ajanta Pharma stock overvalued right now?
Based on GuruFocus' analysis, Ajanta Pharma (NSE:AJANTPHARM) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,361.36, compared to a current price of ₹3,533.40 — trading 5.1% above its estimated fair value. The current Return-on-Tangible-Asset is 21.87%, which is 19% above median its 10-year median of 18.36 and 675.5% above the Drug Manufacturers industry median of 2.82. Ajanta Pharma's overall GF Score™ is 95/100 with 6 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 Ajanta Pharma (NSE:AJANTPHARM), the current Return-on-Tangible-Asset is 21.87% as of Jun. 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.
Is Ajanta Pharma (NSE:AJANTPHARM) Overvalued in 2026?
Based on GuruFocus' analysis, Ajanta Pharma stock appears to be overvalued.
The current stock price of ₹3,533.40 is trading 5.1% above its estimated GF Value™ of ₹3,361.36.
GuruFocus considers Ajanta Pharma to be Fairly Valued.
Key valuation signals for NSE:AJANTPHARM:
Return-on-Tangible-Asset: 21.87% (19% above median its 10-year median of 18.36)
GF Value™: ₹3,361.36 vs. price of ₹3,533.40 (5.1% above fair value)
Industry Position: 675.5% above the Drug Manufacturers median (#61 of 1008)
No single metric tells the full story. See the NSE:AJANTPHARM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ajanta Pharma Ltd is mainly involved in development, manufacturing and marketing of speciality pharmaceutical finished dosages. The operations of the Group are limited to only one segment viz. pharmaceuticals and related products. The company has presence in India, Emerging Market, Africa Institution, and USA. The company generates majority of revenue from Emerging market.
95GF Score
Get the complete analysis for NSE:AJANTPHARM
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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