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Berger Paints IndiaNSE:BERGEPAINT -0.23%96 Return-on-Tangible-Asset is 16.77% as of Jun. 2026, which is 23% above its 10-year median of 13.66. GuruFocus rates NSE:BERGEPAINT with a GF Score™ of 96/100 and a GF Value™ of ₹581.50 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,615 Chemicals companies, Berger Paints India ranks better than 92.38% 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. Berger Paints India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹16,174 Mil. Berger Paints India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹96,432 Mil. Therefore, Berger Paints India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 16.77%.
The historical rank and industry rank for Berger Paints India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:BERGEPAINT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.78 Med: 13.66 Max: 15.96
Current: 13.28
During the past 13 years, Berger Paints India's highest Return-on-Tangible-Asset was 15.96%. The lowest was 11.78%. And the median was 13.66%.
NSE:BERGEPAINT's Return-on-Tangible-Asset is ranked better than 92.38% of 1615
companies
in the Chemicals industry
Industry Median: 3.19
vs NSE:BERGEPAINT: 13.28
Berger Paints India (NSE:BERGEPAINT) 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.
Berger Paints India Return-on-Tangible-Asset Related Terms
Berger Paints India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Berger Paints 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.
Berger Paints India Return-on-Tangible-Asset Chart
NSE:BERGEPAINT vs LIN, SHW, ECL: Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Berger Paints 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.
Berger Paints India Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Berger Paints India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Berger Paints 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 four times the quarterly (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 16.77% mean?
Berger Paints India (NSE:BERGEPAINT) has a Return-on-Tangible-Asset of 16.77% 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 Berger Paints India and its competitors. This is 23% above median its historical median of 13.66. Over the past decade, Berger Paints India's Return-on-Tangible-Asset has ranged from 11.78 to 15.96. According to the industry distribution chart, Berger Paints India ranks #123 out of 1615 companies in the Chemicals industry, placing it in the top 7.6%.
Is Berger Paints India's Return-on-Tangible-Asset too high?
Berger Paints India's current Return-on-Tangible-Asset of 16.77% is 23% above median its 10-year median of 13.66. Over the past 10 years, this metric has ranged from a low of 11.78 to a high of 15.96. The Chemicals industry median Return-on-Tangible-Asset is 3.19. Berger Paints India's value of 16.77% is 425.7% above this industry median. Based on the distribution chart, Berger Paints India ranks #123 out of 1615 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Berger Paints India has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Berger Paints India's Return-on-Tangible-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Berger Paints India ranks #123 out of 1615 companies for Return-on-Tangible-Asset. This places Berger Paints India in the top 8% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.19. Berger Paints India's value of 16.77% is 425.7% above this benchmark. Historically, Berger Paints India's own Return-on-Tangible-Asset has ranged from 11.78 to 15.96 over the past decade. While the company's 10-year median is 13.66 vs. the industry median of 3.19, Berger Paints 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.19, based on 1,615 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. Berger Paints India's current Return-on-Tangible-Asset of 16.77% is 425.7% 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 Berger Paints India and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Berger Paints India's current Return-on-Tangible-Asset is 16.77%, which is 23% above median its own 10-year median of 13.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Berger Paints India stock overvalued right now?
Based on GuruFocus' analysis, Berger Paints India (NSE:BERGEPAINT) is currently considered Fairly Valued. The stock's GF Value™ is ₹581.50, compared to a current price of ₹545.10 — trading 6.3% below its estimated fair value. The current Return-on-Tangible-Asset is 16.77%, which is 23% above median its 10-year median of 13.66 and 425.7% above the Chemicals industry median of 3.19. Berger Paints India's overall GF Score™ is 96/100 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 Berger Paints India (NSE:BERGEPAINT), the current Return-on-Tangible-Asset is 16.77% 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 Berger Paints India (NSE:BERGEPAINT) Overvalued in 2026?
Based on GuruFocus' analysis, Berger Paints India stock appears to be undervalued.
The current stock price of ₹545.10 is trading 6.3% below its estimated GF Value™ of ₹581.50.
GuruFocus considers Berger Paints India to be Fairly Valued.
Key valuation signals for NSE:BERGEPAINT:
Return-on-Tangible-Asset: 16.77% (23% above median its 10-year median of 13.66)
GF Value™: ₹581.50 vs. price of ₹545.10 (6.3% below fair value)
Industry Position: 425.7% above the Chemicals median (#123 of 1615)
No single metric tells the full story. See the NSE:BERGEPAINT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Berger Paints India Ltd manufactures and sells a variety of paints, coatings, and sealants. The majority of the company's revenue comes from the sale of decorative acrylic paints used for interior and exterior housing, wood coatings, primers, thinners, and putties under the Berger brand name. The company also sells industrial paints to the automotive industry as well as protective and powder coatings used to protect steel, concrete, furniture, hospital items, and garden tools. All the revenue comes from India.
96GF Score
Get the complete analysis for NSE:BERGEPAINT
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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