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Gujarat Pipavav PortNSE:GPPL -2.82%93 Return-on-Tangible-Asset is 18.83% as of Mar. 2026, which is 65% above its 10-year median of 11.43. GuruFocus rates NSE:GPPL with a GF Score™ of 93/100 and a GF Value™ of ₹192.73 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,009 Transportation companies, Gujarat Pipavav Port ranks better than 95.54% 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. Gujarat Pipavav Port's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹5,688 Mil. Gujarat Pipavav Port's average total tangible assets for the quarter that ended in Mar. 2026 was ₹30,211 Mil. Therefore, Gujarat Pipavav Port's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 18.83%.
The historical rank and industry rank for Gujarat Pipavav Port's Return-on-Tangible-Asset or its related term are showing as below:
NSE:GPPL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.34 Med: 11.43 Max: 17.34
Current: 17.34
During the past 13 years, Gujarat Pipavav Port's highest Return-on-Tangible-Asset was 17.34%. The lowest was 7.34%. And the median was 11.43%.
NSE:GPPL's Return-on-Tangible-Asset is ranked better than 95.54% of 1009
companies
in the Transportation industry
Industry Median: 3.78
vs NSE:GPPL: 17.34
Gujarat Pipavav Port (NSE:GPPL) 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.
Gujarat Pipavav Port Return-on-Tangible-Asset Related Terms
Gujarat Pipavav Port Return-on-Tangible-Asset Historical Data
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The historical data trend for Gujarat Pipavav Port'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.
Gujarat Pipavav Port Return-on-Tangible-Asset Chart
Gujarat Pipavav Port Return-on-Tangible-Asset Competitor Comparison
For the Marine Shipping subindustry, Gujarat Pipavav Port'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.
Gujarat Pipavav Port Return-on-Tangible-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Gujarat Pipavav Port's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gujarat Pipavav Port'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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 18.83% mean?
Gujarat Pipavav Port (NSE:GPPL) has a Return-on-Tangible-Asset of 18.83% 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 Gujarat Pipavav Port and its competitors. This is 65% above median its historical median of 11.43. Over the past decade, Gujarat Pipavav Port's Return-on-Tangible-Asset has ranged from 7.34 to 17.34. According to the industry distribution chart, Gujarat Pipavav Port ranks #45 out of 1009 companies in the Transportation industry, placing it in the top 4.5%.
Is Gujarat Pipavav Port's Return-on-Tangible-Asset too high?
Gujarat Pipavav Port's current Return-on-Tangible-Asset of 18.83% is 65% above median its 10-year median of 11.43. Over the past 10 years, this metric has ranged from a low of 7.34 to a high of 17.34. The Transportation industry median Return-on-Tangible-Asset is 3.78. Gujarat Pipavav Port's value of 18.83% is 398.1% above this industry median. Based on the distribution chart, Gujarat Pipavav Port ranks #45 out of 1009 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Gujarat Pipavav Port has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gujarat Pipavav Port's Return-on-Tangible-Asset compare to competitors?
According to the Transportation industry distribution chart, Gujarat Pipavav Port ranks #45 out of 1009 companies for Return-on-Tangible-Asset. This places Gujarat Pipavav Port in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.78. Gujarat Pipavav Port's value of 18.83% is 398.1% above this benchmark. Historically, Gujarat Pipavav Port's own Return-on-Tangible-Asset has ranged from 7.34 to 17.34 over the past decade. While the company's 10-year median is 11.43 vs. the industry median of 3.78, Gujarat Pipavav Port 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 Transportation company?
The median Return-on-Tangible-Asset among Transportation companies is 3.78, based on 1,009 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. Gujarat Pipavav Port's current Return-on-Tangible-Asset of 18.83% is 398.1% 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 Gujarat Pipavav Port and its competitors. For the Transportation industry, the median Return-on-Tangible-Asset is 3.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gujarat Pipavav Port's current Return-on-Tangible-Asset is 18.83%, which is 65% above median its own 10-year median of 11.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gujarat Pipavav Port stock overvalued right now?
Based on GuruFocus' analysis, Gujarat Pipavav Port (NSE:GPPL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹192.73, compared to a current price of ₹151.18 — trading 21.6% below its estimated fair value. The current Return-on-Tangible-Asset is 18.83%, which is 65% above median its 10-year median of 11.43 and 398.1% above the Transportation industry median of 3.78. Gujarat Pipavav Port's overall GF Score™ is 93/100 with 1 warning sign 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 Gujarat Pipavav Port (NSE:GPPL), the current Return-on-Tangible-Asset is 18.83% 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.
Is Gujarat Pipavav Port (NSE:GPPL) Overvalued in 2026?
Based on GuruFocus' analysis, Gujarat Pipavav Port stock appears to be undervalued.
The current stock price of ₹151.18 is trading 21.6% below its estimated GF Value™ of ₹192.73.
GuruFocus considers Gujarat Pipavav Port to be Modestly Undervalued.
Key valuation signals for NSE:GPPL:
Return-on-Tangible-Asset: 18.83% (65% above median its 10-year median of 11.43)
GF Value™: ₹192.73 vs. price of ₹151.18 (21.6% below fair value)
Industry Position: 398.1% above the Transportation median (#45 of 1009)
No single metric tells the full story. See the NSE:GPPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Gujarat Pipavav Port Ltd is a terminal port operator. The company constructs, maintains, and operates a terminal port at Pipavav in Gujarat, India. The firm's port facilitates imports and exports of dry bulk cargo, namely coal and fertilizer, liquid cargo, including liquid petroleum gas, and roll-on/roll-off cargo, principally passenger vehicles. The company also provides material handling services, cargo storage, and warehousing services. It operates only in one Business Segment, i.e., 'Port Services'. The company generates revenue domestically.
93GF Score
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