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GE Power IndiaNSE:GVPIL -2.14%47 Return-on-Tangible-Asset is 21.18% as of Mar. 2026, which is 1529% above its 10-year median of 1.30. GuruFocus rates NSE:GVPIL with a GF Score™ of 47/100 and a GF Value™ of ₹339.67 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,786 Construction companies, GE Power India ranks better than 90.48% 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. GE Power India's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹4,528 Mil. GE Power India's average total tangible assets for the quarter that ended in Mar. 2026 was ₹21,384 Mil. Therefore, GE Power India's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 21.18%.
The historical rank and industry rank for GE Power India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:GVPIL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.94 Med: 1.3 Max: 12.48
Current: 12.48
During the past 13 years, GE Power India's highest Return-on-Tangible-Asset was 12.48%. The lowest was -13.94%. And the median was 1.30%.
NSE:GVPIL's Return-on-Tangible-Asset is ranked better than 90.48% of 1786
companies
in the Construction industry
Industry Median: 3.055
vs NSE:GVPIL: 12.48
GE Power India (NSE:GVPIL) 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.
GE Power India Return-on-Tangible-Asset Related Terms
GE Power India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for GE Power 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.
NSE:GVPIL vs PWR, FIX, EME: Return-on-Tangible-Asset Comparison
For the Engineering & Construction subindustry, GE Power 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.
GE Power India Return-on-Tangible-Asset vs Construction Industry
For the Construction industry and Industrials sector, GE Power India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where GE Power 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 21.18% mean?
GE Power India (NSE:GVPIL) has a Return-on-Tangible-Asset of 21.18% 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 GE Power India and its competitors. This is 1529% above median its historical median of 1.30. According to the industry distribution chart, GE Power India ranks #170 out of 1786 companies in the Construction industry, placing it in the top 9.5%.
Is GE Power India's Return-on-Tangible-Asset too high?
GE Power India's current Return-on-Tangible-Asset of 21.18% is 1529% above median its 10-year median of 1.30. The Construction industry median Return-on-Tangible-Asset is 3.06. GE Power India's value of 21.18% is 593.3% above this industry median. Based on the distribution chart, GE Power India ranks #170 out of 1786 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, GE Power India has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GE Power India's Return-on-Tangible-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, GE Power India ranks #170 out of 1786 companies for Return-on-Tangible-Asset. This places GE Power India in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.06. GE Power India's value of 21.18% is 593.3% above this benchmark. While the company's 10-year median is 1.30 vs. the industry median of 3.06, GE Power 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 Construction company?
The median Return-on-Tangible-Asset among Construction companies is 3.06, based on 1,786 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. GE Power India's current Return-on-Tangible-Asset of 21.18% is 593.3% 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 GE Power India and its competitors. For the Construction industry, the median Return-on-Tangible-Asset is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GE Power India's current Return-on-Tangible-Asset is 21.18%, which is 1529% above median its own 10-year median of 1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GE Power India stock overvalued right now?
Based on GuruFocus' analysis, GE Power India (NSE:GVPIL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹339.67, compared to a current price of ₹726.60 — trading 113.9% above its estimated fair value. The current Return-on-Tangible-Asset is 21.18%, which is 1529% above median its 10-year median of 1.30 and 593.3% above the Construction industry median of 3.06. GE Power India's overall GF Score™ is 47/100 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 GE Power India (NSE:GVPIL), the current Return-on-Tangible-Asset is 21.18% 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 GE Power India (NSE:GVPIL) Overvalued in 2026?
Based on GuruFocus' analysis, GE Power India stock appears to be overvalued.
The current stock price of ₹726.60 is trading 113.9% above its estimated GF Value™ of ₹339.67.
GuruFocus considers GE Power India to be Significantly Overvalued.
Key valuation signals for NSE:GVPIL:
Return-on-Tangible-Asset: 21.18% (1529% above median its 10-year median of 1.30)
GF Value™: ₹339.67 vs. price of ₹726.60 (113.9% above fair value)
Industry Position: 593.3% above the Construction median (#170 of 1786)
No single metric tells the full story. See the NSE:GVPIL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GE Power India Ltd engages in the construction, engineering, procurement, manufacturing, and servicing of power plants and equipment in India. The company generates the majority of revenue domestically. The company offers products including supercritical and ultra-supercritical boilers, high pressure and beater mills, environmental control systems, automation systems, and gas power systems. Hydro and thermal solutions are also offered, including steam turbine retrofitting.
47GF Score
Get the complete analysis for NSE:GVPIL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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