ICICI Prudential Asset Management Co (NSE:ICICIAMC) Return-on-Tangible-Asset: 77.09% (As of Jun. 2026) — 16% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:ICICIAMC ICICI Prudential Asset Management Co Ltd NSE:ICICIAMC
22 GF Score
Price ₹3,228.90
View Full Analysis

What is ICICI Prudential Asset Management Co Return-on-Tangible-Asset?

ICICI Prudential Asset Management Co NSE:ICICIAMC -0.98% 22 Return-on-Tangible-Asset is 77.09% as of Jun. 2026, which is 16% above its 10-year median of 66.21. GuruFocus rates NSE:ICICIAMC with a GF Score™ of 22/100. Among 1,633 Asset Management companies, ICICI Prudential Asset Management Co ranks better than 99.2% 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. ICICI Prudential Asset Management Co's annualized Net Income for the quarter that ended in Jun. 2026 was ₹38,585 Mil. ICICI Prudential Asset Management Co's average total tangible assets for the quarter that ended in Jun. 2026 was ₹50,054 Mil. Therefore, ICICI Prudential Asset Management Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 77.09%.

The historical rank and industry rank for ICICI Prudential Asset Management Co's Return-on-Tangible-Asset or its related term are showing as below:

NSE:ICICIAMC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 54.42   Med: 66.21   Max: 73.89
Current: 73.89

During the past 4 years, ICICI Prudential Asset Management Co's highest Return-on-Tangible-Asset was 73.89%. The lowest was 54.42%. And the median was 66.21%.

NSE:ICICIAMC's Return-on-Tangible-Asset is ranked better than
99.2% of 1633 companies
in the Asset Management industry
Industry Median: 4.58 vs NSE:ICICIAMC: 73.89

ICICI Prudential Asset Management Co  (NSE:ICICIAMC) 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.


ICICI Prudential Asset Management Co Return-on-Tangible-Asset Related Terms


ICICI Prudential Asset Management Co Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for ICICI Prudential Asset Management Co'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.

ICICI Prudential Asset Management Co Return-on-Tangible-Asset Chart

ICICI Prudential Asset Management Co Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
54.42 64.98 67.43 70.60

ICICI Prudential Asset Management Co Quarterly Data
Mar23 Mar24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only 72.25 69.78 76.72 61.01 77.09

NSE:ICICIAMC vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison

For the Asset Management subindustry, ICICI Prudential Asset Management Co'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.


ICICI Prudential Asset Management Co Return-on-Tangible-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, ICICI Prudential Asset Management Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where ICICI Prudential Asset Management Co's Return-on-Tangible-Asset falls into.


NSE:ICICIAMC
22GF Score
ICICI Prudential Asset Management Co Ltd NSE:ICICIAMC
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ICICI Prudential Asset Management Co Return-on-Tangible-Asset Calculation

ICICI Prudential Asset Management Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=32982.6/( (43386.5+50053.7)/ 2 )
=32982.6/46720.1
=70.60 %

ICICI Prudential Asset Management Co's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=38585.2/( (50053.7+0)/ 1 )
=38585.2/50053.7
=77.09 %

* 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 77.09% mean?
ICICI Prudential Asset Management Co (NSE:ICICIAMC) has a Return-on-Tangible-Asset of 77.09% 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 ICICI Prudential Asset Management Co and its competitors. This is 16% above median its historical median of 66.21. Over the past decade, ICICI Prudential Asset Management Co's Return-on-Tangible-Asset has ranged from 54.42 to 73.89. According to the industry distribution chart, ICICI Prudential Asset Management Co ranks #13 out of 1633 companies in the Asset Management industry, placing it in the top 0.8%.
Is ICICI Prudential Asset Management Co's Return-on-Tangible-Asset too high?
ICICI Prudential Asset Management Co's current Return-on-Tangible-Asset of 77.09% is 16% above median its 10-year median of 66.21. Over the past 10 years, this metric has ranged from a low of 54.42 to a high of 73.89. The Asset Management industry median Return-on-Tangible-Asset is 4.58. ICICI Prudential Asset Management Co's value of 77.09% is 1583.2% above this industry median. Based on the distribution chart, ICICI Prudential Asset Management Co ranks #13 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, ICICI Prudential Asset Management Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does ICICI Prudential Asset Management Co's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, ICICI Prudential Asset Management Co ranks #13 out of 1633 companies for Return-on-Tangible-Asset. This places ICICI Prudential Asset Management Co in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.58. ICICI Prudential Asset Management Co's value of 77.09% is 1583.2% above this benchmark. Historically, ICICI Prudential Asset Management Co's own Return-on-Tangible-Asset has ranged from 54.42 to 73.89 over the past decade. While the company's 10-year median is 66.21 vs. the industry median of 4.58, ICICI Prudential Asset Management Co 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.58, based on 1,633 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. ICICI Prudential Asset Management Co's current Return-on-Tangible-Asset of 77.09% is 1583.2% 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 ICICI Prudential Asset Management Co and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ICICI Prudential Asset Management Co's current Return-on-Tangible-Asset is 77.09%, which is 16% above median its own 10-year median of 66.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ICICI Prudential Asset Management Co stock overvalued right now?
ICICI Prudential Asset Management Co (NSE:ICICIAMC) has a current Return-on-Tangible-Asset of 77.09%. The current Return-on-Tangible-Asset is 77.09%, which is 16% above median its 10-year median of 66.21 and 1583.2% above the Asset Management industry median of 4.58. ICICI Prudential Asset Management Co's overall GF Score™ is 22/100. 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 ICICI Prudential Asset Management Co (NSE:ICICIAMC), the current Return-on-Tangible-Asset is 77.09% 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.

ICICI Prudential Asset Management Co Business Description

Other Exchanges 544658:India
Address ICICI Prudential Mutual Fund Tower, Vakola, Santacruz East, Mumbai, MH, IND, 400055
ICICI Prudential Asset Management Co Ltd is engaged in providing asset management services to ICICI Prudential Mutual Fund, Alternative Investment Fund, and portfolio management and advisory services to clients. The Company offers a suite of investment products and advisory services under its Alternates business, catering to individual investors and institutional investors, including banks, insurance companies, corporates, and government entities. Its alternative investment product portfolio includes PMS, AIFs having equity-focused portfolios with long only and long-short strategies, private credit, and office yield funds. The primary segment of the Company is asset management services. The Company operates within India, which generates maximum revenue, and outside India.
22GF Score

Get the complete analysis for NSE:ICICIAMC

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

₹3,228.90
Price