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IG PetrochemicalsNSE:IGPL -0.86%77 Return-on-Tangible-Asset is 4.89% as of Mar. 2026, which is 57% below its 10-year median of 11.34. GuruFocus rates NSE:IGPL with a GF Score™ of 77/100 and a GF Value™ of ₹398.44 (Fairly Valued). The stock has 11 warning signs investors should review. Among 1,612 Chemicals companies, IG Petrochemicals ranks worse than 71.34% 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. IG Petrochemicals's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,123 Mil. IG Petrochemicals's average total tangible assets for the quarter that ended in Mar. 2026 was ₹22,978 Mil. Therefore, IG Petrochemicals's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 4.89%.
The historical rank and industry rank for IG Petrochemicals's Return-on-Tangible-Asset or its related term are showing as below:
NSE:IGPL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.1 Med: 11.34 Max: 19.28
Current: 0.1
During the past 13 years, IG Petrochemicals's highest Return-on-Tangible-Asset was 19.28%. The lowest was 0.10%. And the median was 11.34%.
NSE:IGPL's Return-on-Tangible-Asset is ranked worse than 71.34% of 1612
companies
in the Chemicals industry
Industry Median: 3.075
vs NSE:IGPL: 0.10
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.
IG Petrochemicals Return-on-Tangible-Asset Related Terms
IG Petrochemicals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for IG Petrochemicals'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:IGPL vs DOW: Return-on-Tangible-Asset Comparison
For the Chemicals subindustry, IG Petrochemicals'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.
IG Petrochemicals Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, IG Petrochemicals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where IG Petrochemicals'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 4.89% mean?
IG Petrochemicals (NSE:IGPL) has a Return-on-Tangible-Asset of 4.89% 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 IG Petrochemicals and its competitors. This is 57% below median its historical median of 11.34. Over the past decade, IG Petrochemicals' Return-on-Tangible-Asset has ranged from 0.10 to 19.28. According to the industry distribution chart, IG Petrochemicals ranks #1150 out of 1612 companies in the Chemicals industry, placing it in the top 71.3%.
Is IG Petrochemicals' Return-on-Tangible-Asset too high?
IG Petrochemicals' current Return-on-Tangible-Asset of 4.89% is 57% below median its 10-year median of 11.34. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 19.28. The Chemicals industry median Return-on-Tangible-Asset is 3.08. IG Petrochemicals' value of 4.89% is 59% above this industry median. Based on the distribution chart, IG Petrochemicals ranks #1150 out of 1612 companies in the Chemicals industry, which is below the industry midpoint. Overall, IG Petrochemicals has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does IG Petrochemicals' Return-on-Tangible-Asset compare to DOW?
According to the Chemicals industry distribution chart, IG Petrochemicals ranks #1150 out of 1612 companies for Return-on-Tangible-Asset. This places IG Petrochemicals in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.08. IG Petrochemicals' value of 4.89% is 59% above this benchmark. Historically, IG Petrochemicals' own Return-on-Tangible-Asset has ranged from 0.10 to 19.28 over the past decade. While the company's 10-year median is 11.34 vs. the industry median of 3.08, IG Petrochemicals 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 3.08, based on 1,612 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. IG Petrochemicals's current Return-on-Tangible-Asset of 4.89% is 59% 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 IG Petrochemicals and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IG Petrochemicals's current Return-on-Tangible-Asset is 4.89%, which is 57% below median its own 10-year median of 11.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IG Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, IG Petrochemicals (NSE:IGPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹398.44, compared to a current price of ₹427.85 — trading 7.4% above its estimated fair value. The current Return-on-Tangible-Asset is 4.89%, which is 57% below median its 10-year median of 11.34 and 59% above the Chemicals industry median of 3.08. IG Petrochemicals' overall GF Score™ is 77/100 with 11 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 IG Petrochemicals (NSE:IGPL), the current Return-on-Tangible-Asset is 4.89% 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 IG Petrochemicals (NSE:IGPL) Overvalued in 2026?
Based on GuruFocus' analysis, IG Petrochemicals stock appears to be overvalued.
The current stock price of ₹427.85 is trading 7.4% above its estimated GF Value™ of ₹398.44.
GuruFocus considers IG Petrochemicals to be Fairly Valued.
Key valuation signals for NSE:IGPL:
Return-on-Tangible-Asset: 4.89% (57% below median its 10-year median of 11.34)
GF Value™: ₹398.44 vs. price of ₹427.85 (7.4% above fair value)
Industry Position: 59% above the Chemicals median (#1150 of 1612)
No single metric tells the full story. See the NSE:IGPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IG Petrochemicals Ltd is engaged in the manufacture and sale of organic chemicals. The company produces Phthalic Anhydride, Maleic Anhydride, and Benzoic Acid. Phthalic Anhydride is used for the manufacture of polyvinyl chloride products for manufacturing a range of consumer care, personal care, and home care products like shoes, pipes and hoses, boxes, containers, packaging films, medical and surgical equipment, and others. Geographically, the firm has a presence in both the Indian and international markets of which the Indian region accounts for the majority of revenue.
77GF Score
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