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.
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.
Jay Bee LaminationsNSE:JAYBEE +0.12%48 Return-on-Tangible-Asset is 10.39% as of Mar. 2026, which is 2% below its 10-year median of 10.61. GuruFocus rates NSE:JAYBEE with a GF Score™ of 48/100. The stock has 5 warning signs investors should review. Among 3,086 Industrial Products companies, Jay Bee Laminations ranks better than 71.03% 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. Jay Bee Laminations's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹292 Mil. Jay Bee Laminations's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,806 Mil. Therefore, Jay Bee Laminations's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.39%.
The historical rank and industry rank for Jay Bee Laminations's Return-on-Tangible-Asset or its related term are showing as below:
NSE:JAYBEE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.55 Med: 10.61 Max: 15.75
Current: 6.94
During the past 6 years, Jay Bee Laminations's highest Return-on-Tangible-Asset was 15.75%. The lowest was -3.55%. And the median was 10.61%.
NSE:JAYBEE's Return-on-Tangible-Asset is ranked better than 71.03% of 3086
companies
in the Industrial Products industry
Industry Median: 3.45
vs NSE:JAYBEE: 6.94
Jay Bee Laminations (NSE:JAYBEE) 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.
Jay Bee Laminations Return-on-Tangible-Asset Related Terms
Jay Bee Laminations Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Jay Bee Laminations'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.
Jay Bee Laminations Return-on-Tangible-Asset Chart
NSE:JAYBEE vs CRS, ATI, MLI: Return-on-Tangible-Asset Comparison
For the Metal Fabrication subindustry, Jay Bee Laminations'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.
Jay Bee Laminations Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Jay Bee Laminations's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jay Bee Laminations'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 10.39% mean?
Jay Bee Laminations (NSE:JAYBEE) has a Return-on-Tangible-Asset of 10.39% 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 Jay Bee Laminations and its competitors. This is near median its historical median of 10.61. According to the industry distribution chart, Jay Bee Laminations ranks #894 out of 3086 companies in the Industrial Products industry, placing it in the top 29%.
Is Jay Bee Laminations' Return-on-Tangible-Asset too high?
Jay Bee Laminations' current Return-on-Tangible-Asset of 10.39% is near median its 10-year median of 10.61. The Industrial Products industry median Return-on-Tangible-Asset is 3.45. Jay Bee Laminations' value of 10.39% is 201.2% above this industry median. Based on the distribution chart, Jay Bee Laminations ranks #894 out of 3086 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Jay Bee Laminations has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Jay Bee Laminations' Return-on-Tangible-Asset compare to CRS and ATI?
According to the Industrial Products industry distribution chart, Jay Bee Laminations ranks #894 out of 3086 companies for Return-on-Tangible-Asset. This puts Jay Bee Laminations in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.45. Jay Bee Laminations' value of 10.39% is 201.2% above this benchmark. While the company's 10-year median is 10.61 vs. the industry median of 3.45, Jay Bee Laminations 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.45, based on 3,086 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. Jay Bee Laminations's current Return-on-Tangible-Asset of 10.39% is 201.2% 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 Jay Bee Laminations and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jay Bee Laminations's current Return-on-Tangible-Asset is 10.39%, which is near median its own 10-year median of 10.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jay Bee Laminations stock overvalued right now?
Jay Bee Laminations (NSE:JAYBEE) has a current Return-on-Tangible-Asset of 10.39%. The current Return-on-Tangible-Asset is 10.39%, which is near median its 10-year median of 10.61 and 201.2% above the Industrial Products industry median of 3.45. Jay Bee Laminations' overall GF Score™ is 48/100 with 5 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 Jay Bee Laminations (NSE:JAYBEE), the current Return-on-Tangible-Asset is 10.39% 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.
Jay Bee Laminations Ltd manufactures and supplies products that include electrical laminations, slit coils, and assembled cores made of Cold Rolled Grain Oriented Silicon steel and Cold-Rolled Non-Grain Oriented Steel for applications in transformers, UPS, and inverters, for end-use in the power industry.
48GF Score
Get the complete analysis for NSE:JAYBEE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:JAYBEE has been successfully added to your 
