Parth Electricals & Engineering (NSE:PARTH) Return-on-Tangible-Asset: 9.29% (As of Mar. 2026) — Near Median

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NSE:PARTH Parth Electricals & Engineering Ltd NSE:PARTH
18 GF Score
Price ₹480.00
! 5 Warning Signs
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What is Parth Electricals & Engineering Return-on-Tangible-Asset?

Parth Electricals & Engineering NSE:PARTH -0.62% 18 Return-on-Tangible-Asset is 9.29% as of Mar. 2026, which is 6% above its 10-year median of 8.79. GuruFocus rates NSE:PARTH with a GF Score™ of 18/100. The stock has 5 warning signs investors should review. Among 3,078 Industrial Products companies, Parth Electricals & Engineering ranks better than 83.56% 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. Parth Electricals & Engineering's annualized Net Income for the quarter that ended in Mar. 2026 was ₹163 Mil. Parth Electricals & Engineering's average total tangible assets for the quarter that ended in Mar. 2026 was ₹1,752 Mil. Therefore, Parth Electricals & Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.29%.

The historical rank and industry rank for Parth Electricals & Engineering's Return-on-Tangible-Asset or its related term are showing as below:

NSE:PARTH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.83   Med: 8.79   Max: 11.71
Current: 9.35

During the past 4 years, Parth Electricals & Engineering's highest Return-on-Tangible-Asset was 11.71%. The lowest was 4.83%. And the median was 8.79%.

NSE:PARTH's Return-on-Tangible-Asset is ranked better than
83.56% of 3078 companies
in the Industrial Products industry
Industry Median: 3.26 vs NSE:PARTH: 9.35

Parth Electricals & Engineering  (NSE:PARTH) 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.


Parth Electricals & Engineering Return-on-Tangible-Asset Related Terms


Parth Electricals & Engineering Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Parth Electricals & Engineering'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.

Parth Electricals & Engineering Return-on-Tangible-Asset Chart

Parth Electricals & Engineering Annual Data
Trend Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
4.83 7.88 11.71 9.69

Parth Electricals & Engineering Semi-Annual Data
Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.00 12.45 11.25 9.05 9.29

NSE:PARTH vs VRT, BE: Return-on-Tangible-Asset Comparison

For the Electrical Equipment & Parts subindustry, Parth Electricals & Engineering'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.


Parth Electricals & Engineering Return-on-Tangible-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parth Electricals & Engineering's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Parth Electricals & Engineering's Return-on-Tangible-Asset falls into.


NSE:PARTH
18GF Score
Parth Electricals & Engineering Ltd NSE:PARTH
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Parth Electricals & Engineering Return-on-Tangible-Asset Calculation

Parth Electricals & Engineering'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 )
=142.379/( (1065.706+1873.593)/ 2 )
=142.379/1469.6495
=9.69 %

Parth Electricals & Engineering's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=162.692/( (1630.707+1873.593)/ 2 )
=162.692/1752.15
=9.29 %

* 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 9.29% mean?
Parth Electricals & Engineering (NSE:PARTH) has a Return-on-Tangible-Asset of 9.29% 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 Parth Electricals & Engineering and its competitors. This is near median its historical median of 8.79. Over the past decade, Parth Electricals & Engineering's Return-on-Tangible-Asset has ranged from 4.83 to 11.71. According to the industry distribution chart, Parth Electricals & Engineering ranks #506 out of 3078 companies in the Industrial Products industry, placing it in the top 16.4%.
Is Parth Electricals & Engineering's Return-on-Tangible-Asset too high?
Parth Electricals & Engineering's current Return-on-Tangible-Asset of 9.29% is near median its 10-year median of 8.79. Over the past 10 years, this metric has ranged from a low of 4.83 to a high of 11.71. The Industrial Products industry median Return-on-Tangible-Asset is 3.26. Parth Electricals & Engineering's value of 9.29% is 185% above this industry median. Based on the distribution chart, Parth Electricals & Engineering ranks #506 out of 3078 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Parth Electricals & Engineering has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Parth Electricals & Engineering's Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Parth Electricals & Engineering ranks #506 out of 3078 companies for Return-on-Tangible-Asset. This places Parth Electricals & Engineering in the top 16% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.26. Parth Electricals & Engineering's value of 9.29% is 185% above this benchmark. Historically, Parth Electricals & Engineering's own Return-on-Tangible-Asset has ranged from 4.83 to 11.71 over the past decade. While the company's 10-year median is 8.79 vs. the industry median of 3.26, Parth Electricals & Engineering 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 3.26, based on 3,078 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. Parth Electricals & Engineering's current Return-on-Tangible-Asset of 9.29% is 185% 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 Parth Electricals & Engineering and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parth Electricals & Engineering's current Return-on-Tangible-Asset is 9.29%, which is near median its own 10-year median of 8.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parth Electricals & Engineering stock overvalued right now?
Parth Electricals & Engineering (NSE:PARTH) has a current Return-on-Tangible-Asset of 9.29%. The current Return-on-Tangible-Asset is 9.29%, which is near median its 10-year median of 8.79 and 185% above the Industrial Products industry median of 3.26. Parth Electricals & Engineering's overall GF Score™ is 18/100 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 Parth Electricals & Engineering (NSE:PARTH), the current Return-on-Tangible-Asset is 9.29% 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.

Parth Electricals & Engineering Business Description

Address Ellora Park Main Road, 301, 3rd Floor, Riddhi Siddhi Elanza, Behind Domino's Pizza Outlet, Subhanpura, Vadodara, GJ, IND, 390023
Parth Electricals & Engineering Ltd is a technology-driven company with a focus on quality, design, and product development. It is engaged in the business of manufacturing electric switch gear equipment and, distribution of such products. providing services and undertaking the project work, thus operating in a single business segment.
18GF Score

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

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