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Patel RetailNSE:PATELRMART -0.30%17 Return-on-Tangible-Asset is 6.44% as of Mar. 2026, which is 9% below its 10-year median of 7.08. GuruFocus rates NSE:PATELRMART with a GF Score™ of 17/100. The stock has 3 warning signs investors should review. Among 1,137 Retail - Cyclical companies, Patel Retail ranks better than 68.87% 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. Patel Retail's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹399 Mil. Patel Retail's average total tangible assets for the quarter that ended in Mar. 2026 was ₹6,198 Mil. Therefore, Patel Retail's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 6.44%.
The historical rank and industry rank for Patel Retail's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PATELRMART'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.42 Med: 7.08 Max: 7.79
Current: 6.2
During the past 4 years, Patel Retail's highest Return-on-Tangible-Asset was 7.79%. The lowest was 5.42%. And the median was 7.08%.
NSE:PATELRMART's Return-on-Tangible-Asset is ranked better than 68.87% of 1137
companies
in the Retail - Cyclical industry
Industry Median: 2.93
vs NSE:PATELRMART: 6.20
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.
Patel Retail Return-on-Tangible-Asset Related Terms
Patel Retail Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Patel Retail'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:PATELRMART vs DDS, M: Return-on-Tangible-Asset Comparison
For the Department Stores subindustry, Patel Retail'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.
Patel Retail Return-on-Tangible-Asset vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Patel Retail's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Patel Retail'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 6.44% mean?
Patel Retail (NSE:PATELRMART) has a Return-on-Tangible-Asset of 6.44% 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 Patel Retail and its competitors. This is near median its historical median of 7.08. Over the past decade, Patel Retail's Return-on-Tangible-Asset has ranged from 5.42 to 7.79. According to the industry distribution chart, Patel Retail ranks #354 out of 1137 companies in the Retail - Cyclical industry, placing it in the top 31.1%.
Is Patel Retail's Return-on-Tangible-Asset too high?
Patel Retail's current Return-on-Tangible-Asset of 6.44% is near median its 10-year median of 7.08. Over the past 10 years, this metric has ranged from a low of 5.42 to a high of 7.79. The Retail - Cyclical industry median Return-on-Tangible-Asset is 2.93. Patel Retail's value of 6.44% is 119.8% above this industry median. Based on the distribution chart, Patel Retail ranks #354 out of 1137 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Patel Retail has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Patel Retail's Return-on-Tangible-Asset compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Patel Retail ranks #354 out of 1137 companies for Return-on-Tangible-Asset. This puts Patel Retail in the upper half of its industry. The industry median Return-on-Tangible-Asset is 2.93. Patel Retail's value of 6.44% is 119.8% above this benchmark. Historically, Patel Retail's own Return-on-Tangible-Asset has ranged from 5.42 to 7.79 over the past decade. While the company's 10-year median is 7.08 vs. the industry median of 2.93, Patel Retail 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 Retail - Cyclical company?
The median Return-on-Tangible-Asset among Retail - Cyclical companies is 2.93, based on 1,137 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. Patel Retail's current Return-on-Tangible-Asset of 6.44% is 119.8% 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 Patel Retail and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Asset is 2.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Patel Retail's current Return-on-Tangible-Asset is 6.44%, which is near median its own 10-year median of 7.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patel Retail stock overvalued right now?
Patel Retail (NSE:PATELRMART) has a current Return-on-Tangible-Asset of 6.44%. The current Return-on-Tangible-Asset is 6.44%, which is near median its 10-year median of 7.08 and 119.8% above the Retail - Cyclical industry median of 2.93. Patel Retail's overall GF Score™ is 17/100 with 3 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 Patel Retail (NSE:PATELRMART), the current Return-on-Tangible-Asset is 6.44% 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.
Patel Retail Ltd is engaged as a retail supermarket chain operating in tier-III cities and nearby suburban areas, with focus on value retail, offering food, non-food (FMCG), general merchandise and apparel catering to the needs of the entire family. Its operations are spread across the suburban area of Thane and Raigad district in Maharashtra. The company operates and manages approximately forty three (43) stores, with a Retail Business Area25 of approx. 1,78,946 square feet.
17GF Score
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