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Pavna IndustriesNSE:PAVNAIND -0.64%58 Return-on-Tangible-Asset is 2.63% as of Mar. 2026, which is 33% below its 10-year median of 3.95. GuruFocus rates NSE:PAVNAIND with a GF Score™ of 58/100 and a GF Value™ of ₹32.47 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,334 Vehicles & Parts companies, Pavna Industries ranks worse than 66.04% 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. Pavna Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹98 Mil. Pavna Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹3,713 Mil. Therefore, Pavna Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.63%.
The historical rank and industry rank for Pavna Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PAVNAIND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.42 Med: 3.95 Max: 10.73
Current: 1.42
During the past 9 years, Pavna Industries's highest Return-on-Tangible-Asset was 10.73%. The lowest was 1.42%. And the median was 3.95%.
NSE:PAVNAIND's Return-on-Tangible-Asset is ranked worse than 66.04% of 1334
companies
in the Vehicles & Parts industry
Industry Median: 3.35
vs NSE:PAVNAIND: 1.42
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.
Pavna Industries Return-on-Tangible-Asset Related Terms
Pavna Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Pavna Industries'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:PAVNAIND vs ORLY, AZO: Return-on-Tangible-Asset Comparison
For the Auto Parts subindustry, Pavna Industries'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.
Pavna Industries Return-on-Tangible-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Pavna Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Pavna Industries'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 2.63% mean?
Pavna Industries (NSE:PAVNAIND) has a Return-on-Tangible-Asset of 2.63% 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 Pavna Industries and its competitors. This is 33% below median its historical median of 3.95. Over the past decade, Pavna Industries' Return-on-Tangible-Asset has ranged from 1.42 to 10.73. According to the industry distribution chart, Pavna Industries ranks #881 out of 1334 companies in the Vehicles & Parts industry, placing it in the top 66%.
Is Pavna Industries' Return-on-Tangible-Asset too high?
Pavna Industries' current Return-on-Tangible-Asset of 2.63% is 33% below median its 10-year median of 3.95. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 10.73. The Vehicles & Parts industry median Return-on-Tangible-Asset is 3.35. Pavna Industries' value of 2.63% is 21.5% below this industry median. Based on the distribution chart, Pavna Industries ranks #881 out of 1334 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Pavna Industries has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pavna Industries' Return-on-Tangible-Asset compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Pavna Industries ranks #881 out of 1334 companies for Return-on-Tangible-Asset. This places Pavna Industries in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.35. Pavna Industries' value of 2.63% is 21.5% below this benchmark. Historically, Pavna Industries' own Return-on-Tangible-Asset has ranged from 1.42 to 10.73 over the past decade. While the company's 10-year median is 3.95 vs. the industry median of 3.35, Pavna Industries has consistently been below 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 Vehicles & Parts company?
The median Return-on-Tangible-Asset among Vehicles & Parts companies is 3.35, based on 1,334 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. Pavna Industries's current Return-on-Tangible-Asset of 2.63% is 21.5% below 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 Pavna Industries and its competitors. For the Vehicles & Parts industry, the median Return-on-Tangible-Asset is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pavna Industries's current Return-on-Tangible-Asset is 2.63%, which is 33% below median its own 10-year median of 3.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pavna Industries stock overvalued right now?
Based on GuruFocus' analysis, Pavna Industries (NSE:PAVNAIND) is currently considered Possible Value Trap. The stock's GF Value™ is ₹32.47, compared to a current price of ₹18.60 — trading 42.7% below its estimated fair value. The current Return-on-Tangible-Asset is 2.63%, which is 33% below median its 10-year median of 3.95 and 21.5% below the Vehicles & Parts industry median of 3.35. Pavna Industries' overall GF Score™ is 58/100 with 7 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 Pavna Industries (NSE:PAVNAIND), the current Return-on-Tangible-Asset is 2.63% 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 Pavna Industries (NSE:PAVNAIND) Overvalued in 2026?
Based on GuruFocus' analysis, Pavna Industries stock appears to be undervalued.
The current stock price of ₹18.60 is trading 42.7% below its estimated GF Value™ of ₹32.47.
GuruFocus considers Pavna Industries to be Possible Value Trap.
Key valuation signals for NSE:PAVNAIND:
Return-on-Tangible-Asset: 2.63% (33% below median its 10-year median of 3.95)
GF Value™: ₹32.47 vs. price of ₹18.60 (42.7% below fair value)
Industry Position: 21.5% below the Vehicles & Parts median (#881 of 1334)
No single metric tells the full story. See the NSE:PAVNAIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pavna Industries Ltd is engaged in the manufacturing of a wide range of automotive components for reputed Original Equipment Manufacturers (OEMs) and catering to various vehicle segments, including passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles, off-road vehicles, and Electric Vehicles. The company products include fuel tank caps, fuel cocks & Pumps, Casting & engine components, switches, handles, etc. The Company derives the majority of its revenues from the activities related to the manufacturing of Locks, Auto Locks, and Auto Parts in India.
58GF Score
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