Pudumjee Paper Products (NSE:PDMJEPAPER) Return-on-Tangible-Asset: 9.22% (As of Mar. 2026) — 36% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:PDMJEPAPER Pudumjee Paper Products Ltd NSE:PDMJEPAPER
85 GF Score
Price ₹91.72
GF Value ₹99.94
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Pudumjee Paper Products Return-on-Tangible-Asset?

Pudumjee Paper Products NSE:PDMJEPAPER -1.63% 85 Return-on-Tangible-Asset is 9.22% as of Mar. 2026, which is 36% above its 10-year median of 6.76. GuruFocus rates NSE:PDMJEPAPER with a GF Score™ of 85/100 and a GF Value™ of ₹99.94 (Fairly Valued). The stock has 2 warning signs investors should review. Among 288 Forest Products companies, Pudumjee Paper Products ranks better than 95.49% 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. Pudumjee Paper Products's annualized Net Income for the quarter that ended in Mar. 2026 was ₹789 Mil. Pudumjee Paper Products's average total tangible assets for the quarter that ended in Mar. 2026 was ₹8,558 Mil. Therefore, Pudumjee Paper Products's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.22%.

The historical rank and industry rank for Pudumjee Paper Products's Return-on-Tangible-Asset or its related term are showing as below:

NSE:PDMJEPAPER' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.34   Med: 6.76   Max: 16.21
Current: 12.02

During the past 12 years, Pudumjee Paper Products's highest Return-on-Tangible-Asset was 16.21%. The lowest was 4.34%. And the median was 6.76%.

NSE:PDMJEPAPER's Return-on-Tangible-Asset is ranked better than
95.49% of 288 companies
in the Forest Products industry
Industry Median: 1.07 vs NSE:PDMJEPAPER: 12.02

Pudumjee Paper Products  (NSE:PDMJEPAPER) 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.


Pudumjee Paper Products Return-on-Tangible-Asset Related Terms


Pudumjee Paper Products Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Pudumjee Paper Products'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.

Pudumjee Paper Products Return-on-Tangible-Asset Chart

Pudumjee Paper Products Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.89 10.86 16.21 14.20 12.04

Pudumjee Paper Products Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.79 20.74 8.67 10.61 9.22

Pudumjee Paper Products Return-on-Tangible-Asset Competitor Comparison

For the Paper & Paper Products subindustry, Pudumjee Paper Products'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.


Pudumjee Paper Products Return-on-Tangible-Asset vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Pudumjee Paper Products's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pudumjee Paper Products's Return-on-Tangible-Asset falls into.


NSE:PDMJEPAPER
85GF Score
Pudumjee Paper Products Ltd NSE:PDMJEPAPER
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pudumjee Paper Products Return-on-Tangible-Asset Calculation

Pudumjee Paper Products'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 )
=935.9/( (6988.484+8558)/ 2 )
=935.9/7773.242
=12.04 %

Pudumjee Paper Products'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: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=788.8/( (0+8558)/ 1 )
=788.8/8558
=9.22 %

* 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 9.22% mean?
Pudumjee Paper Products (NSE:PDMJEPAPER) has a Return-on-Tangible-Asset of 9.22% 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 Pudumjee Paper Products and its competitors. This is 36% above median its historical median of 6.76. Over the past decade, Pudumjee Paper Products' Return-on-Tangible-Asset has ranged from 4.34 to 16.21. According to the industry distribution chart, Pudumjee Paper Products ranks #13 out of 288 companies in the Forest Products industry, placing it in the top 4.5%.
Is Pudumjee Paper Products' Return-on-Tangible-Asset too high?
Pudumjee Paper Products' current Return-on-Tangible-Asset of 9.22% is 36% above median its 10-year median of 6.76. Over the past 10 years, this metric has ranged from a low of 4.34 to a high of 16.21. The Forest Products industry median Return-on-Tangible-Asset is 1.07. Pudumjee Paper Products' value of 9.22% is 761.7% above this industry median. Based on the distribution chart, Pudumjee Paper Products ranks #13 out of 288 companies in the Forest Products industry, which is in the top quartile — a strong position relative to peers. Overall, Pudumjee Paper Products has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pudumjee Paper Products' Return-on-Tangible-Asset compare to competitors?
According to the Forest Products industry distribution chart, Pudumjee Paper Products ranks #13 out of 288 companies for Return-on-Tangible-Asset. This places Pudumjee Paper Products in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.07. Pudumjee Paper Products' value of 9.22% is 761.7% above this benchmark. Historically, Pudumjee Paper Products' own Return-on-Tangible-Asset has ranged from 4.34 to 16.21 over the past decade. While the company's 10-year median is 6.76 vs. the industry median of 1.07, Pudumjee Paper Products 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 Forest Products company?
The median Return-on-Tangible-Asset among Forest Products companies is 1.07, based on 288 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. Pudumjee Paper Products's current Return-on-Tangible-Asset of 9.22% is 761.7% 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 Pudumjee Paper Products and its competitors. For the Forest Products industry, the median Return-on-Tangible-Asset is 1.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pudumjee Paper Products's current Return-on-Tangible-Asset is 9.22%, which is 36% above median its own 10-year median of 6.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pudumjee Paper Products stock overvalued right now?
Based on GuruFocus' analysis, Pudumjee Paper Products (NSE:PDMJEPAPER) is currently considered Fairly Valued. The stock's GF Value™ is ₹99.94, compared to a current price of ₹91.72 — trading 8.2% below its estimated fair value. The current Return-on-Tangible-Asset is 9.22%, which is 36% above median its 10-year median of 6.76 and 761.7% above the Forest Products industry median of 1.07. Pudumjee Paper Products' overall GF Score™ is 85/100 with 2 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 Pudumjee Paper Products (NSE:PDMJEPAPER), the current Return-on-Tangible-Asset is 9.22% 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 Pudumjee Paper Products (NSE:PDMJEPAPER) Overvalued in 2026?

Based on GuruFocus' analysis, Pudumjee Paper Products stock appears to be undervalued. The current stock price of ₹91.72 is trading 8.2% below its estimated GF Value™ of ₹99.94. GuruFocus considers Pudumjee Paper Products to be Fairly Valued.

Key valuation signals for NSE:PDMJEPAPER:

  • Return-on-Tangible-Asset: 9.22% (36% above median its 10-year median of 6.76)
  • GF Value™: ₹99.94 vs. price of ₹91.72 (8.2% below fair value)
  • GF Score™: 85/100 with 2 warning signs
  • Industry Position: 761.7% above the Forest Products median (#13 of 288)

No single metric tells the full story. See the NSE:PDMJEPAPER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Pudumjee Paper Products Business Description

Other Exchanges 539785:India
Address 60, Dr. V.B. Gandhi Marg, Jatia Chambers, Kalaghoda, Mumbai, MH, IND, 400001
Pudumjee Paper Products Ltd is a paper manufacturing company. Its segments include Paper manufacturing and Hygiene products. The Paper Manufacturing segment involves the manufacturing and marketing of various types of specialty papers, including Opaque Laminating Base, Glassine, Base Paper, Bible Paper, and others. The Hygiene Products segment encompasses the processing and marketing of tissue and other hygiene papers, as well as the marketing and distribution of other hygiene products. It derives a majority of its revenue from the Paper segment. The company's product range includes Facial tissue, Napkin tissue, and Diaper tissue and among others. The group has a business presence in India and Outside India.
85GF Score

Get the complete analysis for NSE:PDMJEPAPER

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

₹91.72
Price
₹99.94
GF Value