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Platinum IndustriesNSE:PLATIND -1.09%47 Return-on-Tangible-Asset is 10.98% as of Mar. 2026, which is 31% below its 10-year median of 15.94. GuruFocus rates NSE:PLATIND with a GF Score™ of 47/100. The stock has 5 warning signs investors should review. Among 1,615 Chemicals companies, Platinum Industries ranks better than 86.32% 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. Platinum Industries's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹603 Mil. Platinum Industries's average total tangible assets for the quarter that ended in Mar. 2026 was ₹5,491 Mil. Therefore, Platinum Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 10.98%.
The historical rank and industry rank for Platinum Industries's Return-on-Tangible-Asset or its related term are showing as below:
NSE:PLATIND'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.2 Med: 15.94 Max: 36.86
Current: 10.2
During the past 6 years, Platinum Industries's highest Return-on-Tangible-Asset was 36.86%. The lowest was 10.20%. And the median was 15.94%.
NSE:PLATIND's Return-on-Tangible-Asset is ranked better than 86.32% of 1615
companies
in the Chemicals industry
Industry Median: 3.19
vs NSE:PLATIND: 10.20
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.
Platinum Industries Return-on-Tangible-Asset Related Terms
Platinum Industries Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Platinum 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:PLATIND vs : Return-on-Tangible-Asset Comparison
For the Specialty Chemicals subindustry, Platinum 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.
Platinum Industries Return-on-Tangible-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Platinum Industries's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Platinum 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 10.98% mean?
Platinum Industries (NSE:PLATIND) has a Return-on-Tangible-Asset of 10.98% 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 Platinum Industries and its competitors. This is 31% below median its historical median of 15.94. Over the past decade, Platinum Industries' Return-on-Tangible-Asset has ranged from 10.20 to 36.86. According to the industry distribution chart, Platinum Industries ranks #221 out of 1615 companies in the Chemicals industry, placing it in the top 13.7%.
Is Platinum Industries' Return-on-Tangible-Asset too high?
Platinum Industries' current Return-on-Tangible-Asset of 10.98% is 31% below median its 10-year median of 15.94. Over the past 10 years, this metric has ranged from a low of 10.20 to a high of 36.86. The Chemicals industry median Return-on-Tangible-Asset is 3.19. Platinum Industries' value of 10.98% is 244.2% above this industry median. Based on the distribution chart, Platinum Industries ranks #221 out of 1615 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Platinum Industries has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Platinum Industries' Return-on-Tangible-Asset compare to ?
According to the Chemicals industry distribution chart, Platinum Industries ranks #221 out of 1615 companies for Return-on-Tangible-Asset. This places Platinum Industries in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.19. Platinum Industries' value of 10.98% is 244.2% above this benchmark. Historically, Platinum Industries' own Return-on-Tangible-Asset has ranged from 10.20 to 36.86 over the past decade. While the company's 10-year median is 15.94 vs. the industry median of 3.19, Platinum Industries 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 Chemicals company?
The median Return-on-Tangible-Asset among Chemicals companies is 3.19, based on 1,615 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. Platinum Industries's current Return-on-Tangible-Asset of 10.98% is 244.2% 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 Platinum Industries and its competitors. For the Chemicals industry, the median Return-on-Tangible-Asset is 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Platinum Industries's current Return-on-Tangible-Asset is 10.98%, which is 31% below median its own 10-year median of 15.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Platinum Industries stock overvalued right now?
Platinum Industries (NSE:PLATIND) has a current Return-on-Tangible-Asset of 10.98%. The current Return-on-Tangible-Asset is 10.98%, which is 31% below median its 10-year median of 15.94 and 244.2% above the Chemicals industry median of 3.19. Platinum Industries' overall GF Score™ is 47/100 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 Platinum Industries (NSE:PLATIND), the current Return-on-Tangible-Asset is 10.98% 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.
Platinum Industries Ltd is a multi-product company engaged in the business of manufacturing stabilizers. Its business segment includes PVC stabilizers, CPVC additives, and lubricants. The company operates in the speciality chemicals industry and its products find their application in PVC pipes, PVC profiles, PVC fittings, electrical wires and cables, SPC floor tiles, Rigid PVC foam boards, packaging materials, etc.
47GF Score
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