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Power Grid Of IndiaNSE:POWERGRID -0.37%81 Return-on-Tangible-Asset is 4.91% as of Jun. 2026, which is 7% above its 10-year median of 4.58. GuruFocus rates NSE:POWERGRID with a GF Score™ of 81/100 and a GF Value™ of ₹307.35 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 508 Utilities - Regulated companies, Power Grid Of India ranks better than 73.43% 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. Power Grid Of India's annualizedNet Income for the quarter that ended in Jun. 2026 was ₹143,937 Mil. Power Grid Of India's average total tangible assets for the quarter that ended in Jun. 2026 was ₹2,930,745 Mil. Therefore, Power Grid Of India's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 4.91%.
The historical rank and industry rank for Power Grid Of India's Return-on-Tangible-Asset or its related term are showing as below:
NSE:POWERGRID'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.54 Med: 4.58 Max: 6.63
Current: 5.72
During the past 13 years, Power Grid Of India's highest Return-on-Tangible-Asset was 6.63%. The lowest was 3.54%. And the median was 4.58%.
NSE:POWERGRID's Return-on-Tangible-Asset is ranked better than 73.43% of 508
companies
in the Utilities - Regulated industry
Industry Median: 3.38
vs NSE:POWERGRID: 5.72
Power Grid Of India (NSE:POWERGRID) 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 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.
Power Grid Of India Return-on-Tangible-Asset Related Terms
Power Grid Of India Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Power Grid Of India'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.
Power Grid Of India Return-on-Tangible-Asset Chart
NSE:POWERGRID vs NEE, SO, DUK: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Electric subindustry, Power Grid Of India'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.
Power Grid Of India Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Power Grid Of India's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Power Grid Of India'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 (Jun. 2026) net income data.
What does a Return-on-Tangible-Asset of 4.91% mean?
Power Grid Of India (NSE:POWERGRID) has a Return-on-Tangible-Asset of 4.91% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Power Grid Of India and its competitors. This is near median its historical median of 4.58. Over the past decade, Power Grid Of India's Return-on-Tangible-Asset has ranged from 3.54 to 6.63. According to the industry distribution chart, Power Grid Of India ranks #135 out of 508 companies in the Utilities - Regulated industry, placing it in the top 26.6%.
Is Power Grid Of India's Return-on-Tangible-Asset too high?
Power Grid Of India's current Return-on-Tangible-Asset of 4.91% is near median its 10-year median of 4.58. Over the past 10 years, this metric has ranged from a low of 3.54 to a high of 6.63. The Utilities - Regulated industry median Return-on-Tangible-Asset is 3.38. Power Grid Of India's value of 4.91% is 45.3% above this industry median. Based on the distribution chart, Power Grid Of India ranks #135 out of 508 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Power Grid Of India has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Power Grid Of India's Return-on-Tangible-Asset compare to NEE and SO?
According to the Utilities - Regulated industry distribution chart, Power Grid Of India ranks #135 out of 508 companies for Return-on-Tangible-Asset. This puts Power Grid Of India in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.38. Power Grid Of India's value of 4.91% is 45.3% above this benchmark. Historically, Power Grid Of India's own Return-on-Tangible-Asset has ranged from 3.54 to 6.63 over the past decade. While the company's 10-year median is 4.58 vs. the industry median of 3.38, Power Grid Of India 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 Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.38, based on 508 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. Power Grid Of India's current Return-on-Tangible-Asset of 4.91% is 45.3% 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 Power Grid Of India and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Power Grid Of India's current Return-on-Tangible-Asset is 4.91%, which is near median its own 10-year median of 4.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Power Grid Of India stock overvalued right now?
Based on GuruFocus' analysis, Power Grid Of India (NSE:POWERGRID) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹307.35, compared to a current price of ₹271.40 — trading 11.7% below its estimated fair value. The current Return-on-Tangible-Asset is 4.91%, which is near median its 10-year median of 4.58 and 45.3% above the Utilities - Regulated industry median of 3.38. Power Grid Of India's overall GF Score™ is 81/100 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 Power Grid Of India (NSE:POWERGRID), the current Return-on-Tangible-Asset is 4.91% as of Jun. 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 Power Grid Of India (NSE:POWERGRID) Overvalued in 2026?
Based on GuruFocus' analysis, Power Grid Of India stock appears to be undervalued.
The current stock price of ₹271.40 is trading 11.7% below its estimated GF Value™ of ₹307.35.
GuruFocus considers Power Grid Of India to be Modestly Undervalued.
Key valuation signals for NSE:POWERGRID:
Return-on-Tangible-Asset: 4.91% (near median its 10-year median of 4.58)
GF Value™: ₹307.35 vs. price of ₹271.40 (11.7% below fair value)
Industry Position: 45.3% above the Utilities - Regulated median (#135 of 508)
No single metric tells the full story. See the NSE:POWERGRID stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Power Grid Corp Of India Ltd is a state-owned electric utility company in India. The activities of the firm are operated through Transmission, Telecom, and Consultancy segments. Under the Transmission division, the company's principal business is the transmission of bulk power across different states of India. Whereas the Telecom division leverages the firm's nationwide transmission infrastructure and operates as a neutral carrier in the point-to-point Bandwidth Leasing Business. The company is also involved in the Consultancy business in which it provides in-house expertise in the Transmission, Distribution, and Telecom sectors, including planning, design, engineering, load dispatch, procurement management, financing, and others. It derives maximum revenue from the Transmission segment.
81GF Score
Get the complete analysis for NSE:POWERGRID
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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