Ram Ratna WiresNSE:RAMRAT +0.50%91 Return-on-Tangible-Asset is 7.93% as of Mar. 2026, which is 26% above its 10-year median of 6.31. GuruFocus rates NSE:RAMRAT with a GF Score™ of 91/100 and a GF Value™ of ₹404.45 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,074 Industrial Products companies, Ram Ratna Wires ranks better than 71.11% 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. Ram Ratna Wires's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹1,561 Mil. Ram Ratna Wires's average total tangible assets for the quarter that ended in Mar. 2026 was ₹19,685 Mil. Therefore, Ram Ratna Wires's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 7.93%.
The historical rank and industry rank for Ram Ratna Wires's Return-on-Tangible-Asset or its related term are showing as below:
NSE:RAMRAT'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.52 Med: 6.31 Max: 7.78
Current: 6.52
During the past 13 years, Ram Ratna Wires's highest Return-on-Tangible-Asset was 7.78%. The lowest was 2.52%. And the median was 6.31%.
NSE:RAMRAT's Return-on-Tangible-Asset is ranked better than 71.11% of 3074
companies
in the Industrial Products industry
Industry Median: 3.235
vs NSE:RAMRAT: 6.52
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.
Ram Ratna Wires Return-on-Tangible-Asset Related Terms
Ram Ratna Wires Return-on-Tangible-Asset Historical Data
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The historical data trend for Ram Ratna Wires'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:RAMRAT vs VRT, BE: Return-on-Tangible-Asset Comparison
For the Electrical Equipment & Parts subindustry, Ram Ratna Wires'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.
Ram Ratna Wires Return-on-Tangible-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ram Ratna Wires's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ram Ratna Wires'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 7.93% mean?
Ram Ratna Wires (NSE:RAMRAT) has a Return-on-Tangible-Asset of 7.93% 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 Ram Ratna Wires and its competitors. This is 26% above median its historical median of 6.31. Over the past decade, Ram Ratna Wires' Return-on-Tangible-Asset has ranged from 2.52 to 7.78. According to the industry distribution chart, Ram Ratna Wires ranks #888 out of 3074 companies in the Industrial Products industry, placing it in the top 28.9%.
Is Ram Ratna Wires' Return-on-Tangible-Asset too high?
Ram Ratna Wires' current Return-on-Tangible-Asset of 7.93% is 26% above median its 10-year median of 6.31. Over the past 10 years, this metric has ranged from a low of 2.52 to a high of 7.78. The Industrial Products industry median Return-on-Tangible-Asset is 3.24. Ram Ratna Wires' value of 7.93% is 145.1% above this industry median. Based on the distribution chart, Ram Ratna Wires ranks #888 out of 3074 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Ram Ratna Wires has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ram Ratna Wires' Return-on-Tangible-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ram Ratna Wires ranks #888 out of 3074 companies for Return-on-Tangible-Asset. This puts Ram Ratna Wires in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Ram Ratna Wires' value of 7.93% is 145.1% above this benchmark. Historically, Ram Ratna Wires' own Return-on-Tangible-Asset has ranged from 2.52 to 7.78 over the past decade. While the company's 10-year median is 6.31 vs. the industry median of 3.24, Ram Ratna Wires 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 Industrial Products company?
The median Return-on-Tangible-Asset among Industrial Products companies is 3.24, based on 3,074 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. Ram Ratna Wires's current Return-on-Tangible-Asset of 7.93% is 145.1% 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 Ram Ratna Wires and its competitors. For the Industrial Products industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ram Ratna Wires's current Return-on-Tangible-Asset is 7.93%, which is 26% above median its own 10-year median of 6.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ram Ratna Wires stock overvalued right now?
Based on GuruFocus' analysis, Ram Ratna Wires (NSE:RAMRAT) is currently considered Fairly Valued. The stock's GF Value™ is ₹404.45, compared to a current price of ₹408.60 — trading 1% above its estimated fair value. The current Return-on-Tangible-Asset is 7.93%, which is 26% above median its 10-year median of 6.31 and 145.1% above the Industrial Products industry median of 3.24. Ram Ratna Wires' overall GF Score™ is 91/100 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 Ram Ratna Wires (NSE:RAMRAT), the current Return-on-Tangible-Asset is 7.93% 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 Ram Ratna Wires (NSE:RAMRAT) Overvalued in 2026?
Based on GuruFocus' analysis, Ram Ratna Wires stock appears to be overvalued.
The current stock price of ₹408.60 is trading 1% above its estimated GF Value™ of ₹404.45.
GuruFocus considers Ram Ratna Wires to be Fairly Valued.
Key valuation signals for NSE:RAMRAT:
Return-on-Tangible-Asset: 7.93% (26% above median its 10-year median of 6.31)
GF Value™: ₹404.45 vs. price of ₹408.60 (1% above fair value)
Industry Position: 145.1% above the Industrial Products median (#888 of 3074)
No single metric tells the full story. See the NSE:RAMRAT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ram Ratna Wires Ltd engages in the manufacture and sale of enameled copper winding wire and strips. Its products include enameled copper wire, enameled copper strips, enameled aluminum wires, submersible flat cable, corona resistant winding wires, and submersible winding wire. Its segments are Enamelled wires and strips; Copper tubes and pipes and Other. Geographically, it derives a majority of revenue from India.
91GF Score
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