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.
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.
Rajputana StainlessNSE:RSL -0.09%18 Return-on-Tangible-Asset is 9.69% as of Mar. 2026, which is 3% below its 10-year median of 9.97. GuruFocus rates NSE:RSL with a GF Score™ of 18/100. The stock has 2 warning signs investors should review. Among 634 Steel companies, Rajputana Stainless ranks better than 91.17% 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. Rajputana Stainless's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹508 Mil. Rajputana Stainless's average total tangible assets for the quarter that ended in Mar. 2026 was ₹5,245 Mil. Therefore, Rajputana Stainless's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 9.69%.
The historical rank and industry rank for Rajputana Stainless's Return-on-Tangible-Asset or its related term are showing as below:
NSE:RSL'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.09 Med: 9.97 Max: 10.71
Current: 10.17
During the past 4 years, Rajputana Stainless's highest Return-on-Tangible-Asset was 10.71%. The lowest was 8.09%. And the median was 9.97%.
NSE:RSL's Return-on-Tangible-Asset is ranked better than 91.17% of 634
companies
in the Steel industry
Industry Median: 2.095
vs NSE:RSL: 10.17
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.
Rajputana Stainless Return-on-Tangible-Asset Related Terms
Rajputana Stainless Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Rajputana Stainless'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:RSL vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, Rajputana Stainless'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.
Rajputana Stainless Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Rajputana Stainless's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rajputana Stainless'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 two times the semi-annual (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 9.69% mean?
Rajputana Stainless (NSE:RSL) has a Return-on-Tangible-Asset of 9.69% 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 Rajputana Stainless and its competitors. This is near median its historical median of 9.97. Over the past decade, Rajputana Stainless' Return-on-Tangible-Asset has ranged from 8.09 to 10.71. According to the industry distribution chart, Rajputana Stainless ranks #56 out of 634 companies in the Steel industry, placing it in the top 8.8%.
Is Rajputana Stainless' Return-on-Tangible-Asset too high?
Rajputana Stainless' current Return-on-Tangible-Asset of 9.69% is near median its 10-year median of 9.97. Over the past 10 years, this metric has ranged from a low of 8.09 to a high of 10.71. The Steel industry median Return-on-Tangible-Asset is 2.10. Rajputana Stainless' value of 9.69% is 362.5% above this industry median. Based on the distribution chart, Rajputana Stainless ranks #56 out of 634 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Rajputana Stainless has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Rajputana Stainless' Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, Rajputana Stainless ranks #56 out of 634 companies for Return-on-Tangible-Asset. This places Rajputana Stainless in the top 9% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.10. Rajputana Stainless' value of 9.69% is 362.5% above this benchmark. Historically, Rajputana Stainless' own Return-on-Tangible-Asset has ranged from 8.09 to 10.71 over the past decade. While the company's 10-year median is 9.97 vs. the industry median of 2.10, Rajputana Stainless 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 2.10, based on 634 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. Rajputana Stainless's current Return-on-Tangible-Asset of 9.69% is 362.5% 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 Rajputana Stainless and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rajputana Stainless's current Return-on-Tangible-Asset is 9.69%, which is near median its own 10-year median of 9.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rajputana Stainless stock overvalued right now?
Rajputana Stainless (NSE:RSL) has a current Return-on-Tangible-Asset of 9.69%. The current Return-on-Tangible-Asset is 9.69%, which is near median its 10-year median of 9.97 and 362.5% above the Steel industry median of 2.10. Rajputana Stainless' overall GF Score™ is 18/100 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 Rajputana Stainless (NSE:RSL), the current Return-on-Tangible-Asset is 9.69% 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.
Rajputana Stainless Ltd is engaged in the business of manufacturing long and flat stainless-steel products comprising billets, forging ingots, rolled black bar, rolled bright bar, flat & patti, and other ancillary products under the brand name of RSL. Its products are used across a diverse range of industries, including bar processing, seamless pipes, forging, wire manufacturing, engineering, casting, fasteners, utensil manufacturing, pump and shaft, and the auto industry. The company operates in domestic as well as international markets, including Turkey, UAE, Poland, Portugal, USA, South Africa, South Korea, Czech Republic, and Kuwait. The majority of its revenue is derived from the sale of its products in the domestic market.
18GF Score
Get the complete analysis for NSE:RSL
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:RSL has been successfully added to your 
