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Suratwwala Business GroupNSE:SBGLP +0.04%78 Return-on-Tangible-Asset is 20.20% as of Mar. 2026, which is 113% above its 10-year median of 9.48. GuruFocus rates NSE:SBGLP with a GF Score™ of 78/100 and a GF Value™ of ₹138.13 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 1,802 Real Estate companies, Suratwwala Business Group ranks better than 97.84% 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. Suratwwala Business Group's annualizedNet Income for the quarter that ended in Mar. 2026 was ₹531 Mil. Suratwwala Business Group's average total tangible assets for the quarter that ended in Mar. 2026 was ₹2,630 Mil. Therefore, Suratwwala Business Group's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 20.20%.
The historical rank and industry rank for Suratwwala Business Group's Return-on-Tangible-Asset or its related term are showing as below:
NSE:SBGLP'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.36 Med: 9.48 Max: 22.46
Current: 17.13
During the past 9 years, Suratwwala Business Group's highest Return-on-Tangible-Asset was 22.46%. The lowest was -12.36%. And the median was 9.48%.
NSE:SBGLP's Return-on-Tangible-Asset is ranked better than 97.84% of 1802
companies
in the Real Estate industry
Industry Median: 1.71
vs NSE:SBGLP: 17.13
Suratwwala Business Group (NSE:SBGLP) 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.
Suratwwala Business Group Return-on-Tangible-Asset Related Terms
Suratwwala Business Group Return-on-Tangible-Asset Historical Data
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The historical data trend for Suratwwala Business Group'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.
Suratwwala Business Group Return-on-Tangible-Asset Chart
Suratwwala Business Group Return-on-Tangible-Asset Competitor Comparison
For the Real Estate - Development subindustry, Suratwwala Business Group'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.
Suratwwala Business Group Return-on-Tangible-Asset vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Suratwwala Business Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Suratwwala Business Group'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 20.20% mean?
Suratwwala Business Group (NSE:SBGLP) has a Return-on-Tangible-Asset of 20.20% 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 Suratwwala Business Group and its competitors. This is 113% above median its historical median of 9.48. According to the industry distribution chart, Suratwwala Business Group ranks #39 out of 1802 companies in the Real Estate industry, placing it in the top 2.2%.
Is Suratwwala Business Group's Return-on-Tangible-Asset too high?
Suratwwala Business Group's current Return-on-Tangible-Asset of 20.20% is 113% above median its 10-year median of 9.48. The Real Estate industry median Return-on-Tangible-Asset is 1.71. Suratwwala Business Group's value of 20.20% is 1081.3% above this industry median. Based on the distribution chart, Suratwwala Business Group ranks #39 out of 1802 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Suratwwala Business Group has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Suratwwala Business Group's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, Suratwwala Business Group ranks #39 out of 1802 companies for Return-on-Tangible-Asset. This places Suratwwala Business Group in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 1.71. Suratwwala Business Group's value of 20.20% is 1081.3% above this benchmark. While the company's 10-year median is 9.48 vs. the industry median of 1.71, Suratwwala Business Group 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.71, based on 1,802 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. Suratwwala Business Group's current Return-on-Tangible-Asset of 20.20% is 1081.3% 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 Suratwwala Business Group and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Suratwwala Business Group's current Return-on-Tangible-Asset is 20.20%, which is 113% above median its own 10-year median of 9.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suratwwala Business Group stock overvalued right now?
Based on GuruFocus' analysis, Suratwwala Business Group (NSE:SBGLP) is currently considered Possible Value Trap. The stock's GF Value™ is ₹138.13, compared to a current price of ₹24.43 — trading 82.3% below its estimated fair value. The current Return-on-Tangible-Asset is 20.20%, which is 113% above median its 10-year median of 9.48 and 1081.3% above the Real Estate industry median of 1.71. Suratwwala Business Group's overall GF Score™ is 78/100 with 1 warning sign 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 Suratwwala Business Group (NSE:SBGLP), the current Return-on-Tangible-Asset is 20.20% 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 Suratwwala Business Group (NSE:SBGLP) Overvalued in 2026?
Based on GuruFocus' analysis, Suratwwala Business Group stock appears to be undervalued.
The current stock price of ₹24.43 is trading 82.3% below its estimated GF Value™ of ₹138.13.
GuruFocus considers Suratwwala Business Group to be Possible Value Trap.
Key valuation signals for NSE:SBGLP:
Return-on-Tangible-Asset: 20.20% (113% above median its 10-year median of 9.48)
GF Value™: ₹138.13 vs. price of ₹24.43 (82.3% below fair value)
Industry Position: 1081.3% above the Real Estate median (#39 of 1802)
No single metric tells the full story. See the NSE:SBGLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Suratwwala Business Group Ltd is an integrated real estate development company focusing on the development of residential and commercial projects in the Pune district. Its business activities comprise of development and sale of residential as well as commercial properties and the maintenance of the properties developed by the company. The company segments include: Construction and Development of Commercial Offices & Showrooms, Restaurants and Residential Projects, Maintenance of properties developed by the Company, Providing the space on rent, such as renting for mobile tower, hoardings and banners on building, or renting of the unsold space for short durations.
78GF Score
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